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Official procurement procedure

Provision of Global Custody Services for Norfolk Pension Fund

Trust and custody services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Norfolk County Council (As Administering Authority for Norfolk Pension Fund): "Provision of Global Custody Services for Norfolk Pension Fund". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityNorfolk County Council (As Administering Authority for Norfolk Pension Fund)Scope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Norfolk County Council (As Administering Authority for Norfolk Pension Fund)
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Norfolk County Council (As Administering Authority for Norfolk Pension Fund). 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
4Bids / Report
0% of reports have one bid
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: 1 active published awards; 1 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 Unpublished data stays unknown.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
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published14 Oct 2021, 08:38 BST
Last source update14 Oct 2021, 08:38 BST
Recurring procurementNot published
ClassificationTrust and custody services
OCIDocds-h6vhtk-02eb9e
What is being bought
Norfolk County Council undertook a Further Competition under the National LGPS Multi-Provider Framework Agreement NCCT42038 for the provision of Global Custody Services.
What changed
From the official release history
  1. Status changed to complete
    14 Oct 2021, 08:38 BST
  2. Official notice release published
    14 Oct 2021, 08:38 BST
  3. Buyer information updated
    14 Oct 2021, 08:38 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Norfolk County Council undertook a Further Competition from the National LGPS Multi-Provider Framework Agreement NCCT42038 for the provision of Global Custody Services.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    14 Oct 2021, 08:38 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 15 Jun 2021, 00:00 BST · £500,000
Commercial outcome and competition
Awards
The Northern Trust Company
Not published · Not published · active
Contracts
Contract
£500,000 · signed 15 Jun 2021, 00:00 BST · active
Bid statistics
bids: 4 (lot 1)
electronicBids: 4 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

Norfolk County Council (As Administering Authority for Norfolk Pension Fund)

Contracting authority GB-FTS-31617
View buyer profile
  • Norfolk County Council (As Administering Authority for Norfolk Pension Fund)
    buyer

    Martineau Lane, NORWICH, UKH15, NR12DH
  • Norfolk County Council
    reviewBody

    Norwich
  • The Northern Trust Company
    supplier

    London, UKI
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleThis was a further competition under the National LGPS Multi-Provider Framework Agreement for the Provision of Global Custody Services NCCT42038