Investment Management Solution & related professional services for the National Wealth Fund Limited
Estimated value
£15.5m
Awarded value
—
Suppliers
0
Lots
1
Published
14 Jan 2026
Description
The National Wealth Fund Limited ("NWF"), the successor to the UK Infrastructure Bank, has been established to drive the nation's growth by creating a stable investment environment and mobilising private capital to align with the UK Government's strategic priorities. As NWF we will support a wider range of sectors beyond infrastructure, aligning with the Government's industrial strategy. NWF have a total capital of £27.8 billion, with at least £5.8 billion dedicated to green hydrogen, carbon capture, ports, gigafactories, and green steel. This aligns with the principle of achieving policy objectives via sound banking. Our private sector function will provide corporate and project finance and invest across the capital structure, including senior debt, mezzanine, guarantees and equity. Our local authority function will lend to local authorities at a preferential rate for high value and strategic projects of at least £5 million. NWF have previously undertaken early market engagement for an Investment management solution and related services NWF now wish to undertake a tender for the appointment of a supplier to provide an investment management solution and related professional services. The investment management solution must include all of the below relating to the financial and operational lifecycle of a deal post go-live, namely:- • Investment set up (booking a deal) • Output for the purposes of accounting in-line with International Financial Reporting Standards (IFRS). • Investment management of a deal (calculation of cashflow) • Investment closure (ending a deal) • Risk management of a deal • Licences and implementation services related to the above • Integration support to NWF solutions • Migration of NWF deals/loanbook • Professional services related to the above NWF currently has a number of tools providing these services internally. The solution and services need to: • be able to facilitate all our product sets, including but not limited to:- Debt (bullet repayment loan, amortising loan, revolving credit facility, bridge finance, bonds and portfolio loans such as warehousing), Guarantee (financial guarantee, performance, inflation linked, credit enhancement & first loss) and Equity (ordinary shares, preference shares, fund investments, convertible loan notes, PIK shares). • be capable of supporting our users in daily workflows across our Financial Risk Management, Finance Operations, Financial Control, Portfolio Management and Treasury teams to enable NWF to manage and monitor its investment in an efficient and transparent manner. • be capable of meeting our requirements and offer value for money. NWF is seeking to appoint one contracting entity to provide the services under this competitive flexible procedure. Further detail is included in the procurement documents pack made available by NWF in respect of this tender notice.
Scope
- Reference
- C1214
- Total value
- £15,500,000 excluding VAT£18,600,000 including VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 12 Aug 2026 to 13 Aug 2032Possible extension to 13 Aug 2037
Contract award date is estimated and is subject to change through the procurement process. Contracting period will be for a period of up to 10 years from when the solution goes live. The initial contract term will be 5 years from the date the solution is live with extension options to be exercised by NWF for a further 5 years.
- Main category
- services
- CPV classifications
- 72000000722600004851700098110000722630007231200072212517
- Contract locations
- UK, United Kingdom
- Particular suitability
- Small and medium-sized enterprises (SME)
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Technical | Weightings information is further detailed in Appendix 5 of the ITT – the Tender Assessment Methodology. Covers quality, implementation, migration, change management, alignment to NWF’s non-functional requirements, ability to meet the requirements and social value. Social Value shall account for 10% weighting. | quality | 75.00% |
| Commercial | Covers price and a commercial questionnaire which includes a number of questions, principles and contracting. Weightings information is further detailed in Appendix 5 of the ITT – the Tender Assessment Methodology. | cost | 25.00% |
Participation
Conditions suppliers must meet to bid.
Please see the conditions of participation in Appendix 6 – Procurement Specific Questionnaire.
Please see the conditions of participation in Appendix 6 – Procurement Specific Questionnaire. NWF are specifying a number of mandatory requirements a Tenderer must be able to meet as a pass/fail response in Appendix 6 – Procurement Specific Questionnaire and within the ITT. Such proposals which fail may not then be further evaluated and as a result a full assessment summary would not be available to the relevant Tenderers.
Submission & procedure
- Enquiry deadline
- 22 Jan 2026, 4:00 pm
- Submission deadline
- 10 Feb 2026, 4:00 pm
- Submission address
- To gain access to the documentation and submit your proposal for this opportunity, please register on Atamis, available on the following link: https://atamis-3929.my.site.com/s/Welcome and send an email to Procurement@nationalwealthfund.org.uk to be included and once the event is live, we will add you to the event to view the documentation. This will then be visible on the 'View our Live Opportunities' from the home page on Atamis. If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response. The tender documents provided are as follows, with associated appendixes:- • Invitation to Tender • Appendix 1 - Glossary • Appendix 2 - Rules of the Procurement • Appendix 3 – Specification • Appendix 4 – Draft Contract terms • Appendix 5 - Tender Assessment Methodology • Appendix 6 - Qualification Response: Procurement Specific Questionnaire • Appendix 7 - Technical Response: Award Questionnaire • Appendix 8 - Commercial Response: Pricing Template • Appendix 9 - Confidential and Commercially Sensitive Information • Appendix 10 - Form of Tender • Appendix 11 - Tender Response Checklist • Appendix 12 – Non-Functional Requirements • Appendix 13 - Compliance Matrix
- Electronic submission
- Yes
- Procedure
- Competitive flexible procedure