Award

Procurement for Emerging Market Equities China Specialist Mandate

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

12 May 2021 at 14:40

Summary of the contracting process

Border to Coast Pensions Partnership Ltd has recently awarded two contracts for the "Procurement for Emerging Market Equities China Specialist Mandate." This procurement process falls under the industry category of pension fund management services, and the awarded contracts are in the United Kingdom. The contracts, valued at approximately £2.5 million in total, were awarded on 21st September 2020 following an open procurement method. The contract period runs from 15th March 2021 to 15th March 2022, with the tender period having ended on 29th May 2020.

This tender presents valuable opportunities for businesses within the financial services sector, particularly those specialising in investment management and equity services. Firms that focus on emerging markets or have expertise in the Chinese equity market would be well-suited to compete for similar contracts in the future. Additionally, the lengthy and open-ended nature of these contracts may appeal to large-scale providers looking to establish long-term partnerships with public sector organisations like Border to Coast Pensions Partnership Ltd.

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Notice Title

Procurement for Emerging Market Equities China Specialist Mandate

Notice Description

Border to Coast Pensions Partnership Ltd has awarded two contracts for Investment Management Services for specialist China equity managers to supplement its existing Emerging Market Equity Sub-Fund. One contract has been awarded to UBS for PS1.5m and one contract has been awarded to FountainCap for PS1m. Please note that these contract values are an estimate over a one year term however these are open ended contracts.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67b9abdb-43b3-49d5-888b-0b12f063aed2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d6904fd-c265-47a6-8702-64690210adc5
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
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20214 years ago
Submission Deadline
29 May 2020Expired
Future Notice Date
Not specified
Award Date
20 Sep 20205 years ago
Contract Period
15 Mar 2021 - 15 Mar 2022 1-2 years
Recurrence
Not specified

Notice Status

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

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
2
Supplier Names

FOUNTAINCAP

UBS

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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