Award

Pensions Global Custody 2024 (National LGPS Framework NCCT42038)

LINCOLNSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

22 Jan 2025 at 13:08

Award Notice
Summary of the contracting process

The contract involves Lincolnshire County Council procuring global custody services for its pension fund under the National LGPS Framework NCCT42038. Falling under the custody services industry category, this procurement is situated in the East Midlands, UK. The procurement process used a restricted procedure and progressed to the award stage, with CACEIS Investor Services being selected as the supplier. Key dates include the tender period ending on 7th October 2024, the contract award date on 17th October 2024, and the contract period running from 1st April 2025 to 31st March 2030. The total contract value is GBP 700,000.00.

This tender offers significant business growth opportunities, especially for large firms experienced in providing comprehensive custody services. Businesses specialising in financial services could leverage this contract to establish a long-term relationship with Lincolnshire County Council, thereby enhancing their reputation and expanding their portfolio in the public sector. Firms adept at handling large-scale and complex financial assets are particularly well-suited to compete for similar opportunities in this sector.

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Notice Information

Notice Title

Pensions Global Custody 2024 (National LGPS Framework NCCT42038)

Notice Description

Provision of global custody services to Lincolnshire County Council Pension Fund.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fdf42e62-79c2-4eb4-83f0-d339a18af70d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b7a1df2a-1e0d-4350-91b4-b73174c471fa
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66162000 - Custody services

Notice Value(s)

Tender Value
£700,000 £500K-£1M
Lots Value
Not specified
Awards Value
£700,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jan 20251 years ago
Submission Deadline
7 Oct 2024Expired
Future Notice Date
Not specified
Award Date
16 Oct 20241 years ago
Contract Period
31 Mar 2025 - 31 Mar 2030 Over 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
LINCOLNSHIRE 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
LINCOLN
Postcode
LN1 1YL
Post Town
Lincoln
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)
Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

CACEIS INVESTOR SERVICES

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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