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Procurement title

City of Bradford Metropolitan District Council

This public procurement record has 5 releases in its history.

Award

07 Jul 2026 at 14:18

UK7 - Contract Details Notice
Award

30 Oct 2025 at 12:51

UK6 - Contract Award Notice
TenderUpdate

22 Aug 2025 at 09:15

UK4 - Tender Notice
TenderUpdate

04 Aug 2025 at 10:07

UK4 - Tender Notice
Tender

29 Jul 2025 at 19:00

UK4 - Tender Notice
Summary of the contracting process

The City of Bradford Metropolitan District Council has completed a procurement process for an Investment Order Management System (OMS) for the West Yorkshire Pension Fund (WYPF). The procurement is part of WYPF’s strategy to transition to a Financial Conduct Authority (FCA)-regulated investment management operating model. This comprehensive solution involves the provision of services such as implementation, integration, hosting, support, and maintenance. Notably, the selected supplier for this procurement is Bloomberg Finance L.P., marking a significant collaboration in the financial services industry. The contract, valued at £290,000 (excluding VAT), commenced on 2nd April 2026 and is set to conclude on 30th November 2028, demonstrating a long-term commitment to enhancing WYPF's trading capabilities.

This tender represents a robust opportunity for growth within the financial and IT services industries. Companies that specialise in financial software systems or are capable of providing high-calibre trade management solutions would find this contract exemplary for expansion. In particular, businesses that can offer integration with existing investment management systems, secure user access, and compliance with regulatory requirements are well-suited for such projects. As this procurement was carried out using a competitive flexible procedure, entities prepared to engage in a selective and competitive bidding process would stand to benefit from similar future collaborations with public sector councils.

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Notice Information

Notice Title

Procurement title

Notice Description

The West Yorkshire Pension Fund (WYPF) is procuring an Investment Order Management System (OMS) and associated implementation, integration, hosting, support and maintenance services. The solution is required to support WYPF's transition to an FCA-regulated investment management operating model and must provide end-to-end order management, trade execution, pre-trade and post-trade compliance monitoring, audit functionality, post-trade operations, reconciliation and reporting capabilities. The system must support global and UK trading activities, provide integration with custodians and existing investment systems, enable secure role-based user access controls and support ongoing compliance with UK and global regulatory requirements. The contract includes software licensing, implementation services, training, ongoing support and technology integration services. The contract term is five years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05687b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/063679-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
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

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

CPV Codes

48000000 - Software package and information systems

48411000 - Investment management software package

48442000 - Financial systems software package

66000000 - Financial and insurance services

72000000 - IT services: consulting, software development, Internet and support

72211000 - Programming services of systems and user software

Notice Value(s)

Tender Value
£540,000 £500K-£1M
Lots Value
£540,000 £500K-£1M
Awards Value
£290,000 £100K-£500K
Contracts Value
£290,000 £100K-£500K

Notice Dates

Publication Date
7 Jul 20261 months ago
Submission Deadline
26 Aug 2025Expired
Future Notice Date
Not specified
Award Date
29 Oct 202510 months ago
Contract Period
2 Apr 2026 - 30 Nov 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
City of Bradford Metropolitan District 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
BRADFORD
Postcode
BD1 1HX
Postcode Area
Bradford
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE41 Bradford
Delivery Location
Not specified
Local Authority
Bradford
Electoral Ward
City
Westminster Constituency
Bradford West

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOMBERG FINANCE L.P.

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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