Contract to Provide Accounting Support Services to the Operator of an Authorised Contractual Scheme
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Business Services band — a substantial contract for the sector. Based on 57,319 valued Business Services tenders in our corpus.
There are thirty three local authority pension funds in London which are part of the Local Government Pension Scheme (LGPS), a national scheme administered on a local basis.
Currently, the thirty three funds (32 London boroughs and the City of London Corporation) each manage their pension investments independently.
In the future, the administering authorities have decided to collaborate on the management and investment of their pension fund assets to deliver efficiencies, economies of scale and improvement in operations.
The most appropriate vehicle for creating numerous benefits, whilst retaining local accountability and decisions making by the individual funds is the proposed Collective Investment Vehicle (CIV), structured as an Authorised Contractual Scheme (ACS) with an authorised ACS Operator and fund.
London CIV is now looking for a provider to supply accounting services and this tender is looking for proposals from suitably qualified candidates for the provision of Accounting Support Services to the Operator of an ACS for a period of 3 years (with an option to extend the contract for a further three years or part thereof).
What the notice asks for
In the future, the administering authorities have
In the future, the administering authorities have decided to collaborate on the management and investment of their pension fund assets to deliver efficiencies, economies of scale and improvement in operations.
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.
Make the case to bid
Reveal who to approach at LONDON COUNCILS LTD, and generate a go-to-market strategy from their news, accounts and people.
Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
- OCID
- 64422766-3fc8-41c8-9702-e33b8b5f3038
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- London LGPS CIV - Account Support - ACS Operator
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
Who wins this kind of work
The suppliers and buyers around this opportunity — drawn from official award data. Drag to orbit; click a node to explore.
Top suppliers & buyers in Business Services
LONDON COUNCILS LTD’s tender network