The TED website is eForms-ready since 2.11.2022. The search changed: please adapt your predefined expert queries. Discover the changes in the site news and in the updated Help Pages

Services - 455089-2020

28/09/2020    S188

United Kingdom-Norwich: Trust and custody services

2020/S 188-455089

Contract notice


Legal Basis:
Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses
Official name: Norfolk County Council (as Administering Authority for Norfolk Pension Fund)
Postal address: Lawrence House, 5 St Andrews Hill
Town: Norwich
NUTS code: UKH15 Norwich and East Norfolk
Postal code: NR2 1AD
Country: United Kingdom
Contact person: Julie Ward
Internet address(es):
Main address:
Address of the buyer profile:
The procurement documents are available for unrestricted and full direct access, free of charge, at:
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted to the abovementioned address
I.4)Type of the contracting authority
Regional or local authority
I.5)Main activity
General public services

Section II: Object

II.1)Scope of the procurement

Multi Provider Framework Agreement for the Provision of Global Custody Services Primarily in Support of the Local Government Pension Scheme

Reference number: NCCT42038
II.1.2)Main CPV code
66160000 Trust and custody services
II.1.3)Type of contract
II.1.4)Short description:

The Norfolk Pension Fund, administered by Norfolk County Council, is seeking to establish a multi-provider framework agreement for the provision of Global Custody Services primarily in support of the local government pension scheme on its own behalf and on behalf of Cambridgeshire County Council, The City of Edinburgh Council, Essex County Council, Northamptonshire County Council, Hampshire County Council, Hertfordshire County Council, Suffolk County Council and Wolverhampton City Council.

II.1.5)Estimated total value
Value excluding VAT: 50 000 000.00 GBP
II.1.6)Information about lots
This contract is divided into lots: no
II.2.3)Place of performance
Main site or place of performance:

II.2.4)Description of the procurement:

The founder authorities named above wish to establish a multi-provider framework agreement for the provision of Global Custody Services to be available to all LGPS administering authorities and other bodies as defined in this OJEU contract notice, to provide national access to high-quality efficient and effective services at the best possible price.

II.2.5)Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 48
This contract is subject to renewal: no
II.2.10)Information about variants
Variants will be accepted: no
II.2.11)Information about options
Options: no
II.2.13)Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:

III.1.2)Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3)Technical and professional ability
Selection criteria as stated in the procurement documents
III.2)Conditions related to the contract
III.2.2)Contract performance conditions:

Please see the invitation to tender and associated documents.

Section IV: Procedure

IV.1.1)Type of procedure
Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
Framework agreement with several operators
Envisaged maximum number of participants to the framework agreement: 6
In the case of framework agreements, provide justification for any duration exceeding 4 years:

The framework agreement will be in place for 4 years. Contracts awarded under the framework may have a maximum total duration of 10 years. No contract awarded from the framework will be permitted to extend beyond February 2035.

IV.1.8)Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: no
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure
Notice number in the OJ S: 2020/S 105-255403
IV.2.2)Time limit for receipt of tenders or requests to participate
Date: 09/11/2020
Local time: 10:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates
IV.2.4)Languages in which tenders or requests to participate may be submitted:
IV.2.7)Conditions for opening of tenders
Date: 09/11/2020
Local time: 10:05

Section VI: Complementary information

VI.1)Information about recurrence
This is a recurrent procurement: no
VI.3)Additional information:

This procurement will be managed electronically via the Council's eProcurement system. To participate in this procurement, applicants must first be registered on the system at Full instructions for registration and use of the system can be found at Once registered you will be able to see the procurement project under the ‘tenders’ section and ‘express an interest’ to view the documentation. If you encounter any difficulties whilst using the system you can contact the InTend support team by phoning +44 8442728810 or emailing mail to: (if you at already registered there is no need to re-register). The framework agreement is being let by Norfolk County Council as the contracting authority. Norfolk County Council is working jointly with the following authorities, who have expressed an intention to procure services under the framework (including itself):

— Cambridgeshire County Council (as administering authority of the Cambridgeshire Pension Fund), Shire Hall, Castle Hill, Cambridge CB3 0AP. e-mail:

— City of Edinburgh (as Administering Authority of the Lothian Pension Fund), Atria One, 144 Morrison Street, Edinburgh EH3 8EX. e-mail:

— Essex County Council (as administering authority of the Essex Pension Fund), PO Box 11, County hall, Chelmsford, CM1 1LX. email:

— Northamptonshire County Council (as administering authority of the Northamptonshire Pension Fund), One Angel Square, Angel Street, Northampton, NN1 1ED. e-mail:

— Hampshire County Council, The Castle, Winchester, SO23 8UJ. e-mail:

— Hertfordshire County Council (as administering authority of the Hertfordshire Pension Fund), County Hall, Pegs Lane, Hertford SG13 8DQ. e-mail:

— Suffolk County Council (as administering authority of the Suffolk Pension Fund), Endeavour House, 8 Russell Road, Ipswich IP1 2BX. e-mail:

— Wolverhampton City Council (as administering authority of the West Midlands Pension Fund), PO Box 3948, Wolverhampton, WV1 1XP. email:

In addition to those listed above, the framework may also be used by:

— any LGPS administering authorities as defined in the Local Government Pension Scheme Regulations 2013 (SI 2013/2356) (as amended) including the firefighters’ pension scheme and police pension schemes and any of their participating employing authorities, or in relation to the LGPS in Scotland, any administering authority and any of their Scheme employers as defined in the Local Government Pension Scheme (Scotland) Regulations 2018 (SSI 2018/141) (as amended);

— NILGOSC in Northern Ireland and employing authorities as defined in the Local Government Pension Scheme Regulations (Northern Ireland) 2014 (SRNI 2014/188) (as amended);

— the Board of the Pension Protection Fund (;

— any other administering authority or organisation of a public sector pension scheme or any public sector body or that requires pension related services;

— any common asset pool or collective investment vehicle established by or on behalf of an administering authority or group of administering authorities; or

— any bodies, organisations or companies established by them for the purpose of operating on a collective basis.

VI.4)Procedures for review
VI.4.1)Review body
Official name: Norfolk County Council
Town: Norwich
Country: United Kingdom
VI.4.3)Review procedure
Precise information on deadline(s) for review procedures:

VI.5)Date of dispatch of this notice: