Pension - Pensions Administration Software for the Isle of Wight Council through the LGPS Framework for Pensions Administration Software
Description: Pensions Administration Software for the Isle of Wight Council through the LGPS Framework for Pensions Administration Software
Summary: The Isle of Wight Council has engaged in a public procurement process to acquire Pensions Administration Software through the Local Government Pension Scheme (LGPS) Framework. This procurement falls under the software package and information systems category and is located in Newport, United Kingdom (UKJ34). Key amendments were made as of 2026, highlighting a price variation with an increase to £3,091,925 GBP, reflecting an 8.1% rise in expected whole life costs. The procurement method was a Further Competition under the National LGPS Framework, and the contract was finalized with Heywood Limited on 24th May 2022. The procurement process is currently at the tender update stage, highlighting ongoing improvements and adjustments to the contract's terms and overall cost.