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Investment Management Solution & related professional services for the National Wealth Fund Limited

National Wealth Fund Limited

This public procurement record has 5 releases in its history.

Award

07 Aug 2026 at 12:34

UK6 - Contract Award Notice
TenderUpdate

27 Jan 2026 at 15:33

UK4 - Tender Notice
Tender

14 Jan 2026 at 17:18

UK4 - Tender Notice
PlanningUpdate

23 Dec 2025 at 08:29

UK2 - Preliminary Market Engagement Notice
Planning

24 Oct 2025 at 13:43

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

National Wealth Fund Limited is procuring an investment management solution and related professional services for its investment and loan portfolio across the United Kingdom. The service covers the post-go-live financial and operational lifecycle of deals: deal booking and set-up, IFRS-compliant accounting outputs, cash-flow calculation, investment closure, risk management, implementation, licences, integration with NWF systems, migration of existing deals and loanbook, and ongoing professional services. The solution must support debt products such as loans, revolving credit, bridge finance, bonds and portfolio loans; guarantees including financial, performance and credit enhancement guarantees; and equity products including shares, fund investments and convertible loan notes. It must support daily workflows for Financial Risk Management, Finance Operations, Financial Control, Portfolio Management and Treasury teams.

The procurement has reached the award stage. One lot was completed through an open competitive flexible procedure, with multiple tendering rounds, negotiation and dialogue. Five valid bids were received, and PORTF.IO LIMITED was selected as the supplier. The award is recorded as pending, with an award date of 23 July 2026 and a standstill period ending on 18 August 2026. The awarded value is £13,000,000 excluding VAT (£15,600,000 including VAT). The contract period is 24 August 2026 to 31 May 2032, with options for a further five years, potentially extending to 31 May 2037. Evaluation weighted technical quality at 75% and commercial price and terms at 25%; social value formed 10% of the technical weighting. The lot was identified as suitable for SMEs.

This award demonstrates demand from a central-government investment organisation for specialist investment-management technology and implementation expertise. Suppliers competing when this requirement next reaches the market would need a mature platform covering complex debt, guarantee and equity instruments, with reliable deal booking, cash-flow calculation, risk management, closure and IFRS reporting. Credible providers would also need strong implementation and migration capability, including transferring an existing deals and loanbook portfolio, integrating with internal systems and supporting users across risk, finance, control, portfolio-management and treasury functions. The evaluation shows that technical delivery, implementation, migration, change management, non-functional requirements, social value and commercial terms all matter. The opportunity is suitable for SMEs, but requires the capacity to deliver an enterprise solution and associated professional services.

How relevant is this notice?

Notice Information

Notice Title

Investment Management Solution & related professional services for the National Wealth Fund Limited

Notice Description

The National Wealth Fund intend to award one contract for the provision of an investment management solution and related professional services, comprising the services described below. The contract includes an investment management solution covering all of following elements relating to the financial and operational lifecycle of a deal post go-live: * Investment set up (booking a deal) * Output for the purposes of accounting in-line with International Financial Reporting Standards (IFRS). * Investment management of a deal (calculation of cashflow) * Investment closure (ending a deal) * Risk management of a deal * Licences and implementation services related to the above * Integration support to NWF solutions * Migration of NWF deals/loanbook * Professional services related to the above The solution and services are capable of: * facilitating all product sets, including but not limited to:- * Debt (bullet repayment loan, amortising loan, revolving credit facility, bridge finance, bonds and portfolio loans such as warehousing), * Guarantee (financial guarantee, performance, inflation linked, credit enhancement & first loss) and * Equity (ordinary shares, preference shares, fund investments, convertible loan notes, PIK shares). * supporting users in daily workflows across our Financial Risk Management, Finance Operations, Financial Control, Portfolio Management and Treasury teams to enable NWF to manage and monitor its investment in an efficient and transparent manner. The contract is for an initial 5 year period, commencing on the date the services go live with optional extension options for a further 2+2+1 (total of 5) years (i.e., total contract term of 10 years). The total contract value, including the extension options, is PS15,600,000 including VAT.

Lot Information

Lot 1

Options: Possible extension for further 5 years up to 13 August 2037. This provides up to 10 Years in total from the point the solution goes live.

Renewal: Contract award date is estimated and is subject to change through the procurement process. Contracting period will be for a period of up to 10 years from when the solution goes live. The initial contract term will be 5 years from the date the solution is live with extension options to be exercised by NWF for a further 5 years.

Planning Information

1) NWF intends to conduct Early Market Engagement ("EME") with the market through this notice with a view to sharing information and seeking input from the market to inform and shape our procurement plans and approach in November 2025. 2) NWF will provide Suppliers with an opportunity to feedback on a number of documents it intends to release as part of its tender and the proposed tender process and timelines. 3) These documents will be accessed via the live opportunities list on NWF's Atamis eSourcing Portal in accordance with the instructions below in step 6 and completed feedback must be submitted via the eSourcing Portal (Atamis). We expect the documentation to be available from the week commencing the 10th November 2025. 4) Respondents can indicate whether they are open to a follow up meeting (s) to discuss any of the feedback they provide. Please note that due to time and resource constraints, it may not be possible for NWF to meet with all interested suppliers. In the event that the level of supplier interest in our market engagement activities exceeds our capacity to accommodate individual meetings, we reserve the right to schedule meetings on a first come, first served basis or with a representative sample of those who have submitted requests. NWF takes the view that this will constitute a fair mechanism to ensure that a range of suppliers within the market are represented (e.g., by similar solutions or responses). To ensure transparency and equal treatment, all relevant information shared by NWF with suppliers during these meetings will also be made available to the wider market at a later date. Please note that participation in this engagement will not confer any advantage or preference in relation to any future procurement process Further information will be able to be found in the documents in Atamis. Please be advised that the estimated value of this requirement or timelines cannot be derived until the completion of the Early Market Engagement activities. 5) Interested organisations should note that the procurement strategy and timetable have not been finalised at this stage. NWF will collate and analyse the responses received to decide on its final requirements and tender documents. Responses may be used to develop and scope the procurement strategy and process. NWF will make a final decision on the procurement strategy, timetable, and content of the procurement documentation, having considered feedback, although NWF it not obliged to incorporate any of the feedback received into the ultimate process/documentation. This market engagement exercise does not constitute a commitment to undertake any procurement activity. NWF expects to award one contract for the services but reserves the right to divide the scope into lots / service areas for bidding purposes and/or carve out some elements of the service scope and procure these separately or to pursue in-house solutions. 6) To access, please register on Atamis, available on the following link: https://atamis-3929.my.site.com/s/Welcome and send an email to Procurement@nationalwealthfund.org.uk to be included and once the early market engagement activity begins, we will add you to the event to view the documentation. This will then be visible on the 'View our Live Opportunities' from the home page on Atamis, If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response. We expect the documentation to be available from the week commencing the 10th November 2025.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05d370
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/075273-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

98 - Other community, social and personal services

CPV Codes

48517000 - IT software package

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

72212517 - IT software development services

72260000 - Software-related services

72263000 - Software implementation services

72312000 - Data entry services

98110000 - Services furnished by business, professional and specialist organisations

Notice Value(s)

Tender Value
£15,500,000 £10M-£100M
Lots Value
£15,500,000 £10M-£100M
Awards Value
£13,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Aug 20262 weeks ago
Submission Deadline
13 Feb 2026Expired
Future Notice Date
6 Jan 2026Expired
Award Date
23 Jul 20261 months ago
Contract Period
24 Aug 2026 - 31 May 2032 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
National Wealth Fund 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 4HR
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
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

PORTF.IO LIMITED

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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