Procurement for Third Party Administration & Depositary Services

Official notice

Authority: BORDER TO COAST PENSIONS PARTNERSHIP LIMITED (Public body)

ServicesCompetitive procedure with negotiation

Sectors: Financial and insurance services (66) Delivery: UK

Budget not disclosedValue not published

Submissions closed 24 Jan 2022

What is being bought

Published requirement description

Border to Coast Pensions Partnership requires a single contracting entity to provide all services outlined for UK Fund, Global Funds, Custody Only assets.

The documentation required for the procurement process will be available via our procurement portal - Proactis at procontract.due-north.com/Login ↗. If you are not currently registered as a supplier, please do so now to access the Pre Qualification Questionnaire (PQQ) and Invitation to Negotiate (ITN). We suggest one primary contact is used per organisation.

The PQQ and ITN are being issued with this notice today on 30/11/21.

CPV: Deposit services · Financial market operational services · Financial transaction processing and clearing-house services · International payment transfer services · Trust and custody services

The lotProcurement structure

single lot · no lot value published

Lot #1Border to Coast Pensions Partnership requires a single contracting entity to provide…Renewal

Border to Coast Pensions Partnership requires a single contracting entity to provide all services outlined for UK Fund, Global Funds, Custody Only assets. Services required include:

Custody
Depositary
Fund Accounting
Unit Dealing & TA
Real Estate Investment Operations
Front Office Property Management System
Implementation Plan

In order to engage with this procurement, all Interested parties must complete and submit the (“Part 1”) Pre-Qualification Questionnaire (PQQ) in the first instance, which seeks responses in relation to their technical capacity or professional ability, and their economic and financial standing.

Border to Coast will evaluate the PQQ responses and select a minimum of 3, highest ranking qualified candidates. The ITN should then be completed by those suppliers (Tenderers).

Delivery: UK

Extensions: An initial term of five (5) years, following which Border to Coast will have the option (at not less than 12 months’ notice prior to expiry of the initial term) to extend for a further two (2) years, with a second option to extend by a further two (2 years) again (at not less than 12 months’ notice prior to expiry of the second term).Variant bids: not allowed

66115000 International payment transfer services 66151000 Financial market operational services 66160000 Trust and custody services 66172000 Financial transaction processing and clearing-house services

Procedure terms & legal framework

From the official record

Procedure method: Competitive procedure with negotiation
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Closed
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Unspecified in notice
Recurring procurement: No (one-off requirement)
First published: 30 Nov 2021, 14:55 GMT
Last source update: 30 Nov 2021, 14:55 GMT
Authority reference: DN583797
FTS notice number: 2021/S 000-029704
Classification (CPV): Deposit servicesFinancial market operational servicesFinancial transaction processing and clearing-house servicesInternational payment transfer servicesTrust and custody services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-02fb79 Find a Tender

How it was run

Official notice

Run through: ProContract (Due North) · Who buys & how to bid on ProContract

Supplier login requiredLanguage: EN

Access & registration note: Free · short registration with manual review; public opportunity list

Submission deadline: 24 Jan 2022, 12:00 GMT
Submission channel: {"electronicSubmission"}
Accepted languages: en

Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com/Login ↗

Timeline

30 Nov 2021 → 24 Jan 2022 · 3 dates

Invitations to tender expected
30 Nov 2021
Notice published
30 Nov 2021, 14:55 GMT
Submission deadline
24 Jan 2022, 12:00 GMT

Contracting authority & participating public bodies

Border to Coast Pensions Partnership Ltd

Contracting authorityPublic bodyBody governed by public lawEconomic affairs N/A 5th Floor, Toronto Square, Toronto Street, Leeds, UK, LS1 2HJContact name, email Published organisation website ↗

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.