Award

Independent Investment Adviser

ESSEX COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

08 Apr 2021 at 14:18

Summary of the contracting process

Essex County Council has completed the procurement process for the contract titled "Independent Investment Adviser," which falls under the Pension investment services category. This contract was initiated to obtain independent investment advice for the Essex Pension Fund in accordance with a timetable set by the Investment Steering Committee. The tender period concluded on 31 December 2020, and the contract period runs from 1 January 2021 to 31 December 2023. The awarded contract value is £117,000, and the process was conducted through the Essex Pension Fund Investment Steering Committee.

This opportunity is particularly relevant for small and medium-sized enterprises (SMEs) specialising in financial consulting and investment advisory services. Businesses with expertise in pension fund management and independent financial advice are well-suited to compete in this procurement process. By engaging in similar future tenders, such firms have the potential to enhance their market presence, contribute to public sector financial management, and achieve significant business growth.

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Notice Title

Independent Investment Adviser

Notice Description

To procure an Independent Investment Adviser who shall provide Independent Investment Advice to the Fund in accordance with the timetable agreed by the Investment Steering Committee.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b8b331e4-7432-404e-84dd-35e1ac5a46cc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/41cdb8aa-3782-4a2f-a148-c721c3bfc922
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 - Essex Pension Fund Investment Steering Committee
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£117,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20214 years ago
Submission Deadline
31 Dec 2020Expired
Future Notice Date
Not specified
Award Date
1 Jan 20215 years ago
Contract Period
1 Jan 2021 - 31 Dec 2023 2-3 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
ESSEX COUNTY COUNCIL
Contact Name
Yamini Monks
Contact Email
yamini.monks@essex.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
CHELMSFORD
Postcode
CM1 1HQ
Post Town
Chelmsford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH36 Heart of Essex
Delivery Location
Not specified

Local Authority
Chelmsford
Electoral Ward
Moulsham and Central
Westminster Constituency
Chelmsford

Supplier Information

Number of Suppliers
1
Supplier Name

MARK STEVENS

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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