Award

Investment Management Services

JISC

This public procurement record has 1 release in its history.

Award

17 Jul 2023 at 15:36

Summary of the contracting process

The buying organization, Jisc, has awarded a contract for Investment Management Services to Mercer Limited. The tender was for financial management consultancy services and followed a selective procurement method through a negotiated procedure. The contract period runs from July 13, 2023, to July 12, 2026. The location for service delivery includes various regions such as the United Kingdom and Europe.

This procurement opportunity provides potential growth avenues for businesses well-versed in financial management consultancy. Businesses interested in providing expert investment advice and supporting investment strategies can leverage this tender. Jisc, as the contracting authority, aims to benefit from insights into its investment strategy and fund managers' performance. The procurement stage has reached the award phase, offering an established contract worth 150,000 GBP over 3 years.

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Notice Title

Investment Management Services

Notice Description

Jisc were looking for a supplier to provide support and bring insight into what our investment strategy should be, and then to report on how well our fund managers are performing. The Supplier awarded the contract will be the principal source of expert investment advice to the Finance and Treasury Committee, advising on matters such as risk profile, income and capital growth targets, asset allocation, ESG concerns and the selection of suitable investment funds.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5b6f3d57-babc-4fc2-8046-6eb96fe74e9a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c525848d-b006-4727-8e53-9fbfee29291c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jul 20232 years ago
Submission Deadline
17 Jul 2023Expired
Future Notice Date
Not specified
Award Date
12 Jul 20232 years ago
Contract Period
12 Jul 2023 - 12 Jul 2026 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
JISC
Contact Name
Chris Hallahan
Contact Email
chris.hallahan@jisc.ac.uk
Contact Phone
+44 2081482444

Buyer Location

Locality
BRISTOL
Postcode
BS1 6NB
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
Not specified

Local Authority
Bristol, City of
Electoral Ward
Central
Westminster Constituency
Bristol Central

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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