Tender

Private Markets Fund Administrator and Portfolio Monitoring System

LGPS CENTRAL LTD

This public procurement record has 5 releases in its history.

TenderAmendment

20 Sep 2022 at 09:59

TenderAmendment

16 Aug 2022 at 13:23

TenderAmendment

16 Aug 2022 at 13:22

TenderAmendment

16 Aug 2022 at 13:22

Tender

16 Aug 2022 at 11:08

Summary of the contracting process

The procurement process is being carried out by LGPS Central Ltd for the tender titled "Private Markets Fund Administrator and Portfolio Monitoring System" in the Financial markets administration services industry category. The procurement stage is currently in the Tender phase, with a tender period ending on 19th September 2022. The location for this procurement is at i9, Wolverhampton Interchange, WV1 1LD, United Kingdom. The procurement method is a selective Competitive procedure with negotiation. The contract period is set to start on 4th February 2023 and end on 3rd February 2026.

This tender presents opportunities for businesses within the financial services sector to provide Fund Administration and Portfolio Monitoring System services. Companies with expertise in financial markets administration and financial information systems would be well-suited to compete in this procurement. Key attributes for successful bidders include experience in competitive negotiations and the ability to handle long-term service contracts effectively. LGPS Central Ltd, as the buying organisation, is seeking high-quality service providers and expects a competitive bid process to select the most suitable vendor for this opportunity.

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Notice Title

Private Markets Fund Administrator and Portfolio Monitoring System

Notice Description

LGPS Central manages on behalf of its Partner Funds a range of investments in Private Equity, Private Debt and Infrastructure. These are all managed in-house via Scottish Limited Partnership ("SLP") structure, whereby LGPSC sources and commits to fund investments on behalf of the investors. LGPS Central wishes to outsource the administration of all these investments and appointment a Fund Administrator. In addition, LGPS Central requires the provision of a Portfolio Monitoring System for these investments. Additional information: Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-06972116-4a30-412c-aec2-958409023b32
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a52bc19-1696-4ab2-8647-15cd565392d6
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48812000 - Financial information systems

66150000 - Financial markets administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Sep 20223 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Feb 2023 - 3 Feb 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LGPS CENTRAL LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WOLVERHAMPTON
Postcode
WV1 1LD
Post Town
Wolverhampton
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
Not specified

Local Authority
Wolverhampton
Electoral Ward
St Peters
Westminster Constituency
Wolverhampton West

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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