--- title: "LGPS Central UK Direct Property Fund Administrator" ocid: "ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LGPS CENTRAL LTD" published: "2021-07-02" --- # LGPS Central UK Direct Property Fund Administrator Buyer: LGPS CENTRAL LTD Current stage: Tender OCID: ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22.json) ## Summary The procurement process aims to appoint a Fund Administrator for the LGPS Central UK Direct Property Fund, facilitated by LGPS Central Ltd, which is located in Wolverhampton, West Midlands. The tender is classified under the industry category of Financial and Insurance Services and is currently in the Tender stage, with the submission deadline set for 2 August 2021. The selected contractor will enter a contract starting from 1 November 2021 for a term of five years, with a potential extension available. The procurement method employed is a selective process, specifically a competitive dialogue, given that it is above the prescribed threshold. This opportunity could significantly benefit businesses operating in financial and administrative services, particularly those with experience in fund management and administration. Companies that can demonstrate a structured approach and have a strong capability to identify and manage the entities involved will be well-positioned to compete. Moreover, organisations aiming to contribute to cost savings for partner funds may find this tender particularly appealing, as LGPS Central emphasises achieving efficiencies as a key objective. ## Notice LGPS Central will be the AIFM of the Property ACS and wishes to appoint a Fund Administrator. An overview of the services in respect of the Project is set out in the Selection Questionnaire document on the In-tend system. LGPS Central will appoint the Administrator for an initial term of five years with a possible subsequent extension of the same timeframe. A key objective of LGPS Central is to achieve cost savings for the Partner Funds and this is therefore a key objective for the Project. Organisations responding to this Process will need to clearly set out the structure, the arrangements it has or will put in place and identify all entities involved. Note that certain parts of the Selection Questionnaire are required to be completed on an individual organisation basis so groups of organisations and/or sub-contractors being relied upon will each need to ensure completion of the relevant question(s). Additional information: For any supplier interested in this opportunity, further information can be found in the Procurement Information Document that forms part of the procurement pack. This can be found at https://in-tendhost.co.uk/lgpscentral/aspx/Home Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e4960de5-73e7-4b8c-891c-f8c0d51a0e00 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive dialogue (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 2 Jul 2021 | | Submission deadline | 2 Aug 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Nov 2021 - 1 Nov 2031 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | 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 | LGPS CENTRAL LTD | | Locality | WOLVERHAMPTON | | Post town | Wolverhampton | | Postcode | WV1 3NB | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG39 Wolverhampton | | Local authority | Wolverhampton | | Electoral ward | St Peters | | Westminster constituency | Wolverhampton West | | Delivery location | TLG West Midlands (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 2 Jul 2021 at 15:38 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e4960de5-73e7-4b8c-891c-f8c0d51a0e00 - 2 Jul 2021 at 15:38 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e4960de5-73e7-4b8c-891c-f8c0d51a0e00 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/e4960de5-73e7-4b8c-891c-f8c0d51a0e00 2nd July 2021 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/LGPSCentral/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/lgpscentral/aspx/Home ## 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-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a155aa73-3e5b-4f0c-9880-cb56f0ea6e22.json.