LGPS Central UK Direct Property and Investment Manager

LGPS CENTRAL LIMITEDcontractFind a TenderRef ocds-h6vhtk-02bb8532014L0024active

Estimated value

services

Awarded value

Suppliers

1

Lots

1

1 awarded

Published

04 Jan 2022

Description

LGPS Central Limited (LGPS Central) is an Alternative Investment Fund Manager (AIFM) and an investment advisor, authorised and regulated by the Financial Conduct Authority (FCA). LGPS Central will be the manager of the Property ACS and wishes to appoint a property and investment manager (the P and I Manager) to: - manage, on an advisory basis, all of the assets of the Fund in accordance with the investment objective and investment policy of the Fund; and- provide day-to-day property related services, such as rent reviews, lease renewals and dilapidations. The P and IMA will be for an initial term of seven years with the option for LGPS Central to extend for a further three years.

Scope

Reference
PRP0005
Commercial tool
Standalone contract
Contract dates

7 year + 3 year contract duration. Renewal is dependent on meeting agreed performance.

Main category
services
CPV classifications
66000000
Contract locations
West Midlands
East Midlands

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Annual basis point charged against gross AUM25% weightingcost

Submission & procedure

Procedure
Competitive dialogue

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end

Awarded to