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Private Markets Risk Modelling

LGPS CENTRAL LIMITED

This public procurement record has 1 release in its history.

Planning

21 Oct 2026 at 10:05

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

LGPS Central Limited, a UK local government pension scheme asset pool, is exploring private-markets risk analytics services to strengthen its existing investment risk oversight. The potential service covers exposure and concentration monitoring, scenario analysis and stress testing, liquidity and cashflow forecasting, and risk modelling; providers may also describe other relevant capabilities and methodologies. The buyer wants to understand which asset classes solutions cover, their reporting outputs and potential for tailored reports, and how they could integrate with or complement existing portfolio-management and data platforms. It is also interested in typical clients and use cases, including practical examples of use by asset managers and institutional investors. The work is intended for the buyer’s private-markets investment oversight in the United Kingdom.

This is an early market engagement at the planning stage, not a tender or supplier-selection exercise. LGPS Central intends to use responses to understand available solutions and delivery approaches, then refine its requirements before deciding whether to proceed to a formal procurement. The buyer planned to receive initial questionnaire responses by 6 November 2026; it may invite selected respondents to further discussions or demonstrations, but participation gives no advantage in a later procurement and non-participation will not disadvantage suppliers. The planned contract period is 1 October 2027 to 30 September 2029, with a possible extension to 30 September 2032. The procurement is shown as one lot. No procedure, evaluation criteria or contract value is set out at this planning stage.

This engagement is most relevant to providers of private-markets risk analytics, investment-risk modelling and pension or institutional-investment technology and services. Suppliers are well placed to contribute if they can demonstrate capabilities in monitoring exposures and concentrations, scenario analysis, stress testing, liquidity and cashflow forecasting, or broader risk modelling. The buyer is seeking practical evidence of which asset classes a solution supports, how asset managers and institutional investors use it, and the kinds of risk reports it can produce, including tailored reporting. Providers with experience connecting analytics to portfolio-management and data platforms can explain how their products would fit alongside existing systems. This is a chance to inform the buyer’s understanding of market capabilities and shape its requirements; it is not a bid for a contract or a route to preferred status in any later competition.

How relevant is this notice?

Notice Information

Notice Title

Private Markets Risk Modelling

Notice Description

LGPS Central Limited is one of the UK's Local Government Pension Scheme asset pools. Founded in 2017, LGPS Central brings local authority pension funds together to invest collectively, combining scale, expertise and strong governance to help deliver long-term value for scheme members, employers and stakeholders. This market engagement exercise is intended to explore the range of private markets risk analytics solutions available, assess how these services could meaningfully and practically enhance LGPSC's existing risk oversight framework, and help refine our requirements should we subsequently proceed to a formal procurement. We are inviting providers to describe their capabilities across private markets risk analytics. Areas of particular interest include but are not limited to exposure and concentration monitoring, scenario analysis and stress testing, liquidity and cashflow forecasting, and risk modelling. We also welcome information on other capabilities, methodologies or approaches that providers consider relevant to effective private markets risk oversight. Through this engagement, we would like to understand: * The asset classes currently covered, together with any planned enhancements or future developments. * Typical client profiles and use cases, including practical examples of how asset managers and institutional investors use the solution to support private markets risk oversight. * The nature of the outputs available, including reporting capabilities and the scope for developing tailored reports. * How the solution could integrate with and complement existing portfolio management and data platforms. * Any additional capabilities or approaches that providers believe could enhance private markets risk oversight. This is a fact-finding exercise intended to help the Authority better understand the market, available solutions and delivery approaches, and to inform and refine its requirements. This exercise does not form part of any supplier selection, evaluation or procurement process

Planning Information

The process for this early market engagement exercise is as follows: 1. Interested suppliers register at https://in-tendhost.co.uk/lgpscentral/ and download the early market engagement documentation associated with this requirement. 2. Download, complete and submit this Early Market Engagement Questionnaire through In-Tend, by the deadline of 6th Novemeber 2026 – 12:00:00 (Noon). Please note this is the date for submission of initial questionnaires. Further discussions may be required after this date as detailed in the early market engagement questionnaire. 3. The Authority will review questionnaire submissions and may invite one or more suppliers to participate in follow-up market engagement activities, including solution demonstrations and discussions regarding the draft business requirements. Any such discussions will be undertaken solely to help the Authority better understand the range of solutions available within the market and to refine its requirements. Depending on the volume and nature of responses received, the Authority reserves the right to limit the number of suppliers invited to participate in further engagement activities. 4. Following conclusion of this engagement phase, the Authority will review and refine its business requirements. Please note: This early market engagement exercise is being conducted solely for information gathering and market research purposes and does not form part of any supplier selection or procurement process. Participation in this exercise, submission of a questionnaire response, or invitation to participate in any follow-up engagement activity will not confer any advantage in a future procurement process. Equally, suppliers that choose not to participate, do not submit a response, or are not invited to any follow-up engagement activities will not be disadvantaged should the Authority subsequently undertake a procurement. The Authority will conduct this engagement in a fair and transparent manner and will ensure that no supplier gains an unfair advantage in any subsequent procurement conducted under the Procurement Act 2023.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078c74
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/099296-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

CPV Codes

48411000 - Investment management software package

66131100 - Pension investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Oct 20266 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2027 - 1 Oct 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

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
Postcode Area
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

Notice Documents

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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