Scope
Reference
P00126
Description
Consultancy services to design, develop and implement a software system to perform pension fund analysis, reporting and order management capabilities.
Contract 1. FARO - Fund Analysis, Reporting & Order system
Supplier
Contract value
- £198,000 including VAT
Above the relevant threshold
Earliest date the contract will be signed
18 April 2026
Contract dates (estimated)
- 21 April 2026 to 1 July 2026
- 2 months, 11 days
Main procurement category
Services
CPV classifications
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
Contract locations
- UK - United Kingdom
Other information
Description of risks to contract performance
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.
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
- Single supplier - intellectual property or exclusive rights
- Single supplier - technical reasons
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.
Supplier
MIRADOR SOLUTIONS CONSULTANCY LTD
- Companies House: 13660671
- Public Procurement Organisation Number: PWXM-9863-PJTL
4th Floor Radius House, Clarendon Road
Watford
WD17 1HP
United Kingdom
Email: info@miradorsolutions.com
Website: http://www.miradorsolutions.com
Region: UKH23 - Hertfordshire
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Contract 1. FARO - Fund Analysis, Reporting & Order system
Contracting authority
LONDON LGPS CIV LIMITED
- Companies House: 09136445
- Public Procurement Organisation Number: PQBW-9692-CYCW
4th Floor, 22 Lavington Street
London
SE1 0NZ
United Kingdom
Email: procurement@londonciv.org.uk
Region: UKI44 - Lewisham and Southwark
Organisation type: Public authority - sub-central government