Planning

A multi Provider Framework Agreement for the Provision of Global Custody Services

NORFOLK COUNTY COUNCIL

This public procurement record has 1 release in its history.

Planning

24 May 2025 at 11:31

UK1 - Pipeline Notice
Summary of the contracting process

Norfolk County Council is in the planning stage of a procurement process for establishing a multi-provider framework agreement for the provision of Global Custody Services. With a total projected value of £15,000,000, this service-oriented procurement falls under the pension services category. The process initiation date was 24th May 2025, and the anticipated release date for future notices is set for 1st September 2025. The contract period is planned to commence on 1st January 2026 and will span until 1st January 2030, targeting businesses within the UKH15 region of Norwich.

This procurement presents significant opportunities for growth, particularly for firms specialising in the provision of pension services. Businesses with capability and experience in handling global custody services through framework agreements will find this tender particularly appealing. The planned nature of this undertaking suggests an ample window for preparation, providing competitive companies the chance to align their operations with the specific requirements of Norfolk County Council. Engaging in this tender could provide substantial business growth through long-term partnership with a public authority at the sub-central government level.

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Notice Information

Notice Title

A multi Provider Framework Agreement for the Provision of Global Custody Services

Notice Description

Provision of A multi Provider Framework Agreement for the Provision of Global Custody Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05259e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027297-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£15,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
1 Sep 2025Expired
Award Date
Not specified
Contract Period
1 Jan 2026 - 1 Jan 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORFOLK COUNTY COUNCIL
Contact Name
Not specified
Contact Email
sourcingteam@norfolk.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NORWICH
Postcode
NR1 2DH
Post Town
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified
Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

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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