Award

Provision of Investment Services for the Official Solicitor

MINISTRY OF JUSTICE

This public procurement record has 1 release in its history.

Award

06 Aug 2025 at 09:13

Summary of the contracting process

The Ministry of Justice has awarded a contract for the provision of investment services, specifically for the Official Solicitor, with Charles Stanley & Co. Ltd being the successful supplier. This procurement process, within the banking and investment services category, covers a wide geographical scope including the United Kingdom, British Overseas Territories, and Europe, among others. The contract was awarded on 10 July 2025, with the publication following on 6 August 2025, indicating completion of the procurement stage. The open procedure procurement method was utilised, with the contract commencing on 4 October 2025 and spanning until 3 October 2030, involving a total value of £1,542,522 GBP.

This contract presents significant opportunities for businesses engaged in investment services to enhance their profile and business growth, especially for those positioned in the SME sector. By participating in such government contracts, companies can build valuable relationships with public sector organisations and demonstrate their expertise in managing complex investment needs. Businesses specialising in financial services, estate administration, and trust management are particularly well-suited to this tender, benefiting from increased exposure and potential expanded service offerings across various regions involved in the procurement process.

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Notice Title

Provision of Investment Services for the Official Solicitor

Notice Description

This notice relates to the award of a contract for the Provision of Investment Services for the Official Solicitor. The Official Solicitor acts as the administrator of estates and trustee of trusts of last resort, and holds real and personal property such as land, cash, and securities (e.g., stocks and shares). An estate is where the Official Solicitor has been appointed as executor of a deceased person's will or as administrator of an estate of a person who has died without a will. An executor/administrator collects all the deceased's assets and pays all of the debts before distributing what remains to the beneficiaries named in the will or, if there is no will, who is entitled by law to this. Where the Official Solicitor has been appointed to act as a trustee, she has a duty to invest the capital held to produce income to use or pay for the benefit of the beneficiaries of the trust. It is a legal responsibility of the Official Solicitor as Trustees to obtain professional investment advice when managing the assets.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-065d98d8-bafb-4099-b628-3bac74a66abd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/89a3f87b-d2a1-45d4-a9e6-3bb171339d4e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£1,542,522 £1M-£10M
Lots Value
Not specified
Awards Value
£1,542,522 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Aug 20256 months ago
Submission Deadline
24 Feb 2025Expired
Future Notice Date
Not specified
Award Date
9 Jul 20257 months ago
Contract Period
3 Oct 2025 - 3 Oct 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF JUSTICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4AP
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

CHARLES STANLEY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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