Published date: 12 January 2026

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 4 December 2025, 12pm

Contract summary

Industry

  • Industry specific software package - 48100000

Location of contract

London

Value of contract

£80,172.10

Procurement reference

tender_512652/1544191

Published date

12 January 2026

Closing date

4 December 2025

Closing time

12pm

Contract start date

15 January 2026

Contract end date

14 January 2027

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Argus Cloud is the Corporation's real estate software used by the Investment Property Group within the City Surveyor's Department to manage the investment property portfolio. The system comprises two core applications: Argus Enterprise, used for valuations and cash flow forecasting, and Argus Developer, used for development appraisals.

Argus is a critical system supporting estate planning and investment decision-making. This award is for a further one-year period to maintain service continuity while we prepare to return to the market, either through market engagement or, if no suitable alternatives are identified, a decision to re-award.

More information

Links

Award information

Awarded date

5 January 2026

Contract start date

15 January 2026

Contract end date

14 January 2027

Total value of contract

£80,172.10

This contract was awarded to 1 supplier.

ARGUS Software (UK) Ltd

Address

180 Great Portland Street, London, W1W 5QZ

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Taiwo Muraina-Akinboade

Address

The Mayor and Commonalty and Citizens of the City of London
London
EC2P 2EJ
England

Email

taiwo.Muraina@cityoflondon.gov.uk