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Award of CT1544 Global Custody Services

The City of Edinburgh Council

This public procurement record has 1 release in its history.

Award

19 Feb 2026 at 09:51

PCS Notice - Quick Quote Award
Summary of the contracting process

The City of Edinburgh Council has concluded the award stage of a procurement process for Global Custody Services required by the Lothian Pension Fund. The services fall under the financial and insurance sector, specifically focusing on trust and custody related activities. The procurement was initiated with a mini competition under the National LGPS Framework Agreement, and Northern Trust was named as the supplier for this task, with an award valued at £4,000,000. Key dates include the tender's initiation on 3rd January 2026, marking its commencement in Edinburgh, Scotland, with activities proceeding through till the award on 19th February 2026.

This tender, centered around the provision of Global Custody Services, represents substantial business growth opportunities within the financial services industry, especially for companies specializing in trust and custody roles. Businesses with a proven track record in managing and safeguarding financial assets would find this opportunity particularly rewarding. It highlights the continued demand for expert custodial management and offers a lucrative engagement for professionals within the sector, fostering expansion and deeper penetration of financial service providers in the market governed by public sector financial operations.

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Notice Information

Notice Title

Award of CT1544 Global Custody Services

Notice Description

Lothian Pension Fund is seeking to appoint a Provider for the provision of Global Custody Services. A mini competition is being undertaken utilising the National LGPS Framework Agreement for Global Custody Services (Reference:NCCT42038).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000810720
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB549944
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Quick Quote Award
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

66000000 - Financial and insurance services

66160000 - Trust and custody services

66162000 - Custody services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Feb 20266 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Feb 20266 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The City of Edinburgh Council
Additional Buyers

Clackmannanshire Council

Fife Council

Forestry and Land Scotland

Inverness College UHI (Also known as UHI Inverness)

NHS Greater Glasgow and Clyde

NHS Lanarkshire

North Lanarkshire Council

Perth & Kinross Council

Scottish Environment Protection Agency

Scottish Government

Scottish Government- SASA

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ABERDEEN
Postcode
EH8 8BG
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
Not specified
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
24
Supplier Names

3x1

AECOM

Ace Taxis Perth Ltd

AtkinsRealis UK Limited

BMES (Scotland) Ltd.

Blake Stevenson Ltd

CAS DUNCAN

Collecte Localisation Satellites (CLS)

Continuity2 Ltd

Currie & Brown UK Limited

Echomaster Marine Limited

Fairways (GM) Ltd.

Fisher Scientific UK

KSO Research Limited

Largs Yacht Haven Ltd

Liaison Financial Services Ltd

Life Technologies Ltd

MAN Truck & Bus UK Ltd

Northern Trust

Playscapes Scotland Ltd

Pye Tait Ltd (trading as Pye Tait Consulting)

ScotFast Limited

University of Strathclyde Department of Architecture

Water Rescue Scotland

Further Information

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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