# LPS CORP - Provision of Pension Fund Custodian Services To Lancashire County Council

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Lancashire County Council](/buyers/lancashire-county-council/contract-awards)
- Contract winner: [The Northern Trust Company](/contract-winners/northern-trust/public-sector-contract-awards)
- Award value: £1,500,000
- Tender value: £1,500,000
- Award date: 9 April 2018
- Published: 12 April 2018
- Contract start: 16 April 2018
- Contract end: 15 April 2021
- Stage: awarded
- Procurement category: services
- Notice ID: 898b095b-88f7-487a-b467-f13438e641d3-210620
- OCID: ocds-b5fd17-88ee40b7-1ce0-4301-abd7-6961f656f0cc

## Description

This procurement is to establish a single provider contract agreement for custodian services to LCPF \(Lancashire County Pension Fund\.\) LCPF is currently looking to appoint a Global Custodian to provide a number of services such as, but not limited to: Safekeeping of assets, trade settlements, tax reclaims, cash management, investment accounting etc\. Current annual value of contract estimated at £250,000 per annum but total contract value estimated to be between £900,000 and £2,100,000 over the enire contract period \(including possible extensions\)\. Additional information: Please note: The contract end-date is scheduled for 31st March 2021, with an option to extend for a further three years maximum\. The estimated contract value range is between £900,000 and £2,100,000\. Additional contact email: contractscorporate@lancashire\.gov\.uk

## Related contract awards

- [Enterprise Resource Planning \(ERP\) Solution](/contracts/ocds-b5fd17-0bd69da3-2f77-4d26-ad52-c67f2c59759e): Lancashire County Council
- [National Parking Platform](/contracts/ocds-b5fd17-931403a2-ea7c-4b7b-96cc-7c834ce19c50): Lancashire County Council
- [Provision of an Early Payment Programme](/contracts/ocds-b5fd17-df359217-fd5f-48b5-9bae-95b15da931cf): Lancashire County Council
- [WCC - Global Custody Services](/contracts/ocds-b5fd17-11583dc4-ae8c-405a-b275-04e3a37a6a73): Warwickshire County Council
- [CST136 Global Custody Services](/contracts/ocds-b5fd17-81740272-1043-4ee2-9184-d232e40853dd): Derbyshire County Council
- [SYPA - Custodian Procurement - LGPS Framework Agreement \(NCCT42038\)](/contracts/ocds-b5fd17-b9ab3613-041c-4f38-bdb5-a24342085963): EU SUPPLY LIMITED

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/898b095b-88f7-487a-b467-f13438e641d3-210620)