Award

Fund Administration Benchmarking

LONDON LGPS CIV LIMITED

This public procurement record has 1 release in its history.

Award

20 Oct 2025 at 12:31

Summary of the contracting process

The procurement process for "Fund Administration Benchmarking" was conducted by LONDON LGPS CIV LIMITED, a public authority in the sub-central government sector, located at 4th Floor, 22 Lavington Street, London, UK. This contract, identified as 066713-2025, pertains to the services industry, specifically financial consultancy services, and was awarded through a direct procurement method below threshold, without competition. The process is in the award stage, with the contract period beginning on 28th October 2025 and concluding on 30th November 2025. The milestone for the signature of the contract is scheduled for 25th October 2025.

This tender presents a significant opportunity for businesses specialising in fund administration and custodian services. The procurement, awarded to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED, involves benchmarking the costs associated with these services. Large-scale financial consultancy firms, particularly those with expertise in rate card benchmarking, would be well-suited to engage in such opportunities, especially given the short-term contract period and the potential for future collaborations with LONDON LGPS CIV LIMITED. Such engagements can lead to growth through the enhancement of service portfolios and development of specialised financial consulting capabilities.

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Notice Title

Fund Administration Benchmarking

Notice Description

Benchmarking of costs for the provision of Fund Administration & Custodian services

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cfc2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066713-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£48,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 Oct 20254 months ago
Contract Period
28 Oct 2025 - 30 Nov 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON LGPS CIV LIMITED
Contact Name
Not specified
Contact Email
procurement@londonciv.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SE1 0NZ
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

ALPHA FINANCIAL MARKETS CONSULTING

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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