Award

Rate Card Benchmarking

LONDON LGPS CIV LIMITED

This public procurement record has 1 release in its history.

Award

18 Mar 2026 at 14:41

Summary of the contracting process

The public procurement process entitled "Rate Card Benchmarking" was overseen by LONDON LGPS CIV LIMITED, a body governed by public law located in London, United Kingdom. This procurement falls under the services category and focuses on financial markets administration services. The tender was approached through a limited procurement method, allowing procurement without prior publication due to technical reasons. The process is complete as of 18 March 2026, and involved the benchmarking of commercial arrangements presented in responses to a Request for Proposals (RFP), with a contract value of £60,000 GBP awarded to ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED.

This tender presents growth opportunities for consultancy businesses with expertise in financial markets and the RFP process, particularly those that specialise in custody, depository, and fund accounting services. It is ideal for large-scale financial consultancy firms capable of providing independent assessments of commercial proposals. Through participation, businesses could strengthen their reputation in the public sector for delivering specialised financial services and gain access to collaborations with notable public bodies such as LONDON LGPS CIV LIMITED.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Title

Rate Card Benchmarking

Notice Description

Benchmark the RFP submissions from vendors for the services of Custody, Depository and Fund Accounting

Lot Information

Lot 1

Benchmarking of commercial arrangements included within RFP responses

Procurement Information

This work had to be undertaken by a Consultancy Firm with deep experience in the RFP process we were undertaking at the time. Given the high contract value of the RFP outcome, we felt that it was right that we obtain an independent assessment of the commercials being proposed by the bidders.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-066dd0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024689-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66150000 - Financial markets administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£60,000 Under £100K

Notice Dates

Publication Date
18 Mar 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Mar 20262 weeks ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LONDON LGPS CIV LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-066dd0-2026-03-18T14:41:03Z",
    "date": "2026-03-18T14:41:03Z",
    "ocid": "ocds-h6vhtk-066dd0",
    "initiationType": "tender",
    "tender": {
        "id": "P00625",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Rate Card Benchmarking",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66150000",
            "description": "Financial markets administration services"
        },
        "mainProcurementCategory": "services",
        "description": "Benchmark the RFP submissions from vendors for the services of Custody, Depository and Fund Accounting",
        "lots": [
            {
                "id": "1",
                "description": "Benchmarking of commercial arrangements included within RFP responses",
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "price"
                        }
                    ]
                },
                "hasOptions": false,
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66150000",
                        "description": "Financial markets administration services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethod": "limited",
        "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
        "procurementMethodRationaleClassifications": [
            {
                "id": "D_TECHNICAL",
                "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
                "description": "The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons"
            }
        ],
        "procurementMethodRationale": "This work had to be undertaken by a Consultancy Firm with deep experience in the RFP process we were undertaking at the time. Given the high contract value of the RFP outcome, we felt that it was right that we obtain an independent assessment of the commercials being proposed by the bidders."
    },
    "awards": [
        {
            "id": "024689-2026-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-COH-04710715",
                    "name": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED"
                }
            ]
        }
    ],
    "parties": [
        {
            "id": "GB-COH-09136445",
            "name": "LONDON LGPS CIV LIMITED",
            "identifier": {
                "legalName": "LONDON LGPS CIV LIMITED",
                "id": "09136445",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "4th Floor, 22 Lavington Street",
                "locality": "London",
                "region": "UKI44",
                "postalCode": "SE10NZ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Ian Inglis",
                "telephone": "+44 2080369030",
                "email": "ian.inglis@londonciv.org.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://londonciv.org.uk/",
                "classifications": [
                    {
                        "id": "BODY_PUBLIC",
                        "scheme": "TED_CA_TYPE",
                        "description": "Body governed by public law"
                    },
                    {
                        "id": "04",
                        "scheme": "COFOG",
                        "description": "Economic affairs"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-04710715",
            "name": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED",
            "identifier": {
                "legalName": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED",
                "id": "04710715",
                "scheme": "GB-COH"
            },
            "address": {
                "locality": "London",
                "region": "UK",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "joseph.sproul@alphafmc.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        },
        {
            "id": "GB-FTS-177698",
            "name": "Martin Gloyne",
            "identifier": {
                "legalName": "Martin Gloyne"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-COH-09136445",
        "name": "LONDON LGPS CIV LIMITED"
    },
    "contracts": [
        {
            "id": "024689-2026-1",
            "awardID": "024689-2026-1",
            "status": "active",
            "value": {
                "amount": 60000,
                "currency": "GBP"
            },
            "dateSigned": "2026-03-18T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 1
            }
        ]
    },
    "language": "en"
}