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Published 7 May 2026, 11:49 BST

Official UK procurement notice

Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform

Official notice

Authority: Pool Reinsurance Limited (Public body)

GoodsOpen procedureAbove threshold
Sectors: Software Packages & ERP (48) Delivery: London (UKI)
Budget not disclosed£1≈ £1 / year · £1 inc. VAT
Submissions closed 2 Jun 2026
Contract term 1 yrends 31 Aug 2027 · up to 31 Aug 2031 with extensions · starts 1 Sept 2026

What is being bought

Published requirement description

Pool Re wishes to appoint a suitably qualified and experienced technology provider to supply, implement and support a Strategic Asset Allocation (SAA) and Asset–Liability Management (ALM) modelling platform. Pool Reinsurance Limited and/or any Group Company (as Pool Re Services may require from time to time) in accordance with the terms of the Contract.

The solution will be used to support long-term investment strategy, balance sheet risk management and decision-making across a range of economic environments. It must incorporate stochastic simulation techniques, forward-looking stochastic economic scenario generation, an optimisation engine (e.g. MVA), capital market assumptions (CMA’s) and quantitative risk and marginal analysis of investment strategies, consistent with best practice for institutional insurers and reinsurers

CPV: Investment management software package

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 1 yrPublished value£1
Contract period: 1 Sept 2026 – 31 Aug 2027 (1 yr) · up to 31 Aug 2031 with extensionsValue: £1 exc. VAT · £1 inc. VAT
Delivery: London
Extensions: Pool Re may at it's discretion, extend the term on up to four occasions, each for a period of up to 12 months
48411000 Investment management software package

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published award criteria (2)
  • Price
  • Quality
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Goods
Notice status
Cancelled
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA, CPTPP)
Recurring procurement
Unspecified in notice
First published
7 May 2026, 11:49 BST
Last source update
15 Jun 2026, 16:18 BST
Award evaluation window
Submission end – 19 Jun 2026
Authority reference
PRE00384
FTS notice number
2026/S 000-041831
Latest notice
Procurement termination notice (UK12)
Classification (CPV)
Investment management software package
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-069323 Find a Tender
Contract terms summary

All invoices must be sent, quoting the reference PRE00384 to invoicing@poolre.co.uk. Pool Re payment terms are 30 days of receipt of invoice.

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidElectronic submission allowedLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
2 Jun 2026, 00:00 BST
Clarification deadline
21 May 2026, 14:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

www.delta-esourcing.com ↗ and access code: EVZC6DE4EB

Timeline

7 May 2026 → 1 Sept 2026 · 6 dates
  1. Tender notice published174 days ago
    7 May 2026, 11:49 BST
  2. Clarification questions by160 days ago
    21 May 2026, 14:00 BST
  3. Submission deadline148 days ago
    2 Jun 2026, 00:00 BST
  4. Latest notice published134 days ago
    15 Jun 2026, 16:18 BST
  5. Award decision expected by130 days ago
    19 Jun 2026, 23:59 BST
  6. Contract starts57 days ago
    1 Sept 2026, 00:00 BST

Notice history

3 events · 2 releases on Find a Tender · since 7 May 2026
  1. Tender notice published
    7 May 2026, 11:49 BST
    UK4
  2. Procurement termination notice published
    15 Jun 2026, 16:18 BST
    UK12
  3. Status changed to complete
    15 Jun 2026, 16:18 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded toValueDateStatus
supplier not published—15 Jun 2026Cancelled

Contracting authority & participating public bodies

Pool Reinsurance Limited

Contracting authorityPublic authority - sub-central government GB-PPON: PVPY-3634-LJDN Equitable House, 47 King William Street, London, London, EC4R 9AFContact name, email, phone

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

  • Procurement termination notice tenderProcurement termination noticeUK12Procurement termination notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender