This public procurement record has 5 releases in its history.

Award

12 Mar 2026 at 15:39

Award

22 Sep 2025 at 11:19

Tender

25 Jun 2025 at 15:14

Planning

06 May 2025 at 16:23

Planning

06 May 2025 at 15:46

Summary of the contracting process

The Border to Coast Pensions Partnership Limited successfully concluded the procurement process for the Enterprise Investment and Data Platform on 12 March 2026. Border to Coast, a sub-central government public authority located in Leeds, aims to enhance investment management for its Partner Funds across public listed, private markets, and real estate asset classes. The procurement involved an open competitive flexible procedure with a focus on creating a unified data platform capable of interoperating with several third-party service providers. The award for this contract, valued at £31.2 million, was granted to BlackRock Financial Management, Inc, commencing on 19 December 2025 and is set to run until 18 December 2030, with the possibility of a five-year extension.

This tender presents substantial growth opportunities for businesses specialising in software package and information systems and financial services. Large-scale companies with expertise in these sectors are encouraged to engage, offering solutions that meet the detailed functional requirements set by Border to Coast. The objective is to deliver an integrated data platform capable of managing cross-asset investments efficiently, thereby enhancing the strategic delivery outcomes. Businesses leveraging cutting-edge technologies and innovative financial solutions could gain from this substantial and long-term development project, advancing their service offerings and industry standing.

How relevant is this notice?

Notice Title

Enterprise Investment and Data Platform

Notice 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. As part of our strategy to become more effective and efficient, whilst being able to offer more value to our Partner Funds, we need to implement a platform that enables management of, and insight into, Partner Fund cross-asset investments. Border to Coast wishes to procure an Enterprise Investments platform that creates a unified and integrated data layer as the foundation that enables the efficient and effective implementation of new investments capabilities. These capabilities will be core to our ongoing delivery of strategic outcomes to our Partner Funds. The platform needs to have interoperability with our administrator and other third parties, such as Partner Fund custodians, to enable the on-going management of Border to Coast's own investment funds (including public market and private market funds). Additionally, the platform needs to enable Border to Coast to manage the 'whole customer fund' and the provision of these new capabilities. For clarity, 'whole customer fund' relates to Partner Fund holdings within their selected investment funds across multiple asset classes, inclusive of any Partner Fund assets not managed directly by Border to Coast

Lot Information

Lot 1

Renewal: The contract will have an initial term of 5 years, and will have the option of one additional 5 year extension.

Planning Information

Initial discussions have taken place since November 2024, with at least 5 suppliers, to understand propositions available within the areas of interest to Border to Coast. This has included offering overviews in the areas of Portfolio Management, Total Portfolio Analysis, Asset Allocation and Investment Data Management.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050d50
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022465-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48000000 - Software package and information systems

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£25,000,000 £10M-£100M
Lots Value
£25,000,000 £10M-£100M
Awards Value
£25,000,000 £10M-£100M
Contracts Value
£26,000,000 £10M-£100M

Notice Dates

Publication Date
12 Mar 20265 months ago
Submission Deadline
11 Jul 2025Expired
Future Notice Date
17 Jun 2025Expired
Award Date
17 Sep 202511 months ago
Contract Period
19 Dec 2025 - 18 Dec 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BORDER TO COAST PENSIONS PARTNERSHIP LIMITED
Additional Buyers

Border to Coast Pensions Partnership Limited

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 2HJ
Postcode Area
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

BlackRock Financial Management, Inc

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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