Official UK procurement notice
Procurement title · UK public procurement notice
Authority: Bradford Metropolitan District Council (Local council)
What is being bought
Published requirement descriptionThe West Yorkshire Pension Fund (WYPF) is procuring an Investment Order Management System (OMS) and associated implementation, integration, hosting, support and maintenance services. The solution is required to support WYPF's transition to an FCA-regulated investment management operating model and must provide end-to-end order management, trade execution, pre-trade and post-trade compliance monitoring, audit functionality, post-trade operations, reconciliation and reporting capabilities. The system must support global and UK trading activities, provide integration with custodians and existing investment systems, enable secure role-based user access controls and support ongoing compliance with UK and global regulatory requirements. The contract includes software licensing, implementation services, training, ongoing support and technology integration services. The contract term is five years
- How the procedure runs: The Authority will be conducting a multi stage procurement process where Suppliers are first invited to complete a PSQ and Assessment Questionnaire from which the top 4 Highest Scored assessed Suppliers will be invited to participate in Stage 2 of the Procurement to make a final presentation to Senior team members at WYPF and any other relevant stakeholders, using the methodology described in the Assessment Questionnaire. The Contract will be subject to negotiations between Suppliers and the Authority in this Procurement. Suppliers to define the full definition and requirements to be agreed within the terms and conditions of the Contract. This includes the finalised costs and fees of the service to be provided, the term of its duration and any potential break clauses. The Authority reserves the right to negotiate these terms. Only those Suppliers invited to make a presentation of their system and following discussion with WYPF as to their system meets the needs of WYPF, now and going forward after implementation, in the opinion of the assessing panel of WYPF will be considered for the award of the Contract.
- No preliminary market engagement: There are limited suppliers within the market due to the nature of this procurement requirement.
CPV: Financial and insurance services · Financial systems software package · IT services: consulting, software development, Internet and support · Investment management software package · Software package and information systems
The lotProcurement structure
single lot · value publishedWhat it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (3)
- Questionnaire score: 20%
- SME assessment and review of the responses for Stage 1.: 50%
- Implementation and ongoing cost: 30%
Published award criteria (3)
- Questionnaire score
- Implementation and ongoing cost
- SME assessment and review of the responses for Stage 1.
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Competitive flexible procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 29 Jul 2025, 19:00 BST
- Last source update
- 7 Jul 2026, 14:18 BST
- Award evaluation window
- Submission end – 13 Nov 2025
- Authority reference
CBDMC- FTS notice number
2025/S 000-044044- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05687bFind a Tender- Contract terms summary
To be agreed as part of the finalisation contract discussions.
- How it runs
The Authority will be conducting a multi stage procurement process where Suppliers are first invited to complete a PSQ and Assessment Questionnaire from which the top 4 Highest Scored assessed Suppliers will be invited to participate in Stage 2 of the Procurement to make a final presentation to Senior team members at WYPF and any other relevant stakeholders, using the methodology described in the Assessment Questionnaire. The Contract will be subject to negotiations between Suppliers and the Authority in this Procurement. Suppliers to define the full definition and requirements to be agreed within the terms and conditions of the Contract. This includes the finalised costs and fees of the service to be provided, the term of its duration and any potential break clauses. The Authority reserves the right to negotiate these terms. Only those Suppliers invited to make a presentation of their system and following discussion with WYPF as to their system meets the needs of WYPF, now and going forward after implementation, in the opinion of the assessing panel of WYPF will be considered for the award of the Contract.
How it was run
Official notice- Submission deadline
- 26 Aug 2025, 12:00 BST
- Clarification deadline
- 12 Aug 2025, 22:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
29 Jul 2025 → 7 Jul 2026 · 8 dates- Tender notice published29 Jul 2025, 19:00 BST
- Clarification questions by12 Aug 2025, 22:00 BST
- Submission deadline26 Aug 2025, 12:00 BST
- Assessment summaries sent358 days ago30 Oct 2025
- Standstill ends346 days ago10 Nov 2025, 23:59 GMT
- Award decision expected by343 days ago13 Nov 2025, 23:59 GMT
- Contract starts336 days ago21 Nov 2025
- Latest notice published107 days ago7 Jul 2026, 14:18 BST
Notice history
10 events · 5 releases on Find a Tender · since 29 Jul 2025- Tender notice published29 Jul 2025, 19:00 BSTUK4
- Tender notice published4 Aug 2025, 10:07 BSTUK4
- Deadline moved to 6 Oct 2025, 22:00 BST4 Aug 2025, 10:07 BST+10 days · was 27 Sept 2025, 00:00 BST
- Tender notice published22 Aug 2025, 09:15 BSTUK4
- Deadline moved to 26 Aug 2025, 12:00 BST22 Aug 2025, 09:15 BST-41 days · was 6 Oct 2025, 22:00 BST
- Contract award notice published30 Oct 2025, 12:51 GMTUK6
- Status changed to complete30 Oct 2025, 12:51 GMT
- Contract signature expected11 Nov 2025, 23:59 GMTscheduled
- Contract details notice published7 Jul 2026, 14:18 BSTUK7
- Procurement method changed7 Jul 2026, 14:18 BST
Published amendments (2)
The closing date for stage 1 of this tender is 10pm 25th of August. The date that is currently being displayed as the tender closing date is for the second stage of this 2-stage process. This is now causing confusion for bidders and the public. Please take note that the correct closing date for stage one is 10 pm 25/08/25.
This is to inform you that the tender deadline for Stage 1 has been amended to 12 pm on Tuesday 26th August 2025. Kindly take note. Thank you
Routine re-releases (5)
- 2025-08: 1 release · 4 Aug 2025
- 2025-07: 1 release · 29 Jul 2025
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| BLOOMBERG FINANCE L.P.WYPF Investment Order Management System1 Dec 2025 – 30 Nov 2028 · up to 30 Nov 2030Extensions: Contract is for an initial term of 3 -years with an option to extend by 1 + 1 (12 months each) renewable as required, subject to performance. | £290,000 | 29 Oct 2025 | Awarded |
Contracts
Contract 1 · BLOOMBERG FINANCE L.P.
- Signed
- 2 Apr 2026
- Value
- £290,000
- Period
- 2 Apr 2026 – 30 Nov 2028
- Status
- active
No agreed KPIs: The contract value is below £5 million including VAT. Accordingly, the statutory requirement to publish at least three key performance indicators does not apply. Performance management arrangements, service levels and service credits will be managed in accordance with the terms of the contract.
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4final-stage tenders · 8 at stage one | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- BLOOMBERG FINANCE L.P.Awarded supplier
Official documents & specifications (5)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender
- Tender notice Tender notice on Find a Tender
- Tender notice Tender notice on Find a Tender