Equity Overlay / Downside Risk Management

{
  "id": "034571-2023",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 10,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "2",
        "value": 10,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "3",
        "value": 10,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "4",
        "value": 10,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "5",
        "value": 10,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2023-11-22T14:59:20Z",
  "ocid": "ocds-h6vhtk-03928d",
  "buyer": {
    "id": "GB-FTS-51663",
    "name": "Wirral Borough Council"
  },
  "awards": [
    {
      "id": "034571-2023-DN645549-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-99032",
          "name": "Allianz Global Investors"
        }
      ],
      "relatedLots": [
        "1"
      ]
    },
    {
      "id": "034571-2023-DN645549-2",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-99033",
          "name": "AXA Investment Manager"
        }
      ],
      "relatedLots": [
        "1"
      ]
    },
    {
      "id": "034571-2023-DN645549-3",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-99034",
          "name": "Insight Investment Management"
        }
      ],
      "relatedLots": [
        "1"
      ]
    },
    {
      "id": "034571-2023-DN645549-4",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-99035",
          "name": "Morgan Stanley Investment Management"
        }
      ],
      "relatedLots": [
        "1"
      ]
    },
    {
      "id": "034571-2023-DN645549-5",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-99036",
          "name": "Schroder Investment Management Limited"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "DN645549",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "The Local Government Pension Scheme (LGPS) is a national scheme administered on a local\nbasis by Wirral Council as the administering authority for the Northern LGPS.\nThe Fund is governed by the Superannuation Act 1972 and the Public Services Pensions Act\n2013. The Fund is administered in accordance with the following secondary legislation:\n- the LGPS Regulations 2013 (as amended)\n- the LGPS (Transitional Provisions, Savings and Amendment) regulations 2014 (as\namended)\n- The Occupational and Personal Pension Scheme (Administration) Regulations 2008\n- the LGPS (Management and Investment of Funds) Regulations 2016\n- the Public Services Pensions (Information about Benefits) Directions 2014.\nNorthern LGPS is a partnership between the Greater Manchester (GMPF), Merseyside\n(MPF) and West Yorkshire (WYPF) Local Government Pension Scheme (LGPS) funds.\nFormerly known as 'Northern Pool', it is one of Britain’s largest public investment funds, with combined assets under management of £46bn. Northern LGPS represents about a fifth of\ntotal LGPS assets, has approximately 880,000 members and over 1,100 contributing\nemployers.\nNorthern LGPS’s purpose is to ensure the assets of its funds perform effectively so that\nmembers receive a pension that enables them to enjoy their retirement in dignity.\n3. Scope of the opportunity\nNorthern LGPS is seeking to control equity risk on a medium-term basis and possibly on a\nlonger-term strategic basis through the use of an equity overlay solution(s).\nNorthern LGPS is looking to renew its framework of approved equity overlay suppliers to\noffer overlay management services as required during the framework duration. It is\nanticipated that mandates will be awarded on an individual basis to suppliers within this\nframework as required by the underlying plans.\nSuppliers must be able to offer equity risk / drawdown control through a broad range of\noverlay solutions ranging from basic put / put-spread protection through to more complex\nstrategies (as required by individual awards within the framework), and may also be required\nto offer mechanisms for funding (e.g. synthetic equity replication or other funding routes).\nThe approved supplier framework will target a minimum of 3 manager appointments.\nNorthern LGPS are seeking proposals from asset managers. Bank or other non-fiduciary\nsolutions will be excluded.\nSuppliers must be able to implement solutions using their own trading relationships.\nProposals requiring use of client ISDAs will be excluded.\nSuppliers must be regulated to offer services to UK institutional investors.\nIt is estimated that the Northern LGPS will seek to deploy Equity Risk Overlay mandates on\nup to GBP 3bn initially. This figure represents the client's total equity exposure that might be\nreferenced by overlay proposals.\nIndividual mandates within the framework are expected to vary in sizes ranging from GBP\n100m to GBP 2bn, with the framework expected to deploy multiple overlay solutions over\ntime. There is also the potential for aggregate mandate size to grow through the\nincorporation of other asset classes over time.\nSubject to there being a sufficient number of responses meeting the selection criteria,\nNorthern LGPS will select the 10 top scored qualified suppliers to be invited to tender.\nOnce the framework has been awarded, each individual Fund will run their own further\ncompetition between the successful suppliers on the framework when each individual\nrequirement arises\nThe overall estimate contract spend of £7,236,000 is the estimated spend over the life time of the framework and it is unknown how much will be awarded to each supplier as this will be determined by each further competitions when an individual need arises",
        "awardCriteria": {
          "criteria": [
            {
              "name": "Quality  (Written ITT)",
              "type": "quality",
              "description": "60"
            },
            {
              "name": "Quality (Presentation)",
              "type": "quality",
              "description": "20"
            },
            {
              "type": "price",
              "description": "20"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKD74"
          }
        ]
      }
    ],
    "title": "Equity Overlay / Downside Risk Management",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "techniques": {
      "hasFrameworkAgreement": true
    },
    "description": "The Local Government Pension Scheme (LGPS) is a national scheme administered on a local\nbasis by Wirral Council as the administering authority for the Northern LGPS.\nThe Fund is governed by the Superannuation Act 1972 and the Public Services Pensions Act\n2013. The Fund is administered in accordance with the following secondary legislation:\n- the LGPS Regulations 2013 (as amended)\n- the LGPS (Transitional Provisions, Savings and Amendment) regulations 2014 (as\namended)\n- The Occupational and Personal Pension Scheme (Administration) Regulations 2008\n- the LGPS (Management and Investment of Funds) Regulations 2016\n- the Public Services Pensions (Information about Benefits) Directions 2014.\nNorthern LGPS is a partnership between the Greater Manchester (GMPF), Merseyside\n(MPF) and West Yorkshire (WYPF) Local Government Pension Scheme (LGPS) funds.\nFormerly known as 'Northern Pool', it is one of Britain’s largest public investment funds, with combined assets under management of £46bn. Northern LGPS represents about a fifth of\ntotal LGPS assets, has approximately 880,000 members and over 1,100 contributing\nemployers.\nNorthern LGPS’s purpose is to ensure the assets of its funds perform effectively so that\nmembers receive a pension that enables them to enjoy their retirement in dignity.\n3. Scope of the opportunity\nNorthern LGPS is seeking to control equity risk on a medium-term basis and possibly on a\nlonger-term strategic basis through the use of an equity overlay solution(s).\nNorthern LGPS is looking to renew its framework of approved equity overlay suppliers to\noffer overlay management services as required during the framework duration. It is\nanticipated that mandates will be awarded on an individual basis to suppliers within this\nframework as required by the underlying plans.\nSuppliers must be able to offer equity risk / drawdown control through a broad range of\noverlay solutions ranging from basic put / put-spread protection through to more complex\nstrategies (as required by individual awards within the framework), and may also be required\nto offer mechanisms for funding (e.g. synthetic equity replication or other funding routes).\nThe approved supplier framework will target a minimum of 3 manager appointments.\nNorthern LGPS are seeking proposals from asset managers. Bank or other non-fiduciary\nsolutions will be excluded.\nSuppliers must be able to implement solutions using their own trading relationships.\nProposals requiring use of client ISDAs will be excluded.\nSuppliers must be regulated to offer services to UK institutional investors.\nIt is estimated that the Northern LGPS will seek to deploy Equity Risk Overlay mandates on\nup to GBP 3bn initially. This figure represents the client's total equity exposure that might be\nreferenced by overlay proposals.\nIndividual mandates within the framework are expected to vary in sizes ranging from GBP\n100m to GBP 2bn, with the framework expected to deploy multiple overlay solutions over\ntime. There is also the potential for aggregate mandate size to grow through the\nincorporation of other asset classes over time.\nSubject to there being a sufficient number of responses meeting the selection criteria,\nNorthern LGPS will select the 10 top scored qualified suppliers to be invited to tender.\nOnce the framework has been awarded, each individual Fund will run their own further\ncompetition between the successful suppliers on the framework when each individual\nrequirement arises.\nThe overall estimate contract spend of £7,236,000 is the estimated spend over the life time of the framework and it is unknown how much will be awarded to each supplier as this will be determined by each further competitions when an individual need arises",
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Competitive procedure with negotiation"
  },
  "parties": [
    {
      "id": "GB-FTS-51663",
      "name": "Wirral Borough Council",
      "roles": [
        "buyer",
        "centralPurchasingBody"
      ],
      "address": {
        "region": "UKD74",
        "locality": "Wallasey",
        "postalCode": "CH44 8ED",
        "countryName": "United Kingdom",
        "streetAddress": "Wallasey Town Hall, Brighton Street"
      },
      "details": {
        "url": "http://www.wirral.gov.uk/",
        "buyerProfile": "http://www.wirral.gov.uk/",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
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      "identifier": {
        "legalName": "Wirral Borough Council"
      },
      "contactPoint": {
        "email": "tenders@wirral.gov.uk",
        "telephone": "+44 1516062002"
      }
    },
    {
      "id": "GB-FTS-99032",
      "name": "Allianz Global Investors",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKD74",
        "locality": "Greater London",
        "postalCode": "EC2M 3TY",
        "countryName": "United Kingdom",
        "streetAddress": "199 Bishopsgate London"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Allianz Global Investors"
      }
    },
    {
      "id": "GB-FTS-99033",
      "name": "AXA Investment Manager",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKD74",
        "locality": "Greater London",
        "postalCode": "EC1A 7NX",
        "countryName": "United Kingdom",
        "streetAddress": "7 Newgate Street"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "AXA Investment Manager"
      }
    },
    {
      "id": "GB-FTS-99034",
      "name": "Insight Investment Management",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKD74",
        "locality": "London",
        "postalCode": "EC4V 4LA",
        "countryName": "United Kingdom",
        "streetAddress": "160 Queen Victoria Street"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Insight Investment Management"
      }
    },
    {
      "id": "GB-FTS-99035",
      "name": "Morgan Stanley Investment Management",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKD74",
        "locality": "London",
        "postalCode": "E14 4QA",
        "countryName": "United Kingdom",
        "streetAddress": "25 Cabot Square"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "legalName": "Morgan Stanley Investment Management"
      }
    },
    {
      "id": "GB-FTS-99036",
      "name": "Schroder Investment Management Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKD74",
        "locality": "Greater London",
        "postalCode": "EC2Y 5AU",
        "countryName": "United Kingdom",
        "streetAddress": "1 London Wall Place"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "legalName": "Schroder Investment Management Limited"
      }
    },
    {
      "id": "GB-FTS-4500",
      "name": "Royal Courts of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Royal Courts of Justice"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "034571-2023-DN645549-1",
      "value": {
        "amount": 7236000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "034571-2023-DN645549-1",
      "dateSigned": "2023-09-30T00:00:00+01:00"
    },
    {
      "id": "034571-2023-DN645549-2",
      "value": {
        "amount": 7236000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "034571-2023-DN645549-2",
      "dateSigned": "2023-09-30T00:00:00+01:00"
    },
    {
      "id": "034571-2023-DN645549-3",
      "value": {
        "amount": 7236000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "034571-2023-DN645549-3",
      "dateSigned": "2023-09-30T00:00:00+01:00"
    },
    {
      "id": "034571-2023-DN645549-4",
      "value": {
        "amount": 7236000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "034571-2023-DN645549-4",
      "dateSigned": "2023-09-30T00:00:00+01:00"
    },
    {
      "id": "034571-2023-DN645549-5",
      "value": {
        "amount": 7236000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "034571-2023-DN645549-5",
      "dateSigned": "2023-09-30T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}

{
  "id": "035897-2022",
  "tag": [
    "tender"
  ],
  "date": "2022-12-19T16:23:25Z",
  "ocid": "ocds-h6vhtk-03928d",
  "buyer": {
    "id": "GB-FTS-41468",
    "name": "Wirral Borough Council"
  },
  "tender": {
    "id": "DN645549",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 7236000,
          "currency": "GBP"
        },
        "status": "active",
        "hasOptions": false,
        "hasRenewal": false,
        "description": "The Local Government Pension Scheme (LGPS) is a national scheme administered on a local basis by Wirral Council as the administering authority for the Northern LGPS.\nThe Fund is governed by the Superannuation Act 1972 and the Public Services Pensions Act 2013.  The Fund is administered in accordance with the following secondary legislation:\n-\tthe LGPS Regulations 2013 (as amended)\n-\tthe LGPS (Transitional Provisions, Savings and Amendment) regulations 2014 (as amended)\n-\tThe Occupational and Personal Pension Scheme (Administration) Regulations 2008\n-\tthe LGPS (Management and Investment of Funds) Regulations 2016\n-\tthe Public Services Pensions (Information about Benefits) Directions 2014.\nNorthern LGPS is a partnership between the Greater Manchester (GMPF), Merseyside (MPF) and West Yorkshire (WYPF) Local Government Pension Scheme (LGPS) funds.\nFormerly known as 'Northern Pool', it is one of Britain’s largest public investment funds, with combined assets under management of £46bn. Northern LGPS represents about a fifth of total LGPS assets, has approximately 880,000 members and over 1,100 contributing employers.\nNorthern LGPS’s purpose is to ensure the assets of its funds perform effectively so that members receive a pension that enables them to enjoy their retirement in dignity.\n3.\tScope of the opportunity\nNorthern LGPS is seeking to control equity risk on a medium-term basis and possibly on a longer-term strategic basis through the use of an equity overlay solution(s).\nNorthern LGPS is looking to renew its framework of approved equity overlay suppliers to offer overlay management services as required during the framework duration. It is anticipated that mandates will be awarded on an individual basis to suppliers within this framework as required by the underlying plans.\nSuppliers must be able to offer equity risk / drawdown control through a broad range of overlay solutions ranging from basic put / put-spread protection through to more complex strategies (as required by individual awards within the framework), and may also be required to offer mechanisms for funding (e.g. synthetic equity replication or other funding routes).\nThe approved supplier framework will target a minimum of 3 manager appointments.\nNorthern LGPS are seeking proposals from asset managers. Bank or other non-fiduciary solutions will be excluded.\nSuppliers must be able to implement solutions using their own trading relationships. Proposals requiring use of client ISDAs will be excluded.\nSuppliers must be regulated to offer services to UK institutional investors.\nIt is estimated that the Northern LGPS will seek to deploy Equity Risk Overlay mandates on up to GBP 3bn initially. This figure represents the client's total equity exposure that might be referenced by overlay proposals.\nIndividual mandates within the framework are expected to vary in sizes ranging from GBP 100m to GBP 2bn, with the framework expected to deploy multiple overlay solutions over time. There is also the potential for aggregate mandate size to grow through the incorporation of other asset classes over time.\nFOR ALL QUERIES, ACCESS TO DOCUMENTATION, EXPRESSIONS OF INTEREST, SUBMISSIONS PLEASE ACCESS VIA THE OPPORTUNITY ON THE CHEST PORTAL VIA http://www.the-chest.org.uk Additional information: This tender is being conducted by the lead Authority Wirral Council for its own Pension Fund, namely Merseyside Pension Fund and also this framework will be ran for, and will include West Yorkshire Pension Fund and Greater Manchester Pension Fund\nThis will be in 2 stages Stage 1  SSQ - with a min of 10 top scored suppliers being put through to Stage 2 - the ITT stage.\nOnce the framework has been awarded, each individual Fund will run their own further competition between the successful suppliers on the framework when each individual requirement arises\nPlease refer to DN645549 for criteria of award for all stages\nPlease note due to Christmas Shut down between 5pm Friday 23rd December 2022 and 9am Tuesday 4th January 2023 no questions will be answered during this period.",
        "secondStage": {
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          "minimumCandidates": 10
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              "type": "quality",
              "description": "60"
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            {
              "name": "Quality (Presentation)",
              "type": "quality",
              "description": "20"
            },
            {
              "type": "price",
              "description": "20"
            }
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        },
        "contractPeriod": {
          "durationInDays": 1440
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
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    ],
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        "id": "1",
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        "deliveryAddresses": [
          {
            "region": "UKD74"
          }
        ]
      }
    ],
    "title": "Equity Overlay / Downside Risk Management",
    "value": {
      "amount": 7236000,
      "currency": "GBP"
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "techniques": {
      "frameworkAgreement": {
        "periodRationale": "no maximum, but minimum of 3 - further competition as outlined in tender documentation",
        "maximumParticipants": null
      },
      "hasFrameworkAgreement": true
    },
    "description": "The Local Government Pension Scheme (LGPS) is a national scheme administered on a local basis by Wirral Council as the administering authority for the Northern LGPS.\nThe Fund is governed by the Superannuation Act 1972 and the Public Services Pensions Act 2013.  The Fund is administered in accordance with the following secondary legislation:\n-\tthe LGPS Regulations 2013 (as amended)\n-\tthe LGPS (Transitional Provisions, Savings and Amendment) regulations 2014 (as amended)\n-\tThe Occupational and Personal Pension Scheme (Administration) Regulations 2008\n-\tthe LGPS (Management and Investment of Funds) Regulations 2016\n-\tthe Public Services Pensions (Information about Benefits) Directions 2014.\nNorthern LGPS is a partnership between the Greater Manchester (GMPF), Merseyside (MPF) and West Yorkshire (WYPF) Local Government Pension Scheme (LGPS) funds.\nFormerly known as 'Northern Pool', it is one of Britain’s largest public investment funds, with combined assets under management of £46bn. Northern LGPS represents about a fifth of total LGPS assets, has approximately 880,000 members and over 1,100 contributing employers.\nNorthern LGPS’s purpose is to ensure the assets of its funds perform effectively so that members receive a pension that enables them to enjoy their retirement in dignity.\n3.\tScope of the opportunity\nNorthern LGPS is seeking to control equity risk on a medium-term basis and possibly on a longer-term strategic basis through the use of an equity overlay solution(s).\nNorthern LGPS is looking to renew its framework of approved equity overlay suppliers to offer overlay management services as required during the framework duration. It is anticipated that mandates will be awarded on an individual basis to suppliers within this framework as required by the underlying plans.\nSuppliers must be able to offer equity risk / drawdown control through a broad range of overlay solutions ranging from basic put / put-spread protection through to more complex strategies (as required by individual awards within the framework), and may also be required to offer mechanisms for funding (e.g. synthetic equity replication or other funding routes).\nThe approved supplier framework will target a minimum of 3 manager appointments.\nNorthern LGPS are seeking proposals from asset managers. Bank or other non-fiduciary solutions will be excluded.\nSuppliers must be able to implement solutions using their own trading relationships. Proposals requiring use of client ISDAs will be excluded.\nSuppliers must be regulated to offer services to UK institutional investors.\nIt is estimated that the Northern LGPS will seek to deploy Equity Risk Overlay mandates on up to GBP 3bn initially. This figure represents the client's total equity exposure that might be referenced by overlay proposals.\nIndividual mandates within the framework are expected to vary in sizes ranging from GBP 100m to GBP 2bn, with the framework expected to deploy multiple overlay solutions over time. There is also the potential for aggregate mandate size to grow through the incorporation of other asset classes over time.\nSubject to there being a sufficient number of responses meeting the selection criteria, Northern LGPS will select the 10 top scored qualified suppliers to be invited to tender.",
    "secondStage": {
      "successiveReduction": true,
      "noNegotiationNecessary": true
    },
    "tenderPeriod": {
      "endDate": "2023-01-20T12:00:00Z"
    },
    "hasRecurrence": false,
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission"
    ],
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://procontract.due-north.com",
    "procurementMethodDetails": "Competitive procedure with negotiation"
  },
  "parties": [
    {
      "id": "GB-FTS-41468",
      "name": "Wirral Borough Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKD74",
        "locality": "Wallasey",
        "postalCode": "CH44 8ED",
        "countryName": "United Kingdom",
        "streetAddress": "Wallasey Town Hall"
      },
      "details": {
        "url": "http://www.wirral.gov.uk/",
        "buyerProfile": "http://www.wirral.gov.uk/",
        "classifications": [
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            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
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      "identifier": {
        "legalName": "Wirral Borough Council"
      },
      "contactPoint": {
        "url": "https://procontract.due-north.com",
        "email": "tenders@wirral.gov.uk",
        "faxNumber": "+44 1516063725",
        "telephone": "+44 1516062002"
      }
    },
    {
      "id": "GB-FTS-71320",
      "name": "West Yorkshire Pension Fund",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE4",
        "locality": "West Yorkshire",
        "postalCode": "BD1 2ST",
        "countryName": "United Kingdom",
        "streetAddress": "Aldermanbury House"
      },
      "details": {
        "url": "https://www.wypf.org.uk/"
      },
      "identifier": {
        "legalName": "West Yorkshire Pension Fund"
      },
      "contactPoint": {
        "email": "pensions@wypf.org.uk"
      }
    },
    {
      "id": "GB-FTS-71321",
      "name": "Greater Manchester Pension Fund",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKD3",
        "locality": "Manchester",
        "postalCode": "M43 6SF",
        "countryName": "United Kingdom",
        "streetAddress": "Guardsman Tony Downes House"
      },
      "details": {
        "url": "https://www.gmpf.org.uk/"
      },
      "identifier": {
        "legalName": "Greater Manchester Pension Fund"
      },
      "contactPoint": {
        "email": "employersupport@gmpf.org.uk"
      }
    },
    {
      "id": "GB-FTS-71322",
      "name": "Merseyside Pension Fund",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKD72",
        "locality": "Liverpool",
        "postalCode": "L2 9SH",
        "countryName": "United Kingdom",
        "streetAddress": "Castle Chambers"
      },
      "details": {
        "url": "https://www.mpfmembers.org.uk/"
      },
      "identifier": {
        "legalName": "Merseyside Pension Fund"
      },
      "contactPoint": {
        "email": "mpfadmin@wirral.gov.uk"
      }
    },
    {
      "id": "GB-FTS-4500",
      "name": "Royal Courts of Justice",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "WC2A 2LL",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Royal Courts of Justice"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}