Award

AA-357-23 Investment Advisor for Endowment Fund

NHS AYRSHIRE & ARRAN

This public procurement record has 2 releases in its history.

Award

06 May 2024 at 11:51

Tender

02 Feb 2024 at 11:30

Summary of the contracting process

The procurement process for the contract titled "AA-357-23 Investment Advisor for Endowment Fund" has been completed. The buying organization, NHS Ayrshire & Arran, a Scottish Registered Charity, located in Ayr, United Kingdom, planned and awarded the contract for investment management services. The procurement was conducted as an open procedure with a focus on quality (70%) and price (30%) criteria. The contract was awarded to Evelyn Partners, and it has a value of £140,000, signed on 3rd May 2024.

This procurement opportunity can be beneficial for businesses providing investment banking services and related services. Companies with expertise in managing investments, especially within the healthcare industry, may find this tender suitable for expanding their business. The tender, initiated by NHS Ayrshire & Arran, offers significant growth possibilities for firms with relevant experience and capabilities to compete effectively in open procurement processes.

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Notice Title

AA-357-23 Investment Advisor for Endowment Fund

Notice Description

This tender is for the management of investments held by NHS Ayrshire & Arran (Scottish Registered Charity: SC007448

Lot Information

Lot 1

This tender is for the management of investments held by NHS Ayrshire & Arran Endowment Fund (Scottish Registered Charity SC007448).

Renewal: he contract will be for a period of three years with the option to extend up to 2 x 12 month periods.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0436b2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014440-2024
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
SME

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
Not specified
Lots Value
£200,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£140,000 £100K-£500K

Notice Dates

Publication Date
6 May 20241 years ago
Submission Deadline
5 Mar 2024Expired
Future Notice Date
Not specified
Award Date
2 May 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
The recurrent procurement will be advertised in 2029.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NHS AYRSHIRE & ARRAN
Contact Name
Not specified
Contact Email
procurement@south-ayrshire.scot.nhs.uk
Contact Phone
+44 1294323219

Buyer Location

Locality
AYR
Postcode
KA6 6AB
Post Town
Kilmarnock
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM94 South Ayrshire
Delivery Location
TLM93 North Ayrshire and East Ayrshire, TLM94 South Ayrshire

Local Authority
South Ayrshire
Electoral Ward
Maybole, North Carrick and Coylton
Westminster Constituency
Ayr, Carrick and Cumnock

Supplier Information

Number of Suppliers
1
Supplier Name

EVELYN 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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