LGPS Central UK Direct Property Fund Depositary

A Tender Notice
by LGPS CENTRAL LTD

Source
Contracts Finder
Type
Contract (Services)
Duration
10 year
Value
___
Sector
BUSINESS
Published
02 Jul 2021
Delivery
01 Nov 2021 to 01 Sep 2031
Deadline
02 Aug 2021 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

LGPS Central will be the AIFM of the Property ACS and wishes to appoint a Fund Depositary. Provision of a Formal Property Procedure for the sale and disposal of assets the Investment Manager will be expected to follow. Monitoring the AIF's cash flows. Monitoring that the investor transactions, sale, issue, repurchase and redemption of units in the funds are processed correctly and on a timely basis. Monitoring that the investments are appropriate. Oversight of the register of investors. Monitoring NAV calculations according to the prospectus and regulatory requirements. Oversight of income and distributions. Monitoring reconciliation of cash accounts and reviewing cash flows. How you will hold the fund's assets and how this is specifically tailored for a property fund. An overview of the services in respect of the Project is set out in the Selection Questionnaire document on the In-tend system.

CPV Codes

  • 66000000 - Financial and insurance services

Other Information

For any supplier interested in this opportunity, further information can be found in the Procurement Information Document that forms part of the procurement pack. This can be found at https://in-tendhost.co.uk/lgpscentral/aspx/Home Is a Recurrent Procurement Type? : No Additional information on how to apply for this contract https://in-tendhost.co.uk/LGPSCentral/aspx/

Reference

Domains