--- title: "Investment Order Management System - Lothian Pension Fund (LPF)" ocid: "ocds-r6ebe6-0000826734" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000826734" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000826734.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000826734.json" source: "Public Contracts Scotland" current_stage: "Tender" buyer: "THE CITY OF EDINBURGH COUNCIL" published: "2026-03-31" --- # Investment Order Management System - Lothian Pension Fund (LPF) Buyer: THE CITY OF EDINBURGH COUNCIL Current stage: Tender OCID: ocds-r6ebe6-0000826734 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000826734) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000826734.json) ## Summary The City of Edinburgh Council is seeking proposals through a competitive dialogue process for the establishment of a new contract concerning an Investment Order Management System for the Lothian Pension Fund (LPF). This procurement, currently at the tender stage, is designed to enhance investment operations and management of assets both under LPF and its subsidiary, LPFI Limited, and must comply with Financial Conduct Authority regulations regarding automation and control. The selective procurement method requires electronic submissions, with key deadlines on 1 May 2026 for tender submissions, and the second stage commencing from 15 May 2026. The contract location covers Edinburgh, focusing on goods within CPV classifications relevant to order management systems. This tender presents lucrative opportunities for businesses specialising in financial technology solutions, particularly those with robust control environments and operational resilience in financial software systems. Ideally, companies with a proven track record in delivering comprehensive Order Management Systems that integrate seamlessly with existing custodial and IBOR functions will find this contract beneficial for substantial business growth. To qualify, businesses must demonstrate financial stability, a minimum turnover, and possess liability insurance coverage, creating a competitive environment for providers who can ensure high-quality and efficient service delivery over the potential 10-year contract span. ## Notice The City of Edinburgh Council (the Council) is administering authority of the Lothian Pension Fund (LPF). Lothian Pension Fund (LPF) is seeking to establish a new contract for an Order Management System (OMS). The OMS is an ongoing requirement to support the investment of the listed assets of Lothian Pension Fund under internal management or under the management of Lothian Pension Fund's subsidiary company, LPFI Limited. This service is regulated by the Financial Conduct Authority and as such an automated Order Management System is required. This procurement process will be competitive dialogue process in line with Public Contracts (Scotland) Regulations 31. ### Lot Information Lot 1 The City of Edinburgh Council (the Council) is the administering authority of Lothian Pension Fund (LPF). LPF requires a new contract for an Order Management System (OMS). The OMS is an ongoing requirement to support the investment of LPF assets under internal management and the client assets under the management of LPF's subsidiary company, LPFI Limited. Without the functionality of an OMS, LPF and LPFI are exposed to greater risk of trading errors, regulatory breaches and reduced efficiency, all of which may also impair investment performance. LPFI provides investment management services to external clients. This service is regulated by the Financial Conduct Authority and the strong control environment and operational resilience required under this regulatory oversight increases the need for an automated Order Management System. The system must maintain availability based on a 24/7 working week. The requirement will be for the supplier to be able to implement the new solution within 6 months of the contract award including connectivity to LPF's custodian, Northern Trust.. Failure to complete both the online SPD and the attached Selection Questionnaire may result in the bid being rejected as non-compliant. Renewal: The contract shall run for a period of five years with the option to extend for a three-year period and a further 24-month period from the contract start date. Total 10 years including extension periods, which are at the sole discretion of the Council. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR552938 | | Notice type | OJEU - F2 - Contract Notice | | Procurement type | Standard | | Procurement category | Goods | | Procurement method | Selective | | Procurement method details | Competitive dialogue | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 31 Mar 2026 | | Submission deadline | 1 May 2026 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Between 4 to 10 years time | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE CITY OF EDINBURGH COUNCIL | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH8 8BG | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM1 East Central Scotland | | ITL 3 | TLM13 City of Edinburgh | | Local authority | City of Edinburgh | | Electoral ward | City Centre | | Westminster constituency | Edinburgh East and Musselburgh | | Delivery location | TLM75 City of Edinburgh | ## CPV Codes ### Divisions - 48 - Software package and information systems ### Codes - 48100000 - Industry specific software package - 48411000 - Investment management software package - 48441000 - Financial analysis software package - 48442000 - Financial systems software package ## Release History - 31 Mar 2026 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR552938 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR552938 Investment Order Management System - Lothian Pension Fund (LPF) - The City of Edinburgh Council (the Council) is administering authority of the Lothian Pension Fund (LPF). Lothian Pension Fund (LPF) is seeking to establish a new contract for an Order Management System (OMS). The OMS is an ongoing requirement to support the investment of the listed assets of Lothian Pension Fund under internal management or under the management of Lothian Pension Fund's subsidiary company, LPFI Limited. This service is regulated by the Financial Conduct Authority and as such an automated Order Management System is required. This procurement process will be competitive dialogue process in line with Public Contracts (Scotland) Regulations 31. ## Notice URLs - http:// - http://www.edinburgh.gov.uk - http://www.publiccontractsscotland.gov.uk - http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=826734 - http://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000826734 - https://www.publiccontractsscotland.gov.uk - https://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=826734 ## 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-r6ebe6-0000826734. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000826734.json.