Tender

LGPS Central Global Active Investment Grade Credit Sub-Fund - Manager Procurement

LGPS CENTRAL LTD

This public procurement record has 1 release in its history.

Tender

05 Dec 2024 at 16:37

Tender Notice
Summary of the contracting process

LGPS Central Ltd has initiated a procurement process for the appointment of Global Active Investment Grade Credit managers under the title "LGPS Central Global Active Investment Grade Credit Sub-Fund - Manager Procurement." The industry category for this tender is pension investment services (CPV 66131100). The procurement method is a restricted procedure, and the process is currently active at the tender stage. The procurement will be conducted in three stages: a standard questionnaire, a presentation stage, and due diligence of successful managers. The deadline for tender submissions is 20th December 2024, and the contract period is scheduled from 30th June 2025 to 1st July 2025. The location includes regions encompassing the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom, with the central buying organisation located in Wolverhampton, UK.

This tender offers significant opportunities for businesses, particularly for those that are SMEs, by allowing them to showcase their expertise in managing substantial global investment grade credit portfolios. Companies with at least £5bn invested from external clients and a five-year track record in active management can leverage this opportunity to grow their business. Ideal candidates would be those who adopt a fundamental, rather than quantitative, investment approach and can demonstrate strong historical performance and portfolio robustness. This selective procurement process opens up avenues for businesses to establish credibility and expand their client base through a high-profile public contract.

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Notice Information

Notice Title

LGPS Central Global Active Investment Grade Credit Sub-Fund - Manager Procurement

Notice Description

LGPS Central is looking for Global Investment Grade Credit managers that already have a minimum PS5bn of external client money invested in Global Investment Grade Credit as of 30th September 2024 with a five-year track record (to the same date) in managing a Global Active Investment Grade Credit strategy. LGPSC is looking for active managers who utilise a fundamental rather than quantitative approach, evidence of strong performance, and the capability to build a robust and high-quality credit portfolio. This procurement will be split into three stages: Stage 1 - Standard Questionnaire to manage correspondence and clarifications submitted via In-Tend Stage 2 - Presentation Stage to manage correspondence (including issuing results of Stage 1) Stage 3 - Due Diligence of successful managers (including issuing results of Stage 2) Additional information: https://in-tendhost.co.uk/lgpscentral/ Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/200f611e-1d1a-4e04-8485-c5b2096099cd
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

Notice Value(s)

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

Notice Dates

Publication Date
5 Dec 20241 years ago
Submission Deadline
20 Dec 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
29 Jun 2025 - 1 Jul 2025 30 days
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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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