Tender

GSV2311 - PCPF Custodian

THE TRUSTEES OF THE PARLIAMENTARY CONTRIBUTORY PENSION FUND

This public procurement record has 1 release in its history.

Tender

25 Oct 2021 at 15:16

Summary of the contracting process

The procurement process titled "GSV2311 - PCPF Custodian" is currently active, initiated by The Trustees of the Parliamentary Contributory Pension Fund, and is part of the services sector, specifically focusing on pension fund management services. Located in Westminster, London, this open procedure tender has a submission deadline of 12:00 (noon - UK time) on 26 November 2021. The contract value is estimated at £1,100,000, with a total duration of 1800 days. Tender submissions must be made electronically via the UK Parliament's e-procurement portal, adhering to specific submission guidelines to ensure compliance.

This tender presents significant opportunities for businesses specializing in custody services, particularly those with experience in working with UK Pension Fund arrangements. Companies that meet the required financial stability criteria and can offer a robust global custody network will find this opportunity advantageous for growth and expansion within the public sector. It is particularly suited for financial institutions and service providers focused on investment accounting, asset safekeeping, and performance measurement services in a multi-manager investment structure.

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Notice Title

GSV2311 - PCPF Custodian

Notice Description

The Parliamentary Contributory Pension Fund ("the Fund") is a statutory public service pension scheme under the Parliamentary and Other Pensions Act 1972. The Trustees of the Fund are seeking to appoint a global custodian to provide custody services to the Fund. The global custodian is to provide a global custody network (either directly or via a sub custodian arrangement) for safekeeping and settlement of assets, investment accounting and performance measurement services, supporting a multi-manager investment structure covering the major and alternative asset classes held in segregated mandates and pooled funds. Tenderers must be able to demonstrate the ability to work with UK Pension Fund arrangements and meet certain minimum financial stability criteria.

Lot Information

Lot 1

The SQ/ITT documents are accessible via UK Parliament's e-procurement portal: http://in-tendhost.co.uk/parliamentuk. Tender submissions must be uploaded to the e-procurement portal; electronic responses submitted via e-mail are not acceptable. To access these documents select the tender reference GSV2311 in the 'current tenders' list, click on the 'view tender details' and express interest by clicking on the button provided. You will need to register your company details, thereafter you will be issued with a username and password. If you have previously registered with In-Tend, please follow the link shown which will redirect you to the home page where you can log on using your existing username and password to collect the tender documents. If you have registered and forgotten your username and password, click on the 'forgotten password' link on the In-Tend homepage. Please keep this username and password secure and do not pass it to any third parties. If you are experiencing problems, please contact the PPCS Business Support team via email: ppcs@parliament.uk for further assistance. You are advised to allow sufficient time when responding to this ITT, and for the full uploading of documents, prior to the closing date of 12.00 (noon - UK time) on 26/11/21. Late tenders will not be accepted. If you are uploading multiple documents you will have to individually load one document at a time or you can opt to zip all the documents in an application such as WinZip or WinRAR.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02efaf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026690-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£1,100,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Oct 20214 years ago
Submission Deadline
26 Nov 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE TRUSTEES OF THE PARLIAMENTARY CONTRIBUTORY PENSION FUND
Contact Name
Victoria Carpenter
Contact Email
carpenterv@parliament.uk
Contact Phone
+44 2072193711

Buyer Location

Locality
LONDON
Postcode
SW1A 0AA
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI32 Westminster

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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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