Tender

Investment Management Service

NHS TAYSIDE

This public procurement record has 1 release in its history.

Tender

25 Jan 2022 at 15:15

Summary of the contracting process

NHS Tayside is seeking tenders for an "Investment Management Service" to manage its Endowment Fund, valued at approximately £34 million. This procurement falls under the financial markets administration services category and is being executed through a selective procedure via the PCS-Tender platform. The tender is currently active, with submissions due by 2nd March 2022. Following this, invitations to the second stage will be sent out on 21st March 2022, with the contract anticipated to last for an initial five years, potentially extendable for two additional years.

This tender presents a significant opportunity for investment management firms, particularly those with expertise in charity, environmental, and social governance sectors. Companies that can demonstrate a proven track record in managing similar funds would be well-positioned to compete for this contract, thereby potentially expanding their portfolio and client base. Exploring such public procurement opportunities can help these businesses grow and diversify their service offerings in the competitive financial market.

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Notice Title

Investment Management Service

Notice Description

Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector.

Lot Information

Lot 1

Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector. The contract will be awarded for an initial period of five (5) years with a possible option to extend for a further two (2) years

Renewal: Possible two years (2) extension

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030f1f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002182-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66150000 - Financial markets administration services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20224 years ago
Submission Deadline
2 Mar 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NHS TAYSIDE
Contact Name
Carol Mackie
Contact Email
carol.mackie@nhs.scot
Contact Phone
+44 1382660111

Buyer Location

Locality
DUNDEE
Postcode
DD1 9SY
Post Town
Dundee
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM03 Angus and Dundee City
Delivery Location
TLM71 Angus and Dundee City

Local Authority
Dundee City
Electoral Ward
West End
Westminster Constituency
Dundee Central

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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