LGPS Central UK Direct Property and Investment Manager
Estimated value
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Awarded value
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Suppliers
1
Lots
1
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 MidlandsEast Midlands
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Annual basis point charged against gross AUM | 25% weighting | cost | — |
Submission & procedure
- Procedure
- Competitive dialogue
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
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Award date
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Contract start
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Contract end
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