AwardedAwarded 4 December 2025
Fund Administration, Custody, Depository & Client Reporting Services
London LGPS Civ Limited · Local or regional public body
In brief
London LGPS Civ Limited awarded financial services and IT and software work to Northern Trust Global Investments Limited and Opus Nebula on 4 December 2025.
It is split into 3 lots, so a supplier can bid for part of the work.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
The Authority is seeking to appoint one or more suppliers to deliver a range of services in support of its investment fund platform, operational oversight model, and client servicing responsibilities. These services have been grouped into three Lots and will be awarded via a Competitive Flexible Procedure under the Procurement Act 2023.
The services sought through this procurement will replace those currently delivered by the Authority's existing providers, whose contracts are due to expire on 31 December 2025. A transition window will be established to allow for implementation and onboarding activities in advance of go-live dates.
Suppliers may submit proposals for one, multiple, or all Lots. Each Lot will be evaluated and awarded independently, and the Authority reserves the right to award all, some, or none of the Lots depending on the quality and value of tenders received.
Lots
| Lot | Trade | Value |
|---|---|---|
| Lot 1 | — | — |
| Lot 2 | — | — |
| Lot 3 | — | — |
Who won
| Winner | Lot | Value | Dates |
|---|---|---|---|
| Northern Trust Global Investments Limited | Lot 1, Lot 3 | £18,480,000 | Awarded 4 December 2025 |
| Opus Nebula (SME) 4 bids received | Lot 2 | £523,678 | Awarded 4 December 2025 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Contract award notice · UK6, notice 079676-2025
About the buyer
London LGPS Civ LimitedLast 12 months
Procurements
8Awards
4Suppliers it has used most for financial services
- Alpha Financial Markets Consulting UK Limited1 contract
- Mirador Solutions Consultancy Ltd1 contract
- Northern Trust Global Investments Limited1 contract
- Opus Nebula1 contract
Similar open tenders
All open financial services tenders- £65kestimated
- £11.2mestimated
- £130mframework ceiling
- £13.6mestimated
- £3mframework ceiling
From notice 079676-2025 on Find a Tender, first published 4 December 2025. We last checked for changes on 28 September 2026.