--- title: "LGPS Central UK Direct Property Fund Depositary" ocid: "ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LGPS CENTRAL LTD" published: "2021-07-02" --- # LGPS Central UK Direct Property Fund Depositary Buyer: LGPS CENTRAL LTD Current stage: Tender OCID: ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340.json) ## Summary The LGPS Central Ltd is seeking to appoint a Fund Depositary for their UK Direct Property Fund, with the tender titled "LGPS Central UK Direct Property Fund Depositary". This procurement falls under the financial and insurance services category and is located in Wolverhampton, West Midlands, United Kingdom. The procurement stage is currently active, with the tender period concluding on 2nd August 2021. Interested suppliers should note that the contract is scheduled to commence on 1st November 2021 and last until 1st September 2031. This opportunity employs a selective procurement method, specifically through a competitive dialogue process. This tender offers significant opportunities for businesses in financial and insurance services, particularly those skilled in asset management, fund administration, and regulatory compliance. Companies with expertise in monitoring cash flows, NAV calculations, and investor transactions will be well-suited to compete for this contract. Additionally, firms capable of providing tailored services specific to a property fund's requirements will find this opportunity to be an advantageous avenue for growth. ## Notice LGPS Central will be the AIFM of the Property ACS and wishes to appoint a Fund Depositary. Provision of a Formal Property Procedure for the sale and disposal of assets the Investment Manager will be expected to follow. Monitoring the AIF's cash flows. Monitoring that the investor transactions, sale, issue, repurchase and redemption of units in the funds are processed correctly and on a timely basis. Monitoring that the investments are appropriate. Oversight of the register of investors. Monitoring NAV calculations according to the prospectus and regulatory requirements. Oversight of income and distributions. Monitoring reconciliation of cash accounts and reviewing cash flows. How you will hold the fund's assets and how this is specifically tailored for a property fund. An overview of the services in respect of the Project is set out in the Selection Questionnaire document on the In-tend system. 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/dc8b6eac-f349-475e-9a53-2a19748ce37f | | 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 Sep 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 15:44 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/dc8b6eac-f349-475e-9a53-2a19748ce37f - 2 Jul 2021 at 15:44 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/dc8b6eac-f349-475e-9a53-2a19748ce37f ## Documents - https://www.contractsfinder.service.gov.uk/Notice/dc8b6eac-f349-475e-9a53-2a19748ce37f 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-d2aada23-58ed-452c-9694-981753141340. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d2aada23-58ed-452c-9694-981753141340.json.