---
title: "Custodian Services"
ocid: "ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF NEWHAM"
published: "2022-11-28"
---

# Custodian Services

Buyer: LONDON BOROUGH OF NEWHAM  
Current stage: Award  
OCID: ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d.json)

## Summary

The London Borough of Newham has awarded a contract for Custodian Services for the LBN Pension Fund. The procurement process, initiated as a tender, was completed, with a total value of £204,000. The services fall under the financial and insurance industry category, with the contract starting on 19th September 2022 and ending on 18th September 2025. The buying organization is London Borough of Newham, located in London, England, with the procurement method specified as "Other - Waiver". The tender period ended on 5th September 2022.

This tender for Custodian Services presents an opportunity for businesses operating in the financial and insurance services sector. Companies providing financial custodian solutions or insurance services would be well-suited to compete for this contract. The successful bidder, The Northern Trust Company, a large-scale entity, has been awarded the contract, demonstrating potential for growth and collaboration within the sector.

## Notice

Custodian Service for the LBN Pension Fund

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a2fcdf30-8766-4d1f-b473-ac21df9ba9dd |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Waiver |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Nov 2022 |
| Submission deadline | 5 Sep 2022 |
| Future notice date | Not specified |
| Award date | 11 Sep 2022 |
| Contract period | 18 Sep 2022 - 18 Sep 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £204,000 |
| Lots value | Not specified |
| Awards value | £204,000 |
| 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 | LONDON BOROUGH OF NEWHAM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E16 2QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Royal Albert |
| Westminster constituency | West Ham and Beckton |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 28 Nov 2022 at 11:59 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a2fcdf30-8766-4d1f-b473-ac21df9ba9dd

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a2fcdf30-8766-4d1f-b473-ac21df9ba9dd
  28th November 2022 - Awarded contract 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-a97f89d2-e439-4c62-ab06-cf215b744b3d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a97f89d2-e439-4c62-ab06-cf215b744b3d.json.