# GSV2311 - PCPF Custodian

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [UK Parliament](/buyers/uk-parliament/contract-awards)
- Tender value: £1,100,000
- Published: 25 October 2021
- Planned start: 1 April 2022
- Planned end: 31 March 2027
- Stage: open_tender
- Procurement category: services
- Notice ID: 650d81ef-c440-4a9f-a5b6-6a90915bc575-479707
- OCID: ocds-b5fd17-827028b0-1ee0-484c-bea7-21d594035dcb

## Description

The Parliamentary Contributory Pension Fund \("the Fund"\) is a statutory public service pension scheme under the Parliamentary and Other Pensions Act 1972\. The Trustees of the Fund are seeking to appoint a global custodian to provide custody services to the Fund\.  The global custodian is to provide a global custody network \(either directly or via a sub custodian arrangement\) for safekeeping and settlement of assets, investment accounting and performance measurement services, supporting a multi-manager investment structure covering the major and alternative asset classes held in segregated mandates and pooled funds\.  Tenderers must be able to demonstrate the ability to work with UK Pension Fund arrangements and meet certain minimum financial stability criteria\.

## Related contract awards

- [MDS4010 - R&R Integration - BES - Feasibility Studies](/contracts/ocds-b5fd17-c50979dd-af85-41a6-bb6f-6465a61d6bc9): UK Parliament
- [Rental of Spine Road Cabins \(2026-2028\)](/contracts/ocds-b5fd17-f0a01b01-83f9-45c5-a27e-d668c5528e07): UK Parliament
- [NPY Carriage Gates Monitoring](/contracts/ocds-b5fd17-6a575cb9-bbe1-4b8e-a084-c46350223057): UK Parliament

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/650d81ef-c440-4a9f-a5b6-6a90915bc575-479707)