Procurement of Global Custody Services for AP7

Sjunde AP-fonden (En: the Seventh Swedish National Pension Fund) is looking to appoint a Global Custodian to have custody of pension fund assets. The procurement documents and further instructions are available for unrestricted and full direct access, free of charge, at: https://rfp.thomasmurray.com/. Sjunde AP-fonden (En: the Seventh Swedish National Pension …

CPV: 66162000 Custody services
Place of execution:
Procurement of Global Custody Services for AP7
Awarding body:
Sjunde AP-Fonden
Award number:
AP7 2025/90

1. Buyer

1.1 Buyer

Official name : Sjunde AP-Fonden
Legal type of the buyer : Regional authority
Activity of the contracting authority : General public services

2. Procedure

2.1 Procedure

Title : Procurement of Global Custody Services for AP7
Description : Sjunde AP-fonden (En: the Seventh Swedish National Pension Fund) is looking to appoint a Global Custodian to have custody of pension fund assets. The procurement documents and further instructions are available for unrestricted and full direct access, free of charge, at: https://rfp.thomasmurray.com/.
Procedure identifier : e34c29d6-a514-40ad-9826-04fa59055471
Internal identifier : AP7 2025/90
Type of procedure : Competitive dialogue

2.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66162000 Custody services

2.1.2 Place of performance

Anywhere

2.1.3 Value

Estimated value excluding VAT : 1 000 000 000 Swedish krona

2.1.4 General information

Legal basis :
Directive 2014/24/EU

2.1.6 Grounds for exclusion

Corruption : Corruption as defined in Article 3 in the Council Act of 26 May 1997 drawing up, on the basis of Article K.3 (2) (c) of the Treaty on European Union, the Convention on the fight against corruption involving officials of the European Communities or officials of Member States of the European Union, corruption in accordance with Article 2.1 in the Council Framework Decision 2003/568/JHA of 22 July 2003 on combating corruption in the private sector, or corruption in accordance with national provisions.
Participation in a criminal organisation : Criminal activity in the meaning of Article 2 in the Council Framework Decision 2008/841/JHA of 24 October 2008 on the fight against organised crime.
Money laundering or terrorist financing : Money laundering or terrorist financing, as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, in the wording of the Directive 2010/78/EU of the European Parliament and of the Council.
Fraud : Fraud within the meaning of Article 1 of the Convention drawn up on the basis of Article K.3 in the Treaty on European Union, on the protection of the European Communities’ financial interests.
Child labour and other forms of trafficking in human beings : Trafficking in human beings as defined in Article 2 of Directive 2011/36/EU of the European Parliament and of the Council of 5 April 2011 on preventing and combating trafficking in human beings and protecting its victims, and replacing Council Framework Decision 2002/629/JHA, in its original wording.
Payment of social security contributions : AP7 shall exclude the Tenderer from participating in the Procurement if AP7 by inspection according to the 15 Chapter LOU or otherwise becomes aware that the Tenderer has not fulfilled obligations relating to the payment of taxes or social security contributions in the country of origin or in the country where the contract is awarded, and this has been established by a final court decision or final administrative decision.
Payment of taxes : AP7 shall exclude the Tenderer from participating in the Procurement if AP7 by inspection according to the 15 Chapter LOU or otherwise becomes aware that the Tenderer has not fulfilled obligations relating to the payment of taxes or social security contributions in the country of origin or in the country where the contract is awarded, and this has been established by a final court decision or final administrative decision.
Terrorist offences or offences linked to terrorist activities : Terrorist offences or offences linked to terrorist activities, as defined in Articles 1 and 3, respectively, of the Council Framework Decision 2002/475/JHA of 13 June 2002 on combating terrorism, or inciting or aiding or abetting or attempting to commit an offence, as referred to in Article 4 of that Framework Decision.

5. Lot

5.1 Lot technical ID : LOT-0000

Title : Procurement of Global Custody Services for AP7
Description : Sjunde AP-fonden (En: the Seventh Swedish National Pension Fund) is looking to appoint a Global Custodian to have custody of pension fund assets. The procurement documents and further instructions are available for unrestricted and full direct access, free of charge, at: https://rfp.thomasmurray.com/.
Internal identifier : AP7 2025/90

5.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66162000 Custody services

5.1.2 Place of performance

Anywhere
Additional information :

5.1.3 Estimated duration

Other duration : Unknown

5.1.5 Value

Estimated value excluding VAT : 1 000 000 000 Swedish krona

5.1.6 General information

Reserved participation : Participation is not reserved.
Procurement Project not financed with EU Funds.
The procurement is covered by the Government Procurement Agreement (GPA) : no

5.1.7 Strategic procurement

Aim of strategic procurement : No strategic procurement

5.1.9 Selection criteria

Criterion :
Type : Economic and financial standing
Name : Economic and financial standing
Description : The Candidate shall have a stable economic and financial standing so that it can, with maintained quality, fulfill the agreed commitment throughout the contract period corresponding to this procurement as described in the Descriptive document for Pre-Qualification Questionnaire.
Use of this criterion : Used
The criteria will be used to select the candidates to be invited for the second stage of the procedure
Maximum number of tenders passing : 99
Criterion :
Type : Suitability to pursue the professional activity
Name : Authorization to pursue professional activities
Description : The Tenderer must be registered in a company, trade or association register or equivalent trade and professional register kept in the State where the Tenderer’s business is established, as specified in Annex XI to Directive 2014/24/EU.
Use of this criterion : Used
The criteria will be used to select the candidates to be invited for the second stage of the procedure
Maximum number of tenders passing : 99
Criterion :
Type : Technical and professional ability
Name : Technical and professional ability
Description : The Candidate shall have the ability and capacity and experience to carry out assignments of the scope and complexity corresponding to this procurement as described Descriptive document for Pre-Qualification Questionnaire.
Use of this criterion : Used
The criteria will be used to select the candidates to be invited for the second stage of the procedure
Maximum number of tenders passing : 99
Information about the second stage of a two-stage procedure :
Minimum number of candidates to be invited for the second stage of the procedure : 3
Maximum number of candidates to be invited for the second stage of the procedure : 99
The procedure will take place in successive stages. At each stage, some participants may be eliminated

5.1.11 Procurement documents

Address of the procurement documents : https://tendsign.com/doc.aspx?MeFormsNoticeId=64108

5.1.12 Terms of procurement

Terms of submission :
Electronic submission : Required
Languages in which tenders or requests to participate may be submitted : English
Electronic catalogue : Allowed
Tenderers may submit more than one tender : Not allowed
Deadline for receipt of requests to participate : 05/08/2025 21:59 +00:00
Terms of contract :
The execution of the contract must be performed within the framework of sheltered employment programmes : No
Electronic invoicing : Required
Electronic ordering will be used : yes
Electronic payment will be used : yes

5.1.15 Techniques

Framework agreement :
No framework agreement
Information about the dynamic purchasing system :
No dynamic purchase system

5.1.16 Further information, mediation and review

Review organisation : Förvaltningsrätten
Information about review deadlines : See descriptive document.

8. Organisations

8.1 ORG-0001

Official name : Sjunde AP-Fonden
Registration number : 8024062302
Department : SJUNDE AP-FONDEN
Postal address : BOX 100
Town : STOCKHOLM
Postcode : 10121
Country subdivision (NUTS) : Stockholms län ( SE110 )
Country : Sweden
Contact point : Johan Johansson
Telephone : 08-4122660
Internet address : http://www.ap7.se
Roles of this organisation :
Buyer

8.1 ORG-0002

Official name : Förvaltningsrätten
Registration number : 202100-2742
Town : Stockholm
Postcode : 115 76
Country subdivision (NUTS) : Stockholms län ( SE110 )
Country : Sweden
Telephone : 08-561 680 00
Roles of this organisation :
Review organisation

Notice information

Notice identifier/version : 3f068f60-3147-4bd2-86be-45f4d2c5fad2 - 01
Form type : Competition
Notice type : Contract or concession notice – standard regime
Notice dispatch date : 30/06/2025 09:17 +00:00
Notice dispatch date (eSender) : 30/06/2025 09:17 +00:00
Languages in which this notice is officially available : English
Notice publication number : 00424704-2025
OJ S issue number : 123/2025
Publication date : 01/07/2025