Contract Summary

  • Published Date: 25 October 2021

  • Tender Status: active

  • Tender Opening Date: 25 October 2021

  • Tender Closing Date: 26 November 2021

  • Award Date: n/a

  • Contract Start Date: n/a

  • Contract End Date: n/a

  • Contract is suitable for SMEs: Yes

  • Contract is suitable for VCSEs: Yes

  • Official Journal of the European Union (OJEU) Contract Type: Services

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Description

The Parliamentary Contributory Pension Fund ("the Fund") is a statutory public service pension scheme under the Parliamentary and Other Pensions Act 1972. The Trustees of the Fund are seeking to appoint a global custodian to provide custody services to the Fund.  The global custodian is to provide a global custody network (either directly or via a sub custodian arrangement) for safekeeping and settlement of assets, investment accounting and performance measurement services, supporting a multi-manager investment structure covering the major and alternative asset classes held in segregated mandates and pooled funds.  Tenderers must be able to demonstrate the ability to work with UK Pension Fund arrangements and meet certain minimum financial stability criteria.

About the Buyer

Contact name: Parliamentary Procurement & Commercial Service

Address: Westminster London
London
SW1H 9NB
United Kingdom

Telephone: 02072191600

Fax: n/a

Email: [email protected]

Value of Contract

Price Range: £80,000 - £1,100,000