SYPA Custodian Procurement - LGPS Framework Agreement

Official notice

Authority: South Yorkshire Pensions Authority (Public body)

Framework agreementServicesAward procedure without prior publication of a call for competition

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

Framework ceiling (notional)Value not publishedframework ceiling, not attributable revenue

Awarded 26 Mar 2025no call for competition

What is being bought

Published requirement description

SYPA have appointed a provider to supply global custody services.

CPV: Custody services

The lotProcurement structure

single lot · no lot value published

Lot #1Provision of global custodian servicesAwarded

Delivery: UK · Oakwell House, Barnsley.

66162000 Custody services

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Framework agreement
Who may use this agreement: Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 8 May 2025, 09:47 BST
Last source update: 8 May 2025, 09:47 BST
Authority reference: Contract-65571
FTS notice number: 2025/S 000-019574
Classification (CPV): Custody services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-050e5d Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: Contract procured via External Framework Agreement.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Suppliers appointed 1admitted to the panel · see the list ↓

Bids received 3

Contracts signed 1latest 26 Mar 2025

1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

SYPA Custodian LGPS Framework Agreement
Signed
26 Mar 2025
Value
£284,558
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
3bids	—	—	—

Contracting authority & participating public bodies

South Yorkshire Pensions Authority

Contracting authorityPublic bodyRegional or local authorityGeneral public services 518243064 Oakwell House, 2 Beevor Court, Pontefract Road, Barnsley, South Yorkshire, UK, S71 1HGContact name, email, phone

Dispute resolution & review bodies

High Court of JusticeReview body London

Framework contractors & participating bidders

1 commercial party on the notice

The Northern Trust CompanyFramework contractor769315987 50 Bank Street, Canary Wharf, London, UK, E14 5NT

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.