Expired contract

Pension services

Details

Supplier(s)
Northern Trust
Value
EUR 1,500,000
Duration
6 years
Topic
Pension services
Published
10 April 2018

Tender description

LCPF (Lancashire County Pension Fund) is a Local Authority Pension Scheme with assets valued at 7.2 billion GBP (as at 31.3.2017) and is currently looking to appoint a Global Custodian to provide a number of services such as, but not limited to: Safekeeping of assets, trade settlements, tax reclaims, cash management, investment accounting etc. This contract will be awarded for a period of 3 years with an option to extend of any given period up to a maximum of 3 further years. The total value of the contract is estimated to be within the range of 900 000 GBP to 2 100 000 GBP. Currently valued at 250 000 GBP per annum (1 500 000 GBP over 6 years). LCPF (Lancashire County Pension Fund) is a Local Authority Pension Scheme with assets valued at 7.2 billion GBP (as at 31.3.2017) and is currently looking to appoint a Global Custodian to provide a number of services such as, but not limited to: Safekeeping of assets, trade settlements, tax reclaims, cash management, investment accounting etc. This contract will be awarded for a period of 3 years with an option to extend of any given period up to a maximum of 3 further years. The total value of the contract is estimated to be within the range of 900 000 GBP to 2 100 000 GBP. Currently valued at 250 000 GBP per annum.

Timeline

  1. Completed: Award date9 April 2018
  2. Completed: Award published10 April 2018
    Current notice
  3. Completed: Contract expiry date8 March 2024

About the buyer

Lancashire County Council is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66520000 · Pension services
  • 75320000 · Government employee pension schemes

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