Award

Transition Manager to Facilitate the In-Specie Transfer of Pension Fund Assets

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

06 Mar 2025 at 09:38

Award Notice
Award

05 Mar 2025 at 16:19

Award Notice
Summary of the contracting process

Staffordshire County Council has completed the procurement process for the contract titled "Transition Manager to Facilitate the In-Specie Transfer of Pension Fund Assets" under the category of Pension fund management services (CPV: 66141000). The contract, valued at £119,000, covers services including transition management, foreign exchange management, risk management, and trading activities related to global equities. The contract involves service delivery in the West Midlands, United Kingdom. The procurement was conducted through a call-off from a framework agreement and is currently in the award stage, with the contract scheduled to commence on 10 March 2028 and conclude on 28 March 2028.

This tender offers substantial opportunities for businesses specialising in financial and pension fund management services. Specifically, firms that excel in project management, trade execution, foreign exchange management, and risk management are well-suited to compete. Small and medium-sized enterprises (SMEs) particularly stand to benefit, as the procurement process indicates suitability for these entities. Engaging in this contract can provide reputable visibility and the chance to work closely with a large organisation like Staffordshire County Council, thereby fostering business growth and expanding market reach.

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Notice Information

Notice Title

Transition Manager to Facilitate the In-Specie Transfer of Pension Fund Assets

Notice Description

The following services are to be delivered for the transition: 1. Provision of transition management services for a sustainable global equities portfolio including project management, cost effective trade execution and efficient risk management; 2. Provision of cost-effective foreign exchange management during the transition of non-GBP assets, including forex hedging and netting where possible/applicable; 3. Provision of assistance in minimising the effects of performance drag from holding cash (for the purposes of managing expenses, cash flows and collateral) during transition through the prudent management of cash; 4. Provision of assistance in the management of cost-effective, high quality execution of transition-related trades through the delivery of trading activity in global equities; 5. Provision of detailed, transparent transition cost information Attendance at meetings, albeit virtually, as required by the Customer

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0542a4f4-eeb7-4dd2-9f82-2c1279f70ade
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f5a70a2e-a382-4cea-9b89-00e1c31f769c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£119,000 £100K-£500K
Lots Value
Not specified
Awards Value
£119,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 202511 months ago
Submission Deadline
25 Jan 2025Expired
Future Notice Date
Not specified
Award Date
5 Mar 202511 months ago
Contract Period
10 Mar 2028 - 28 Mar 2028 30 days
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
STAFFORDSHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
1
Supplier Name

MACQUARIE CAPITAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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