Provision of Accounting Support Services to the Operator of an Authorised Contractual Scheme
Awarded 31 Aug 2015
About
LONDON COUNCILS LTD awarded a contract to Metro Dynamics Ltd for the provision of accounting support services to the operator of an Authorised Contractual Scheme (ACS).
The contract supports the London Collective Investment Vehicle (CIV), which was established by 33 local authority pension funds in London to collaborate on the management and investment of pension fund assets, delivering efficiencies, economies of scale, and operational improvements while retaining local accountability.
The contract value is AUD 85,000, with a term of 3 years and an option to extend for a further three years or part thereof.
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