Asset Liability Management model

{
  "buyer": {
    "id": "GB-COH-10795539",
    "name": "Border to Coast Pensions Partnership Limited"
  },
  "date": "2025-08-29T14:45:06+01:00",
  "id": "052503-2025",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-055b30",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Leeds",
        "postalCode": "LS1 2HJ",
        "region": "UKE42",
        "streetAddress": "5th Floor, Toronto Square, Toronto Street"
      },
      "contactPoint": {
        "email": "procurement@bordertocoast.org.uk",
        "name": "Border to Coast Procurement Team"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ],
        "url": "https://www.bordertocoast.org.uk/"
      },
      "id": "GB-COH-10795539",
      "identifier": {
        "id": "10795539",
        "scheme": "GB-COH"
      },
      "name": "Border to Coast Pensions Partnership Limited",
      "roles": [
        "buyer"
      ]
    }
  ],
  "tag": [
    "tender"
  ],
  "tender": {
    "aboveThreshold": true,
    "awardPeriod": {
      "endDate": "2025-10-24T23:59:59+01:00"
    },
    "coveredBy": [
      "GPA"
    ],
    "description": "Border to Coast offers investment propositions across Public and Private asset classes that\ndeliver investment opportunities and management to our Partner Funds. As part of our\nstrategic plan, we intend to expand our range of services for our Partner Funds. A key\ncapability is to enable us to support Partner Funds with their SAA and Portfolio Construction\ndecisions. Therefore, we aim to procure an Asset Liability Management (ALM) model to\nsupport the efficient implementation of these new capabilities. The ALM model will support\nevaluation of scheme investment strategy and risk management, strategic investment\nplanning, asset allocation, and scenario analysis. The core functionalities and modules of the\nALM are expected to include Economic Scenario Generator and Capital Market Assumptions,\ncapable of accurate representation of Partner Funds underlying asset classes and investment\nstrategies, stochastic ALM projections and stress testing, and comprehensive reporting\nmodules. The ALM model will utilize the current scheme actuaries\u0027 liability data as input.\nThe contract will cover a 6-year period, followed by a review, with the expectation that if\nsatisfied, the contract will be extended for another 3 years (therefore 9 years in total).",
    "documents": [
      {
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      },
      {
        "datePublished": "2025-08-29T14:45:06+01:00",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "format": "text/html",
        "id": "052503-2025",
        "noticeType": "UK4",
        "url": "https://www.find-tender.service.gov.uk/Notice/052503-2025"
      }
    ],
    "enquiryPeriod": {
      "endDate": "2025-09-08T23:00:00Z"
    },
    "expressionOfInterestDeadline": "2025-09-12T11:00:00Z",
    "id": "DN781589",
    "items": [
      {
        "additionalClassifications": [
          {
            "description": "Financial analysis software package",
            "id": "48441000",
            "scheme": "CPV"
          }
        ],
        "id": "1",
        "relatedLot": "1"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "awardCriteria": {
          "criteria": [
            {
              "name": "Strategic Alignment and Partnership",
              "numbers": [
                {
                  "number": 5,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "name": "ESG",
              "numbers": [
                {
                  "number": 5,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "name": "Functional Requirements",
              "numbers": [
                {
                  "number": 70,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "name": "Bid Price",
              "numbers": [
                {
                  "number": 20,
                  "weight": "percentageExact"
                }
              ],
              "type": "price"
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2031-12-07T23:59:59+00:00",
          "maxExtentDate": "2034-12-07T23:59:59+00:00",
          "startDate": "2025-12-08T00:00:00+00:00"
        },
        "hasRenewal": true,
        "id": "1",
        "renewal": {
          "description": "The initial contract length will be 6 years with the option of an additional 3 year extension."
        },
        "status": "active",
        "value": {
          "amount": 3600000,
          "amountGross": 4320000,
          "currency": "GBP"
        }
      }
    ],
    "mainProcurementCategory": "goods",
    "procedure": {
      "acceleratedRationale": "Qualifying planned procurement notice",
      "features": "The process will take part in two distinct stages:\nStage 1 \u2013 Down Selection:\nThis stage will be scored and the highest scoring maximum of 3 Suppliers will be invited to\nparticipate in Stage 2.\nStage 2 \u2013 ITT Stage\nAssessment and scoring of down selected Supplier bids, Where relevant, down selected Suppliers will be invited to take part in a Workshop at Border to Coast\u2019s head office in Leeds w/c 6th October 2025.",
      "isAccelerated": true
    },
    "procurementMethod": "open",
    "procurementMethodDetails": "Competitive flexible procedure",
    "status": "active",
    "submissionMethodDetails": "The tender will be published on Proactis ProContract.\nBidders who have not previously submitted an EOI will need to respond to the ProContract Expression of Interest/Advert, published under Opportunity ID DN781589, to be automatically invited to access tender documentation and submit bids.\nRelevant registration and log in links are below:\nProContract Log in - https://procontract.duenorth.com/Login\nProContract Registration link - https://procontract.due-north.com/Register\nIf Suppliers identify a technical issue with the ProContract portal, they should contact Border to Coast without delay via procurement@bordertocoast.org.uk. All other clarification questions/communication must be raised via the ProContract portal.",
    "submissionTerms": {
      "electronicSubmissionPolicy": "allowed",
      "languages": [
        "en"
      ]
    },
    "title": "Asset Liability Management model",
    "value": {
      "amount": 3600000,
      "amountGross": 4320000,
      "currency": "GBP"
    }
  }
}