{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-055b30-2026-03-10T15:15:28Z", "date": "2026-03-10T15:15:28Z", "ocid": "ocds-h6vhtk-055b30", "initiationType": "tender", "parties": [ { "id": "GB-COH-10795539", "name": "BORDER TO COAST PENSIONS PARTNERSHIP LIMITED", "identifier": { "scheme": "GB-COH", "id": "10795539" }, "address": { "streetAddress": "5th Floor Toronto Square", "locality": "Leeds", "postalCode": "LS1 2HJ", "country": "GB", "countryName": "United Kingdom", "region": "UKE42" }, "contactPoint": { "name": "Border to Coast Procurement Team", "email": "procurement@bordertocoast.org.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.bordertocoast.org.uk/", "classifications": [ { "id": "publicAuthoritySubCentralGovernment", "scheme": "UK_CA_TYPE", "description": "Public authority - sub-central government" } ] }, "additionalIdentifiers": [ { "scheme": "GB-PPON", "id": "PZTH-6472-NGDG" } ] }, { "id": "GB-COH-06410807", "name": "ORTEC FINANCE LIMITED", "identifier": { "scheme": "GB-COH", "id": "06410807" }, "additionalIdentifiers": [ { "scheme": "GB-PPON", "id": "PWGT-3897-HJTG" } ], "address": { "streetAddress": "30 Old Bailey", "locality": "London", "postalCode": "EC4M 7AU", "country": "GB", "countryName": "United Kingdom", "region": "UKI31" }, "contactPoint": { "email": "ben.hudson@ortec-finance.com" }, "roles": [ "supplier" ], "details": { "url": "https://www.ortecfinance.com/", "scale": "sme", "vcse": false, "publicServiceMissionOrganization": false, "shelteredWorkshop": false } } ], "buyer": { "id": "GB-COH-10795539", "name": "BORDER TO COAST PENSIONS PARTNERSHIP LIMITED" }, "planning": { "milestones": [ { "id": "engagement", "type": "engagement", "description": "Border to Coast offers investment propositions across Public and Private asset classes that deliver investment opportunities and management to our Partner Funds. As part of our strategic plan, we intend to expand our range of services for our Partner Funds. A key capability is to enable us to support Partner Funds with their SAA and Portfolio Construction decisions. Therefore, we aim to procure an Asset Liability Management (ALM) model to support the efficient implementation of these new capabilities. The ALM model will support evaluation of scheme investment strategy and risk management, strategic investment planning, asset allocation, and scenario analysis. The core functionalities and modules of the ALM are expected to include Economic Scenario Generator and Capital Market Assumptions, capable of accurate representation of Partner Funds underlying asset classes and investment strategies, stochastic ALM projections and stress testing, and comprehensive reporting modules. The ALM model will utilize the current scheme actuaries' liability data as input.", "dueDate": "2025-08-18T23:59:59+01:00", "status": "scheduled" } ], "documents": [ { "id": "038264-2025", "documentType": "marketEngagementNotice", "noticeType": "UK2", "description": "Preliminary market engagement notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/038264-2025", "datePublished": "2025-07-08T14:20:24+01:00", "format": "text/html" }, { "id": "038276-2025", "documentType": "plannedProcurementNotice", "noticeType": "UK3", "description": "Planned procurement notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/038276-2025", "datePublished": "2025-07-08T14:39:47+01:00", "format": "text/html" } ] }, "tender": { "id": "DN781589", "legalBasis": { "id": "2023/54", "scheme": "UKPGA", "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents" }, "title": "Asset Liability Management Model", "description": "Border to Coast offers investment propositions across Public and Private asset classes that deliver investment opportunities and management to our Partner Funds. As part of our strategic plan, we intend to expand our range of services for our Partner Funds. A key capability is to enable us to support Partner Funds with their SAA and Portfolio Construction decisions. Therefore, we aim to procure an Asset Liability Management (ALM) model to support the efficient implementation of these new capabilities. The ALM model will support evaluation of scheme investment strategy and risk management, strategic investment planning, asset allocation, and scenario analysis. The core functionalities and modules of the ALM are expected to include Economic Scenario Generator and Capital Market Assumptions, capable of accurate representation of Partner Funds underlying asset classes and investment strategies, stochastic ALM projections and stress testing, and comprehensive reporting modules. The ALM model will utilize the current scheme actuaries' liability data as input. The initial contract length will be 3 years with the option of two additional 3 year extensions (9 years in total).", "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "48441000", "description": "Financial analysis software package" } ], "relatedLot": "1" } ], "value": { "amountGross": 4320000, "amount": 3600000, "currency": "GBP" }, "mainProcurementCategory": "goods", "aboveThreshold": true, "lots": [ { "id": "1", "contractPeriod": { "startDate": "2025-12-08T00:00:00+00:00", "endDate": "2031-12-07T23:59:59+00:00", "maxExtentDate": "2034-12-07T23:59:59+00:00" }, "hasRenewal": true, "status": "complete", "renewal": { "description": "The initial contract length will be 6 years with the option of an additional 3 year extension." }, "value": { "amountGross": 4320000, "amount": 3600000, "currency": "GBP" }, "awardCriteria": { "criteria": [ { "type": "quality", "name": "Strategic Alignment and Partnership", "numbers": [ { "number": 5, "weight": "percentageExact" } ] }, { "type": "quality", "name": "ESG", "numbers": [ { "number": 5, "weight": "percentageExact" } ] }, { "type": "quality", "name": "Functional Requirements", "numbers": [ { "number": 70, "weight": "percentageExact" } ] }, { "type": "price", "name": "Bid Price", "numbers": [ { "number": 20, "weight": "percentageExact" } ] } ] } } ], "communication": { "futureNoticeDate": "2025-08-18T23:59:59+01:00" }, "status": "complete", "procurementMethod": "open", "procurementMethodDetails": "Competitive flexible procedure", "procedure": { "isAccelerated": true, "acceleratedRationale": "Qualifying planned procurement notice", "features": "The process will take part in two distinct stages: Stage 1 - Down Selection: This stage will be scored and the highest scoring maximum of 3 Suppliers will be invited to participate in Stage 2. Stage 2 - ITT Stage Assessment and scoring of down selected Supplier bids, Where relevant, down selected Suppliers will be invited to take part in a Workshop at Border to Coast's head office in Leeds w/c 6th October 2025." }, "coveredBy": [ "GPA" ], "submissionMethodDetails": "The tender will be published on Proactis ProContract. Bidders who have not previously submitted an EOI will need to respond to the ProContract Expression of Interest/Advert, published under Opportunity ID DN781589, to be automatically invited to access tender documentation and submit bids. Relevant registration and log in links are below: ProContract Log in - https://procontract.duenorth.com/Login ProContract Registration link - https://procontract.due-north.com/Register If Suppliers identify a technical issue with the ProContract portal, they should contact Border to Coast without delay via procurement@bordertocoast.org.uk. All other clarification questions/communication must be raised via the ProContract portal.", "submissionTerms": { "electronicSubmissionPolicy": "allowed", "languages": [ "en" ] }, "expressionOfInterestDeadline": "2025-09-12T11:00:00Z", "enquiryPeriod": { "endDate": "2025-09-08T23:00:00Z" }, "awardPeriod": { "endDate": "2025-10-24T23:59:59+01:00" }, "documents": [ { "id": "conflictOfInterest", "documentType": "conflictOfInterest", "description": "Not published" }, { "id": "052503-2025", "documentType": "tenderNotice", "noticeType": "UK4", "description": "Tender notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/052503-2025", "datePublished": "2025-08-29T14:45:06+01:00", "format": "text/html" } ] }, "language": "en", "bids": { "statistics": [ { "id": "1", "measure": "bids", "value": 5, "relatedLot": "1" }, { "id": "2", "measure": "finalStageBids", "value": 3, "relatedLot": "1" }, { "id": "3", "measure": "smeFinalStageBids", "value": 0, "relatedLot": "1" }, { "id": "4", "measure": "vcseFinalStageBids", "value": 0, "relatedLot": "1" } ] }, "awards": [ { "id": "1", "title": "Asset Liability Management Model", "status": "active", "date": "2025-10-24T00:00:00+01:00", "value": { "amountGross": 4320000, "amount": 3600000, "currency": "GBP" }, "mainProcurementCategory": "goods", "aboveThreshold": true, "suppliers": [ { "id": "GB-COH-06410807", "name": "ORTEC FINANCE LIMITED" } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "48441000", "description": "Financial analysis software package" } ], "deliveryAddresses": [ { "region": "UK", "country": "GB", "countryName": "United Kingdom" }, { "region": "UK", "country": "GB", "countryName": "United Kingdom" } ], "relatedLot": "1" } ], "standstillPeriod": { "endDate": "2025-11-12T23:59:59+00:00" }, "contractPeriod": { "startDate": "2025-12-08T00:00:00Z", "endDate": "2031-12-07T23:59:59Z", "maxExtentDate": "2034-12-07T23:59:59Z" }, "hasRenewal": true, "renewal": { "description": "The initial contract length will be 6 years with the option of an additional 3 year extension." }, "relatedLots": [ "1" ], "documents": [ { "id": "070578-2025", "documentType": "awardNotice", "noticeType": "UK6", "description": "Contract award notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/070578-2025", "datePublished": "2025-11-03T16:08:22Z", "format": "text/html" } ], "assessmentSummariesDateSent": "2025-10-31T00:00:00Z", "milestones": [ { "id": "1", "type": "futureSignatureDate", "dueDate": "2025-12-07T23:59:59Z", "status": "scheduled" } ] } ], "contracts": [ { "id": "1", "awardID": "1", "title": "Asset Liability Management Model", "status": "active", "period": { "startDate": "2026-03-11T00:00:00Z", "endDate": "2029-03-10T23:59:59Z", "maxExtentDate": "2035-03-10T23:59:59Z" }, "hasRenewal": true, "renewal": { "description": "The initial contract length will be 3 years with the option of two additional 3 year extensions (9 years in total)." }, "value": { "amountGross": 4320000, "amount": 3600000, "currency": "GBP" }, "aboveThreshold": true, "dateSigned": "2026-03-10T00:00:00Z", "noAgreedMetricsRationale": "Contract is below PS5million in value", "documents": [ { "id": "021415-2026", "documentType": "contractNotice", "noticeType": "UK7", "description": "Contract details notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/021415-2026", "datePublished": "2026-03-10T15:15:28Z", "format": "text/html" } ] } ] }