{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-02eb9e-2026-03-31T13:23:42+01:00", "date": "2026-03-31T13:23:42+01:00", "ocid": "ocds-h6vhtk-02eb9e", "initiationType": "tender", "tender": { "id": "NCCT42038", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "Multi Provider Framework Agreement for the Provision of Global Custody Services Primarily in Support of the Local Government Pension Scheme", "status": "complete", "classification": { "scheme": "CPV", "id": "66160000", "description": "Trust and custody services" }, "mainProcurementCategory": "services", "description": "Norfolk County Council undertook a Further Competition under the National LGPS Multi-Provider Framework Agreement NCCT42038 for the provision of Global Custody Services.", "lots": [ { "id": "1", "description": "Multi Provider Framework Agreement for the provision of Global Custody Services primarily in support of the Local Government Pension Scheme", "awardCriteria": { "criteria": [ { "name": "Pre-evaluated Technical Capabilities", "type": "quality", "description": "40" }, { "name": "On-line System", "type": "quality", "description": "12" }, { "name": "Client Service Team", "type": "quality", "description": "8" }, { "name": "Reporting", "type": "quality", "description": "12" }, { "name": "Transition/Onboarding", "type": "quality", "description": "8" }, { "type": "price", "description": "20" } ] }, "hasOptions": false, "status": "cancelled", "contractPeriod": { "durationInDays": 1440 } } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UKH15" }, { "region": "UK" } ], "relatedLot": "1" } ], "procurementMethod": "limited", "procurementMethodDetails": "Award procedure without prior publication of a call for competition", "reviewDetails": "The Public Contracts Regulations 2015 (as amended) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern EN Standard form 02 - Contract Notice 12/19 Ireland). Proceedings must be brought within 30 days from the date of knowledge (the date on which the economic operator first knew or ought to have known that grounds for starting the proceedings had arisen) unless the Court considers that there is good reason for extending the period within which proceedings may be brought, in which case the Court may extend that period up to a maximum of 3 months from the date of knowledge.", "procurementMethodRationaleClassifications": [ { "id": "D_OUTSIDE_SCOPE", "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL", "description": "The procurement falls outside the scope of application of the directive" } ], "procurementMethodRationale": "This was a further competition under the National LGPS Multi-Provider Framework Agreement for the Provision of Global Custody Services NCCT42038" }, "awards": [ { "id": "025649-2021-NCCT42163-1", "relatedLots": [ "1" ], "status": "active", "suppliers": [ { "id": "GB-FTS-31618", "name": "The Northern Trust Company" } ] }, { "id": "029647-2026-NCCT42038-1", "relatedLots": [ "1" ], "status": "active", "suppliers": [ { "id": "GB-COH-FC005522", "name": "Bank of New York Mellon" }, { "id": "GB-COH-BR002088", "name": "State Street and Trust" }, { "id": "GB-COH-00014259", "name": "HSBC Bank plc" }, { "id": "GB-COH-BR016481", "name": "CACEIS Bank-UK Branch" }, { "id": "GB-COH-BR001960", "name": "The Northern Trust Company" } ] } ], "parties": [ { "id": "GB-FTS-31617", "name": "Norfolk County Council (As Administering Authority for Norfolk Pension Fund)", "identifier": { "legalName": "Norfolk County Council (As Administering Authority for Norfolk Pension Fund)" }, "address": { "streetAddress": "Martineau Lane", "locality": "NORWICH", "region": "UKH15", "postalCode": "NR12DH", "countryName": "United Kingdom" }, "contactPoint": { "email": "pensions@norfolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.norfolkpensionfund.org", "classifications": [ { "id": "REGIONAL_AUTHORITY", "scheme": "TED_CA_TYPE", "description": "Regional or local authority" }, { "id": "01", "scheme": "COFOG", "description": "General public services" } ] } }, { "id": "GB-FTS-31618", "name": "The Northern Trust Company", "identifier": { "legalName": "The Northern Trust Company" }, "address": { "locality": "London", "region": "UKI", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-1374", "name": "Norfolk County Council", "identifier": { "legalName": "Norfolk County Council" }, "address": { "locality": "Norwich", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] }, { "id": "GB-FTS-99117", "name": "NORFOLK COUNTY COUNCIL", "identifier": { "legalName": "NORFOLK COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "Martineau Lane", "locality": "NORWICH", "region": "UKH15", "postalCode": "NR12DH", "countryName": "United Kingdom" }, "contactPoint": { "name": "Julie Ward", "telephone": "+44 1603224320", "email": "sourcingteam@norfolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.norfolk.gov.uk", "buyerProfile": "https://in-tendhost.co.uk/norfolkcc/aspx/Home" } }, { "id": "GB-COH-FC005522", "name": "The Bank of New York Mellon", "identifier": { "legalName": "The Bank of New York Mellon", "id": "FC005522", "scheme": "GB-COH" }, "address": { "locality": "London", "region": "UKI", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-COH-BR002088", "name": "State Street Bank and Trust", "identifier": { "legalName": "State Street Bank and Trust", "id": "BR002088", "scheme": "GB-COH" }, "address": { "locality": "London", "region": "UKI", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-COH-00014259", "name": "HSBC Bank plc", "identifier": { "legalName": "HSBC Bank plc", "id": "00014259", "scheme": "GB-COH" }, "address": { "locality": "London", "region": "UKI", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-COH-BR016481", "name": "CACEIS Bank", "identifier": { "legalName": "CACEIS Bank", "id": "BR016481", "scheme": "GB-COH" }, "address": { "locality": "London", "region": "UKI", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-COH-BR001960", "name": "The Northern Trust Compnay", "identifier": { "legalName": "The Northern Trust Compnay", "id": "BR001960", "scheme": "GB-COH" }, "address": { "locality": "London", "region": "UKI", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-17874", "name": "Nplaw", "identifier": { "legalName": "Nplaw" }, "address": { "locality": "Norwich", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] } ], "buyer": { "id": "GB-FTS-99117", "name": "NORFOLK COUNTY COUNCIL" }, "contracts": [ { "id": "025649-2021-NCCT42163-1", "awardID": "025649-2021-NCCT42163-1", "status": "active", "value": { "amount": 500000, "currency": "GBP" }, "dateSigned": "2021-06-15T00:00:00+01:00" }, { "id": "029647-2026-NCCT42038-1", "awardID": "029647-2026-NCCT42038-1", "status": "active", "value": { "amount": 520000000, "currency": "GBP" }, "dateSigned": "2021-03-04T00:00:00Z", "period": { "durationInDays": 1800 }, "items": [ { "id": "1", "classification": { "scheme": "CPV", "id": "66160000", "description": "Trust and custody services" }, "deliveryAddresses": [ { "region": "UK" } ], "relatedLot": "1" } ], "amendments": [ { "id": "1", "description": "This modification extends the framework by 12 months, with the new expiry date being 8 February 2026. The reason for the extension is that the new procurement Act will potentially offer more flexibility for future Frameworks, which we believe will benefit the Global Custody Framework (e.g. competitive dialogue and longer Framework periods), maximising value for money for its users.", "rationale": "Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: The reason for the extension is that the new procurement Act will potentially offer more flexibility for future Frameworks, which we believe will benefit the Global Custody Framework (e.g. competitive dialogue and longer Framework periods), maximising value for money for its users." } ] } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 4 }, { "id": "2", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "3", "measure": "electronicBids", "relatedLot": "1", "value": 4 } ] }, "language": "en" }