Award

Pensions Administration Software in support of LGPS - CF award notice

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Award

19 Nov 2021 at 12:51

Award Notice
Summary of the contracting process

The City of London Corporation has awarded a contract for Pensions Administration Software in support of the Local Government Pension Scheme (LGPS). This contract, valued at £1,905,069.60, is for a total potential duration of 120 months, with a start date of 14 October 2021 and an end date of 13 October 2026. The procurement method used was selective, conducted through a mini competition under a framework agreement. The award notice was published on 19 November 2021, indicating that the process has reached the completion stage.

This contract presents significant opportunities for businesses engaged in software package development and information systems, particularly in the public sector. Organisations that specialise in providing pension administration solutions, software integration, and IT support would be especially well-suited to compete in future procurement activities related to this area. The City of London Corporation may continue to seek innovative solutions over the contract duration, offering potential entry points for companies looking to expand their services in government contracts.

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Notice Information

Notice Title

Pensions Administration Software in support of LGPS - CF award notice

Notice Description

The City of London Corporation has awarded a contract for the Pensions Administration Software in support of LGPS as a result of a mini competition under a framework. The contract is for 60 months with the option to extend for another 60 months on a 12 months basis for a total potential contract period of 120 months. Additional information: To note: The contract value is for the total maximum potential duration of the contract which is 120 months and is inclusive of VAT.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cfc52ba1-83d3-4248-9c05-ad9559cea80f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c1bb3319-8ff1-488a-90be-78ad149b6114
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£1,905,069 £1M-£10M
Lots Value
Not specified
Awards Value
£1,905,069 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Nov 20214 years ago
Submission Deadline
12 Feb 2021Expired
Future Notice Date
Not specified
Award Date
10 May 20214 years ago
Contract Period
13 Oct 2021 - 13 Oct 2026 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
CITY OF LONDON CORPORATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

HEYWOOD

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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