Published date: 2 July 2021
Awarded contract - This means that the contract has been awarded to a supplier.
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
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Closing: 19 May 2021, 12pm