Tender

Contract for Provision of Third Party Administrator Services

BORDER TO COAST PENSIONS PARTNERSHIP LIMITED

This public procurement record has 1 release in its history.

Tender

24 Aug 2017 at 12:10

Summary of the contracting process

The procurement process involves the Border to Coast Pensions Partnership Limited, which is seeking a service provider for the "Contract for Provision of Third Party Administrator Services". This tender falls within the banking and investment services industry category and is located in Yorkshire and the Humber, United Kingdom. Currently at the tender stage, the tender period is set to conclude on 25th September 2017. The contract has an estimated value of £70 million, with a minimum value of £50 million, and will cover the period from 1st June 2018 to 31st May 2023.

This tender presents a significant opportunity for businesses specialising in financial services, particularly those offering outsourced dealing, middle office services, or fund administration and depositary services. As the procurement method is classified as 'Other', it may attract a range of providers, although it is noted that small and medium enterprises (SMEs) and voluntary/community/social enterprises (VCSEs) are not seen as suitable for this opportunity. Companies prepared to manage large-scale contracts and with expertise in financial administration are well-placed to compete effectively.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Contract for Provision of Third Party Administrator Services

Notice Description

Border to Coast Pensions Partnership Limited (BCPP) is a company established by 12 Local Government Pension Schemes for the pooling of investment assets. In support of its strategic objectives, BCPP are looking to appoint a service provider who will support core capabilities necessary to achieve its objectives. These core services are as follows; * Outsourced Dealing * Middle Office Services * Fund Administration* Depositary Services * Fund Administration* The buyer is of the view that this contract falls within regulation 10(1)(e) of the Public Contracts Regulations 2015 (PCR) the Financial Services exemption PCR Reg 6(2)(h) and as such falls outside the scope of the Regulations. This notice is published on a voluntary basis and for information only.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-23c1e83a-b1e4-405d-990c-a955ceae5653
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/44e90738-9fa6-424c-9580-8260ba298f10
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£70,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20178 years ago
Submission Deadline
25 Sep 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2018 - 31 May 2023 Over 5 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
BORDER TO COAST PENSIONS PARTNERSHIP LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTH SHIELDS
Postcode
NE33 2RL
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLE Yorkshire and The Humber

Local Authority
South Tyneside
Electoral Ward
Beacon and Bents
Westminster Constituency
South Shields

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-23c1e83a-b1e4-405d-990c-a955ceae5653-2017-08-24T13:10:24+01:00",
    "date": "2017-08-24T13:10:24+01:00",
    "ocid": "ocds-b5fd17-23c1e83a-b1e4-405d-990c-a955ceae5653",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CUM001-DN294696-59866410",
        "title": "Contract for Provision of Third Party Administrator Services",
        "description": "Border to Coast Pensions Partnership Limited (BCPP) is a company established by 12 Local Government Pension Schemes for the pooling of investment assets. In support of its strategic objectives, BCPP are looking to appoint a service provider who will support core capabilities necessary to achieve its objectives. These core services are as follows; * Outsourced Dealing * Middle Office Services * Fund Administration* Depositary Services * Fund Administration* The buyer is of the view that this contract falls within regulation 10(1)(e) of the Public Contracts Regulations 2015 (PCR) the Financial Services exemption PCR Reg 6(2)(h) and as such falls outside the scope of the Regulations. This notice is published on a voluntary basis and for information only.",
        "datePublished": "2017-08-24T13:10:24+01:00",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66100000",
            "description": "Banking and investment services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "Yorkshire and the Humber",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 50000000,
            "currency": "GBP"
        },
        "value": {
            "amount": 70000000,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other -",
        "tenderPeriod": {
            "endDate": "2017-09-25T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2018-06-01T00:00:00+01:00",
            "endDate": "2023-05-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/44e90738-9fa6-424c-9580-8260ba298f10",
                "datePublished": "2017-08-24T13:10:24+01:00",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-65620",
            "name": "Border to Coast Pensions Partnership Limited",
            "identifier": {
                "legalName": "Border to Coast Pensions Partnership Limited"
            },
            "address": {
                "streetAddress": "Town Hall and Civic Offices, Westoe Road",
                "locality": "South Shields",
                "postalCode": "NE33 2RL",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "David Hayward",
                "email": "David.Hayward@southtyneside.gov.uk",
                "telephone": "+44 1914247217"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-65620",
        "name": "Border to Coast Pensions Partnership Limited"
    }
}