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Global Custody Services (Pensions)

LONDON BOROUGH OF HAMMERSMITH & FULHAM

This public procurement record has 1 release in its history.

Award

04 Aug 2026 at 09:12

Award Notice
Summary of the contracting process

The public procurement process for Global Custody Services (Pensions) was concluded by the London Borough of Hammersmith & Fulham, serving as the buyer, and has reached the award stage. Northern Trust Company (The) has been contracted as the supplier for the provision of custody services, under a selective procurement method through a call-off from a framework agreement. This contract, classified under CPV code 66162000, commenced on 23rd June 2025 and will continue until 22nd June 2035. The service is primarily located in London, United Kingdom, with a total contract value of £433,020.

This tender provides substantial opportunities for businesses capable of delivering large-scale financial services, particularly those specialising in managing strategic assets and custody services. While suitability is not marked for SMEs or voluntary, community and social enterprises (VCSEs), large-scale enterprises with the necessary capacity and expertise are well-positioned to benefit from such long-term contracts in this industry sector. The procurement process uses a framework agreement, offering a streamlined opportunity for qualified providers to engage in similar future contracts.

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Notice Information

Notice Title

Global Custody Services (Pensions)

Notice Description

Contract Award Notice - Global Custody Services (Pensions)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-942a535d-b35b-4885-a645-d3efeef69c6a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e1ab7b28-b735-44a8-af7f-06b9fba6a300
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66162000 - Custody services

Notice Value(s)

Tender Value
£433,020 £100K-£500K
Lots Value
Not specified
Awards Value
£433,020 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Aug 2026Yesterday
Submission Deadline
6 Jan 2025Expired
Future Notice Date
Not specified
Award Date
22 Jun 20251 years ago
Contract Period
22 Jun 2025 - 22 Jun 2035 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
LONDON BOROUGH OF HAMMERSMITH & FULHAM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W6 9JU
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI London
Local Authority
Hammersmith and Fulham
Electoral Ward
Hammersmith Broadway
Westminster Constituency
Hammersmith and Chiswick

Supplier Information

Number of Suppliers
1
Supplier Name

NORTHERN TRUST COMPANY (THE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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