Published date: 2 July 2021

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


Closing: 19 May 2021, 12pm

Contract summary

Industry

  • Pension fund management services - 66141000

Location of contract

PO19 1RQ

Value of contract

£0

Procurement reference

WSCC - 032654 - AWARD

Published date

2 July 2021

Closing date

19 May 2021

Closing time

12pm

Contract start date

31 May 2021

Contract end date

30 September 2021

Contract type

Service contract

Procedure type

Other

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No


Description

West Sussex County Council (WSCC) is looking to appoint a Transition Manager during Q1-Q2 of 2021.

In November 2020 the Joint Committee which governs the ACCESS Pool decided to add a global equity sub fund and a fixed income sub fund to the Pool. The new sub funds will not be operational until Autumn 2021 and therefore interim arrangements are being put in place to invest in existing managed funds.

The objectives of the transition are to:

fully redeem the legacy mandates in a cost-effective manner;
maintain market exposure throughout; and
invest in the funds in line with the specified allocation.

This ITT is available to organisations who are listed on Lot 2 of Norfolk County Council's Framework Agreement for Transition Management and Implementation Services (OJEU Ref 2018/S 036-078874) (who are referred to from this point forward as "The Bidders").

This Tender Document contains details of:

Background information in relation to the Services.
The Council's requirements.
The Procurement and Evaluation Process.
Instructions for Bidders on how to respond to this Tender Document.


Award information

Awarded date

25 May 2021

Contract start date

31 May 2021

Contract end date

30 September 2021

Total value of contract

£462,934

This contract was awarded to 1 supplier.

Northern Trust

Address

50 Bank Street, London, United Kingdom, E14 5NT

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

James Skilling (WSCC)

Address

West Street
Chicester
West Sussex
PO19 1RQ
United Kingdom

Telephone

+443302225432

Email

james.skilling@westsussex.gov.uk