---
title: "Provision of Futures Clearing Broker Services"
ocid: "ocds-h6vhtk-067424"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-067424"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-067424.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-067424.json"
source: "Find A Tender Service"
current_stage: "Planning"
buyer: "BORDER TO COAST PENSIONS PARTNERSHIP LIMITED"
published: "2026-03-25"
---

# Provision of Futures Clearing Broker Services

Buyer: BORDER TO COAST PENSIONS PARTNERSHIP LIMITED  
Current stage: Planning  
OCID: ocds-h6vhtk-067424

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## Summary

The procurement process, managed by Border to Coast Pensions Partnership Limited, involves the provision of Futures Clearing Broker Services, with a primary focus on financial consultancy and transaction processing within the United Kingdom. This tender is in the planning stage, with prospective communication expected on 5th May 2026, and the contract period commencing on 25th September 2026, running through to 24th September 2031, with a possible extension until 2036. The procurement aims to support the implementation of futures capability, necessitating integration with the organisation's order and portfolio management systems. This project falls under the services category and is above the financial threshold, exempt from VAT, reflecting its significant potential impact and scope.

This tender presents a substantial opportunity for businesses specialising in financial consultancy, transaction processing, and clearing-house services to establish a pivotal role in supporting the growing asset management needs of 18 Local Government Pension Scheme partner funds. Given Border to Coast's expansion, which projects assets under management to double in the coming years, firms capable of delivering sophisticated integration solutions with existing and future systems will be well-placed for success. Organisations with expertise in collaborating with third-party administrators like Northern Trust, and those familiar with Bloomberg or BlackRock Aladdin systems, will find themselves particularly suited to compete, offering prospects for significant business growth through long-term engagement.

## Notice

Border to Coast Pensions Partnership Limited ("Border to Coast") is an FCA regulated investment manager based in Leeds, UK managing assets on behalf of 18 Local Government Pension Scheme ("LGPS") pension funds (as of 1 April 2026). Border to Coast has investment propositions across a range of asset classes including equities, fixed income, private markets and real estate. There is a mix of internal (direct) and external (via third party managers) management across these propositions. Assets under management are currently ~PS53bn and are expected to grow to ~PS115bn over the next 2 - 3 years. In addition, Border to Coast is developing a series of investment capabilities to provide advisory, asset allocation and implementation services to Partner Funds. Border to Coast currently uses Bloomberg for its Order Management / Portfolio Management system ("OMS / PMS") but will be migrating to BlackRock Aladdin towards the end of 2026. Third Party Administrator ("TPA") services, including brokerage, custody and fund accounting, are provided by Northern Trust. Border to Coast wishes to procure a Futures Clearing Broker to support the implementation of its futures capability. The provider's operating model needs to be able to fully integrate with our OMS / PMS (both current and future state) and our TPA. This service will be exempt from VAT.

### Planning Information

Border to Coast engaged with 6 suppliers as part of soft market testing over a 4 week period.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/027478-2026 |
| Notice type | UK2 - Preliminary Market Engagement Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Mar 2026 |
| Submission deadline | Not specified |
| Future notice date | 5 May 2026 |
| Award date | Not specified |
| Contract period | 24 Sep 2026 - 24 Sep 2031 |
| Recurrence | Not specified |

## Values

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

## Status

| Field | Value |
| --- | --- |
| Tender status | Planning |
| Lots status | Planning |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BORDER TO COAST PENSIONS PARTNERSHIP LIMITED |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS1 2HJ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Little London & Woodhouse |
| Westminster constituency | Leeds Central and Headingley |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66170000 - Financial consultancy, financial transaction processing and clearing-house services

## Release History

- 25 Mar 2026 at 16:01 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/027478-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/027478-2026
  25th March 2026 - Preliminary market engagement notice on Find a Tender

## Notice URLs

- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-067424. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-067424.json.