LGPS Central Stewardship Provider

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Estimated value

£1.1m

Awarded value

£1.1m

Awarded 06 Sept 2018

Suppliers

1

Lots

1

1 awarded

Published

03 Dec 2018

Deadline 02 Sept 2018

Description

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.

Scope

Reference
PP18160
Total value
£1,120,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
03 Oct 2018 to 03 Dec 2025
CPV classifications
79000000

Submission & procedure

Submission deadline
02 Sept 2018, 11:00 pm

Award details

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

Awarded value

£1.1m

Award date

06 Sept 2018

Contract start

03 Oct 2018

Contract end

03 Dec 2025