---
title: "Pensions Custody call off from National Frameworks Global Custody (NCCT40221)"
ocid: "ocds-b5fd17-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LINCOLNSHIRE COUNTY COUNCIL"
published: "2019-01-24"
---

# Pensions Custody call off from National Frameworks Global Custody (NCCT40221)

Buyer: LINCOLNSHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c

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## Summary

The procurement process for the project titled "Pensions Custody call off from National Frameworks Global Custody (NCCT40221)" has been completed. This tender was initiated by the Lincolnshire County Council, located in Lincoln, England. The contract, which falls under the banking and investment services industry category (CPV code: 66100000), has a total value of £450,000. The procurement process involved a tender method and concluded with an award date of 3 January 2019, with the contract period set to run from 1 April 2019 to 1 April 2024.

This procurement presents significant opportunities for businesses in the financial services sector, particularly those specialising in custody, performance measurement, and investment accounting services. The awarded contract is currently held by Northern Trust, which suggests that firms with substantial experience and capacity in managing large pension fund assets will find this market particularly suitable for competition. As the contract will last for five years, it may be beneficial for other companies to explore collaboration or alternative service offerings to meet the needs of similar future tenders.

## Notice

Custody, Performance Measurement and Investment Accounting Services to the Lincolnshire Pension Fund

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/22dab040-3b25-4412-82d6-94027bcba140 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Jan 2019 |
| Submission deadline | 31 Oct 2018 |
| Future notice date | Not specified |
| Award date | 3 Jan 2019 |
| Contract period | 31 Mar 2019 - 1 Apr 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £450,000 |
| Lots value | Not specified |
| Awards value | £340,000 |
| 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 | LINCOLNSHIRE COUNTY COUNCIL |
| Locality | LINCOLN |
| Post town | Lincoln |
| Postcode | LN1 1YL |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF3 Lincolnshire |
| ITL 3 | TLF30 Lincolnshire CC |
| Local authority | Lincoln |
| Electoral ward | Carholme |
| Westminster constituency | Lincoln |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 24 Jan 2019 at 12:51 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/22dab040-3b25-4412-82d6-94027bcba140

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/22dab040-3b25-4412-82d6-94027bcba140
  24th January 2019 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.lincolnshire.gov.uk

## 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-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d03cd9da-2e94-44ef-b7f0-ce3b51032f5c.json.
