Fund Accounting Software

Wolverhampton City CouncilcontractFind a TenderRef ocds-h6vhtk-067193Procurement Act 2023SME suitableVCSE suitableplanning

Estimated value

goods

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

23 Mar 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

The primary objective of the procurement is to appoint a supplier capable of delivering a robust, integrated fund accounting system that supports all asset classes and enables WMPF to operate effectively within a changing regulatory and investment environment. The solution must improve transparency, enhance automation, strengthen auditability, and reduce operational and financial risk. It must provide accurate, timely, and consistent financial information to support effective governance, oversight, and decision-making. A further objective is to ensure that WMPF's fund accounting arrangements remain fit for purpose in light of the Government's "LGPS: Fit for the Future" reforms, expected to take effect from April 2026.

Scope

Reference
WMPF26001
Total value
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
28 Feb 2027 to 27 Feb 2030
Possible extension to 27 Feb 2032

There is an option to extend by 2 x 12 months (a total of 5 year contract period)

Main category
goods
CPV classifications
48440000
Contract locations
West Midlands, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
QualityQuality (including Social Value & EDI)quality50.00%
Priceprice20.00%
Demonstrationquality30.00%