Pension - Pensions Administration Software for the Isle of Wight Council through the LGPS Framework for Pensions Administration Software

Isle of Wight Council

This public procurement record has 4 releases in its history.

TenderUpdate

10 Apr 2026 at 17:34

TenderUpdate

31 Jan 2023 at 14:12

TenderUpdate

31 Jan 2023 at 13:04

Award

24 May 2022 at 10:32

Summary of the contracting process

The Isle of Wight Council has engaged in a public procurement process to acquire Pensions Administration Software through the Local Government Pension Scheme (LGPS) Framework. This procurement falls under the software package and information systems category and is located in Newport, United Kingdom (UKJ34). Key amendments were made as of 2026, highlighting a price variation with an increase to £3,091,925 GBP, reflecting an 8.1% rise in expected whole life costs. The procurement method was a Further Competition under the National LGPS Framework, and the contract was finalized with Heywood Limited on 24th May 2022. The procurement process is currently at the tender update stage, highlighting ongoing improvements and adjustments to the contract's terms and overall cost.

This tender represents a significant opportunity for businesses specialising in IT services and software development, particularly those experienced in providing comprehensive pension administration solutions. Companies focusing on quality in system development, technical support, and adaptability to legislation changes will find this project aligns well with their expertise. The project demands high standards and offers long-term collaboration potential with the Isle of Wight Council, thereby creating a platform for likely expansion and increased market presence for businesses in the relevant sectors. The involvement of a regional authority like the Isle of Wight Council underscores a stable and well-defined business environment for potential bidders.

How relevant is this notice?

Notice Information

Notice Title

Pension - Pensions Administration Software for the Isle of Wight Council through the LGPS Framework for Pensions Administration Software

Notice Description

Pensions Administration Software for the Isle of Wight Council through the LGPS Framework for Pensions Administration Software

Lot Information

Lot 1

Provision of a Pensions Administration Software provider. The Pensions Administration Software provider will be required to provide Pensions Administration Software to the Fund as set out in the framework tender documents.

Procurement Information

A further competition process via a compliant framework - National LGPS Framework for Pensions Administration Software Primarily in Support of the Local Government Pension Scheme (NCCT41608)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-033e06
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033001-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,555,164 £1M-£10M

Notice Dates

Publication Date
10 Apr 20265 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Isle of Wight Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWPORT
Postcode
PO30 1UD
Postcode Area
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
TLJ34 Isle of Wight

Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

Heywood

Further Information

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...