Award

3960.PS.LWM.23 Investment Manager Services

UNIVERSITY OF SHEFFIELD

This public procurement record has 2 releases in its history.

Award

26 Jun 2024 at 13:14

Tender

10 Jan 2024 at 14:24

Summary of the contracting process

The University of Sheffield has completed an award process for the provision of investment management services. The procurement process had the title "3960.PS.LWM.23 Investment Manager Services" in the banking and investment services industry category. The contract, with a value of £1,400,000 GBP, was signed on 12th June 2024. The University undertook a review of its investment management service and transitioned the managed funds to a new service provider through a selective procurement method with restricted procedure.

This awarded tender presents a growth opportunity for businesses specializing in investment management services. The tender, initiated by the University of Sheffield, allows for a contract to commence from 1st September 2024, offering a potential three-year engagement with extension possibilities. Businesses with expertise in investment management, particularly in banking and investment services, may find this opportunity suitable for competitive bidding. The University aims to enhance its investment management capabilities and welcomes tenders to cater to its varied fund management needs.

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Notice Title

3960.PS.LWM.23 Investment Manager Services

Notice Description

The University of Sheffield invites tenders for the provision of investment management services. Tenders are invited for a contract to commence 1st September 2024 for an initial period of three years with the option to extend for a further two periods each of one year.The University is undertaking a review of its investment management service relating primarily to permanent and expendable endowed funds.Investments currently managed by the University's Investment Managers, are to be managed by the new Investment Manager service.The full technical specification can be found in the ITT documentation which will be available after you have expressed your interest on In-Tend.

Lot Information

Lot 1

The University of Sheffield invites tenders for the provision of investment management services. Tenders are invited for a contract to commence 1st September 2024 for an initial period of three years with the option to extend for a further two periods each of one year.The University is undertaking a review of its investment management service relating primarily to permanent and expendable endowed funds.Investments currently managed by the University's Investment Managers, are to be managed by the new Investment Manager service.The full technical specification can be found in the ITT documentation which will be available after you have expressed your interest on In-Tend. Tender Process and Documentation:This is an FTS Restricted tender exercise. The ITT can be downloaded by registering and expressing your interest on the University's e-tendering system https://in-tendhost.co.uk/SheffieldIf you have any questions or comments in relation to this tender, they must be submitted via the In-Tend System.Your tender response must also be submitted through In-Tend to arrive by the date and time specified. Late tenders will not be considered.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042c0f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/019550-2024
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£1,100,000 £1M-£10M
Lots Value
£1,100,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,400,000 £1M-£10M

Notice Dates

Publication Date
26 Jun 20241 years ago
Submission Deadline
12 Feb 2024Expired
Future Notice Date
Not specified
Award Date
11 Jun 20241 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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SHEFFIELD
Contact Name
Not specified
Contact Email
l.w.marsden@sheffield.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
SHEFFIELD
Postcode
S10 2TN
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE32 Sheffield

Local Authority
Sheffield
Electoral Ward
Broomhill and Sharrow Vale
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

SARASIN & PARTNERS

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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