Award

3960.PS.LWM.23 Investment Manager Services

UNIVERSITY OF SHEFFIELD

This public procurement record has 2 releases in its history.

Award

26 Jun 2024 at 13:20

Award Notice
Tender

10 Jan 2024 at 14:36

Tender Notice
Summary of the contracting process

The University of Sheffield is inviting tenders for investment manager services through a procurement process with a total value of £1,100,000. The contract is set to start on 1st September 2024 and last for an initial three-year period, with the possibility of two one-year extensions. The procurement method is a selective procedure, with the tender period closing on 12th February 2024. The University, based in Sheffield, Yorkshire and the Humber, falls under the banking and investment services category, targeting small and medium enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs).

This tender for investment manager services from the University of Sheffield creates opportunities for businesses in the banking and investment services sector interested in managing the University's endowed funds. SMEs and VCSEs can compete in this procurement process to expand their presence and contribute to the University's investment management services. The contract value, structured contract periods, and location provide a clear roadmap for potential suppliers to align their offerings with the University's requirements, promoting growth and collaboration within the industry.

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Notice Information

Notice Title

3960.PS.LWM.23 Investment Manager Services

Notice Description

The University of Sheffield invites tenders for the provision of investment management services. Tenders are invited for a contract to commence 1st September 2024 for an initial period of three years with the option to extend for a further two periods each of one year. The University is undertaking a review of its investment management service relating primarily to permanent and expendable endowed funds. Investments currently managed by the University's Investment Managers, are to be managed by the new Investment Manager service. The full technical specification can be found in the ITT documentation which will be available after you have expressed your interest on In-Tend. Tender Process and Documentation: This is an FTS Restricted tender exercise. The ITT can be downloaded by registering and expressing your interest on the University's e-tendering system https://in-tendhost.co.uk/Sheffield If you have any questions or comments in relation to this tender, they must be submitted via the In-Tend System. Your tender response must also be submitted through In-Tend to arrive by the date and time specified. Late tenders will not be considered.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8472e26a-af81-455e-b900-55311f86e547
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bff0582e-fd2e-4752-ade5-e4e5fc326da6
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
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
£1,100,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jun 20241 years ago
Submission Deadline
12 Feb 2024Expired
Future Notice Date
Not specified
Award Date
12 Jun 20241 years ago
Contract Period
31 Aug 2024 - 31 Aug 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SHEFFIELD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S10 2TN
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
Broomhill and Sharrow Vale
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

SARASIN & PARTNERS

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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