Award

CIF/RIF Investment Funds

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

20 May 2026 at 08:56

Summary of the contracting process

The procurement process for the "CIF/RIF Investment Funds" was conducted by the West Midlands Combined Authority, a regional authority located in Birmingham, United Kingdom. This tender specifically targeted the banking and investment services industry, offering opportunities for investment services related to CIF/RIF Funds. The tender followed a limited procurement method, culminating in a direct award without prior publication of a call for competition. The process is now in its award stage, with the contract signed on 27th April 2026, valued at £625,000. The services are to be delivered in the UKG region of the United Kingdom.

This tender represents a significant opportunity for companies in the banking and investment services sector, particularly those specialising in fund management and investment advisory services, to grow their business by partnering with regional authorities like West Midlands Combined Authority. The contract was awarded to Constellia Limited, an SME based in London, highlighting that smaller enterprises with specialised skills and the ability to operate regionally can effectively compete in such procurements. The awarded contract indicates that businesses prioritising compliance and cost-effectiveness are well-suited to participate in similar future opportunities.

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Notice Title

CIF/RIF Investment Funds

Notice Description

To provide investment services in relation to CIF/RIF Funds

Lot Information

Lot 1

To provide investment services in relation to CIF/RIF Funds

Procurement Information

This is a compliant direct award via a framework. The Authority will be tendering shortly for these services.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069cb8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/046112-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

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
£625,000 £500K-£1M

Notice Dates

Publication Date
20 May 20263 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Apr 20263 weeks 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
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

CONSTELLIA

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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