Tender

LGPS Central UK Direct Property Fund Administrator

LGPS CENTRAL LTD

This public procurement record has 2 releases in its history.

TenderAmendment

02 Jul 2021 at 15:38

Tender Notice
Tender

02 Jul 2021 at 15:38

Tender Notice
Summary of the contracting process

The procurement process aims to appoint a Fund Administrator for the LGPS Central UK Direct Property Fund, facilitated by LGPS Central Ltd, which is located in Wolverhampton, West Midlands. The tender is classified under the industry category of Financial and Insurance Services and is currently in the Tender stage, with the submission deadline set for 2 August 2021. The selected contractor will enter a contract starting from 1 November 2021 for a term of five years, with a potential extension available. The procurement method employed is a selective process, specifically a competitive dialogue, given that it is above the prescribed threshold.

This opportunity could significantly benefit businesses operating in financial and administrative services, particularly those with experience in fund management and administration. Companies that can demonstrate a structured approach and have a strong capability to identify and manage the entities involved will be well-positioned to compete. Moreover, organisations aiming to contribute to cost savings for partner funds may find this tender particularly appealing, as LGPS Central emphasises achieving efficiencies as a key objective.

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Notice Information

Notice Title

LGPS Central UK Direct Property Fund Administrator

Notice Description

LGPS Central will be the AIFM of the Property ACS and wishes to appoint a Fund Administrator. An overview of the services in respect of the Project is set out in the Selection Questionnaire document on the In-tend system. LGPS Central will appoint the Administrator for an initial term of five years with a possible subsequent extension of the same timeframe. A key objective of LGPS Central is to achieve cost savings for the Partner Funds and this is therefore a key objective for the Project. Organisations responding to this Process will need to clearly set out the structure, the arrangements it has or will put in place and identify all entities involved. Note that certain parts of the Selection Questionnaire are required to be completed on an individual organisation basis so groups of organisations and/or sub-contractors being relied upon will each need to ensure completion of the relevant question(s). Additional information: For any supplier interested in this opportunity, further information can be found in the Procurement Information Document that forms part of the procurement pack. This can be found at https://in-tendhost.co.uk/lgpscentral/aspx/Home Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e4960de5-73e7-4b8c-891c-f8c0d51a0e00
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
2 Jul 20214 years ago
Submission Deadline
2 Aug 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Nov 2021 - 1 Nov 2031 Over 5 years
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
Neil Wain
Contact Email
neil.wain@lgpscentral.co.uk
Contact Phone
+44 1902916203

Buyer Location

Locality
WOLVERHAMPTON
Postcode
WV1 3NB
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
TLG West Midlands (England)
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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