---
title: "Asset Class Modelling & Allocation Services"
ocid: "ocds-h6vhtk-04fa80"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04fa80"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04fa80.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04fa80.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON LGPS CIV LIMITED"
published: "2025-08-01"
---

# Asset Class Modelling & Allocation Services

Buyer: LONDON LGPS CIV LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-04fa80

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04fa80.json)

## Summary

The public procurement process led by LONDON LGPS CIV LIMITED, headquartered on the 4th Floor, 22 Lavington Street, London, centred around the procurement of "Asset Class Modelling & Allocation Services". This contract focuses on services that will assist in delivering asset class modelling and allocation strategies across public and private market strategies for the London Local Authority LGPS. The procurement falls under the services industry, more specifically under financial market operational services (CPV Code: 66151000). The open procurement method adopted was a competitive flexible procedure, with the award granted to Mercer Limited. The procurement has progressed into the award stage as of 1 August 2025, with the contract period commencing on 1 September 2025 and extending till 31 August 2028, incorporating the possibility of renewal based on performance and continued necessity of services.

This contract presents significant opportunities for businesses with expertise in financial data modelling and risk analysis, particularly those capable of supporting comprehensive market strategies. While the award has gone to a large-scale supplier, smaller enterprises specialising in financial services, analytics, or scenario-based risk modelling could have potentially bid for related opportunities if they had the capability to offer competitive, innovative solutions. The procurement’s focus on both public and private market strategies implies that businesses with a robust track record in providing financial modelling services to institutional clients, especially within local government or similar sectors, would find this kind of tender particularly appealing and aligned with their strategic growth objectives. Successful bidders would need to demonstrate an ability to scale services and incorporate responsible investment practices, suggesting an open field for businesses adept in these competencies to position themselves for future contracts.

## Notice

LCIV wishes to procure data sets and modelling, scenario and risk analysis tools and related services which will be used to support the delivery of asset class modelling and allocation services to our Partner Funds, including advising on the appropriate risk profile for Partner Funds to take into account their strategic objectives and risk appetites. The data, tools and services must cover the full range of public and private market strategies used by the London Local Authority LGPS. LCIV is inviting suppliers to bid their respective solutions, including proof-of-concept presentations which will enable bidders to demonstrate (and LCIV to evaluate) detailed functional capabilities of the proposed solutions, and the method of delivery of these solutions to the authority. We anticipate that the appointed supplier will enter into a single agreement with LCIV for the provision of data and services and that such data and services will be allowed to be passed onto shared with our Partner Funds where they have a contractual agreement with LCIV for such services.

### Lot Information

Lot 1

Renewal: Subject to satisfactory performance and ability to accommodate any service changed arising during the contract period, they initial contract period may be extended.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/045170-2025 |
| Notice type | UK6 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Competitive flexible procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Aug 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 29 Jul 2025 |
| Contract period | 31 Aug 2025 - 31 Aug 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,700,000 |
| Lots value | £2,700,000 |
| Awards value | £750,000 |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON LGPS CIV LIMITED |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 0NZ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | Borough & Bankside |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MERCER |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66151000 - Financial market operational services

## Release History

- 1 Aug 2025 at 11:05 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/045170-2025
- 8 Apr 2025 at 13:32 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/013702-2025
- 31 Mar 2025 at 10:12 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/011951-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/045170-2025
  1st August 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/013702-2025
  8th April 2025 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/011951-2025
  31st March 2025 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-384
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-385
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-386
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-539
  Draft contract award form
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-540
  Mid-tier contract terms

## Notice URLs

- http://www.londonciv.org.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents
- https://www.mercer.com/

## 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-h6vhtk-04fa80. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04fa80.json.