Who won: Asset Servicing for Private Markets

A public sector contract from LGPS CENTRAL LIMITED. Below: what it involves and how to write a winning bid for it.

Buyer

LGPS CENTRAL LIMITED

Published

19 June 2026

Region

UKG39

About this contract

Provision of transaction processing, cash settlement, investment look through reporting and maintenance of IBOR for three partner funds. Please note: The standstill period detailed in the previous Contract Award Notice does not apply to this contract award and was included only to resolve the technical issue identified below. The Contracting Authority is relying on the direct award ground set out in paragraph 13 of Schedule 5 to the Procurement Act 2023 (urgency) (as more fully explained in the associated Transparency Notice published on 18 June 2026) in respect of this contract award. In accordance with s.51(3)(a) of the Act, the Contracting Authority is not required observe a standstill period. Notwithstanding that a standstill period was included in the earlier Contract Award Notice, it does not apply and is not a voluntary standstill period for the purposes of s.51(4) of the Act. The Contracting Authority has been advised there is a technical error within Find a Tender and currently Contract Award Notices can only be published if a standstill period is stated, which in this scenario as explained above, is not a mandatory requirement. Therefore the standstill period detailed in

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✓Answer against the marking scheme, not the question text — LGPS CENTRAL LIMITED scores each response, so map your evidence to the published criteria and weightings.
✓Lead with evidenced capability and social value — for public sector work these usually outweigh price.
✓Show recent, comparable delivery: name similar public sector contracts you've delivered for public bodies, with measurable outcomes.
✓This one's been awarded — but LGPS CENTRAL LIMITED retenders on a cycle. Get matched the day the next one lands and start your draft early.

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