---
title: "Northern LGPS Property Framework"
ocid: "ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "TAMESIDE METROPOLITAN BOROUGH COUNCIL"
published: "2021-03-02"
---

# Northern LGPS Property Framework

Buyer: TAMESIDE METROPOLITAN BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4

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## Summary

The procurement process, titled "Northern LGPS Property Framework," is being conducted by Tameside Metropolitan Borough Council, focusing on the investment property management services sector within the UK. This open tender aims to establish a framework comprising six Lots, enabling various funds to procure services as needed. The tender was published on 11th May 2020, with an application deadline of 3rd July 2020, and it is currently at the award stage following completion on 2nd March 2021. The total value of mandates across the three involved funds is approximately £2 billion, with potential awards estimated between £2 billion and £2.5 billion over the framework's lifetime, which runs until 31st August 2027.

This tender presents significant opportunities for growth, particularly for SMEs engaged in investment property management services. Businesses that can navigate the procurement process effectively and are well-suited to contribute to the six specific Lots stand to gain considerable new contracts. With the substantial financial value and the diversity of service requirements, firms specialising in property management, investment consultancy, and related fields would be ideal candidates for participation and collaboration in this framework.

## Notice

The Northern LGPS (GMPF, MPF, & WYPF) wishes to set up a framework for Investment Property Management Services. Full details of the requirements are set out in the tender pack. In summary, the framework will comprise 6 areas of work divided into Lots. Each Lot will have a number of providers, from whom each of the funds can procure services by way of a mini-competition depending on its needs. As can be seen, the current total value of mandates across all three funds is PS2 billion (PS2,000,000,000). Some of the current mandates overlap across the way the Lots have been divided up, and so the total amount of mandated work from a particular fund may not increase significantly when divided across the Lots. The Northern LGPS estimates that mandates totalling approximately PS2 bn - PS2.5 bn may be awarded under the lifetime of the framework across all Lots. Additional information: DO NOT contact the buyer direct. You should go to the Chest and electronically express your interest in the requirement, after which point the necessary documentation will be made available to you. All correspondence in regards to this requirement must through the messages function of the Chest, no correspondence will be issued by STAR, the Council, or GMPF outside of the Chest.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/612840cc-5749-4e19-aacd-d749813d9cb3 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large, SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Mar 2021 |
| Submission deadline | 3 Jul 2020 |
| Future notice date | Not specified |
| Award date | 4 Jan 2021 |
| Contract period | 15 Mar 2021 - 14 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £12,000,000 |
| Lots value | Not specified |
| Awards value | £12,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TAMESIDE METROPOLITAN BOROUGH COUNCIL |
| Locality | SALE |
| Post town | Manchester |
| Postcode | M33 7ZF |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD34 Greater Manchester South West |
| Local authority | Trafford |
| Electoral ward | Sale Central |
| Westminster constituency | Wythenshawe and Sale East |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 24 |
| Supplier names | ABERDEEN STANDARD INVESTMENTS; AEW UK INVESTMENT MANAGEMENT; APAM; AVISON YOUNG (UK; AVIVA INVESTORS; BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LI; CBRE CAPITAL ADVISORS; CBRE GLOBAL INVESTORS; COLLIERS INTERNATIONAL PROPERTY ADVISERS; COLUMBIA THREADNEEDLE INVESTMENT; CUSHMAN & WAKEFIELD; DTZ INVESTMENT MANAGEMENT; FEDERATED HERMES; KNIGHT FRANK; LASALLE INVESTMENT MANAGEMENT; LGIM; M&G REAL ESTATE; MAYFAIR CAPITAL INVESTMENT MANAGEMENT; PALMER CAPITAL; PGIM REAL ESTATE; PRAXIS REAL ESTATE MANAGEMENT; SAVILLS (UK; SCHRODERS; UBS GLOBAL ASSET MANAGEMENT |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services

## Release History

- 2 Mar 2021 at 10:22 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/612840cc-5749-4e19-aacd-d749813d9cb3
- 11 May 2020 at 07:50 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/608fd283-854a-441f-bad7-55aa09a806cf

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/612840cc-5749-4e19-aacd-d749813d9cb3
  2nd March 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/608fd283-854a-441f-bad7-55aa09a806cf
  11th May 2020 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=7f1d9d79-1c83-ea11-80ff-005056b64545
  The Chest

## Notice URLs

- http://www.star-procurement.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4.json.