Multi Provider Framework Agreement for the Provision of Global Custody Services Primarily in Support of the Local Government Pension Scheme
A Modification Notice
by NORFOLK COUNTY COUNCIL
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 4 year
- Value
- £50M-£520M
- Sector
- BUSINESS
- Published
- 31 Mar 2026
- Delivery
- To 31 Mar 2030 (est.)
- Deadline
- n/a
Related Terms
Location
NORWICH
Geochart for 2 buyers and 5 suppliers
2 buyers
- Norfolk County Council Norwich
5 suppliers
- Bank of New York Mellon London
- State Street & Trust London
- HSBC Bank London
- Caceis Bank UK Branch London
- Northern Trust London
Description
Provision of Global Custody Services to be available to all LGPS Funds
Ammendments to Previous Notice
2. Contract value
GBP 500,000,000 520,000,000
Award Detail
| 1 | Bank of New York Mellon (London)
|
| 2 | State Street & Trust (London)
|
| 3 | HSBC Bank (London)
|
| 4 | Caceis Bank UK Branch (London)
|
| 5 | Northern Trust (London)
|
CPV Codes
- 66160000 - Trust and custody services
Indicators
- Contract modified due to unforeseen circumstances.
Legal Justification
The reason for the extension is that the new procurement Act will potentially offer more flexibility for future Frameworks, which we believe will benefit the Global Custody Framework (e.g. competitive dialogue and longer Framework periods), maximising value for money for its users.
Reference
- FTS 029647-2026