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

A Contract Award Notice
by NORFOLK COUNTY COUNCIL (AS ADMINISTERING AUTHORITY FOR NORFOLK PENSION FUND)

Source
OJEU
Type
Framework (Services)
Duration
4 year (est.)
Value
£50M
Sector
BUSINESS
Published
09 Mar 2021
Delivery
To 09 Mar 2025 (est.)
Deadline
n/a

Concepts

Location

Norwich

Geochart for 3 buyers and 5 suppliers

3 buyers

5 suppliers

Description

We have established a multi-provider framework agreement for the provision of global custody services to be available to all LGPS Funds, Investment Pools and other bodies as defined in the OJEU Contract Notice, to provide national access to high quality efficient and effective services at the best possible price.

Total Quantity or Scope

A multi-provider framework agreement for the provision of global custody services to be available to all LGPS Funds, Investment Pools and other bodies as defined in the OJEU Contract Notice, to provide national access to high quality efficient and effective services at the best possible price.

Award Detail

1 Bank of New York Mellon (London)
  • Global Custody Services
  • Reference: ncct42038
  • Num offers: 5
  • Value: £50,000,000 [share]
  • Awarded to group of suppliers.
2 Caceis Bank (London)
  • Global Custody Services
  • Reference: ncct42038
  • Num offers: 5
  • Value: £50,000,000 [share]
  • Awarded to group of suppliers.
3 HSBC Bank (London)
  • Global Custody Services
  • Reference: ncct42038
  • Num offers: 5
  • Value: £50,000,000 [share]
  • Awarded to group of suppliers.
4 Northern Trust (London)
  • Global Custody Services
  • Reference: ncct42038
  • Num offers: 5
  • Value: £50,000,000 [share]
  • Awarded to group of suppliers.
5 State Street Bank & Trust (London)
  • Global Custody Services
  • Reference: ncct42038
  • Num offers: 5
  • Value: £50,000,000 [share]
  • Awarded to group of suppliers.

Award Criteria

Quality 80.0
PRICE 20.0

CPV Codes

  • 66160000 - Trust and custody services
  • 66162000 - Custody services

Indicators

  • Award on basis of price and quality.

Reference

Domains