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QUB/2340/22 Independent Investment Advisory Service

Queen's University Belfast

This public procurement record has 2 releases in its history.

Award

27 Mar 2023 at 16:46

Award Notice
Tender

21 Nov 2022 at 18:02

Tender Notice
Summary of the contracting process

Queen's University Belfast has completed the procurement process for Independent Investment Advisory Service under the services category. The University sought tenders for advisory services to develop an Investment Strategy in alignment with Strategy 2030. The procurement stage was cancelled, and Lane Clark & Peacock LLP was awarded the contract. The contract value is £600,000, signed on March 27, 2023. The buying organisation, Queen's University Belfast, is based in Belfast, United Kingdom.

This procurement opportunity by Queen's University Belfast provides a chance for competent Independent Investment Advisors authorised to provide services in Northern Ireland. The contract period is initially 4 years with options for a further 36 months. Businesses in the banking and investment services industry, especially those with experience in strategic advisory roles, are well-suited to compete. The tender was conducted through an open procedure and covered by the Government Procurement Agreement.

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Notice Information

Notice Title

QUB/2340/22 Independent Investment Advisory Service

Notice Description

Queen's University Belfast is seeking tenders from competent and experienced Independent Investment Advisors to support the University and its Investment Committee in development of a holistic Investment Strategy in support of the delivery of Strategy 2030. Economic Operators must be authorised to provide investment advisory services within Northern Ireland and demonstrate that they can provide such services in accordance with the relevant professional standards.

Lot Information

Lot 1

The University is seeking tenders from competent and experienced Independent Investment Advisors to support the University and its Investment Committee in development of a holistic Investment Strategy in support of the delivery of Strategy 2030. Economic Operators must be authorised to provide investment advisory services within Northern Ireland and demonstrate that they can provide such services in accordance with the relevant professional standards.The contract will be for an initial period of 4 years with options to extend by up to a further 36 months.

Options: The contract is for a period of 4 years with options to extend by up to a further 36 months.

Renewal: The contract may be subject to renewal subject to satisfactory performance during the initial 4 year period plus any options to extend that may be exercised

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-038723
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008872-2023
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

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£600,000 £500K-£1M

Notice Dates

Publication Date
27 Mar 20233 years ago
Submission Deadline
21 Dec 2022Expired
Future Notice Date
Not specified
Award Date
27 Mar 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
66 months

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Queen's University Belfast
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT7 1NN
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN06 Belfast
Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

Lane Clark & Peacock LLP

Further Information

Open Contracting Data Standard (OCDS)

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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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