RFP QuestBeta
ClosedStage · tender

LGPS Central Limited

LGPS Central UK Direct Property Fund Depositary

Financial ServicesCPV 66000000
ValueValue not published
Deadline30 Jul 2021
Published27 Jul 2021
RegionNationwide
Timeline
Published 27 Jul 2021ClosedCloses 30 Jul 2021
Who to contact
Neil.Wain@lgpscentral.co.uk

The procurement contact named on the official notice.

How to submit
Open the submissions portal

The submission route named on the official notice.

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The brief

LGPS Central will be the AIFM of the Property ACS and wishes to appoint a Depositary to: - Provision of a Formal Property Procedure for the sale and disposal of assets the Investment Manager will be expected to follow.- Monitoring the AIF’s cash flows.- Monitoring that the investor transactions, sale, issue, repurchase and redemption of units in the funds are processed correctly and on a timely basis.- Monitoring that the investments are appropriate.- Oversight of the register of investors.- Monitoring NAV calculations according to the prospectus and regulatory requirements.- Oversight of income and distributions.- Monitoring reconciliation of cash accounts and reviewing cash flows.- How you will hold the fund’s assets and how this is specifically tailored for a property fund.An overview of the services in respect of the Project is set out in the Selection Questionnaire document on the In-tend system.

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Source & provenance
OCID
ocds-h6vhtk-02c30f
Stage
tender · Open
Source
Find a Tender
Buyer ref
015260-2021
View the original notice on Find a Tender

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

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