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ESNEFT 3197 Charitable Funds Investment

East Suffolk and North Essex NHS Foundation Trust

This public procurement record has 1 release in its history.

Tender

15 Sep 2026 at 16:13

UK4 - Tender Notice
Summary of the contracting process

East Suffolk and North Essex NHS Foundation Trust is procuring investment management and financial advice for its charitable funds. The work covers managing and advising on the Trust’s charitable investment portfolio, including ethical investment funds, property funds and a common deposit fund. The purpose is to maximise the value of donations while avoiding undue investment risk, using external advisers because the Trust does not have the required in-house skills. This is a financial services opportunity covering portfolio management, investment advice and related financial consultancy. The Trust operates hospital and community healthcare services across Colchester, Ipswich, Clacton, Halstead, Harwich, Felixstowe and Aldeburgh, and the charitable funds support services across those operations.

The procurement has reached tender: the Trust invited suppliers to express interest through a selective competitive flexible procedure. The process comprises a capability assessment, invitation to tender, additional shortlisting and supplier interviews. Enquiries close at 12:00 on 25 September 2026, and expressions of interest are due by 12:00 on 10 October 2026. The intended award date is 30 December 2026. The initial contract runs from 1 February 2027 to 31 January 2030, with options for two 12-month extensions, allowing performance-based continuation until 31 January 2032. The estimated value is £277,500 excluding VAT, or £333,000 including VAT. Cost carries 60% of the evaluation, quality 30% and social value 10%.

This opportunity suits qualified investment managers, wealth managers and financial advisers with experience of managing charitable or similarly governed funds. Suppliers should be able to advise on and manage diversified portfolios that include ethical investments, property funds and deposit-based products, while controlling exposure to undue risk and demonstrating sound investment governance. The Trust is seeking external capability in place of in-house expertise, so bidders should be able to provide both strategic advice and practical portfolio management. The opportunity is expressly suitable for small and medium-sized enterprises and voluntary, community or social enterprises. Economic and technical selection requirements apply. The process includes further shortlisting and supplier interviews, with the highest-ranked four tenderers expected to be interviewed.

How relevant is this notice?

Notice Information

Notice Title

ESNEFT 3197 Charitable Funds Investment

Notice Description

East Suffolk and North Essex NHS Foundation Trust (ESNEFT) is inviting qualified Suppliers to express an interest to participate in a tender exercise for; Charitable Funds Investment under the Procurement Act 2023. This expression of interest will require interested parties to: - Confirm interest - Complete and submit capability assessment attachment The Capability Assessment submitted by interested parties will be reviewed to identify appropriate Suppliers to invite to tender. Invitation to Tender (ITT) with project timelines to be issued upon successful pass of this Capability Assessment stage. The Trust will aim to issue the ITT in October 2026. The top four suppliers, based on the evaluation of their ITT submissions, will be invited to interview with the Trust. Accordingly, all suppliers should be advised that interviews are provisionally scheduled for the afternoon of 16 November 2026. As this date has been agreed with key stakeholders, it is not expected to change. East Suffolk and North Essex NHS Foundation Trust (ESNEFT) is the largest NHS organisation in its region, formed on July 1, 2018, through the merger of Colchester Hospital University NHS Foundation Trust and The Ipswich Hospital NHS Trust. ESNEFT provides comprehensive hospital and community healthcare services across multiple locations, including Colchester, Ipswich, Clacton, Halstead, Harwich, Felixstowe, and Aldeburgh. The trust offers a wide range of medical services such as acute medicine, cardiology, dermatology, emergency assessment, gastroenterology, neurology, and many more. ESNEFT is committed to delivering high-quality care and continuously improving its facilities and services to meet the needs of the local communities. Every year hundreds of individuals, community groups and businesses generously donate money to help us achieve our aims. It is our job to make sure that the money is spent carefully and for the purposes for which it was given. The ESNEFT Charity holds designated charitable funds for many of the services in the hospital as well as appeal funds. They have a duty to maximise the value it gets from public donation, but without exposure to undue levels of risk. We do not have the skills in house therefore appoint advisors to assist us with this. The Charity's existing portfolio is invested in Ethical investment funds, property funds and a common deposit fund. ESNEFT is looking to re-procure the management and advice of The Trusts Charitable Funds Investment.

Lot Information

Lot 1

Renewal: 3 Years initial contract term with an option to extend for 2 x 12 month periods subject to satisfactory contract performance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06fa7a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/087457-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66140000 - Portfolio management services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£277,500 £100K-£500K
Lots Value
£277,500 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Sep 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2027 - 31 Jan 2030 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
East Suffolk and North Essex NHS Foundation Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COLCHESTER
Postcode
CO4 5JL
Postcode Area
Colchester
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH34 Essex Haven Gateway
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)
Local Authority
Colchester
Electoral Ward
Mile End
Westminster Constituency
Colchester

Further Information

Notice Documents

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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