Order management, portfolio monitoring and risk analytics system

CPV: Financial analysis software package · Software package and information systems

Procedure method

Competitive procedure with negotiation

Legal basis

CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)

Procurement category

Goods

Notice status

Awarded

Procurement threshold

Unspecified in notice

Regulatory regime

Standard

Commercial structure

Stand-alone contract (no framework)

Competition type

Competitive procedure

GPA / WTO covered

Yes (GPA)

Recurring procurement

No (one-off requirement)

First published

5 Aug 2024, 16:25 BST

Last source update

6 Oct 2025, 13:57 BST

Authority reference

CS0723 ecm_3590

FTS notice number

2025/S 000-062522

Classification (CPV)

Financial analysis software packageSoftware package and information systems

Delivery area

London (UKI62)

Official registry OCID

ocds-h6vhtk-0487c9 Find a Tender

Publisher note: The contract is awarded for an initial term of five years, with the option to extend for up to an additional five years, resulting in a maximum potential duration of ten years. For the purposes of this notice, the total estimated contract value across Lots 1 and 2 over the full ten-year term is projected to range between £48,766,000 and £74,025,496. This range reflects both fixed and variable fees, which are influenced by the total assets under management by the PPF. As such, the final value may vary. These figures are based on long-term projections and should be considered indicative, given the ten-year forecasting horizon. The PPF is continually developing its business within a changing market, and it is envisaged that there may be future requirements for further services within the scope of the investment management area; for example, fund accounting, support for additional asset classes or investment strategies, and any such requirements that are complementary or required to support the delivery of the system. The additional services that may be included over the life of the contract may result in a price revision of the original contract and/or may significantly increase or decrease the fees paid in relation to these services. Similarly, there are variable volume related fees associated with the services, if there were to be an increase, or decrease in the volume of assets managed by the PPF, or an amendment in the number of users or types of assets managed this would also lead to a price revision of the original contract and/or may result in a change to the fees paid in relation to these services. The Board makes no guarantee as to the nature and extent of such services or the potential change in assets under management over the course of the contract term, this known, unknown value cannot be reliably predicted at this stage.

Submission deadline

13 Feb 2025, 12:00 GMT

Submission channel

{"electronicSubmission","written"}

Accepted languages

en

Bid validity

180 days from the deadline

• BlackRock Financial Management, IncAwarded supplier2446204 BlackRock’s global headquarters: 50 Hudson Yards, New York, NY 10001, United States., New York, US, NY 10001
• BlackRock Financial Management, IncAwarded supplier2446204 BlackRock’s global headquarters: 50 Hudson Yards, New York, NY 10001, United States. BlackRock’s primary European office: Drapers Gardens, 12 Throgmorton Avenue, London EC2N 2DL England., New York, US, NY 10001