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AwardedFind a Tender · award

Investment Platform Consultancy Support

Buyer: BORDER TO COAST PENSIONS PARTNERSHIP LIMITED →

BuyerBORDER TO COAST PENSIONS PARTNERSHIP LIMITED
StatusAwarded
DeadlineNot published
ValueValue not published
Published15 May 2025

What is being bought

Contract details notice for Investment Platform Consultancy Support. Please see previous notices for detailed requirements.

Lot details

Lot 1

No lot description published.

Statuscomplete

Comparable-procurement analytics

No usable CPV category has been published, so a comparable market set cannot yet be built.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationale3 tenders were assessed on a Most Advantageous Tender basis, the scoring of which has been formally documented. The expected spend for this service is over threshold and so an open procurement would have been the usual course of action, but the decision was made not to on the basis that this is a short term piece of work which we require to commence urgently in order to ensure that we adhere to the timeline of the business and deliver required outcomes to our Partner Funds. If an open process was followed at this stage, it would be highly unlikely that a system would be implemented prior to the required deadlines, which would pose operational risk and resilience impacts to the organisation and our Partner Funds.
Rationale classificationssingleSuppliersTechnicalReasons, urgency
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

Investment and Data Platform Consultancy Support

Statusactive
Value£237,840

Documents & submission route

  • Not published

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0502a6
Latest release ID021535-2025
Latest release timestampThu May 15 2025 08:11:03 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methoddirect
Procurement method detailsDirect award
Main procurement categoryNot published
Above thresholdNot published
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source0
Tender documents in source1
Awards in latest release1
Contracts in latest release1
Parties in latest release2

Notice history

DateEventReference
15 May 2025award, contract021535-2025
14 Apr 2025award, contract015024-2025
14 Apr 2025award, contract015019-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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Complete JSON history (3 releases)
15 May 2025 · 021535-2025 · award, contract
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14 Apr 2025 · 015024-2025 · award, contract
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    "description": "Border to Coast has propositions within Public Listed, Private Markets, and Real Estate asset classes that deliver investment opportunities and management to our Partner Funds, with specific systems in place for each asset class. \nAs part of our strategy to offer more capabilities to our Partner Funds and a unified approach to data within the organisation, we need to implement a platform that enables management of, and insight into, Partner Fund cross-asset investments.\nWe wish to procure an investments and data platform to support the efficient and effective implementation of these new capabilities. The platform needs to have interoperability with our administrator and other third parties to enable reporting on the whole customer fund and the provision of these new capabilities. In support of this procurement, we require consultancy support to assist us with our selection of an appropriate system, as set out below.\nBorder to Coast's Requirement for Consultancy Support\nThe service provider should be able to demonstrate a strong background working with Asset Managers and Owners, including a firm understanding how these organisations operate with third party administrators/asset servicers. Additionally, experience is required in selecting and implementing this type of platform, including knowledge of public procurement processes.\nThe support Border to Coast requires is as follows:\nGuidance to help prepare our Invitation to Tender for the investments and data platform procurement, including:\ni. feedback and input into the development of functional requirements, \nwith the objective of helping us avoid omissions and/or ambiguity in our requirements. These requirements will be used to assess \nplatforms.\nii. Advice, based on experience of previous implementations, on\nidentifying common pitfalls to avoid, guidance on how to manage \nthese at this stage of investments and data platform procurement.\niii. providing guidance on the achievability of our expectations implied by the tender, and the extent to which they are in line with the industry / marketplace.\niv. helping us ensure vendor awareness in the market, of our Invitation to Tender, subject to complying with public procurement regulations.\nv. assisting with defining the scoring approach (e.g., pod breakdown, \nweighting focus) to proposals received from vendors.\nSupport when reviewing tenders:\ni. the consultant to help us prepare a shortlist of credible vendor \noptions from those tendering, for further review and to invite to \ndemonstrate their system and present their tender.\nii. an indication of realistic timescale expectations for implementing and configuring an investments and data platform.\niii. in respect of shortlisted vendors, support to help us prepare for and review potential demonstrations/presentations from vendors and attend those demonstrations/presentations with us.\niv. assisting with scoring of proposals from vendors, in line with our public procurement scoring framework and the requirements of the tender. This includes using the scoring template to score each vendor proposal, that Border to Coast would provide, and participating in scoring moderation meetings with us (which may involve onsite meetings at our Leeds office) - indicating expected availability for such meetings.\nv. providing focused technical support on any complexities and \noperating model impacts identified in the review process, in relation to any final scoring decisions.",
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14 Apr 2025 · 015019-2025 · award, contract
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  "awards": [
    {
      "id": "1",
      "items": [
        {
          "id": "1",
          "relatedLot": "1",
          "deliveryAddresses": [
            {
              "region": "UKC",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKD",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKE",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKF",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKG",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKH",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKI",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKJ",
              "country": "GB",
              "countryName": "United Kingdom"
            },
            {
              "region": "UKK",
              "country": "GB",
              "countryName": "United Kingdom"
            }
          ],
          "additionalClassifications": [
            {
              "id": "72220000",
              "scheme": "CPV",
              "description": "Systems and technical consultancy services"
            },
            {
              "id": "72250000",
              "scheme": "CPV",
              "description": "System and support services"
            }
          ]
        }
      ],
      "title": "Investment and Data Platform Consultancy Support",
      "value": {
        "currency": "GBP",
        "amountGross": 237840
      },
      "status": "pending",
      "documents": [
        {
          "id": "015019-2025",
          "url": "https://www.find-tender.service.gov.uk/Notice/015019-2025",
          "format": "text/html",
          "noticeType": "UK5",
          "description": "Transparency notice on Find a Tender",
          "documentType": "awardNotice",
          "datePublished": "2025-04-14T15:02:49+01:00"
        }
      ],
      "suppliers": [
        {
          "id": "GB-COH-12217646",
          "name": "Liqueo Limited"
        }
      ],
      "milestones": [
        {
          "id": "1",
          "type": "futureSignatureDate",
          "status": "scheduled",
          "dueDate": "2025-05-10T23:59:59+01:00"
        }
      ],
      "relatedLots": [
        "1"
      ],
      "aboveThreshold": true,
      "contractPeriod": {
        "endDate": "2025-08-04T23:59:59+01:00",
        "startDate": "2025-05-12T00:00:00+01:00"
      },
      "mainProcurementCategory": "services"
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-0502a6",
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "title": "Investment Platform Consultancy Support",
    "status": "complete",
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "Border to Coast has propositions within Public Listed, Private Markets, and Real Estate asset classes that deliver investment opportunities and management to our Partner Funds, with specific systems in place for each asset class. \nAs part of our strategy to offer more capabilities to our Partner Funds and a unified approach to data within the organisation, we need to implement a platform that enables management of, and insight into, Partner Fund cross-asset investments.\nWe wish to procure an investments and data platform to support the efficient and effective implementation of these new capabilities. The platform needs to have interoperability with our administrator and other third parties to enable reporting on the whole customer fund and the provision of these new capabilities. In support of this procurement, we require consultancy support to assist us with our selection of an appropriate system, as set out below.\nBorder to Coast's Requirement for Consultancy Support\nThe service provider should be able to demonstrate a strong background working with Asset Managers and Owners, including a firm understanding how these organisations operate with third party administrators/asset servicers. Additionally, experience is required in selecting and implementing this type of platform, including knowledge of public procurement processes.\nThe support Border to Coast requires is as follows:\nGuidance to help prepare our Invitation to Tender for the investments and data platform procurement, including:\ni. feedback and input into the development of functional requirements, \nwith the objective of helping us avoid omissions and/or ambiguity in our requirements. These requirements will be used to assess \nplatforms.\nii. Advice, based on experience of previous implementations, on\nidentifying common pitfalls to avoid, guidance on how to manage \nthese at this stage of investments and data platform procurement.\niii. providing guidance on the achievability of our expectations implied by the tender, and the extent to which they are in line with the industry / marketplace.\niv. helping us ensure vendor awareness in the market, of our Invitation to \nTender, subject to complying with public procurement regulations.\nv. assisting with defining the scoring approach (e.g., pod breakdown, \nweighting focus) to proposals received from vendors.\nSupport when reviewing tenders:\ni. the consultant to help us prepare a shortlist of credible vendor \noptions from those tendering, for further review and to invite to \ndemonstrate their system and present their tender.\nii. an indication of realistic timescale expectations for implementing and configuring an investments and data platform.\niii. in respect of shortlisted vendors, support to help us prepare for and review potential demonstrations/presentations from vendors and attend those demonstrations/presentations with us.\niv. assisting with scoring of proposals from vendors, in line with our public procurement scoring framework and the requirements of the tender. This includes using the scoring template to score each vendor proposal, that Border to Coast would provide, and participating in \nscoring moderation meetings with us (which may involve onsite \nmeetings at our Leeds office) - indicating expected availability for \nsuch meetings.\nv. providing focused technical support on any complexities and \noperating model impacts identified in the review process, in relation to any final scoring decisions.",
    "procurementMethod": "direct",
    "procurementMethodDetails": "Direct award",
    "procurementMethodRationale": "3 tenders were assessed on a Most Advantageous Tender basis, the scoring of which has been formally documented.\nThe expected spend for this service is over threshold and so an open procurement would have been the usual course of action, but the decision was made not to on the basis that this is a short term piece of work which we require to commence urgently in order to ensure that we adhere to the timeline of the business and deliver required outcomes to our Partner Funds. If an open process was followed at this stage, it would be highly unlikely that a system would be implemented prior to the required deadlines, which would pose operational risk and resilience impacts to the organisation and our Partner Funds.\nA contract award notice will be published to notify that we will enter into a Standstill Period that will end on midnight 25th April.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "singleSuppliersTechnicalReasons"
      },
      {
        "id": "urgency"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-COH-10795539",
      "name": "BORDER TO COAST PENSIONS PARTNERSHIP LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE42",
        "country": "GB",
        "locality": "Leeds",
        "postalCode": "LS1 2HJ",
        "countryName": "United Kingdom",
        "streetAddress": "5th Floor Toronto Square"
      },
      "details": {
        "url": "https://www.bordertocoast.org.uk/",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "10795539",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "procurement@bordertocoast.org.uk"
      },
      "additionalIdentifiers": [
        {
          "id": "PZTH-6472-NGDG",
          "scheme": "GB-PPON"
        }
      ]
    },
    {
      "id": "GB-COH-12217646",
      "name": "Liqueo Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI31",
        "country": "GB",
        "locality": "London",
        "postalCode": "WC1N 3AX",
        "countryName": "United Kingdom",
        "streetAddress": "27 Old Gloucester Street"
      },
      "details": {
        "url": "https://www.liqueo.com/",
        "vcse": false,
        "scale": "sme"
      },
      "identifier": {
        "id": "12217646",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "info@liqueo.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}