Award

NU/1874 Segregated Fund Manager

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

28 Mar 2023 at 09:37

Award Notice
Summary of the contracting process

The Newcastle University has awarded the contract for the management of up to £50m to Kingswood Institutional. The procurement process, titled "NU/1874 Segregated Fund Manager," falls under the industry category of investment banking services and related services. The contract's value is £130,000 and is scheduled to start on May 1, 2023, and end on April 30, 2024. The tender period ended on March 3, 2023, and the award date was March 23, 2023. The location for delivery is within England, United Kingdom.

This public procurement contracting opportunity with Newcastle University offers a chance for businesses in the investment banking services sector to expand their portfolio. Companies specializing in managing funds and related financial services would find this tender particularly relevant. The procurement process has now reached the award stage, providing a clear opportunity for selected businesses to engage with Newcastle University and showcase their expertise in handling substantial investment funds.

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Notice Information

Notice Title

NU/1874 Segregated Fund Manager

Notice Description

The scope of this contract is to manage up to PS50m on behalf of the University of Newcastle.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a4003ffb-9992-4457-b602-08e859a1fec9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cc038cec-4c23-4f5f-9022-59e3bb5199ec
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

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£130,000 £100K-£500K
Lots Value
Not specified
Awards Value
£130,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Mar 20232 years ago
Submission Deadline
3 Mar 2023Expired
Future Notice Date
Not specified
Award Date
23 Mar 20232 years ago
Contract Period
30 Apr 2023 - 30 Apr 2025 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
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
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
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

KINGSWOOD INSTITUTIONAL

Further Information

Notice URLs

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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