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AWARD
Complete
Futures Clearing Broker Services
Published 3 Jul 2026
3 Jul 2026
- Primary CPV
-
66170000 *
Financial consultancy, financial transaction processing and clearing-house services
- Location
- 🇬🇧 Leeds, Yorkshire & the Humber
- Value
- No value specified
- Contract
-
5 years Duration
02/09/2026 01/09/2031
- Contract Types
-
66 *Financial & insurance servicesFull CPV Breakdown
- SME suitable
- Not stated
Publisher Address
5th Floor Toronto Square, Leeds, LS1 2HJ, United Kingdom · UKE42
Contact
Award Criteria
Not specified
Related tenders
BORDER TO COAST PENSIONS PARTNERSHIP LIM...
All notices from this publisher Same CPV code
66170000 *
All notices with this CPV code
Reference: DN811141
Border to Coast Pensions Partnership Limited ("Border to Coast") is an FCA regulated investment manager based in Leeds, UK managing assets on behalf of 18 Local Government Pension Scheme ("LGPS") pension funds (as of 1 April 2026). Border to Coast has investment propositions across a range of asset classes including equities, fixed income, private markets and real estate. There is a mix of internal (direct) and external (via third party managers) management across these propositions. Assets under management are currently ~£53bn and are expected to grow to ~£115bn over the next 2 - 3 years.
In addition, Border to Coast is developing a series of investment capabilities to provide advisory, asset allocation and implementation services to Partner Funds. Border to Coast currently uses Bloomberg for its Order Management / Portfolio Management system ("OMS / PMS") but will be migrating to BlackRock Aladdin towards the end of 2026. Third Party Administrator ("TPA") services, including brokerage, custody
and fund accounting, are provided by Northern Trust.
Border to Coast wishes to procure a Futures Clearing Broker to support the implementation of its futures capability. The provider's operating model needs to be able to fully integrate with our OMS / PMS (both current and future state) and our TPA.
Awarded to
Full CPV breakdown
- 66170000 — Financial consultancy, financial transaction processing and clearing-house services (primary)
Notice details
- Buyer type
- Local authority
- Competition
- Open competition (any supplier can bid)
- Contract type
- Services
- Bids received
- 6
- Winning supplier
- Large company
- Procurement method
- Competitive flexible procedure
- Main category
- Services
- Above threshold
- Yes
- Legal basis
- UKPGA 2023/54
- Notice status
- Complete
- Award status
- Pending
- Award date
- 30 Jun 2026
- Standstill period ends
- 15 Jul 2026
- Contract can be extended to
- 1 Sep 2036
- Renewal
- The contract is expected to commence from late August - early September 2026. The contract will be for an initial period of 5 years with an option to extend for a further 5 years.
- Language
- EN
- Published
- 03 Jul 2026 16:35
- OCID
- ocds-h6vhtk-06741d
- Notice ID
- DN811141
Competition
6
Bids received
5
Bids considered at final stage
0
SME bids at final stage
0
VCSE bids at final stage
Organisations on this notice
Supplier Large
8 Canada Square, London, E14 5HQ, United Kingdom
GB-COH 00014259
Key dates
- Future Signature Date
- 1 Sep 2026 · Scheduled
Full notice record
56 detailsEverything the publisher included in this notice, organised by section.
Organisations
| Party 1 › Name | BORDER TO COAST PENSIONS PARTNERSHIP LIMITED |
| Party 1 › Address › Street | 5th Floor Toronto Square |
| Party 1 › Address › Town / city | Leeds |
| Party 1 › Address › Postcode | LS1 2HJ |
| Party 1 › Address › Country | GB |
| Party 1 › Address › Country | United Kingdom |
| Party 1 › Address › Region (NUTS) | UKE42 |
| Party 1 › Contact › Email | procurement@bordertocoast.org.uk |
| Party 1 › Role | buyer |
| Party 1 › Classification › Description | Public authority - sub-central government |
| Party 2 › Name | HSBC BANK PLC |
| Party 2 › Address › Street | 8 Canada Square |
| Party 2 › Address › Town / city | London |
| Party 2 › Address › Postcode | E14 5HQ |
| Party 2 › Address › Country | GB |
| Party 2 › Address › Country | United Kingdom |
| Party 2 › Address › Region (NUTS) | UKI42 |
| Party 2 › Contact › Email | bernardo.cardoso@hsbc.com |
| Party 2 › Role | supplier |
| Party 2 › Link | https://www.business.hsbc.com/en-gb |
| Party 2 › Business size | large |
| Party 2 › VCSEs | No |
| Party 2 › Public service mission organisation | No |
| Party 2 › Sheltered workshop | No |
Buyer
| Name | BORDER TO COAST PENSIONS PARTNERSHIP LIMITED |
Tender
| Title | Futures Clearing Broker Services |
| Status | complete |
| Procedure type | open |
| Procedure | Competitive flexible procedure |
| Lot › Status | complete |
Awards
| Title | Futures Clearing Broker Services |
| Status | pending |
| Date | 30 Jun 2026 |
| Value › Value incl. VAT | £500,000 |
| Value › Currency | GBP |
| Category | services |
| Above threshold | Yes |
| Supplier › Name | HSBC BANK PLC |
| Item › CPV › Description | Financial consultancy, financial transaction processing and clearing-house services |
| Item › Delivery › Region (NUTS) | UK |
| Item › Delivery › Country | GB |
| Item › Delivery › Country | United Kingdom |
| Standstill period › End | 15 Jul 2026 |
| Contract period › Start | 2 Sep 2026 |
| Contract period › End | 1 Sep 2031 |
| Contract period › Can be extended to | 1 Sep 2036 |
| Can be renewed | Yes |
| Renewal › Description | The contract is expected to commence from late August - early September 2026. The contract will be for an initial period of 5 years with an option to extend for a further 5 years. |
| Document › Document type | Award notice |
| Document › Description | Contract award notice on Find a Tender |
| Document › Link | https://www.find-tender.service.gov.uk/Notice/062981-2026 |
| Document › Published | 3 Jul 2026 |
| Assessment Summaries Date Sent | 3 Jul 2026 |
| Milestone › Type | Future signature date |
| Milestone › Due | 1 Sep 2026 |
| Milestone › Status | scheduled |