A Multi-Provider Framework for the provision of Passive Investment Management Services

A Modification Notice
by NORFOLK COUNTY COUNCIL

Source
OJEU
Type
Contract (Services)
Duration
4 year
Value
£140M
Sector
BUSINESS
Published
10 Aug 2021
Delivery
To 10 Aug 2025 (est.)
Deadline
n/a

Concepts

Location

Norwich

Geochart for 3 buyers and 4 suppliers

3 buyers

4 suppliers

Description

Norfolk County Council, on its own behalf and on behalf of Essex Pension Fund, Hampshire, Kent, Northamptonshire and Suffolk County Council (the ‘Founding Authorities’) let a multi-provider framework agreement for the provision of Passive Investment Management Services primarily in support of the Local Government Pension Scheme (LGPS).

Ammendments to Previous Notice

2. Contract value

GBP 140,000,000

Award Detail

1 Blackrock Investment Management (London)
  • Reference: ncct41031
  • Value: £140,000,000 [share]
  • Awarded to group of suppliers.
2 Deutsche Asset Management (London)
  • Reference: ncct41031
  • Value: £140,000,000 [share]
  • Awarded to group of suppliers.
3 Legal & General Investment Management (London)
  • Reference: ncct41031
  • Value: £140,000,000 [share]
  • Awarded to group of suppliers.
4 Ubs Asset Management (London)
  • Reference: ncct41031
  • Value: £140,000,000 [share]
  • Awarded to group of suppliers.

CPV Codes

  • 66131100 - Pension investment services
  • 66520000 - Pension services

Indicators

  • Contract modified due to unforeseen circumstances.

Reference

Domains