---
title: "SYPA Custodian Procurement - LGPS Framework Agreement"
ocid: "ocds-h6vhtk-050e5d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-050e5d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-050e5d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-050e5d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SOUTH YORKSHIRE PENSIONS AUTHORITY"
published: "2025-05-08"
---

# SYPA Custodian Procurement - LGPS Framework Agreement

Buyer: SOUTH YORKSHIRE PENSIONS AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-050e5d

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-050e5d.json)

## Summary

The South Yorkshire Pensions Authority (SYPA) has successfully concluded a procurement process for the "SYPA Custodian Procurement - LGPS Framework Agreement" under a limited procurement method. This contract, valued at £284,558, involved the appointment of a provider to supply global custody services intended to be delivered at Oakwell House, Barnsley, UK. The process utilised an award procedure without prior publication of a call for competition, falling outside the scope of the directive. The procurement, classified under the CPV code 66162000 for custody services, was completed with the award granted to The Northern Trust Company on 26th March 2025.

This procurement offers significant growth opportunities for businesses specialising in financial and custody services, particularly those experienced in managing similar frameworks and located within the UK. The tender, demanding a high quality of service with an evaluation criterion focusing 80% on quality and 20% on cost, highlights an ideal opportunity for large, capable firms like The Northern Trust Company. Given the detailed classification and specific location requirements, businesses with regional expertise and resources to comply with framework agreements will find themselves well-positioned to benefit from such public sector opportunities.

## Notice

SYPA have appointed a provider to supply global custody services.

### Procurement Information

Contract procured via External Framework Agreement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/019574-2025 |
| 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 | 8 May 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 26 Mar 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £284,558 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SOUTH YORKSHIRE PENSIONS AUTHORITY |
| Locality | BARNSLEY, SOUTH YORKSHIRE |
| Post town | Sheffield |
| Postcode | S71 1HG |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE33 Barnsley |
| Local authority | Barnsley |
| Electoral ward | Central |
| Westminster constituency | Barnsley North |
| 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

- 66162000 - Custody services

## Release History

- 8 May 2025 at 08:47 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/019574-2025

## Notice URLs

- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104506
- https://www.sypensions.org.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-h6vhtk-050e5d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-050e5d.json.