Contract

SYPA Custodian Procurement - LGPS Framework Agreement

  • South Yorkshire Pensions Authority

F03: Contract award notice

Notice identifier: 2025/S 000-019574

Procurement identifier (OCID): ocds-h6vhtk-050e5d

Published 8 May 2025, 9:47am



Section one: Contracting authority

one.1) Name and addresses

South Yorkshire Pensions Authority

Oakwell House, 2 Beevor Court, Pontefract Road

Barnsley, South Yorkshire

S71 1HG

Contact

Richard Green

Email

RGreen@sypa.org.uk

Telephone

+44 01226666405

Country

United Kingdom

Region code

UK - United Kingdom

National registration number

518243064

Internet address(es)

Main address

https://www.sypensions.org.uk/

Buyer's address

https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104506

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

SYPA Custodian Procurement - LGPS Framework Agreement

Reference number

Contract-65571

two.1.2) Main CPV code

  • 66162000 - Custody services

two.1.3) Type of contract

Services

two.1.4) Short description

SYPA have appointed a provider to supply global custody services.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £284,558

two.2) Description

two.2.2) Additional CPV code(s)

  • 66162000 - Custody services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom
Main site or place of performance

Oakwell House, Barnsley.

two.2.4) Description of the procurement

Provision of global custodian services.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 80

Cost criterion - Name: Cost / Weighting: 20

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Award of a contract without prior publication of a call for competition in the cases listed below

  • The procurement falls outside the scope of application of the regulations

Explanation:

Contract procured via External Framework Agreement.

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No


Section five. Award of contract

Contract No

65571

Title

SYPA Custodian LGPS Framework Agreement

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

26 March 2025

five.2.2) Information about tenders

Number of tenders received: 3

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

The Northern Trust Company

50 Bank Street, Canary Wharf

London

E14 5NT

Country

United Kingdom

NUTS code
  • UK - United Kingdom
National registration number

769315987

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £284,558


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

High Court of Justice

The Strand

London

WC2a 2LL

Country

United Kingdom