FARO - Fund Analysis, Reporting & Order system

Official notice

Authority: LONDON LGPS CIV LIMITED (Public body)

Direct award

Sectors: Financial and insurance services (66) Delivery: UK

Awarded value£198,000published award · inc. VAT

Award in standstill Not publishedno call for competition

Award (standstill) to MIRADOR SOLUTIONS CONSULTANCY LTD

What is being bought

Published requirement description

Consultancy services to design, develop and implement a software system to perform pension fund analysis, reporting and order management capabilities.

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: UK

66170000 Financial consultancy, financial transaction processing and clearing-house services

Procedure terms & legal framework

From the official record

Procedure method: Direct award
Legal basis: UKPGA · 2023/54 Procurement Act 2023
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 9 Mar 2026, 21:26 GMT
Last source update: 9 Mar 2026, 21:26 GMT
Authority reference: P00126
FTS notice number: 2026/S 000-021101
Latest notice: Transparency notice (UK5)
Delivery area: UK
Official registry OCID: ocds-h6vhtk-0665c4 Find a Tender

Why no open competition: Single Suppliers Intellectual Property Exclusive Rights; Single Suppliers Technical Reasons
Published justification: LCIV intends to award the bridging contract directly under section 41 of the Procurement Act 2023 on the basis that a Schedule 5 single supplier justification applies
Rationale and Evidence (Single Supplier)
The evidence that only Mirador Solutions Limited can deliver within the bridging window includes:
Continuity of technical knowledge of the FARO codebase, architecture, environments and deployment pipeline.
Disproportionate time, cost and delivery risk associated with onboarding a new supplier mid-delivery and transferring partially complete artefacts.
The requirement is strictly time-critical to avoid delivery slippage and service disruption. The delivery timeline has been set by HM Government.

Review and risk notes

Risks: Strictly timeboxed: 20/04/2026-17/07/2026 (no automatic extensions).
Value cap: £165,000 ex VAT; variations subject to formal change control and approval.
Mandatory handover deliverables enabling transition to the competitively appointed support supplier.
Defined exit and transition obligations by 17th of July 2026.

Notice history

2 events · 1 release on Find a Tender · since 9 Mar 2026

Transparency notice published
9 Mar 2026, 21:26 GMT
UK5
Contract signature expected
18 Apr 2026, 23:59 BST
scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1some still in standstill

Awarded value (inc. VAT) £198,0001 award inc. VAT; no net value published

Awarded to	Value	Date	Status
MIRADOR SOLUTIONS CONSULTANCY LTD21 Apr 2026 – 1 Jul 2026	£198,000 inc. VAT	—	Standstill

Contracting authority & participating public bodies

LONDON LGPS CIV LIMITED

Contracting authorityPublic authority - sub-central government GB-COH: 09136445 · GB-PPON: PQBW-9692-CYCW 4th Floor, 22 Lavington Street, London, London, SE1 0NZContact email

Bidders & participating suppliers

1 commercial party on the notice

MIRADOR SOLUTIONS CONSULTANCY LTDAwarded supplierGB-COH: 13660671GB-PPON: PWXM-9863-PJTL 4th Floor Radius House, Clarendon Road, Watford, East of England, WD17 1HPContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender9 Mar 2026, 21:26 GMT