Section one: Contracting authority
one.1) Name and addresses
POOL REINSURANCE COMPANY LIMITED
Equitable House, 47 King William St
London
EC4R 9AF
Contact
Commercial Services
commercialservices@poolre.co.uk
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Global Custodian and Investment Accounting Services
Reference number
PRE00132
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
Pool Re is awarding two suppliers for the provision of global custodian and
investment accounting services for its investment fund.
The procurement was structured in two individual lots: Lot 1) Provision of global
custodian services; Lot 2) Provision of investment accounting services.
two.1.6) Information about lots
This contract is divided into lots: Yes
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £4,011,350
two.2) Description
two.2.1) Title
Global Custodian
Lot No
1
two.2.2) Additional CPV code(s)
- 66000000 - Financial and insurance services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
Pool Re is awarding two suppliers for the provision of global custodian and
investment accounting services for its investment fund.
The procurement was structured in two individual lots: Lot 1) Provision of global
custodian services; Lot 2) Provision of investment accounting services.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The Initial Term of the Contract is 5 years. Pool Re may extend the term for 5 additional periods of up to 12 months.
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2) Description
two.2.1) Title
Provision of Investment Accounting
Lot No
2
two.2.2) Additional CPV code(s)
- 66000000 - Financial and insurance services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
Pool Re is awarding two suppliers for the provision of global custodian and
investment accounting services for its investment fund.
The procurement was structured in two individual lots: Lot 1) Provision of global
custodian services; Lot 2) Provision of investment accounting services.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The Initial Term of the Contract is 5 years. Pool Re may extend the term for 5 additional periods of up to 12 months.
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
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2024/S 000-001110
Section five. Award of contract
Contract No
PRE00132
Lot No
1
Title
Global Custody Agreement
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
13 December 2024
five.2.2) Information about tenders
Number of tenders received: 4
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
JPMORGAN CHASE BANK, N.A., LONDON BRANCH
25 Bank Street, Canary Wharf, London E14 5JP
London
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £2,261,350
Section five. Award of contract
Contract No
PRE00132
Lot No
2
Title
Provision of Investment Accounting Services
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
25 June 2024
five.2.2) Information about tenders
Number of tenders received: 6
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Clearwater Analytics, LLC
52 Conduit Street Westminster
London
W1S 2YX
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £1,750,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Royal Court of Justice
Strand
London
WC2A 2LL
Country
United Kingdom