Tender

FS1580: Tender for the Provision of an Investment Manager to provide an investment portfolio of Liquid Asset-Matching Investments

WILTSHIRE COUNCIL

This public procurement record has 2 releases in its history.

Tender

15 Aug 2022 at 13:24

Tender Notice
Tender

12 Aug 2022 at 10:30

Tender Notice
Summary of the contracting process

The Wiltshire Council has initiated a tender process titled "FS1580: Tender for the Provision of an Investment Manager to provide an investment portfolio of Liquid Asset-Matching Investments" in the services category within the pension investment services industry. The contract, worth £3,200,000 GBP, involves providing an investment portfolio of ETF funds to track strategic asset allocation returns for short-term liquidity purposes. The tender deadline for submissions is on September 16, 2022, with the contract period set to start on October 12, 2022, and end on October 11, 2032.

This procurement opportunity by the Wiltshire Council offers a chance for investment management firms experienced in pension investment services to expand their business. Companies providing services related to trading, rebalancing, and reporting for ETF funds could find this tender particularly suitable for their expertise. The location for service delivery is set in England, United Kingdom, offering local business providers the opportunity to engage in this competitive and long-term investment management contract.

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Notice Information

Notice Title

FS1580: Tender for the Provision of an Investment Manager to provide an investment portfolio of Liquid Asset-Matching Investments

Notice Description

Wiltshire Pension Fund is tendering for an investment manager to provide an investment portfolio consisting of ETF funds which attempts to track the overall strategic asset allocation return. The portfolio will be used as source of short-term liquidity to fund capital calls and invest capital distributions from our growing allocations to private market investments. In tracking the returns of the strategic asset allocation it will also reduce cash drag on overall fund returns. Services of trading, rebalancing and reporting would be required of any investment manager running this portfolio. Full details and tender documentation can be found at; http://procontract.due-north.com/Advert?advertId=68c98035-5a19-ed11-8117-005056b64545&p=696a9836-1895-e511-8105-000c29c9ba21

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7b781121-95bf-4d8a-abb4-459cc4a94c39
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8d531d03-9d8a-4369-97ab-c3878a2f99cf
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£3,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Aug 20223 years ago
Submission Deadline
16 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Oct 2022 - 11 Oct 2032 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WILTSHIRE COUNCIL
Contact Name
Bill Warden
Contact Email
procurement.clients@hants.gov.uk
Contact Phone
+44 3005551375

Buyer Location

Locality
TROWBRIDGE
Postcode
BA14 8JN
Post Town
Bath
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK72 Wiltshire
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Wiltshire
Electoral Ward
Trowbridge Central
Westminster Constituency
South West Wiltshire

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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