Award

Global Custodian Services

MIDDLESBROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

30 Jun 2022 at 11:37

Award Notice
Summary of the contracting process

Middlesbrough Council is conducting a procurement process for Global Custodian Services within the financial and insurance services sector, located in the North East of England. The tender, initiated as a direct procurement via a single tender action, has a total value of £70,628. The contract is set to commence on 1st June 2022 and will extend until 31st May 2026. The final date for submitting bids was 11th April 2022, and the award was announced on 12th April 2022, with the details published on 30th June 2022.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) in the financial services sector to engage with a local authority, such as Middlesbrough Council. Businesses with expertise in custodian services and financial management would be particularly well-positioned to compete. Given the contract's duration, it offers a stable avenue for long-term collaboration and business growth, making it an attractive prospect for firms looking to build strong partnerships within public procurement.

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Notice Information

Notice Title

Global Custodian Services

Notice Description

.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d230e007-5ef0-439a-a5be-d21aaf360bda
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/500dc9ad-f321-455c-a4aa-06c01b390616
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£70,628 Under £100K
Lots Value
Not specified
Awards Value
£70,628 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jun 20223 years ago
Submission Deadline
11 Apr 2022Expired
Future Notice Date
Not specified
Award Date
11 Apr 20223 years ago
Contract Period
31 May 2022 - 31 May 2026 4-5 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
MIDDLESBROUGH 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
MIDDLESBROUGH
Postcode
TS1 2QQ
Post Town
Cleveland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)
Local Authority
Middlesbrough
Electoral Ward
Newport
Westminster Constituency
Middlesbrough and Thornaby East

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

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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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