Planning

Custodian Services

UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Planning

11 Jul 2023 at 11:20

Summary of the contracting process

The University of Edinburgh is planning a procurement process for Custodian Services, involving the safekeeping of investments. The tender falls under the services category and aims to manage approximately £500 million GBP of funds. The University is seeking information and engagement from the market regarding availability, capacity, capability, and cost. The tender stage is currently in the planning phase, with a future notice date set for 31st August 2023.

This tender for Custodian Services by the University of Edinburgh presents an opportunity for businesses involved in custody services and investment management. Companies with expertise in tax reporting, accounting, investment management, and financial services would be well-suited to compete. The procurement process is initiated under the legal basis of CELEX, providing a chance for businesses to engage with a prestigious public institution and potentially expand their portfolios and revenue streams.

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Notice Title

Custodian Services

Notice Description

Custody Services (safekeeping of investments) for University of Edinburgh We are welcoming information and engagement from the market on their availability, capacity, capability and cost. Please contact us at the email address found earlier in the notice.

Lot Information

Lot 1

A brief summary of the main areas required to be covered for our Global Custody Services requirement for The University of Edinburgh Endowment Fund: Tax - Monthly system generated report with all expired tax forms on their system. Generic market and tax update related reports to be sent on a regular basis with specific reminders about quickly approaching deadlines. Regular discussions on any impact of the tax documentation forms being completed. Screening of draft tax forms completed. Accounting - Collect dividends and forward them to the University bank account. Monthly reconciliation of segregated fund investments and unit price for Endowment and Investment Fund. Quarterly performance report. Investment Management of surplus cash in relation to the segregated fund investments. Our current Custodian manage 12 pooled funds and 1 segregated fund - total funds under management Approx. 500mil GBP. Additional information: We are welcoming information and engagement from the market on their availability, capacity, capability and cost. Please contact us at the email address found earlier in the notice.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03e093
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/019759-2023
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66162000 - Custody services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jul 20232 years ago
Submission Deadline
Not specified
Future Notice Date
30 Aug 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Not specified
Contact Email
andrew.helmn@ed.ac.uk
Contact Phone
+44 1316502508

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

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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