Tender

Management of Endowment Portfolio

UNIVERSITY OF DUNDEE

This public procurement record has 1 release in its history.

Tender

15 Feb 2023 at 08:50

Tender Notice
Summary of the contracting process

The University of Dundee has issued a tender titled "Management of Endowment Portfolio" in the services procurement category. This tender involves the management of their Endowment Portfolio Funds for a contract period of 6 years, with the initial duration being 4 years and two further 12-month extension options. The procurement method is selective with a restricted procedure, and electronic submissions are accepted. The tender deadline for submissions is 16th March 2023, with an invitation date for the second stage on 31st March 2023.

This opportunity, issued by the University of Dundee, is suitable for providers offering portfolio management services. Businesses interested in sustainability and ESG-focused investing would be well-suited to compete for this tender. The contract includes provisions for electronic invoicing and payment, with a bid validity period of 180 days. Suppliers should consider the renewal option, with the contract estimated to expire in January 2029 assuming all extensions are taken up.

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Notice Information

Notice Title

Management of Endowment Portfolio

Notice Description

The University of Dundee (UoD) would like to engage a suitably qualified provider to manage their Endowment Portfolio Funds.

Lot Information

Lot 1

Following a decision to fully divest from fossil fuel and to move our investment portfolio into an ESG focused strategy, The University of Dundee (UoD) would like to engage a suitably qualified provider to manage their Endowment Portfolio Funds in line with the key objectives outlined in the PQQ documentation.

Renewal: This will be a 6-year term contract, the initial duration will be 4 years and there will be two further consecutive 12 months extension options.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a5b8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004586-2023
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

CPV Codes

66140000 - Portfolio management services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Feb 20233 years ago
Submission Deadline
16 Mar 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
6 months prior to the expiry of the existing contract, estimated at January 2029 assuming all extensions are taken up.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF DUNDEE
Contact Name
Annemarie Hannaway
Contact Email
ahannaway001@dundee.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
DUNDEE
Postcode
DD1 4HN
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

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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