---
title: "Award of Real Estate Software"
ocid: "ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON"
published: "2026-01-12"
---

# Award of Real Estate Software

Buyer: THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON  
Current stage: Award  
OCID: ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb

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## Summary

The procurement process, managed by The Mayor and Commonalty and Citizens of the City of London, pertains to the awarding of a contract for real estate software known as Argus Cloud. Categorised under industry-specific software packages, this procurement falls within the services industry and is located in London, United Kingdom. The process has progressed to the award stage as of 12 January 2026, with the contract set to commence from 15 January 2026 and conclude on 14 January 2027. Utilising a direct procurement method, specifically a single tender action below threshold, this tender emphasises service continuity for the City's investment property portfolio management. The awarded contract is valued at £80,172.10.

This tender represents a significant business opportunity, especially for firms involved in the development and maintenance of real estate software. Though the current procurement method is direct, businesses specialising in software that supports estate planning and investment decision-making could benefit from positioning themselves for future tenders. Small and medium-sized enterprises (SMEs) are particularly suited to this opportunity, given their inclusion in suitability criteria. As the City of London seeks to reevaluate market options in the future, it may present further prospects for relevant technology providers looking to broaden their clientele in the public sector.

## Notice

Argus Cloud is the Corporation's real estate software used by the Investment Property Group within the City Surveyor's Department to manage the investment property portfolio. The system comprises two core applications: Argus Enterprise, used for valuations and cash flow forecasting, and Argus Developer, used for development appraisals. Argus is a critical system supporting estate planning and investment decision-making. This award is for a further one-year period to maintain service continuity while we prepare to return to the market, either through market engagement or, if no suitable alternatives are identified, a decision to re-award.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8095cf10-da2b-44bf-b576-fa31f62ae0a2 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Jan 2026 |
| Submission deadline | 4 Dec 2025 |
| Future notice date | Not specified |
| Award date | 5 Jan 2026 |
| Contract period | 15 Jan 2026 - 14 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,172 |
| Lots value | Not specified |
| Awards value | £80,172 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2P 2EJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Clerkenwell |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ARGUS SOFTWARE (UK |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48100000 - Industry specific software package

## Release History

- 12 Jan 2026 at 11:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8095cf10-da2b-44bf-b576-fa31f62ae0a2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8095cf10-da2b-44bf-b576-fa31f62ae0a2
  12th January 2026 - Awarded contract notice on Contracts Finder
- http://www.cityoflondon.gov.uk
  City website
- https://cityoflondon.ukp.app.jaggaer.com/esop/toolkit/notice/show.do?noticeId=1438898
  eSourcing Portal

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b0f0b88a-91cd-4d31-8323-af2ef56cc5bb.json.