---
title: "Review of Custody Arrangements"
ocid: "ocds-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "WOLVERHAMPTON CITY COUNCIL"
published: "2020-02-07"
---

# Review of Custody Arrangements

Buyer: WOLVERHAMPTON CITY COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f

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## Summary

The Wolverhampton City Council is seeking bids for a service contract titled "Review of Custody Arrangements," aimed at evaluating the current Custodian arrangements for the West Midlands Pension Fund. This procurement, classified under the industry category of financial and insurance services, is currently in the Tender stage, with bids due by 24 February 2020. The total contract value is £25,000, and the selected services will commence on 2 March 2020, concluding by 2 June 2020. The procurement follows an open procedure below the threshold, enabling broad participation.

This tender presents significant opportunities for businesses specialising in financial consultancy, custody services, or related sectors to engage with a notable public sector client. Firms that possess expertise in conducting service reviews, benchmarking analyses, and contractual assessments would be particularly well-suited to compete. Engaging with Wolverhampton City Council may allow these companies to showcase their capabilities, potentially leading to further collaborative opportunities within public procurement.

## Notice

This service agreement is to review West Midlands Pension Fund's existing Custodian arrangements which will cover a review of the current custody services provided. To conduct analysis and provide opinion, benchmarking them against industry peers, value for money benchmarking considerations, a review of the products and services supplied by the existing custodian, a contractual review, a service level agreement review and recommendations regarding the reviews carried out.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a85d1ec3-7d4a-4fe2-80c9-9353ac70fed2 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Feb 2020 |
| Submission deadline | 24 Feb 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 2 Mar 2020 - 2 Jun 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £25,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WOLVERHAMPTON CITY COUNCIL |
| Locality | WOLVERHAMPTON |
| Post town | Wolverhampton |
| Postcode | WV1 1XP |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG39 Wolverhampton |
| Local authority | Wolverhampton |
| Electoral ward | Heath Town |
| Westminster constituency | Wolverhampton North East |
| Delivery location | TLG West Midlands (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 7 Feb 2020 at 16:01 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a85d1ec3-7d4a-4fe2-80c9-9353ac70fed2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a85d1ec3-7d4a-4fe2-80c9-9353ac70fed2
  7th February 2020 - Opportunity notice on Contracts Finder

## 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-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9cb38dc0-32b4-4ccc-beac-97a45c8b2a8f.json.