Published date: 2 May 2018

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 28 November 2017

Contract summary

Industry

  • Accounting, auditing and fiscal services - 79200000

Location of contract

London

Value of contract

£245,000

Procurement reference

TOWER001-DN304992-32787997

Published date

2 May 2018

Closing date

28 November 2017

Contract start date

1 January 2018

Contract end date

31 January 2021

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No


Description

The provider will be required to supply the following Global Custody Services; safekeeping of assets in a range of global markets; trade settlement; tax reclaims; corporate actions instruction and collection; proxy voting facilitation; foreign exchangeservices; cash management; investment accounting; online reporting performance measurement; compliance monitoring; passive currency hedging, and other asset administrationservices which may arise from time to time.


Award information

Awarded date

30 April 2018

Contract start date

1 May 2018

Contract end date

30 April 2023

Total value of contract

£125,876

This contract was awarded to 1 supplier.

Northern Trust Company

Address

50 Bank Street Canary Wharf, London,E14 5NT

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

Neil Ward

Address

Mulberry Place
5 Clove Crescent, Town Hall
London
E14 2BG
England

Telephone

+44 2073645000

Email

Neil.Ward@towerhamlets.gov.uk

Website

http://www.towerhamlets.gov.uk