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LGPS Central Global Active Investment Grade Credit Sub-Fund – Manager Procurement

Pension investment services
UK
Published value
£1,800,000
Submission deadline 20 Dec 2024, 12:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: LGPS Central Limited : "LGPS Central Global Active Investment Grade Credit Sub-Fund – Manager Procurement". Published status: active. Published value: £1,800,000. 1 published lot. Recorded submission deadline: 20 Dec 2024, 12:00 GMT. See the official notice for participation instructions.
Contracting AuthorityLGPS Central Limited Scope & CategoriesNot publishedSubmission Window
Closed
20 Dec 2024, 12:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£1,800,000
Bidder Intelligence · Authority Profile: LGPS Central Limited
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for LGPS Central Limited . These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLGPS Central Limited
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published5 Dec 2024, 16:33 GMT
Last source update5 Dec 2024, 16:33 GMT
Recurring procurementNo
ClassificationPension investment services
Delivery area
UK
OCIDocds-h6vhtk-04c2bf
What is being bought
LGPS Central is looking for Global Investment Grade Credit managers that already have a minimum £5bn of external client money invested in Global Investment Grade Credit as of 30th September 2024 with a five-year track record (to the same date) in managing a Global Active Investment Grade Credit strategy. LGPSC is looking for active managers who utilise a fundamental rather than quantitative approach, evidence of strong performance, and the capability to build a robust and high-quality credit portfolio.This procurement will be split into three stages:Stage 1 - Standard Questionnaire to manage correspondence and clarifications submitted via In-Tend Stage 2 - Presentation Stage to manage correspondence (including issuing results of Stage 1)Stage 3 - Due Diligence of successful managers (including issuing results of Stage 2)
What changed
From the official release history
  1. Published value updated to £1,800,000
    5 Dec 2024, 16:33 GMT
  2. Status changed to active
    5 Dec 2024, 16:33 GMT
  3. Official notice release published
    5 Dec 2024, 16:33 GMT
  4. Submission deadline changed to 20 Dec 2024, 12:00 GMT
    5 Dec 2024, 16:33 GMT
  5. Buyer information updated
    5 Dec 2024, 16:33 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£1,800,000
    Stage 1 - Standard Questionnaire to manage correspondence and clarifications submitted via In-Tend Stage 2 - Presentation Stage to manage correspondence (including issuing results of Stage 1)Stage 3 - Due Diligence of successful managers (including issuing results of Stage 2) Additional information: This will be a rolling contract with no fixed end date or minimum duration, however LGPS reserves the right to terminate the contract giving any applicable notice period agreed upon in any pursuant contract. This contract term has been described as 48 months only in the interest of calculating a value.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    5 Dec 2024, 16:33 GMT
  2. Submission deadline
    20 Dec 2024, 12:00 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

LGPS Central Limited

Contracting authority GB-FTS-132140
View buyer profile
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published