← Back to search results

AwardedFind a Tender · award

Rate Card Benchmarking

Buyer: LONDON LGPS CIV LIMITED →

BuyerLONDON LGPS CIV LIMITED
StatusAwarded
DeadlineNot published
ValueValue not published
Published18 Mar 2026

What is being bought

Benchmark the RFP submissions from vendors for the services of Custody, Depository and Fund Accounting

Delivery location

UK

Categories

Financial markets administration services 66150000Financial markets administration services 66150000

Lot details

Lot 1

Benchmarking of commercial arrangements included within RFP responses

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Financial markets administration servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial markets administration services (66150000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 661,0303 median · 20.3 average (320 of 1,030 with a bid count)2 average (368 of 1,030 with named award suppliers)Not published
Same buyer1Not publishedNot publishedNot published
Delivery region: UK3296 median · 12.3 average (81 of 329 with a bid count)2.8 average (101 of 329 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleThis work had to be undertaken by a Consultancy Firm with deep experience in the RFP process we were undertaking at the time. Given the high contract value of the RFP outcome, we felt that it was right that we obtain an independent assessment of the commercials being proposed by the bidders.
Rationale classificationsThe works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

024689-2026-1

Statusactive
Value£60,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-066dd0
Latest release ID024689-2026
Latest release timestampWed Mar 18 2026 14:41:03 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
18 Mar 2026award, contract024689-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "024689-2026",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2026-03-18T14:41:03Z",
  "ocid": "ocds-h6vhtk-066dd0",
  "buyer": {
    "id": "GB-COH-09136445",
    "name": "LONDON LGPS CIV LIMITED"
  },
  "awards": [
    {
      "id": "024689-2026-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-04710715",
          "name": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "P00625",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Benchmarking of commercial arrangements included within RFP responses",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66150000",
            "scheme": "CPV",
            "description": "Financial markets administration services"
          }
        ]
      }
    ],
    "title": "Rate Card Benchmarking",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Benchmark the RFP submissions from vendors for the services of Custody, Depository and Fund Accounting",
    "classification": {
      "id": "66150000",
      "scheme": "CPV",
      "description": "Financial markets administration services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "This work had to be undertaken by a Consultancy Firm with deep experience in the RFP process we were undertaking at the time. Given the high contract value of the RFP outcome, we felt that it was right that we obtain an independent assessment of the commercials being proposed by the bidders.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_TECHNICAL",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-COH-09136445",
      "name": "LONDON LGPS CIV LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI44",
        "locality": "London",
        "postalCode": "SE10NZ",
        "countryName": "United Kingdom",
        "streetAddress": "4th Floor, 22 Lavington Street"
      },
      "details": {
        "url": "https://londonciv.org.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "09136445",
        "scheme": "GB-COH",
        "legalName": "LONDON LGPS CIV LIMITED"
      },
      "contactPoint": {
        "name": "Ian Inglis",
        "email": "ian.inglis@londonciv.org.uk",
        "telephone": "+44 2080369030"
      }
    },
    {
      "id": "GB-COH-04710715",
      "name": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "04710715",
        "scheme": "GB-COH",
        "legalName": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED"
      },
      "contactPoint": {
        "email": "joseph.sproul@alphafmc.com"
      }
    },
    {
      "id": "GB-FTS-177698",
      "name": "Martin Gloyne",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Martin Gloyne"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "024689-2026-1",
      "value": {
        "amount": 60000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "024689-2026-1",
      "dateSigned": "2026-03-18T00:00:00Z"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
18 Mar 2026 · 024689-2026 · award, contract
{
  "id": "024689-2026",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2026-03-18T14:41:03Z",
  "ocid": "ocds-h6vhtk-066dd0",
  "buyer": {
    "id": "GB-COH-09136445",
    "name": "LONDON LGPS CIV LIMITED"
  },
  "awards": [
    {
      "id": "024689-2026-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-04710715",
          "name": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "P00625",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "Benchmarking of commercial arrangements included within RFP responses",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66150000",
            "scheme": "CPV",
            "description": "Financial markets administration services"
          }
        ]
      }
    ],
    "title": "Rate Card Benchmarking",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Benchmark the RFP submissions from vendors for the services of Custody, Depository and Fund Accounting",
    "classification": {
      "id": "66150000",
      "scheme": "CPV",
      "description": "Financial markets administration services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "This work had to be undertaken by a Consultancy Firm with deep experience in the RFP process we were undertaking at the time. Given the high contract value of the RFP outcome, we felt that it was right that we obtain an independent assessment of the commercials being proposed by the bidders.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_TECHNICAL",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The works, supplies or services can be provided only by a particular economic operator due to absence of competition for technical reasons"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-COH-09136445",
      "name": "LONDON LGPS CIV LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI44",
        "locality": "London",
        "postalCode": "SE10NZ",
        "countryName": "United Kingdom",
        "streetAddress": "4th Floor, 22 Lavington Street"
      },
      "details": {
        "url": "https://londonciv.org.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "09136445",
        "scheme": "GB-COH",
        "legalName": "LONDON LGPS CIV LIMITED"
      },
      "contactPoint": {
        "name": "Ian Inglis",
        "email": "ian.inglis@londonciv.org.uk",
        "telephone": "+44 2080369030"
      }
    },
    {
      "id": "GB-COH-04710715",
      "name": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "04710715",
        "scheme": "GB-COH",
        "legalName": "ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED"
      },
      "contactPoint": {
        "email": "joseph.sproul@alphafmc.com"
      }
    },
    {
      "id": "GB-FTS-177698",
      "name": "Martin Gloyne",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "Martin Gloyne"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "024689-2026-1",
      "value": {
        "amount": 60000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "024689-2026-1",
      "dateSigned": "2026-03-18T00:00:00Z"
    }
  ],
  "initiationType": "tender"
}