Section one: Contracting authority/entity
one.1) Name and addresses
LGPS Central Limited
Mander House, Mander Centre
Wolverhampton
WV1 3NB
Country
United Kingdom
NUTS code
UKG39 - Wolverhampton
Internet address(es)
Main address
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
LGPS Central UK Direct Property Fund Depositary
Reference number
2021/S 000-015260
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
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.
Section six. Complementary information
six.6) Original notice reference
Notice number: 2021/S 000-015260
Section seven. Changes
seven.1.2) Text to be corrected in the original notice
Section number
IV.2.2)
Instead of
Date
30 July 2021
Local time
12:00pm
Read
Date
2 August 2021
Local time
12:00pm