{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-05a573-2026-03-24T11:04:38Z", "date": "2026-03-24T11:04:38Z", "ocid": "ocds-h6vhtk-05a573", "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" } ] } }, { "id": "GB-COH-03743494", "name": "MOODY'S ANALYTICS UK LIMITED", "identifier": { "scheme": "GB-COH", "id": "03743494" }, "additionalIdentifiers": [ { "scheme": "GB-PPON", "id": "PQPV-1452-WMHR" } ], "address": { "streetAddress": "One Canada Square", "locality": "London", "postalCode": "E14 5FA", "country": "GB", "countryName": "United Kingdom", "region": "UKI42" }, "contactPoint": { "email": "clientservices@moodys.com" }, "roles": [ "supplier" ], "details": { "url": "http://www.moodys.com", "scale": "large", "vcse": false, "publicServiceMissionOrganization": false, "shelteredWorkshop": false } } ], "buyer": { "id": "GB-COH-10425159", "name": "LGPS CENTRAL LIMITED" }, "planning": { "milestones": [ { "id": "engagement", "type": "engagement", "description": "This process is intended to allow the Authority to engage with interested suppliers who are able to deliver our requirements as detailed in the draft business requirements document. This engagement is proposed to assist the Authority in understanding the market and refining our business requirements by using feedback provided during this process. The process for this early market engagement exercise is as follows: 1. Interested suppliers must register at https://in-tendhost.co.uk/lgpscentral/ and download the early market engagement documentation associated with this requirement. 2. Download, fully complete and submit the Early Market Engagement Questionnaire through In-Tend, by the deadline of 10th October 2025 - 12:00:00 (Noon). 3. The Authority will review questionnaire submissions and reserve the right to invite suppliers to provide a demonstration of their solution and provide further feedback on our business requirements. Dependent on interest, the Authority reserves the right to limit the number of suppliers invited to demonstrate their solution. 4. Following conclusion of engagement meetings, the Authority will refine the business requirements prior to undertaking a procurement for this requirement under the Competitive Flexible Procedure (Procurement Act 2023).", "dueDate": "2025-10-10T23:59:59+01:00", "status": "scheduled" } ], "documents": [ { "id": "061127-2025", "documentType": "marketEngagementNotice", "noticeType": "UK2", "description": "Preliminary market engagement notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/061127-2025", "datePublished": "2025-10-01T09:15:46+01:00", "format": "text/html" } ] }, "tender": { "id": "LGPSC0038", "legalBasis": { "id": "2023/54", "scheme": "UKPGA", "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents" }, "title": "Investment Strategy Modelling", "description": "Following the outcome of the government's 'Fit for Future' consultation, LGPS Partner Funds are required to take their primary advice on strategic asset allocation from their chosen asset pool (LGPS Central Limited being one of those asset pools). Partner Funds' pension liabilities under membership of the LGPS are defined benefit in nature. By this, we mean that pension promises are made to members, and Partner Funds set aside large pools of assets held collectively, and in order to meet those pension promises. Strategic asset allocation decisions therefore require some consideration of those liabilities, including the impact on contributions requirements (to cover both ongoing accrual of benefits and any asset shortfall which may have arisen), as well as the likely investment returns (and uncertainty thereof) from the assets held. A robust, good quality investment strategy modelling capability is therefore required to support the delivery of tailored strategic advice to Partner Funds. This requirement stems from the complexity of investment strategy decisions, the need for regulated and evidence-based advice, and the expectation of future-proofing capabilities such as scenario modelling and whole-of-fund management.", "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "79412000", "description": "Financial management consultancy services" } ], "relatedLot": "1", "deliveryAddresses": [ { "region": "UKG39", "country": "GB", "countryName": "United Kingdom" } ] } ], "value": { "amountGross": 4320000, "amount": 3150000, "currency": "GBP" }, "mainProcurementCategory": "services", "aboveThreshold": true, "lots": [ { "id": "1", "contractPeriod": { "startDate": "2026-04-01T00:00:00+01:00", "endDate": "2029-03-31T23:59:59+01:00", "maxExtentDate": "2035-03-31T23:59:59+01:00" }, "hasRenewal": true, "status": "complete", "value": { "amountGross": 4320000, "currency": "GBP" }, "awardCriteria": { "criteria": [ { "type": "quality", "name": "Investment Economic Scenario Generation engine", "numbers": [ { "number": 10, "weight": "percentageExact" } ] }, { "type": "quality", "name": "Suitability of modelling methodology", "numbers": [ { "number": 10, "weight": "percentageExact" } ] }, { "type": "quality", "name": "Model output appropriateness", "numbers": [ { "number": 10, "weight": "percentageExact" } ] }, { "type": "quality", "name": "Treatment of liabilities and calibration process", "numbers": [ { "number": 15, "weight": "percentageExact" } ] }, { "type": "quality", "name": "Initial calibration support and suitability of plans to ensure eventual self-sufficiency", "numbers": [ { "number": 15, "weight": "percentageExact" } ] }, { "type": "quality", "name": "Presentation", "numbers": [ { "number": 10, "weight": "percentageExact" } ] }, { "type": "price", "name": "Price", "numbers": [ { "number": 30, "weight": "percentageExact" } ] } ] }, "selectionCriteria": { "criteria": [ { "type": "economic", "description": "See ITT for further details." }, { "type": "technical", "description": "See ITT for further details." } ] }, "renewal": { "description": "Two further 3 -year contract extensions will be available, making the maximum available contract period 9 years. Any contract extensions will be executed at the discretion of the Authority depending on future requirements." } } ], "communication": { "futureNoticeDate": "2025-11-20T23:59:59Z" }, "status": "complete", "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 document for more information." }, "submissionMethodDetails": "https://in-tendhost.co.uk/lgpscentral/ Please see ITT for further information.", "submissionTerms": { "electronicSubmissionPolicy": "allowed", "languages": [ "en" ] }, "tenderPeriod": { "endDate": "2026-01-16T12:00:00Z" }, "awardPeriod": { "endDate": "2026-03-01T23:59:59Z" }, "documents": [ { "id": "conflictOfInterest", "documentType": "conflictOfInterest", "description": "Not published" }, { "id": "L-1", "documentType": "biddingDocuments", "description": "Please find the tender documentation for this procurement at https://in-tendhost.co.uk/lgpscentral/", "url": "https://in-tendhost.co.uk/lgpscentral/" }, { "id": "082299-2025", "documentType": "tenderNotice", "noticeType": "UK4", "description": "Tender notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/082299-2025", "datePublished": "2025-12-12T09:42:08Z", "format": "text/html" } ], "riskDetails": "Please see ITT for more information." }, "language": "en", "bids": { "statistics": [ { "id": "1", "measure": "bids", "value": 8, "relatedLot": "1" }, { "id": "2", "measure": "finalStageBids", "value": 8, "relatedLot": "1" }, { "id": "3", "measure": "smeFinalStageBids", "value": 1, "relatedLot": "1" }, { "id": "4", "measure": "vcseFinalStageBids", "value": 0, "relatedLot": "1" } ] }, "awards": [ { "id": "1", "status": "pending", "date": "2026-03-24T00:00:00Z", "value": { "amountGross": 2616000, "currency": "GBP" }, "mainProcurementCategory": "services", "aboveThreshold": true, "suppliers": [ { "id": "GB-COH-03743494", "name": "MOODY'S ANALYTICS UK LIMITED" } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "79412000", "description": "Financial management consultancy services" } ], "deliveryAddresses": [ { "region": "UKG39", "country": "GB", "countryName": "United Kingdom" } ], "relatedLot": "1" } ], "standstillPeriod": { "endDate": "2026-04-02T23:59:59+01:00" }, "contractPeriod": { "startDate": "2026-05-01T00:00:00+01:00", "endDate": "2029-04-30T23:59:59+01:00", "maxExtentDate": "2035-04-30T23:59:59+01:00" }, "hasRenewal": true, "renewal": { "description": "2 x three year extensions are available at the Authorities discretion." }, "relatedLots": [ "1" ], "documents": [ { "id": "026679-2026", "documentType": "awardNotice", "noticeType": "UK6", "description": "Contract award notice on Find a Tender", "url": "https://www.find-tender.service.gov.uk/Notice/026679-2026", "datePublished": "2026-03-24T11:04:38Z", "format": "text/html" } ], "assessmentSummariesDateSent": "2026-03-24T00:00:00Z", "milestones": [ { "id": "1", "type": "futureSignatureDate", "dueDate": "2026-05-01T23:59:59+01:00", "status": "scheduled" } ] } ] }