RFP QuestBeta
Awarded · ResultStage · contract

WOLVERHAMPTON CITY COUNCIL

LGPS Central Stewardship Provider

Business ServicesCPV 79000000
Value£1.1m
Awarded2 Sept 2018
Published3 Dec 2018
RegionWest Midlands
Outcome — awarded

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

Contract value in context
£1.1mtotal contract value
median £66k
this tender£0£1.6m

This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.

The brief

LGPS Central are seeking to appoint a supplier for the provision of stewardship services, covering shareholder voting and engagement.

LGPS Central wish to appoint a provider that can demonstrate an ability to engage and vote in a way that both supports the long-term economic interests of our clients and partner funds, and that is conducive to LGPS Central's vision of responsible investment .

The preferred supplier will be able to provide voting and engagement services to members of the investment team, in support of investment processes.

LGPS Central is a global investor and the successful supplier will demonstrate truly global coverage in respect of its stewardship services.

Whilst volume and coverage are important, LGPS Central seek a supplier that demonstrates high quality research, intimate knowledge of companies, clear understanding of global corporate governance standards and local application, and a systemic appreciation for financial materiality.

The successful provider will be expected to provide insights of genuine value to the investment team.

The preferred supplier will have an excellent suite of reporting materials, both off-the-shelf and client-customised, enabling LGPS Central to provide in turn high quality reporting to its clients, partner funds and the wider public.

Recognising the motivations behind the project of LGPS asset pooling, the successful supplier will strive for continuous improvement, whilst aiming for ever greater cost efficiency.

Requirements

What the notice asks for

01

The preferred supplier will be able

The preferred supplier will be able to provide voting and engagement services to members of the investment team, in support of investment processes.

02

LGPS Central is a global investor

LGPS Central is a global investor and the successful supplier will demonstrate truly global coverage in respect of its stewardship services.

03

Whilst volume and coverage are important, LGPS

Whilst volume and coverage are important, LGPS Central seek a supplier that demonstrates high quality research, intimate knowledge of companies, clear understanding of global corporate governance standards and local application, and a systemic appreciation for financial materiality.

04

The successful provider will be expected

The successful provider will be expected to provide insights of genuine value to the investment team.

05

The preferred supplier will have an excellent

The preferred supplier will have an excellent suite of reporting materials, both off-the-shelf and client-customised, enabling LGPS Central to provide in turn high quality reporting to its clients, partner funds and the wider public.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
98d2c487-2abc-44dc-ae9a-f55f71bc8b64
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
PP18160
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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