Published date: 31 October 2024

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


Closing: 3 May 2024, 4pm

Contract summary

Industry

  • Investment banking services and related services - 66120000

Location of contract

North East

Value of contract

£1,229,780

Procurement reference

TWPF_CUST24

Published date

31 October 2024

Closing date

3 May 2024

Closing time

4pm

Contract start date

1 October 2024

Contract end date

30 September 2034

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Provision of global custody services for Tyne and Wear Pension Fund investment portfolio.

More information

Additional text

The LGPS Frameworks Global Custody Services framework was used to call off this award.

Award information

Awarded date

21 June 2024

Contract start date

1 October 2024

Contract end date

30 September 2034

Total value of contract

£1,229,780

This contract was awarded to 1 supplier.

The Northern Trust Company

Address

London Branch
50 Bank Street
Canary Wharf
LONDON
E14 5NT

Reference

Companies House number: BR001960

Value of contract

£1,229,780

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Louise Gudgin

Address

Town Hall
SOUTH SHIELDS
NE332RL
England

Email

louise.gudgin@southtyneside.gov.uk