AwardedAwarded 22 October 2026
Fund Accounting Software
Wolverhampton City Council · Local authority
In brief
Wolverhampton City Council awarded IT and software work to FIS Capital Markets UK Limited on 22 October 2026.
The notice gives a value of £2,400,000 including VAT.
The contract runs for 3 years, up to 61 months with extensions, starting 28 February 2027.
The buyer says it is suitable for small and medium-sized businesses.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
Contract for the provision of a Fund Accounting Software solution for the City of Wolverhampton Council as Administering Authority of the West Midlands Pensions Fund.
The primary objective of the procurement was 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 aims to improve transparency, enhance automation, strengthen auditability, and reduce operational and financial risk. It also aims to 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.
The contract includes for the supply and installation of such a solution, delivered by a single supplier, and with ongoing support and maintenance.
Who won
| Winner | Value | Dates |
|---|---|---|
| FIS Capital Markets UK Limited 3 bids received | £2,345,000 | Awarded 22 October 2026 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Preliminary market engagement notice · UK2, notice 026334-2026
- Tender notice · UK4, notice 027459-2026
- Contract award notice · UK6, notice 102239-2026
About the buyer
Wolverhampton City CouncilLast 12 months
Procurements
162Awards
91Suppliers it has used most for IT and software
- Strategic Digital Solutions Limited2 contracts
- Blackburn IT Services (Trading as bbits)1 contract
- Charterhouse Voice & Data Limited1 contract
- Exponential-e Limited1 contract
- FIS Capital Markets UK Limited1 contract
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From notice 026334-2026 on Find a Tender, first published 23 March 2026, last updated 28 October 2026. We last checked for changes on 28 October 2026.