This public procurement record has 1 release in its history.

Tender

23 Jul 2026 at 09:34

Summary of the contracting process

The procurement process initiated by LGPS CENTRAL LIMITED involves inviting tenders for a "Liquidity Risk Model," which falls under the investment management and financial analysis software industry. Situated in Wolverhampton, UK (region code: UKG39), this process is currently in the tender stage and follows an open procurement method with a competitive flexible procedure. Key dates to note include the tender period closing on 17th August 2026, and the enquiry period ending on 7th August 2026. The procurement is valued at £600,000 and targets services above the threshold as legally required under the UK legislative framework (2023/54).

This tender provides a significant opportunity for businesses specialising in software supply services, particularly those with expertise in financial analytics and risk management platforms. Companies capable of offering robust integration, customisation, analytics, and user-focused solutions will find this opportunity attractive. Given the emphasis on quality in areas like liquidity risk modelling and user experience, there is a chance for growth for firms able to demonstrate excellence in these domains. The competitive flexible procedure, featuring multiple assessment stages, requires adeptness in competitive bidding and a strategic approach, making this opportunity especially suitable for established firms in the financial software sector looking to expand their client base within the public sector.

How relevant is this notice?

Notice Title

Liquidity Risk Model

Notice Description

As an Asset Manager, the Authority requires a platform that enables LGPS Central Limited to support liquidity risk reporting in compliance with regulatory requirements on all funds and mandates, covering both public markets (e.g. equities, fixed income and derivatives) and alternative asset classes.

Lot Information

Lot 1

Renewal: 3 x 12 month extensions are available at the Authorities discretion.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d18e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069528-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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


CPV Codes

48411000 - Investment management software package

48441000 - Financial analysis software package

72268000 - Software supply services

Notice Value(s)

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

Notice Dates

Publication Date
23 Jul 20261 weeks ago
Submission Deadline
17 Aug 20262 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2026 - 30 Sep 2028 2-3 years
Recurrence
2031-01-01

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LGPS CENTRAL 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
WOLVERHAMPTON
Postcode
WV1 1LD
Post Town
Wolverhampton
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
TLG39 Wolverhampton

Local Authority
Wolverhampton
Electoral Ward
St Peters
Westminster Constituency
Wolverhampton West

Further Information

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-06d18e-2026-07-23T10:34:34+01:00",
    "date": "2026-07-23T10:34:34+01:00",
    "ocid": "ocds-h6vhtk-06d18e",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-COH-10425159",
            "name": "LGPS CENTRAL LIMITED",
            "identifier": {
                "scheme": "GB-COH",
                "id": "10425159"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PVZL-3598-XMXZ"
                }
            ],
            "address": {
                "streetAddress": "1st Floor I9",
                "locality": "Wolverhampton",
                "postalCode": "WV1 1LD",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKG39"
            },
            "contactPoint": {
                "email": "procurement@lgpscentral.co.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "publicAuthoritySubCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-COH-10425159",
        "name": "LGPS CENTRAL LIMITED"
    },
    "tender": {
        "id": "LGPSC0040",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Liquidity Risk Model",
        "description": "As an Asset Manager, the Authority requires a platform that enables LGPS Central Limited to support liquidity risk reporting in compliance with regulatory requirements on all funds and mandates, covering both public markets (e.g. equities, fixed income and derivatives) and alternative asset classes.",
        "status": "active",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "48411000",
                        "description": "Investment management software package"
                    },
                    {
                        "scheme": "CPV",
                        "id": "48441000",
                        "description": "Financial analysis software package"
                    },
                    {
                        "scheme": "CPV",
                        "id": "72268000",
                        "description": "Software supply services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKG39",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 600000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Competitive flexible procedure",
        "procedure": {
            "features": "This Competitive Flexible Procedure will comprise of a single response to this invitation to Tender (ITT). Responses to this ITT will be evaluated in four (4) assessment stages, including an interim assessment stage. See ITT documentation for more information."
        },
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "submissionMethodDetails": "In order to participate in this procurement, you will need to be registered on the Authority's e-tendering site at https://in-tendhost.co.uk/lgpscentral/ . Bidders will be able to download tender documentation and submit completed tenders for this requirement at the InTend portal at the above address.",
        "submissionTerms": {
            "electronicSubmissionPolicy": "allowed",
            "languages": [
                "en"
            ]
        },
        "tenderPeriod": {
            "endDate": "2026-08-17T12:00:00+01:00"
        },
        "enquiryPeriod": {
            "endDate": "2026-08-07T12:00:00+01:00"
        },
        "awardPeriod": {
            "endDate": "2026-09-21T23:59:59+01:00"
        },
        "lots": [
            {
                "id": "1",
                "status": "active",
                "value": {
                    "amountGross": 600000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Data Integration and Validation",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Report Production, Customisation and Analytics",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Liquidity Risk Model",
                            "numbers": [
                                {
                                    "number": 20,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "User Experience and Customer Service",
                            "numbers": [
                                {
                                    "number": 5,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Implementation Planning",
                            "numbers": [
                                {
                                    "number": 15,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "price",
                            "name": "Net Price",
                            "numbers": [
                                {
                                    "number": 30,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Platform Demonstration",
                            "description": "Please note, this criteria will only be applicable to bidders who are being assessed at Stage 4: Final Assessment",
                            "numbers": [
                                {
                                    "number": 10,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "contractPeriod": {
                    "startDate": "2026-10-01T00:00:00+01:00",
                    "endDate": "2028-09-30T23:59:59+01:00",
                    "maxExtentDate": "2031-09-30T23:59:59+01:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "3 x 12 month extensions are available at the Authorities discretion."
                }
            }
        ],
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            },
            {
                "id": "069528-2026",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/069528-2026",
                "datePublished": "2026-07-23T10:34:34+01:00",
                "format": "text/html"
            }
        ],
        "hasRecurrence": true,
        "recurrence": {
            "dates": [
                {
                    "startDate": "2031-01-01T23:59:59Z"
                }
            ]
        },
        "riskDetails": "Please see the tender documents for further detail."
    },
    "language": "en"
}