RFP QuestBeta
Awarded · ResultStage · contract

Lancashire County Council

LPS CORP - Provision of Pension Fund Custodian Services To Lancashire County Council

Financial ServicesCPV 66000000 66500000 75000000 75300000
Value£1.5m
Awarded26 Jan 2018
Published12 Apr 2018
RegionNorth West
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£1.5mtotal contract value
median £150k
this tender£0£4.7m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

This procurement is to establish a single provider contract agreement for custodian services to LCPF (Lancashire County Pension Fund.) LCPF 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.

Current annual value of contract estimated at £250,000 per annum but total contract value estimated to be between £900,000 and £2,100,000 over the enire contract period (including possible extensions).

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Source & provenance
OCID
898b095b-88f7-487a-b467-f13438e641d3
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
CR/CORP/LCC/17/605 - award notice
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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