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FARO Application Development and Maintenance

LONDON LGPS CIV LIMITED

This public procurement record has 2 releases in its history.

Award

22 Jun 2026 at 09:16

UK6 - Contract Award Notice
Tender

21 Apr 2026 at 16:13

UK4 - Tender Notice
Summary of the contracting process

The procurement process for the FARO Application Development and Maintenance contract was conducted by London LGPS CIV Limited, a public authority operating within sub-central government, located in London, UK. The contract, which falls under the categories of pension fund consultancy services and software programming and consultancy services, reached the award stage on 22nd June 2026. The competitive flexible procedure used a selective procurement method, involving two final stage bids, both from SMEs. The awarded contract to Mirador Solutions Consultancy Ltd is set within the service industry category and has a total value of £720,000. The contract's timeframe begins on 9th July 2026 and may extend up to 13th July 2029 due to potential platform lifecycle adjustments.

This tender presents notable opportunities for growth, particularly for SMEs with expertise in software development and maintenance within the pension fund and investment management sectors. Businesses that have a strong track record in handling platforms similar to FARO and are adept with Microsoft Fabric environments are well-suited to compete. Given the focus on experience with LGPS sectors and investment management firms, companies with such backgrounds can leverage their sector-specific knowledge to offer compelling value propositions. The contract's potential for renewal also indicates extended business opportunities beyond the initial scope, depending on the evolving requirements of the platform.

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Notice Information

Notice Title

FARO Application Development and Maintenance

Notice Description

The Authority operates FARO (Fund Analysis, Reporting and Order Management), an internally-developed platform used to receive Custodian data via sFTP, process it within a Microsoft Fabric environment, and present analysis and reporting tools built largely upon Microsoft Excel and Microsoft Forms. The Authority requires a Supplier to take on the ongoing development and maintenance of the platform to ensure system availability, data integrity, and to undertake the development of additional capabilities as required.

Lot Information

Lot 1

Renewal: The lifetime of FARO is currently unknown, due to changing business requirements it will likely be replaced by a COTS platform at some point.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0687cb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/058323-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66523000 - Pension fund consultancy services

72200000 - Software programming and consultancy services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£600,000 £500K-£1M
Awards Value
£720,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jun 20262 months ago
Submission Deadline
1 May 2026Expired
Future Notice Date
Not specified
Award Date
22 Jun 20262 months ago
Contract Period
9 Jul 2026 - 13 Jul 2026 30 days
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
LONDON LGPS CIV LIMITED
Additional Buyers

London LGPS CIV 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
LONDON
Postcode
SE1 0NZ
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London, TLJ South East (England)
Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

MIRADOR SOLUTIONS CONSULTANCY LTD

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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