---
title: "Global Custody Services"
ocid: "ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2019-04-09"
---

# Global Custody Services

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3.json)

## Summary

The Isle of Wight Council has recently completed a public procurement process for Global Custody Services, aimed at managing its pension fund. The tender was categorised under pension fund management services and has a contract value of £125,100. The procurement method was classified as 'Other', and the tender period concluded on 8 April 2019. The awarded contract has a duration starting from 27 July 2019 to 26 July 2022, and the services are to be delivered in the South East region of the United Kingdom.

This tender presents an opportunity for businesses in the financial services industry, particularly those specialising in pension fund management and custody services, to expand their reach. Small and medium-sized enterprises (SMEs) are encouraged to consider participating in similar future tenders, as this particular process was designed with them in mind. Engaging with public-sector contracts like this can enhance business growth and open up new avenues for collaboration with established suppliers, such as The Northern Trust Company, the awarded contractor in this instance.

## Notice

Isle of Wight Council Pensions Global Custody Services.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7f1466d4-48a4-4d7a-8163-30e118873b04 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Apr 2019 |
| Submission deadline | 8 Apr 2019 |
| Future notice date | Not specified |
| Award date | 8 Apr 2019 |
| Contract period | 26 Jul 2019 - 26 Jul 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £125,100 |
| Lots value | Not specified |
| Awards value | £125,100 |
| 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 | ISLE OF WIGHT COUNCIL |
| Locality | NEWPORT |
| Post town | Portsmouth |
| Postcode | PO30 1UD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ34 Isle of Wight |
| Local authority | Isle of Wight |
| Electoral ward | Newport Central |
| Westminster constituency | Isle of Wight West |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | THE NORTHERN TRUST |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66141000 - Pension fund management services

## Release History

- 9 Apr 2019 at 09:36 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7f1466d4-48a4-4d7a-8163-30e118873b04

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7f1466d4-48a4-4d7a-8163-30e118873b04
  9th April 2019 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.iwight.com

## 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-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8a82b5d0-8026-42c5-b22f-afe0a9a051b3.json.