Award

Master Investment Advisory Services Agreement

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

15 Nov 2022 at 11:58

Summary of the contracting process

The Border to Coast Pensions Partnership Ltd has awarded a contract for Master Investment Advisory Services Agreement to The Townsend Group. The contract involves developing a strategic plan for investment strategy and performance objectives valued at 1,075,000 GBP. The procurement stage is complete, with the tender period ending on 2nd November 2022, and the contract period beginning on 4th November 2022 and ending on 4th November 2025. The procurement falls under the industry category of pension investment services and is located in the United Kingdom.

This tender presents an opportunity for businesses involved in investment advisory services to engage with Border to Coast Pensions Partnership Ltd. Companies providing expertise in strategic investment planning, benchmarking, and risk management may find this tender well-suited for their capabilities. The procurement method used was 'Other', indicating a specific approach tailored to the services required. Businesses aiming to expand their portfolio in the pension investment sector in the UK should consider participating in this tender to support their growth initiatives.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Master Investment Advisory Services Agreement

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for an Adviser who will work with the Client to develop and revise periodically a strategic plan setting forth the investment strategy, performance objectives, benchmarks, targeted portfolio structure, risk management policies, investment procedures, selection criteria and monitoring and reporting requirements for the Portfolio. This has been awarded to The Townsend Group.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4844dbcb-3905-4d1b-a183-d7980f945b88
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/49be48d9-6e36-45ce-bf47-8aa5020b1fb2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£1,075,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,075,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Nov 20223 years ago
Submission Deadline
2 Nov 2022Expired
Future Notice Date
Not specified
Award Date
3 Nov 20223 years ago
Contract Period
4 Nov 2022 - 4 Nov 2025 3-4 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
BORDER TO COAST PENSIONS PARTNERSHIP LTD
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 2HJ
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
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

THE TOWNSEND GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-4844dbcb-3905-4d1b-a183-d7980f945b88-2022-11-15T11:58:54Z",
    "date": "2022-11-15T11:58:54Z",
    "ocid": "ocds-b5fd17-4844dbcb-3905-4d1b-a183-d7980f945b88",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BTC001-DN643009-64815133",
        "title": "Master Investment Advisory Services Agreement",
        "description": "Border to Coast Pensions Partnership Ltd has awarded the contract for an Adviser who will work with the Client to develop and revise periodically a strategic plan setting forth the investment strategy, performance objectives, benchmarks, targeted portfolio structure, risk management policies, investment procedures, selection criteria and monitoring and reporting requirements for the Portfolio. This has been awarded to The Townsend Group.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66131100",
            "description": "Pension investment services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 1075000,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other -",
        "tenderPeriod": {
            "endDate": "2022-11-02T23:59:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-11-04T00:00:00Z",
            "endDate": "2025-11-04T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-115444",
            "name": "Border to Coast Pensions Partnership Ltd",
            "identifier": {
                "legalName": "Border to Coast Pensions Partnership Ltd"
            },
            "address": {
                "streetAddress": "5th Floor, Toronto Square, Toronto Street",
                "locality": "Leeds",
                "postalCode": "LS1 2HJ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "procurement@bordertocoast.org.uk",
                "email": "procurement@bordertocoast.org.uk",
                "telephone": "+44 1137333241"
            },
            "details": {
                "url": "https://www.bordertocoast.org.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-227400",
            "name": "The Townsend Group",
            "identifier": {
                "legalName": "The Townsend Group"
            },
            "address": {
                "streetAddress": "950 Main Avenue, Suite 1600, Cleveland, Ohio 44113, USA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-115444",
        "name": "Border to Coast Pensions Partnership Ltd"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-4844dbcb-3905-4d1b-a183-d7980f945b88-1",
            "status": "active",
            "date": "2022-11-03T00:00:00Z",
            "datePublished": "2022-11-15T11:58:54Z",
            "value": {
                "amount": 1075000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-227400",
                    "name": "The Townsend Group"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-11-04T00:00:00Z",
                "endDate": "2025-11-04T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/49be48d9-6e36-45ce-bf47-8aa5020b1fb2",
                    "datePublished": "2022-11-15T11:58:54Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}