Contracts FinderFramework agreement
Published 11 May 2020

Contracts Finder notice

Northern LGPS Property Framework

Authority: Tameside Metropolitan Borough Council

Open procedure
CPV: Pension investment services (66131100)
Published framework value£12,000,000Agreement value, exc. VAT; may be a ceiling, not a single purchase
Contract ends 14 Mar 2028
Panel 24 suppliersAEW UK Investment Management LLP, APAM Ltd, Aberdeen Standard Investments and 21 more
Contract starts 15 Mar 2021

What is being bought

Published requirement description

The Northern LGPS (GMPF, MPF, & WYPF) wishes to set up a framework for Investment Property Management Services. Full details of the requirements are set out in the tender pack. In summary, the framework will comprise 6 areas of work divided into Lots. Each Lot will have a number of providers, from whom each of the funds can procure services by way of a mini-competition depending on its needs. As can be seen, the current total value of mandates across all three funds is £2 billion (£2,000,000,000). Some of the current mandates overlap across the way the Lots have been divided up, and so the total amount of mandated work from a particular fund may not increase significantly when divided across the Lots. The Northern LGPS estimates that mandates totalling approximately £2 bn - £2.5 bn may be awarded under the lifetime of the framework across all Lots.

Additional information:

DO NOT contact the buyer direct. You should go to the Chest and electronically express your interest in the requirement, after which point the necessary documentation will be made available to you. All correspondence in regards to this requirement must through the messages function of the Chest, no correspondence will be issued by STAR, the Council, or GMPF outside of the Chest.

Published procurement details

Procedure
Open procedure
Buyer reference
TAME001-DN470007-09372958
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
Yes
Suitable for voluntary, community and social enterprises
No
Tender deadline
Published
Procurement method
Open
Tender contract period: Start date
Tender contract period: End date
Item 1: Delivery locations as published
North West, United Kingdom

Key dates

Published dates
  1. Notice published
    11 May 2020
  2. Award decision
    4 Jan 2021
  3. Contract starts
    15 Mar 2021
  4. Contract ends
    14 Mar 2028

Contracting authority & participating public bodies

Suppliers named on the notice

  • AEW UK Investment Management LLPSupplier SW1Y 6DN
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • Aviva InvestorsSupplier EC2R 8EJ
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • CBRE Global InvestorsSupplier EC4M 9AF
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • DTZ Investment ManagementSupplier EC2N 1AR
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • Federated HermesSupplier EC2V 6ET
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • LaSalle Investment ManagementSupplier W1J 5HD
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • LGIMSupplier EC2R 5AA
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • M&G Real Estate LimitedSupplier EC3M 5AG
    Voluntary, community or social enterprise
    Yes
    Business size
    Large
  • Mayfair Capital Investment Management LimitedSupplier W1T 3PT
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • PGIM Real EstateSupplier WC2N 5HR
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • SchrodersSupplier EC2Y 5AU
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • UBS Global Asset ManagementSupplier EC2M 2QS
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • Aberdeen Standard InvestmentsSupplier EH2 2LL
    Voluntary, community or social enterprise
    Yes
    Business size
    Large
  • BNP Paribas Real Estate Advisory & Property Management UK LiSupplier EC2V 7BP
    Voluntary, community or social enterprise
    Yes
    Business size
    Large
  • CBRE Capital Advisors LimitedSupplier W1G 0NB
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • Avison Young (UK) LtdSupplier B1 2JB
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • Cushman & WakefieldSupplier EC2N 1AR
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • Knight FrankSupplier N2 9EL
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • Savills (UK) LtdSupplier W1G 0JD
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • APAM LtdSupplier W1U 1AY
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • Colliers International Property Advisers UK LLPSupplier W1U 7GA
    Voluntary, community or social enterprise
    No
    Business size
    Large
  • Columbia Threadneedle InvestmentSupplier EC4N 6AG
    Voluntary, community or social enterprise
    Yes
    Business size
    Large
  • Palmer CapitalSupplier W1S 3AE
    Voluntary, community or social enterprise
    No
    Business size
    SME
  • Praxis Real Estate ManagementSupplier W1S 1YQ
    Voluntary, community or social enterprise
    No
    Business size
    SME

Official documents & specifications (4)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4-2021-03-02T10:22:40Z
Published
11 May 2020
Latest update
2 Mar 2021
Procedure reference
ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4
Contract reference
ocds-b5fd17-0240284c-f07b-4627-a373-9b80272812f4-1