Planning

Asset Liability Management (ALM) model procurement

  • Border to Coast Pensions Partnership Limited

UK3: Planned procurement notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-038276

Procurement identifier (OCID): ocds-h6vhtk-055b30 (view related notices)

Published 8 July 2025, 2:39pm



Scope

Description

Border to Coast offers investment propositions across Public and Private asset classes that deliver investment opportunities and management to our Partner Funds.

As part of our strategic plan, we intend to expand our range of services for our Partner Funds. A key capability is to enable us to support Partner Funds with their SAA and Portfolio Construction decisions. Therefore, we aim to procure an Asset Liability Management (ALM) model to support the efficient implementation of these new capabilities. The ALM model will support evaluation of scheme investment strategy and risk management, strategic investment planning, asset allocation, and scenario analysis. The core functionalities and modules of the ALM are expected to include Economic Scenario Generator and Capital Market Assumptions, capable of accurate representation of Partner Funds underlying asset classes and investment strategies, stochastic ALM projections and stress testing, and comprehensive reporting modules. The ALM model will utilize the current scheme actuaries' liability data as input.

Total value (estimated)

  • £3,600,000 excluding VAT
  • £4,320,000 including VAT

Above the relevant threshold

Contract dates (estimated)

  • 8 December 2025 to 7 December 2031
  • Possible extension to 7 December 2034
  • 9 years

Description of possible extension:

The initial contract length will be 6 years with the option of an additional 3 year extension

Main procurement category

Goods

CPV classifications

  • 48441000 - Financial analysis software package

Submission

Publication date of tender notice (estimated)

18 August 2025

Enquiry deadline

19 August 2025, 12:00am

Submission type

Tenders

Deadline for requests to participate

19 August 2025, 12:00am

Submission address and any special instructions

The tender will be published on Proactis ProContract, the relevant registration and log in links are below:

Log in - https://procontract.duenorth.com/Login

Registration link - https://procontract.due-north.com/Register

The UK4 Tender Notice will also be published on the Central Digital Platform - Procurement identifier (OCID): ocds-h6vhtk-055b30

Tenders may be submitted electronically

Yes

Languages that may be used for submission

English

Award decision date (estimated)

26 October 2025


Other information

Applicable trade agreements

  • Government Procurement Agreement (GPA)

Procedure

Procedure type

Competitive flexible procedure

Competitive flexible procedure description

The procedure will involve an initial pre- selection questionnaire stage and a supplier presentation stage.

Reduced tendering period

Yes

Qualifying planned procurement notice - minimum 10 days


Contracting authority

Border to Coast Pensions Partnership Limited

  • Companies House: 10795539

5th Floor, Toronto Square, Toronto Street

Leeds

LS1 2HJ

United Kingdom

Contact name: Border to Coast Procurement Team

Email: procurement@bordertocoast.org.uk

Website: https://www.bordertocoast.org.uk/

Region: UKE42 - Leeds

Organisation type: Public authority - sub-central government