Award

Investment Grade - Investment Management Services

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

16 Jan 2020 at 15:31

Summary of the contracting process

Border to Coast Pensions Partnership Ltd has successfully awarded a contract for "Investment Grade - Investment Management Services" worth £3,356,000 to Royal London Asset Management Limited. This procurement falls under the industry category of pension fund management services and is located in the United Kingdom. The contract commenced on 13th January 2020 and is set to conclude on 13th January 2024. This tender process was in the Tender stage, with the submission deadline having ended on 24th July 2019.

This procurement represents a significant opportunity for businesses in the financial services industry, particularly those specialising in investment management and pension fund services. Firms that have the capacity to manage large-scale investment portfolios, especially those with expertise in credit mandates, would be particularly well-suited to compete in future tenders of this nature. The involvement of a major buyer such as Border to Coast Pensions Partnership Ltd indicates the potential for substantial projects that can contribute to business growth in the sector.

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Notice Title

Investment Grade - Investment Management Services

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for Procurement of Investment Management Services for a Sterling Investment Grade Credit Mandate to Royal London Asset Management Limited

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-700c0b48-ef2e-4807-8c1a-0ee8832b5fa1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/07ba911d-4e01-45d1-a9ad-bcfcb7745a4d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
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

66131100 - Pension investment services

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£3,356,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,356,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20206 years ago
Submission Deadline
24 Jul 2019Expired
Future Notice Date
Not specified
Award Date
25 Sep 20196 years ago
Contract Period
13 Jan 2020 - 13 Jan 2024 4-5 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
1
Supplier Name

ROYAL LONDON ASSET MANAGEMENT

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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