Award

Procurement of Investment Management Services for Multi Asset Credit

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

03 Nov 2021 at 16:33

Award Notice
Summary of the contracting process

Border to Coast Pensions Partnership Ltd has completed the procurement process for investment management services related to their Multi Asset Credit Fund. The contract, valued at £12,000,000, falls under the category of pension fund management services. The procurement method utilised was an open procedure, with the contract period running from 10th August 2021 to 10th August 2022. The tender was awarded to PIMCO Europe Ltd following a competitive process, which concluded with the publication of the award notice on 3rd November 2021.

This tender offers significant opportunities for businesses in the financial services sector, particularly those specialising in investment management and pension-related services. Companies that are well-suited to compete for future contracts in this domain will likely be established firms with experience in managing large asset portfolios and a strong compliance record in the financial sector. The involvement of a major public authority such as Border to Coast Pensions Partnership Ltd further highlights the potential for growth in this area, especially for firms looking to expand their public sector engagements.

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Notice Information

Notice Title

Procurement of Investment Management Services for Multi Asset Credit

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for Investment Management Services for the Multi Asset Credit Fund.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1d0db5d2-b083-46b4-abf9-76861a2e8ba3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/64d83d75-f1ce-4077-a3d1-16d2125db1f9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£12,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£12,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Nov 20214 years ago
Submission Deadline
28 Aug 2019Expired
Future Notice Date
Not specified
Award Date
2 Nov 20196 years ago
Contract Period
9 Aug 2021 - 10 Aug 2022 1-2 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
BORDER TO COAST PENSIONS PARTNERSHIP 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
LEEDS
Postcode
LS1 2HJ
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

PIMCO EUROPE

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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