Award

UK Pooled Property Fund Manager

LONDON BOROUGH OF BROMLEY

This public procurement record has 1 release in its history.

Award

04 May 2018 at 08:18

Award Notice
Summary of the contracting process

The London Borough of Bromley is seeking a UK Property Fund Manager for the London Borough of Bromley Pension Fund, with an investment value of £1,875,000. The procurement process is at the award stage, following the completion of the open tender, which concluded on 14 December 2017. The contract period is set to run from 2 January 2018 to 31 December 2022. Interested businesses should note that all applications must have been submitted through the London Tenders Portal, and the relevant parties need to register with this platform to access the necessary documents.

This tender presents a significant opportunity for firms in the pension investment services industry, particularly those offering expertise in managing pooled property funds. Businesses that possess experience in investment management, particularly within the context of public sector pension funds, would be well-suited to compete in this market. Firms looking to expand their portfolio and engage with public sector contracts may find this opportunity beneficial for growth within the UK investment landscape.

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Notice Information

Notice Title

UK Pooled Property Fund Manager

Notice Description

The London Borough of Bromley ("the Authority") in its capacity as Administrating Authority for the London Borough of Bromley Pension Fund ("the Fund") is seeking to invest in a pooled UK Property Fund portfolio as detailed in the Tender Documents. The tender opportunity will be run electronically through the London Tenders Portal and suppliers will need to register their company with the portal as soon as possible (if they have not already done so) at www.londontenders.org to ensure they are able to access and submit the relevant documents online. All applications MUST be made through the London Tenders Portal ONLY and NOT to the Contact Details contained within this notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dbf5c348-0054-4dea-a8cd-03e7c6b8745c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c386bdb5-b08f-4574-949b-9bafbbc8eb40
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£1,875,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,875,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 May 20187 years ago
Submission Deadline
14 Dec 2017Expired
Future Notice Date
Not specified
Award Date
14 Dec 20178 years ago
Contract Period
2 Jan 2018 - 31 Dec 2022 4-5 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
LONDON BOROUGH OF BROMLEY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BROMLEY
Postcode
BR1 3UH
Post Town
Bromley
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLJ South East (England)
Local Authority
Bromley
Electoral Ward
Bromley Town
Westminster Constituency
Bromley and Biggin Hill

Supplier Information

Number of Suppliers
1
Supplier Name

FIL PENSIONS MANAGEMENT

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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