Award

Investment Advisory Services to Cambridgeshire County Council

CAMBRIDGESHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

07 Nov 2018 at 17:22

Award Notice
Tender

28 Sep 2018 at 13:37

Tender Notice
Summary of the contracting process

Cambridgeshire County Council is inviting tenders for "Investment Advisory Services" to support its commercial investment strategy. The procurement is currently in the award stage, with the contract set to begin on 1st December 2018 and run until 30th November 2019. Interested providers had until 26th October 2018 to submit their applications via the LGSS eTendering Portal. The procurement falls within the financial and insurance services industry, focusing on the development of a diverse investment portfolio.

This tender presents significant growth opportunities for businesses specialising in financial consultancy services, particularly those with expertise in commercial investments and risk management. Small and medium-sized enterprises (SMEs) may find this opportunity particularly attractive as they can contribute to the Council's objective of acquiring investments that yield stable long-term returns while supporting the delivery of essential community services.

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Notice Information

Notice Title

Investment Advisory Services to Cambridgeshire County Council

Notice Description

Cambridgeshire County Council (CCC) (The "Authority") wishes to invite Tenders for the supply of services in respect of supporting the implementation of CCC's commercial investment strategy as set out in the Specification. The successful Potential Provider will be responsible for providing this service and liaising closely with the Contract Manager identified by the Authority. At Cambridgeshire County Council a Commercial Investment Strategy (CIS) has been developed to set out the County Council's strategic approach to commercial acquisitions. The main purpose of this document is to enable agile decisions to be taken in developing a portfolio whilst also mitigating some of the potential risks associated with this level of investment The objective of the investment portfolio is to acquire investments that make a secure and increasing contribution to the Council's revenue streams in order to support the delivery of frontline services to our communities. This will be done through; * Acquiring investments that provide long term returns to support the delivery of the Council's desired outcomes; * Creating a portfolio that balances risk and rewards that are aligned to the Council's risk appetite; ensuring the portfolio is diverse through avoiding sector and geographical concentration risks * Developing a portfolio that yields a stable income stream for the Council; * Making investments in assets that seek to protect the capital invested; * Establishing a diverse portfolio that spreads risk by avoiding sector and geographical concentration risks Further details can be found in tender documentation. Please visit the LGSS Procurement Portal to formally register your interest in this opportunity and to access the documentation - www.lgssprocurementportal.co.uk. Additional information: The Authority is utilising an electronic tendering tool to manage this procurement process and communicate with Potential Providers. There will be no hard copy documents issued to Potential Providers and all communications with The Authority including, submission of Potential Provider responses, will be conducted via The Authority's 'LGSS Procurement Portal (ProContract) The portal is powered by ProActis and located at www.lgssprocurementportal.co.uk Potential Providers who experience technical difficulties when using the LGSS Procurement Portal should contact the support desk Mon-Fri, 9:00 to 17:30 Tel: 0330 005 0352 Email: ProContractSuppliers@proactis.com The deadline for completed applications to be received on the LGSS eTendering Portal is 12:00/noon on Friday 26th October 2018.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c98f9713-603b-4216-bba7-501143f37442
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c20de3fb-799f-4ce8-93ce-6ad9624f92bd
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Not applicable
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£170,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20187 years ago
Submission Deadline
26 Oct 2018Expired
Future Notice Date
Not specified
Award Date
2 Nov 20187 years ago
Contract Period
1 Dec 2018 - 2 Dec 2018 30 days
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
CAMBRIDGESHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CAMBRIDGE
Postcode
CB3 0AP
Post Town
Cambridge
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified
Local Authority
Cambridge
Electoral Ward
Castle
Westminster Constituency
Cambridge

Supplier Information

Number of Suppliers
1
Supplier Name

CONTRACT NOT AWARDED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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