---
title: "LGPS Central Recruitment"
ocid: "ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WOLVERHAMPTON CITY COUNCIL"
published: "2017-06-19"
---

# LGPS Central Recruitment

Buyer: WOLVERHAMPTON CITY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148.json)

## Summary

The procurement process for "LGPS Central Recruitment" is being conducted by Wolverhampton City Council, focusing on recruitment services for an alternative investment manager that will oversee assets for nine Midlands-based Local Government Pension Funds, with combined assets of around £40 billion. The current stage is the Award, having been published on 28 March 2017, with a submission deadline that was set for 20 April 2017. The contract period is expected to start from 2 May 2017 and run until 31 July 2017, specifically in the West Midlands region of the United Kingdom. The tender involves an open procurement method, with two distinct lots available for bids: one for Compliance/Legal/Risk positions and another for IT roles.

This tender represents a significant opportunity for executive search firms and recruitment agencies specialising in financial and compliance roles, particularly those with experience in working with regulated entities. Businesses that can demonstrate their ability to source and place suitable candidates for high-level executive positions would be particularly well-suited to compete for this contract. The successful firms will play a critical role in shaping the operational and investment performance of LGPS Central, potentially leading to further contract opportunities in a growing market associated with local government funds management.

## Notice

LGPS Central Ltd. has been set up to manage the assets of 9 Midlands-based Local Government Pension Funds on a pooled basis, in line with the wishes and expectations of Central Government. The first assets are expected to be transferred in April 2018 and considerable work has already been carried out to ensure that the necessary infrastructure will be in place in time for this date. The Funds currently have combined assets of c. PS40bn. LGPS Central will become an Alternative Investment Manager, and as such will be regulated by the Financial Conduct Authority (FCA). As a result some of the roles within the organisation will require 'approved person' status by the FCA. In order to ensure that the pool offers the Pension Funds both operational and investment performance excellence LGPS Central is looking to appoint individuals to three keys positions, split into two different lots (one for the Compliance/Legal/Risk posts and one for IT). Executive Search Firms are being sought to assist in the recruitment of these skilled individuals. Search Firms may apply for one of the lots or both, but if applying for both they must be by way of separate submissions. The appointments are expected to become effective well in advance of the date that the first assets will be transferred to the pool, and the individuals are expected to be key in building the processes and operational capabilities of the company. Submissions are sought from Executive Search Firms that have the experience and market presence to assist LGPS Central in the appointment of these key individuals, with a deadline for their return of 20 April 2017. These submissions should not stretch to more than eight pages of A4, although CV's of the key individuals that will be responsible for the search may be added as appendices. Appointment(s) to the tender are expected to be made on or around 28 April 2017. The appointments are split into 2 Lots: Lot 1 - Chief Risk Officer (1) and Head of Legal/Compliance (1) Lot 2 - Head of Information Technology (1) There is a possibility that the same firm will be appointed to both Lots, but firms may apply for either or both. Additional information: Submissions must be made via the e-tendering portal. Please allow sufficient time for uploading your response (closes at 12 noon).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b6322e02-135d-4535-b7de-7569b0eb7568 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Jun 2017 |
| Submission deadline | 20 Apr 2017 |
| Future notice date | Not specified |
| Award date | 18 Jun 2017 |
| Contract period | 19 Jun 2017 - 29 Sep 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £16,000 |
| 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 | WOLVERHAMPTON CITY COUNCIL |
| Locality | WOLVERHAMPTON |
| Post town | Wolverhampton |
| Postcode | WV1 1RL |
| 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) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HAYS |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79600000 - Recruitment services

## Release History

- 19 Jun 2017 at 13:31 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b6322e02-135d-4535-b7de-7569b0eb7568
- 19 Jun 2017 at 13:22 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e83fcf8c-ec90-42f5-924b-3776718c37ae
- 28 Mar 2017 at 13:58 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e83fcf8c-ec90-42f5-924b-3776718c37ae

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b6322e02-135d-4535-b7de-7569b0eb7568
  19th June 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/e83fcf8c-ec90-42f5-924b-3776718c37ae
  19th June 2017 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a22fbd99-2fd8-4993-8a9e-b107f4fdff7c
  Specification
- http://www.wolverhamptontenders.com
  E-tendering Portal

## 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-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b5fc8223-71af-44c9-a6ad-f0eb0ebb6148.json.