FARO Application Development and Maintenance
Estimated value
—
Awarded value
—
Suppliers
1
Lots
1
Published
22 Jun 2026
Description
The Authority operates FARO (Fund Analysis, Reporting and Order Management), an internally-developed platform used to receive Custodian data via sFTP, process it within a Microsoft Fabric environment, and present analysis and reporting tools built largely upon Microsoft Excel and Microsoft Forms. The Authority requires a Supplier to take on the ongoing development and maintenance of the platform to ensure system availability, data integrity, and to undertake the development of additional capabilities as required.
Scope
- Reference
- P00326
- Commercial tool
- Standalone contract
- Contract dates
- 12 Jul 2026 to 09 Jul 2027Possible 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.
- CPV classifications
- 6652300072200000
- Contract locations
- London, United KingdomSouth 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
- Procedure
- Competitive flexible procedure
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
—
Award date
21 Jun 2026
Contract start
08 Jul 2026
Contract end
13 Jul 2026