Award

Investment Performance Reporting System

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

17 Jun 2020 at 12:08

Award Notice
Summary of the contracting process

The Pension Protection Fund, located in Croydon, England, recently awarded a contract titled "Investment Performance Reporting System." This tender, classified under investment management software development services, was initiated as a selective procurement process using competitive dialogue and has a total estimated value of £5,500,000. The contract covers a period from 1st May 2020 to 30th April 2030, with initial award details published on 17th June 2020. This procurement process is complete, providing a significant opportunity for companies in the software development industry to engage with a major public sector client.

This contract presents a valuable opportunity for businesses specialising in investment management software development, particularly those with capabilities in enhancing performance measurement, attribution, and risk automation. SMEs with innovative solutions in this sector can leverage this opportunity to grow, especially given the extensive 10-year potential of the contract. Businesses that can demonstrate scalability and efficiency in their offerings would be well-suited to compete for future tenders in similar domains, thereby expanding their footprint in the public procurement space.

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Notice Information

Notice Title

Investment Performance Reporting System

Notice Description

An investment performance reporting system which will deliver improved quality, scalability, efficiency and automation for performance measurement, attribution and risk. The contract is for a period of 36 months with options to extend to a maximum period of 120 months. Additional information: Note that the contract value stated in this notice is the estimated value of the contract assuming all extension options are taken but does not include the cost of all potential additional services, systems, software and licences stated above.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-096c5260-87a3-499f-a4f4-57c30491b475
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/15a439f9-674c-4d4b-a48c-1a7dea2831cb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72212411 - Investment management software development services

Notice Value(s)

Tender Value
£5,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jun 20205 years ago
Submission Deadline
6 Mar 2020Expired
Future Notice Date
Not specified
Award Date
30 Apr 20205 years ago
Contract Period
30 Apr 2020 - 30 Apr 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
Not specified
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

FACTSET

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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