RFP QuestBeta
ClosedStage · contract

Pension Protection Fund

Custody and Investment Operations Outsourcing Services

Financial ServicesCPV 66000000 66100000 66160000
Value£53.0m
Deadline18 Nov 2021
Published15 Dec 2021
RegionLondon
Timeline
Published 15 Dec 2021ClosedCloses 18 Nov 2021
Contract value in context
£53.0mtotal contract value
median £150k
this tender£0£57.2m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

Custody and Investment Operations Outsourcing (IOO) Services.

Custodian Services also include Fund accounting and transfer agency services (unitisation).

We may also appoint a second/reserve Custodian to manage some of the PPF's assets, the exact amount is to be confirmed.

Total contract length stated is based on the maximum possible contract term of 10 years.

The initial contract term for Custody is 5 years and IOO 3 years.

The minimum contract value and maximum contract values are based on the initial contract term and maximum contract term to be spread across the primary and reserve/secondary custodian, exact split is unknown at this stage.

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Source & provenance
OCID
0553710e-eef9-47af-8eb6-976e693ff1df
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
tender_275959/1022554
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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