Award

CP2385-23 Investment Consultancy Services

DEVON COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

05 Nov 2024 at 15:01

Summary of the contracting process

Devon County Council has completed the procurement process for the "CP2385-23 Investment Consultancy Services" contract, under the industry category of Banking and investment services (CPV code 66100000). This procurement was conducted via a restricted procedure and focused on the provision of investment advisory services through a mini-competition from Lot 1 and Lot 3 of the LGPS Investment Management Consultancy Services Framework. The contract, valued at £100,000, was awarded to Redington Ltd. The contract period spans from 6th November 2024 to 30th September 2030. Key dates include the end of the tender period on 13th August 2024 and the award date on 5th November 2024. This procurement involves services that will be delivered across a wide location range, including British Overseas Territories, Channel Islands, Europe, Isle of Man, United Kingdom, and internationally.

This tender presents substantial opportunities for businesses specialising in investment advisory services, particularly those with previous experience in large-scale, public-sector frameworks. As the award has already been made to Redington Ltd, competitors in similar upcoming tenders should have robust technical expertise and proven experience to be considered. Businesses able to deliver comprehensive investment consultancy services within the specified regions will find such contracts beneficial for their growth, expanding their client base and professional portfolio. Furthermore, companies looking to engage with large entities like Devon County Council might find participating in such tenders invaluable for establishing long-term business relationships and showcasing their capabilities in the public procurement landscape.

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Notice Title

CP2385-23 Investment Consultancy Services

Notice Description

For the provision of investment advisory services. This is a mini-competition from Lot 1 & Lot 3 of the LGPS Investment Management Consultancy Services Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ae5d06ff-2cbe-4cd0-8499-00f33c2a9a5c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/173ed86d-6253-4c21-8a39-42f2b2659f07
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20241 years ago
Submission Deadline
13 Aug 2024Expired
Future Notice Date
Not specified
Award Date
5 Nov 20241 years ago
Contract Period
6 Nov 2024 - 30 Sep 2030 Over 5 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
DEVON COUNTY COUNCIL
Contact Name
Paul Kirby
Contact Email
procure@devon.gov.uk
Contact Phone
+44 1392383000

Buyer Location

Locality
EXETER
Postcode
EX2 4QD
Post Town
Exeter
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
Not specified

Local Authority
Exeter
Electoral Ward
Newtown and St Leonard's
Westminster Constituency
Exeter

Supplier Information

Number of Suppliers
1
Supplier Name

REDINGTON

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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