FARO application development and maintenance

London LGPS CIV LimitedcontractFind a TenderRef ocds-h6vhtk-067dcbProcurement Act 2023planned
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Estimated value

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

08 Apr 2026

This is a preliminary market engagement notice

Map the supplier landscape and document your shortlist before opening the tender. The market simulation produces a defensible audit record you can attach to your procurement file.

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Description

FARO is our Fund analysis, reporting & ordering system, the platform uses an SFTP transfer mechanism to receive data from Custodians, this is transferred into a Microsoft Fabric environment for processing within the tooling, based largely upon Microsoft Excel and Forms. We require a supplier to take on the ongoing development and maintenance of the platform to ensure system availability, data integrity and undertake the development of additional capabilities as required.

Scope

Reference
P00326
Total value
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
12 Jul 2026 to 13 Jul 2027
Possible extension to 13 Jul 2029

Our continued use of FARO is subject to a future procurement of additional systems and technologies, it is anticipated that FARO will be replaced at some point within the next 36 months. Extensions will therefore be subject to an enduring requirement existing.

Main category
services
CPV classifications
66523000
72200000

Participation

Conditions suppliers must meet to bid.

Suppliers must have experience of working with Investment Management systems and Managers. A strong record of data integration with fund management platforms is essential. Pension sector experience is mandatory and specific LGPS experience will be strongly preferred.

Direct LGPS experience and Investment Management systems development will be the two main deciding factors.

Submission & procedure

Enquiry deadline
04 May 2026, 4:00 pm
Procedure
Competitive flexible procedure