Award

WCC - Global Custody Services

WARWICKSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

06 Oct 2025 at 11:18

Award Notice
Summary of the contracting process

The procurement process for the "WCC - Global Custody Services" was conducted by Warwickshire County Council, focusing on providing Global Custody Services for the Warwickshire Pension Fund. This process falls under the industry category of custody services and was located within the West Midlands, United Kingdom. The procurement was conducted as a call-off from a framework agreement using a selective procurement method. The tendering phase concluded on 15th August 2025, with the contract commencing on 1st October 2025 and set to end on 30th September 2030. The award notice was published on 6th October 2025, confirming the contract award to Northern Trust Company Limited.

This tender presents significant opportunities for business growth, especially for those capable of offering comprehensive custody services. Firms specialising in financial asset management and investment services would find this contract particularly lucrative. Although the opportunity was reserved for frameworks in compliance with specific procurement methods, it underscores the value of engaging in frameworks and understanding local authority needs, particularly for SMEs aiming for growth within the public sector. This contract aligned with Warwickshire County's strategic services, indicating a beneficial engagement for companies positioned to deliver in the financial services sector.

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Notice Information

Notice Title

WCC - Global Custody Services

Notice Description

Global Custody Services for the Warwickshire Pension Fund (WPF) on behalf of Warwickshire County Council. A single Provider to supply the following Global Custody Services as set out in Global Custody Services Framework Agreement (NCCT42038) via our e-portal CSWJets.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11583dc4-ae8c-405a-b275-04e3a37a6a73
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d63c663b-2138-4597-b548-63e080909c0c
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

66162000 - Custody services

Notice Value(s)

Tender Value
£182,000 £100K-£500K
Lots Value
Not specified
Awards Value
£182,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Oct 20254 months ago
Submission Deadline
15 Aug 2025Expired
Future Notice Date
Not specified
Award Date
23 Sep 20255 months ago
Contract Period
30 Sep 2025 - 30 Sep 2030 Over 5 years
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
WARWICKSHIRE 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
WARWICK
Postcode
CV34 4RL
Post Town
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG13 Warwickshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Warwick
Electoral Ward
Warwick Saltisford
Westminster Constituency
Warwick and Leamington

Supplier Information

Number of Suppliers
1
Supplier Name

NORTHERN TRUST

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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