---
title: "Long Term Risk Model (LTRM) 2"
ocid: "ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PENSION PROTECTION FUND"
published: "2020-03-24"
---

# Long Term Risk Model (LTRM) 2

Buyer: PENSION PROTECTION FUND  
Current stage: Award  
OCID: ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7.json)

## Summary

The Pension Protection Fund has recently completed a procurement process for a contract titled "Long Term Risk Model (LTRM) 2," aimed at enhancing the IT services related to risk management. This contract, worth £1,355,008, falls under the industry category of IT services, specifically focusing on consulting, software development, and support. The procurement method used was a selective procedure involving competitive negotiations. The contract period commenced on 25th November 2019 and is set to last until 24th November 2029, while the tender was officially awarded on 25th November 2019, with the announcement being published on 24th March 2020.

This procurement presents significant opportunities for businesses specialising in IT services, particularly those with expertise in programming, systems analysis, and custom software development. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to consider competing for future opportunities in similar projects. The focus on a long-term risk model further suggests a preference for innovative solutions that can adapt and evolve within the context of pension risk management.

## Notice

The contract for the provision of a revamped Long Term Risk Model (LTRM 2) for the Pension Protection Fund (PPF)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/82335b35-334e-4fab-8d29-6d2389028465 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Mar 2020 |
| Submission deadline | 2 Sep 2019 |
| Future notice date | Not specified |
| Award date | 25 Nov 2019 |
| Contract period | 25 Nov 2019 - 24 Nov 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,355,008 |
| Lots value | Not specified |
| Awards value | £1,355,008 |
| 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 | PENSION PROTECTION FUND |
| Locality | CROYDON |
| Post town | Croydon |
| Postcode | CR0 2NA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI62 Croydon |
| Local authority | Croydon |
| Electoral ward | Fairfield |
| Westminster constituency | Croydon West |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RPC CONSULTING |

## CPV Codes

### Divisions

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

### Codes

- 72000000 - IT services: consulting, software development, Internet and support
- 72210000 - Programming services of packaged software products
- 72211000 - Programming services of systems and user software
- 72230000 - Custom software development services
- 72240000 - Systems analysis and programming services

## Release History

- 24 Mar 2020 at 09:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/82335b35-334e-4fab-8d29-6d2389028465

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/82335b35-334e-4fab-8d29-6d2389028465
  24th March 2020 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.ppf.co.uk

## 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-c1877d66-24ab-4ff5-86c9-870cd191eec7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c1877d66-24ab-4ff5-86c9-870cd191eec7.json.