Provision of Fund Administration, Custody and Related Services
key details
| Value | £79,000,000 |
|---|---|
| Status | complete |
| Category (CPV) | 66523100 +1 more |
| Region | London |
| Deadline | 24 Aug 2023 |
| Procedure | selective |
| OCID | ocds-h6vhtk-03ea34 |
Awards (2)
This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £79,000,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| Northern Trust Global Investments Limited shared | · | · | active |
| The Northern Trust Company (London Branch) shared | · | · | active |
description
This is a contract for the provision of fund administration, custody and related services.
Core Services included within the scope of the contract:
- Custodian services
- Asset allocation and rebalancing services
- Investment Performance measurement
- Investment Compliance monitoring
- Investment Tax services
Additional services that may be included throughout the term of the contract include:
- FX Overlay
- Public and private market investments
- Data management
The contract is for an initial 10-year period with the option to extend up to an additional 5 years (15 years in total).
notice history
3 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 25 Jul 2023 | Contract notice (F02) | Earlier regulations | 021539-2023 |
| 13 May 2024 | Contract award notice (F03) | Earlier regulations | 015207-2024 |
| 13 Nov 2025 | Modification notice (F20) | Earlier regulations | 073617-2025 |
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source
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