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Third Party Administration & Depository Services

Border to Coast Pensions Partnership Limited

This public procurement record has 1 release in its history.

Award

14 Nov 2022 at 16:38

Award Notice
Summary of the contracting process

The Border to Coast Pensions Partnership Ltd has awarded a contract for Third Party Administration & Depository Services. The procurement falls under the services category for pension fund administration. The contract has a value of £1,000,000 and is set to start on October 31, 2022, with a contract period ending on October 30, 2032. The tender process was initiated on May 9, 2022, with the award announced on October 30, 2022. The buying organisation is based in Leeds, United Kingdom.

This tender award presents opportunities for businesses offering Third-Party Administration and Depository Services to pension funds. Companies well-suited to compete are those with experience in financial services and large-scale administration. As the contracting authority is a pensions partnership, expertise in pension fund administration would be advantageous for businesses seeking to engage in similar opportunities.

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Notice Information

Notice Title

Third Party Administration & Depository Services

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for a Framework agreement for the provision of Third-Party Administration and Depository Services between Border to Coast Pensions Partnership Limited and two Northern Trust branches (The Northern Trust Company, London Branch and Northern Trust Investor Services Limited.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5bc2ff81-5ec7-4918-b96f-740172853223
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3821c7b9-c103-4b41-a7b5-515cf2375da0
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Nov 20223 years ago
Submission Deadline
9 May 2022Expired
Future Notice Date
Not specified
Award Date
30 Oct 20223 years ago
Contract Period
31 Oct 2022 - 30 Oct 2032 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
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
LEEDS
Postcode
LS1 2HJ
Postcode Area
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
2
Supplier Names

Northern Trust Investor Services Limited

The Northern Trust Company

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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