---
title: "CORP - LCC/LPFA Pension Fund Depositary and Custody Services"
ocid: "ocds-b5fd17-927fb5dd-adc8-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-927fb5dd-adc8-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-927fb5dd-adc8-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-927fb5dd-adc8-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LANCASHIRE COUNTY COUNCIL"
published: "2017-12-19"
---

# CORP - LCC/LPFA Pension Fund Depositary and Custody Services

Buyer: LANCASHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-927fb5dd-adc8-11e6-9901-0019b9f3037b

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## Summary

The procurement process for the "CORP - LCC/LPFA Pension Fund Depositary and Custody Services" has been completed by Lancashire County Council, based in Preston, England. This process involved the provision of depositary, custody, registrar, and administration services for the Lancashire County Council in partnership with the London Pensions Fund Authority. The procurement method was an open procedure, with the contract period lasting from 1st April 2016 to 31st March 2021. The total contract value was £40 million, and the procurement documentation was published on 14th July 2015, with the tender period concluding on 14th August 2015.

This tender presents significant opportunities for businesses specialising in financial and administrative services, particularly those experienced in custody services and pension fund management. Companies that can offer comprehensive solutions, including asset safekeeping, trade settlements, and fund administration, would be well-positioned to compete in future tenders of a similar nature. The collaboration between Lancashire County Council and the Local Pensions Partnership indicates a robust demand for experienced providers in the public sector's asset management sphere.

## Notice

This is a request for proposal for the procurement for the award of: (i) depositary and custody services; (ii) registrar and transfer agency services; (iii) administration services. for Lancashire County Council working in partnership with London Pensions Fund Authority. LCC and LPFA are looking to appoint a service provider to act as Depositary, Custodian (including safekeeping of assets, trade settlement, tax collection, corporate actions, proxy voting), Fund Administrator, Fund Accountant, Transfer Agent etc. for the pool of assets that will form the ACS. The Depositary will undertake a key role in overseeing the services provided in relation to the ACS and is therefore considered a vital role within this procurement process.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/333a8d3e-53de-43d2-a9e7-d8ca1c2497cd |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Other - completed by the Local Pensions Partnership |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Dec 2017 |
| Submission deadline | 14 Aug 2015 |
| Future notice date | Not specified |
| Award date | 30 Mar 2016 |
| Contract period | 31 Mar 2016 - 31 Mar 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | LANCASHIRE COUNTY COUNCIL |
| Locality | PRESTON |
| Post town | Preston |
| Postcode | PR1 8XJ |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD4 Lancashire |
| ITL 3 | TLD45 Mid Lancashire |
| Local authority | Preston |
| Electoral ward | City Centre |
| Westminster constituency | Preston |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | COMPLETED BY THE LOCAL PENSIONS PARTNERSHIP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 66132000 - Commodity brokerage services
- 66141000 - Pension fund management services
- 66162000 - Custody services
- 72310000 - Data-processing services

## Release History

- 19 Dec 2017 at 10:21 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/333a8d3e-53de-43d2-a9e7-d8ca1c2497cd
- 18 Nov 2016 at 20:17 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/32d2a2cb-8ca5-433c-be85-c1ee9ede4c80

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/333a8d3e-53de-43d2-a9e7-d8ca1c2497cd
  19th December 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/32d2a2cb-8ca5-433c-be85-c1ee9ede4c80
  14th July 2015 - Opportunity notice on Contracts Finder
- http://www3.lancashire.gov.uk/corporate/web/?siteid=6864&pageid=41137&e=e
  To apply please select this link

## Provenance

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