This public procurement record has 1 release in its history.

Award

03 Nov 2021 at 16:36

Summary of the contracting process

The procurement process involves Border to Coast Pensions Partnership Ltd, which successfully awarded a contract for the "Procurement of Investment Management Services for Multi Asset Credit". This contract is categorised under pension fund management services and is located in the United Kingdom. The contract has a total value of £10,000,000 and was awarded on 27th July 2021. The contract period runs from 28th July 2021 to 28th July 2022, and the procurement method used was an open procedure.

This tender presents significant opportunities for established investment management firms looking to expand their portfolio in the pension fund management sector. Businesses with expertise in multi-asset credit investments, particularly larger firms due to the scale of the contract, would be particularly well-suited to compete for similar contracts in the future. The nature of the services required may encourage partnerships or collaborations among firms, enabling a broader approach to managing pension investments effectively.

How relevant is this notice?

Notice Title

Procurement of Investment Management Services for Multi Asset Credit

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for Investment Management Services for the Multi Asset Credit Fund.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d16dfdec-6340-492e-830a-9b98f331638c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8575c419-72d1-4630-9072-b5492cb427b5
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
£10,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£10,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Nov 20214 years ago
Submission Deadline
20 Mar 2020Expired
Future Notice Date
Not specified
Award Date
27 Jul 20206 years ago
Contract Period
28 Jul 2021 - 28 Jul 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 Limited
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
Postcode Area
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
4
Supplier Names

Wellington Management International Limited

Ashmore Investment Management Limited

PGIM Limited

Baring International Fund Managers (Ireland) Limited

Further Information

Notice Documents

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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