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Investment Manager Services

University of York

This public procurement record has 2 releases in its history.

Award

30 May 2023 at 18:25

Award Notice
Tender

23 Feb 2022 at 14:51

Tender Notice
Summary of the contracting process

The University of York has completed a procurement exercise for Investment Manager Services. They sought tenders from FCA authorised firms for discretionary investment management services for an initial 5-year contract term. The University's investment portfolio, valued at approximately £7.3m, requires services including investment strategy advice, portfolio management, and market insight. The procurement stage was an open procedure, and the contract was awarded to abrdn Capital Limited on 14th November 2022 with a value of £206,966.

This tender for Investment Manager Services by the University of York offers opportunities for FCA authorised firms in the investment banking services industry. Businesses providing portfolio management, investment strategy advice, and account management are well-suited to compete for this contract. Prospective suppliers should ensure compliance with the Financial Conduct Authority (FCA) regulations to participate in this tender. The University will allow a 10-day standstill period for unsuccessful tenderers to seek debriefing before contract finalisation.

How relevant is this notice?

Notice Information

Notice Title

Investment Manager Services

Notice Description

The University of York is pleased to invite tenders from FCA authorised firms for the provision of discretionary investment management services for an initial contract term of 5 years. The University's investment portfolio currently contains permanent endowment assets valued at approximately PS7.3m. The services we require as a minimum are: - Suitable investment strategy and allocation advice- Portfolio management and reporting- Account management and market insightFurther details can be found in the invitation to tender documents.

Lot Information

Lot 1

As stated in II.1.4

Renewal: As stated in the Invitation to Tender document.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-031a6c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015314-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£206,966 £100K-£500K

Notice Dates

Publication Date
30 May 20233 years ago
Submission Deadline
25 Mar 2022Expired
Future Notice Date
Not specified
Award Date
14 Nov 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University of York
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
YORK
Postcode
YO10 5DD
Postcode Area
York
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE21 York
Delivery Location
TLE21 York
Local Authority
York
Electoral Ward
Hull Road
Westminster Constituency
York Central

Supplier Information

Number of Suppliers
1
Supplier Name

abrdn Capital Limited

Further Information

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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