FARO Application Development and Maintenance

London LGPS CIV LimitedcontractFind a Tender ↗Ref ocds-h6vhtk-0687cbProcurement Act 2023SME suitableactive

View buyer

Estimated value

£600k

services

Awarded value

—

Suppliers

Lots

0 awarded

Published

21 Apr 2026

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: £600,000 excluding VAT
£720,000 including VAT
Above the relevant threshold
Commercial tool: Standalone contract
Contract dates: 12 Jul 2026 to 09 Jul 2027
Possible extension to 13 Jul 2029
The lifetime of FARO is currently unknown, due to changing business requirements it will likely be replaced by a COTS platform at some point.
Main category: services
CPV classifications: 66523000
72200000
Contract locations: London, United Kingdom
South East England, United Kingdom
Particular suitability: Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

Name	Description	Type	Weighting
LGPS Sector Experience	Direct experience of working with the LGPS sector	quality	35.00%
Investment Management Experience	Experience of developing and maintaining software solutions within an Investment Management firm, using Microsoft Fabric, SharePoint, sFTP connectivity & PowerBI.	quality	35.00%
Financial value	Cost of service provision	price	30.00%

Participation

Conditions suppliers must meet to bid.

See the PSQ document

Direct experience of developing software for Investment Management firms and of working with LGPS pools. See Technical Specification document for further details.

Direct and relevant experience of working with Investment Managers to develop similar systems and experience of working within the LGPS sector.

Submission & procedure

Enquiry deadline: 01 May 2026, 11:00 am
Submission address: https://www.mytenders.co.uk/ PSQ submissions to be made via the Mytenders portal. If any difficulties experienced you may contact procurement@londonciv.org.uk Note that you must not submit a Tender unless you are invited to do so post the PSQ phase. ↗
Electronic submission: Yes
Procedure: Competitive flexible procedure