Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
South Yorkshire Pensions Authority
518243064
Oakwell House, 2 Beevor Court, Pontefract Road
Barnsley, South Yorkshire
S71 1HG
UK
Contact person: Richard Green
Telephone: +44 01226666405
E-mail: RGreen@sypa.org.uk
NUTS: UK
Internet address(es)
Main address: https://www.sypensions.org.uk/
Address of the buyer profile: https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104506
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
II.1.1) Title
SYPA Custodian Procurement - LGPS Framework Agreement
Reference number: Contract-65571
II.1.2) Main CPV code
66162000
II.1.3) Type of contract
Services
II.1.4) Short description
SYPA have appointed a provider to supply global custody services.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
284 558.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66162000
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
Oakwell House, Barnsley.
II.2.4) Description of the procurement
Provision of global custodian services.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 80
Cost criterion: Cost
/ Weighting: 20
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
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
Contract procured via External Framework Agreement.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
Section V: Award of contract
Contract No: 65571
Title: SYPA Custodian LGPS Framework Agreement
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
26/03/2025
V.2.2) Information about tenders
Number of tenders received: 3
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
The Northern Trust Company
769315987
50 Bank Street, Canary Wharf
London
E14 5NT
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 284 558.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
High Court of Justice
The Strand
London
WC2a 2LL
UK
VI.5) Date of dispatch of this notice
08/05/2025