The current Global Custody Services Framework is due to expire on Monday 29 April 2019. Having previously extended this Framework for 18 months, we have been advised that under procurement rules we are unable to extend further.
Due to the changing requirements of the LGPS, this framework is not at present being re-let. We will of course continue to review LGPS requirements in this area to ascertain whether a replacement should be put in place at some time in the future and welcome your ideas and requirements for future frameworks in this area.
All contracts will need to be awarded prior to 29 April 2019, however, contracts can be let on the current framework up to 30 September 2024.
If you have any queries regarding this please contact us on 01603 495922 or email nationallgpsframeworks@norfolk.gov.uk