Award

Procurement of Investment Management Services for UK Listed Equity Alpha Fund

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

14 Apr 2022 at 13:41

Award Notice
Summary of the contracting process

The contract for the Procurement of Investment Management Services for the UK Listed Equity Alpha Fund has been awarded by Border to Coast Pensions Partnership Ltd, located in Leeds, United Kingdom. This contract, estimated at £10,800,000 for a four-year term, is classified under pension fund management services. The procurement method used was an open procedure, with the tender period closing on 2nd July 2021, and the contract effective from 7th January 2022 until 7th January 2026. This project falls within the services sector and highlights the active status of the award, with two suppliers, Lindsell Train Ltd and RWC Asset Management LLP, successfully securing the contract.

This procurement presents significant growth opportunities for companies specialising in investment management and pension fund services. Businesses that offer innovative financial solutions and have substantial experience in asset management would be well-suited to compete in similar tenders. The open nature of the procurement process encourages larger firms seeking to expand their market presence, while also allowing niche players with specialised expertise to participate and potentially collaborate with key industry players.

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Notice Information

Notice Title

Procurement of Investment Management Services for UK Listed Equity Alpha Fund

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for Investment Management Services for UK Listed Equity Alpha Fund. Please note that the contract value is an estimate, dependent on AUM and based on a 4 year term - however this an open ended contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ea360538-44f9-447d-a7d7-f6c2db291aa2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/925868af-8b95-4e30-b4c8-102f69842f49
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
£10,800,000 £10M-£100M
Lots Value
Not specified
Awards Value
£10,800,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20223 years ago
Submission Deadline
2 Jul 2021Expired
Future Notice Date
Not specified
Award Date
6 Jan 20224 years ago
Contract Period
7 Jan 2022 - 7 Jan 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
BORDER TO COAST PENSIONS PARTNERSHIP LTD
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
Post Town
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
2
Supplier Names

LINDSELL TRAIN

RWC ASSET MANAGEMENT

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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