Closed tender

WMPF26001 - Fund Accounting Software

Details

Topic
Financial analysis and accounting software package
Published
25 March 2026
Submission
22 May 2026

Tender 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. Keywords: Accounting

Timeline

  1. Completed: Tender published25 March 2026
    Current notice
  2. Completed: Submission date22 May 2026

About the buyer

Wolverhampton City Council is a local authority that runs its own corporate procurement function covering goods and services for the city. Tenders and contract opportunities are published through the ProContract portal, where free registration takes about ten minutes. A public contracts register lists every live agreement the council holds. Projects due for retender within the next three years appear in a rolling procurement pipeline. Many requirements are sourced through existing frameworks, where suppliers have already pre-competed, rather than run as fresh competitions. Registered suppliers are notified automatically when a new opportunity matches their expertise.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Wolverhampton City Council's contract awards have been in architectural and engineering services, construction work and health and social work.

Relevant CPV codes

  • 48440000 · Financial analysis and accounting software package

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Decision makers

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