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NRW/30179 Money Market Funds

NORWICH CITY COUNCIL

This public procurement record has 1 release in its history.

Award

09 Jul 2026 at 13:41

UK7 - Contract Details Notice
Summary of the contracting process

Norwich City Council has completed a public procurement process for "NRW/30179 Money Market Funds," which falls under the services category, specifically targeting financial market operational services. The contract was awarded through a limited competition method below the threshold, indicating a focused pool of competitors. Located in the UKH15 region, the procurement process has transitioned from the tender stage to the award stage, with HSBC Global Asset Management Limited successfully securing the contract. Key dates include the contract period starting on 4th December 2025 and concluding on 3rd December 2030, with the contract being signed on 4th December 2025. The procurement was part of initiatives requiring legal compliance under the UK Parliament legislation 2023/54.

This procurement offers significant growth opportunities for businesses operating in the financial services sector, particularly those specialising in financial market operational services. Firms with experience in managing money market funds, aiming to expand their public sector clientele, would find such tenders rewarding. The focus on below-threshold procurement suggests a streamlined application process, making it accessible to various-sized businesses that can demonstrate financial expertise and capacity to engage with public authority requirements. Such opportunities can serve as a springboard for expanding market presence within the United Kingdom's public sector financial services landscape.

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Notice Information

Notice Title

NRW/30179 Money Market Funds

Notice Description

Procurement of Money Market Funds

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c7a5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/064772-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66151000 - Financial market operational services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£50,000 Under £100K

Notice Dates

Publication Date
9 Jul 20266 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Dec 20257 months ago
Contract Period
4 Dec 2025 - 3 Dec 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORWICH CITY 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
NORWICH
Postcode
NR2 1NH
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
Mancroft
Westminster Constituency
Norwich South

Supplier Information

Number of Suppliers
1
Supplier Name

HSBC GLOBAL ASSET MANAGEMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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