---
title: "Multi Provider Framework Agreement for the Provision of Global Custody Services Primarily in Support of the Local Government Pension Scheme"
ocid: "ocds-h6vhtk-02eb9e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02eb9e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02eb9e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02eb9e.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NORFOLK COUNTY COUNCIL"
published: "2026-03-31"
---

# Multi Provider Framework Agreement for the Provision of Global Custody Services Primarily in Support of the Local Government Pension Scheme

Buyer: NORFOLK COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-02eb9e

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02eb9e.json)

## Summary

Norfolk County Council is actively engaged in a procurement process under the multi-provider framework agreement for the provision of Global Custody Services, primarily supporting the Local Government Pension Scheme. The procurement falls under the services category, specifically focusing on trust and custody services, classified under the CPV code 66160000. The procurement is at the awardUpdate and contractUpdate stage, reflecting ongoing development and modifications. An amendment has extended the framework expiry date to 8 February 2026. Located in the UK, this procurement presents significant financial ramifications, with a contract value of GBP 520,000,000, signed on 4 March 2021. Key suppliers such as HSBC Bank plc, Bank of New York Mellon, and others collaborate to deliver these services.

This procurement process opens doors for large businesses specialising in financial services and custody solutions, allowing them to secure contracts with substantial fiscal implications and longitudinous service periods. Given its competitive nature, businesses with robust technical capabilities, reliable client service teams, and advanced reporting abilities are well-positioned to excel. While this tender utilises limited procurement methods, it provides wide-ranging opportunities in the finance industry, positioning capable organisations to engage closely with public sector financial frameworks and enhance their service portfolios. Companies that have previously established systems and expertise in electronic bidding and transitioning/onboarding are likely to thrive in such competitive environments.

## Notice

Norfolk County Council undertook a Further Competition under the National LGPS Multi-Provider Framework Agreement NCCT42038 for the provision of Global Custody Services.

### Lot Information

Lot 1

Multi Provider Framework Agreement for the provision of Global Custody Services primarily in support of the Local Government Pension Scheme

### Procurement Information

This was a further competition under the National LGPS Multi-Provider Framework Agreement for the Provision of Global Custody Services NCCT42038

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/029647-2026 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Mar 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 4 Mar 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £520,500,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NORFOLK COUNTY COUNCIL |
| Additional buyers | NORFOLK COUNTY COUNCIL (AS ADMINISTERING AUTHORITY FOR NORFOLK PENSION FUND) |
| Locality | NORWICH |
| Post town | Norwich |
| Postcode | NR1 2DH |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH5 Norfolk |
| ITL 3 | TLH51 Norwich and East Norfolk |
| Local authority | Norwich |
| Electoral ward | Lakenham |
| Westminster constituency | Norwich South |
| Delivery location | TLH15 Norwich and East Norfolk |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 9 |
| Supplier names | BANK OF NEW YORK MELLON; CACEIS BANK; CACEIS BANK-UK BRANCH; HSBC BANK; STATE STREET AND TRUST; STATE STREET BANK AND TRUST; THE BANK OF NEW YORK MELLON; THE NORTHERN TRUST; THE NORTHERN TRUST COMPNAY |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66160000 - Trust and custody services

## Release History

- 31 Mar 2026 at 12:23 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/029647-2026
- 14 Oct 2021 at 07:38 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/025649-2021

## Notice URLs

- http://www.norfolk.gov.uk
- http://www.norfolkpensionfund.org
- https://in-tendhost.co.uk/norfolkcc/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-h6vhtk-02eb9e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02eb9e.json.