Award

Custodian Services

NORTH YORKSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

28 Mar 2022 at 15:07

Summary of the contracting process

The North Yorkshire County Council has successfully awarded a contract for Custodian Services related to pensions. This procurement process falls under the pension fund management services industry and is located in Yorkshire and the Humber, United Kingdom. The tender was completed on 2nd March 2022, following a direct award method. The contract, valued at just over £168,000, commenced on 1st April 2022 and will run until 31st March 2025.

This contract presents a valuable opportunity for businesses specialising in pension fund management, insurance, and related consultancy services. Companies that can provide robust custodial services for pension funds, especially small and medium-sized enterprises (SMEs), may find this tender aligns well with their offerings. Engaging with public sector contracts like this one can significantly enhance a business's portfolio and foster growth in a competitive market.

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Notice Title

Custodian Services

Notice Description

Custodian Services - Pensions

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c274c3cf-44b7-494b-b749-4b0c52399791
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/67021eca-419a-422c-a15f-9e54a1304835
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

66500000 - Insurance and pension services

66520000 - Pension services

66522000 - Group pension services

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£168,001 £100K-£500K
Lots Value
Not specified
Awards Value
£168,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Mar 20223 years ago
Submission Deadline
1 Mar 2022Expired
Future Notice Date
Not specified
Award Date
2 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2025 3-4 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
NORTH YORKSHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORTHALLERTON
Postcode
DL7 8AD
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE22 North Yorkshire
Delivery Location
TLE Yorkshire and The Humber

Local Authority
North Yorkshire
Electoral Ward
Romanby
Westminster Constituency
Richmond and Northallerton

Supplier Information

Number of Suppliers
1
Supplier Name

NORTHERN TRUST

Open Contracting Data Standard (OCDS)

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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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