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

Lancashire County CouncilcontractContracts FinderRef CR/CORP/LCC/17/605 - award noticecomplete
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Estimated value

£1.5m

Awarded value

£1.5m

Awarded 08 Apr 2018

Suppliers

1

Lots

1

1 awarded

Published

12 Apr 2018

Deadline 26 Jan 2018

Description

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).

Scope

Reference
CR/CORP/LCC/17/605 - award notice
Total value
£1,500,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Mar 2018 to 30 Mar 2021
CPV classifications
66520000 75320000

Submission & procedure

Submission deadline
26 Jan 2018, 12:00 am

Award details

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

Awarded value

£1.5m

Award date

08 Apr 2018

Contract start

31 Mar 2018

Contract end

30 Mar 2021