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Tenfell
Awarded contract
Published 12 Apr 2018

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

Lancashire County Council · North West

Key facts

Contract value
£1,500,000
Awarded
08 Apr 2018
Contract starts
15 Apr 2018
Contract ends
15 Apr 2021
Procedure
Open procedure (above threshold)
Buyer type
Local government

Awarded to

SupplierValue
Northern Trust£1,500,000

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).

Additional information: Please note: The contract end-date is scheduled for 31st March 2021, with an option to extend for a further three years maximum.

The estimated contract value range is between £900,000 and £2,100,000.

Additional contact email: [email protected]

Categories (CPV)

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