Published date: 11 May 2020


Open opportunity - This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.


Closing date: 03 July 2020

Contract summary

Industry

  • Pension investment services - 66131100

Location of contract

North West

Value of contract

£12.0m

Published date

11 May 2020

Closing date

03 July 2020

Contract start date

01 September 2020

Contract end date

31 August 2027

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

The Northern LGPS (GMPF, MPF, & WYPF) wishes to set up a framework for Investment Property Management Services. Full details of the requirements are set out in the tender pack. In summary, the framework will comprise 6 areas of work divided into Lots. Each Lot will have a number of providers, from whom each of the funds can procure services by way of a mini-competition depending on its needs. As can be seen, the current total value of mandates across all three funds is £2 billion (£2,000,000,000). Some of the current mandates overlap across the way the Lots have been divided up, and so the total amount of mandated work from a particular fund may not increase significantly when divided across the Lots. The Northern LGPS estimates that mandates totalling approximately £2 bn - £2.5 bn may be awarded under the lifetime of the framework across all Lots.


About the buyer

Contact name

Natalie McCarthy

Address

4th Floor, Waterside House
Waterside Plaza
Sale
M33 7ZF
United Kingdom

Telephone

+44 1619121616

Email

Natalie.McCarthy@star-procurement.gov.uk


Other information

Attachments

The Chest

https://procontract.due-north.com/Advert?advertId=7f1d9d79-1c83-ea11-80ff-005056b64545

DO NOT contact the buyer direct. You should go to the Chest and electronically express your interest in the requirement, after which point the necessary documentation will be made available to you. All correspondence in regards to this requirement must through the messages function of the Chest, no correspondence will be issued by STAR, the Council, or GMPF outside of the Chest.


How to apply

Please apply directly to the buyer using the contact details provided, or follow the instructions given in the notice description or information section.


Closing date: 03 July 2020