Award

Investment Advisory Services

ABERYSTWYTH UNIVERSITY

This public procurement record has 2 releases in its history.

Award

24 Oct 2022 at 00:00

Tender

14 Jul 2022 at 00:00

Summary of the contracting process

The Aberystwyth University has completed a procurement process for Investment Advisory Services via an open procedure. The University sought a professional Investment advisor to assist the Investments Committee and staff over a 48-month period. The tender involved a total contract value of £400,000 and was awarded to Quantum Advisory. The tender process was initiated on 24th October 2022, and the contract was signed on 21st October 2022 at Aberystwyth University's location in Aberystwyth, UK.

This tender opportunity for Investment Advisory Services by Aberystwyth University presents a lucrative opportunity for businesses specializing in financial services and investment consultancy. Companies with expertise in providing investment advice and services to institutional clients, such as investment management firms, consultancy agencies, and financial advisory services, are well-suited to compete. Interested businesses should closely monitor future procurement stages at Aberystwyth University to explore potential growth opportunities and expand their client base.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Investment Advisory Services

Notice Description

The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period . Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m. New funds are created almost annually whilst some of the original funds date back to the very inception of the University. The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use. Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards. Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.

Lot Information

Lot 1

Aberystwyth University is seek to appoint investment advisory services for a period of 48 months.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-123126
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=123126
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open 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

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

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£400,000 £100K-£500K

Notice Dates

Publication Date
24 Oct 20223 years ago
Submission Deadline
15 Aug 2022Expired
Future Notice Date
Not specified
Award Date
21 Oct 20223 years ago
Contract Period
1 Feb 2023 - 1 Feb 2027 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ABERYSTWYTH UNIVERSITY
Contact Name
Lee Pereira
Contact Email
lep27@aber.ac.uk, pad47@aber.ac.uk
Contact Phone
+44 1970628716

Buyer Location

Locality
ABERYSTWYTH
Postcode
SY23 3FB
Post Town
Shrewsbury
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL41 Mid Wales
Delivery Location
TLL1 West Wales and The Valleys

Local Authority
Ceredigion
Electoral Ward
Aberystwyth Morfa a Glais
Westminster Constituency
Ceredigion Preseli

Supplier Information

Number of Suppliers
1
Supplier Name

QUANTUM ADVISORY

Further Information

Notice Documents

  • https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=JUL404645
    Investment Advisory Services - The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period . Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m. New funds are created almost annually whilst some of the original funds date back to the very inception of the University. The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use. Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards. Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.
  • https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=OCT415880
    Investment Advisory Services - The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period . Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m. New funds are created almost annually whilst some of the original funds date back to the very inception of the University. The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use. Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards. Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-kuma6s-123126-2022-10-24T00:00:00Z",
    "date": "2022-10-24T00:00:00Z",
    "ocid": "ocds-kuma6s-123126",
    "initiationType": "tender",
    "parties": [
        {
            "id": "org-4",
            "name": "Aberystwyth University",
            "identifier": {
                "legalName": "Aberystwyth University"
            },
            "address": {
                "streetAddress": "c/o Finance Office, Student Welcome Centre, Penglais Campus",
                "locality": "Aberystwyth",
                "region": "UKL1",
                "postalCode": "SY23 3FB"
            },
            "contactPoint": {
                "name": "Lee Pereira",
                "email": "lep27@aber.ac.uk",
                "telephone": "+44 1970628716",
                "url": "https://etenderwales.bravosolution.co.uk/web/login.shtml"
            },
            "roles": [
                "buyer",
                "centralPurchasingBody"
            ],
            "details": {
                "classifications": [
                    {
                        "description": "University",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "09",
                        "description": "Education",
                        "scheme": "COFOG"
                    },
                    {
                        "description": "University",
                        "scheme": "TED_CA_TYPE"
                    }
                ],
                "url": "https://www.aber.ac.uk/en/"
            }
        },
        {
            "id": "org-2",
            "name": "High Court",
            "identifier": {
                "legalName": "High Court"
            },
            "address": {
                "streetAddress": "Royal Courts of Justice, The Strand",
                "locality": "London",
                "postalCode": "WC2A 2LL"
            },
            "contactPoint": {
                "telephone": "+44 2079477501"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "org-67",
            "name": "Aberystwyth University",
            "identifier": {
                "legalName": "Aberystwyth University"
            },
            "address": {
                "streetAddress": "c/o Finance Office, Student Welcome Centre, Penglais Campus",
                "locality": "Aberystwyth",
                "region": "UKL1",
                "postalCode": "SY23 3FB"
            },
            "contactPoint": {
                "email": "pad47@aber.ac.uk",
                "telephone": "+44 1970628716"
            },
            "roles": [
                "buyer",
                "centralPurchasingBody"
            ],
            "details": {
                "classifications": [
                    {
                        "description": "University",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "09",
                        "description": "Education",
                        "scheme": "COFOG"
                    },
                    {
                        "description": "University",
                        "scheme": "TED_CA_TYPE"
                    }
                ],
                "url": "https://www.aber.ac.uk/"
            }
        },
        {
            "id": "org-68",
            "name": "Quantum Advisory",
            "identifier": {
                "legalName": "Quantum Advisory"
            },
            "address": {
                "streetAddress": "Cypress House, Pascal Close",
                "locality": "Cardiff",
                "region": "UK",
                "postalCode": "CF30LW"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        },
        {
            "id": "org-46",
            "name": "High Court",
            "identifier": {
                "legalName": "High Court"
            },
            "address": {
                "streetAddress": "Royal Courts of Justice, The Strand",
                "locality": "London",
                "postalCode": "WC2A 2LL"
            },
            "contactPoint": {
                "telephone": "+44 2079477501"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "name": "Aberystwyth University",
        "id": "org-67"
    },
    "tender": {
        "id": "ocds-kuma6s-123126-tender-125861",
        "title": "Investment Advisory Services",
        "description": "The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period . Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m. New funds are created almost annually whilst some of the original funds date back to the very inception of the University. The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use. Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards. Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.",
        "status": "complete",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "id": "66170000",
                        "scheme": "CPV"
                    }
                ],
                "deliveryLocation": {
                    "description": "Aberystwyth University"
                },
                "deliveryAddresses": [
                    {
                        "region": "UKL1"
                    },
                    {
                        "region": "UKL1"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amount": 450000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://etenderwales.bravosolution.co.uk/",
        "tenderPeriod": {
            "endDate": "2022-08-15T14:00:00Z"
        },
        "awardPeriod": {
            "startDate": "2022-08-15T14:00:00Z"
        },
        "documents": [
            {
                "id": "JUL404645",
                "documentType": "contractNotice",
                "title": "Investment Advisory Services",
                "description": "The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period . Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m. New funds are created almost annually whilst some of the original funds date back to the very inception of the University. The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use. Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards. Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.",
                "url": "https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=JUL404645",
                "format": "text/html"
            },
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            },
            {
                "id": "OCT415880",
                "documentType": "awardNotice",
                "title": "Investment Advisory Services",
                "description": "The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period . Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m. New funds are created almost annually whilst some of the original funds date back to the very inception of the University. The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use. Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards. Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.",
                "url": "https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=OCT415880",
                "format": "text/html"
            }
        ],
        "lots": [
            {
                "id": "1",
                "description": "Aberystwyth University is seek to appoint investment advisory services for a period of 48 months.",
                "status": "complete",
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Technical",
                            "description": "70"
                        },
                        {
                            "type": "cost",
                            "name": "Cost",
                            "description": "30"
                        }
                    ]
                },
                "hasOptions": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "contractPeriod": {
                    "startDate": "2023-02-01T00:00:00Z",
                    "endDate": "2027-02-01T00:00:00Z"
                },
                "hasRenewal": false
            }
        ],
        "bidOpening": {
            "date": "2022-08-15T14:00:00Z",
            "address": {
                "streetAddress": "E-tender Wales"
            },
            "description": "Opening Committee enabled on E-tender system"
        },
        "communication": {
            "atypicalToolUrl": "https://etenderwales.bravosolution.co.uk/"
        },
        "contractTerms": {
            "hasElectronicPayment": true,
            "hasElectronicOrdering": true,
            "electronicInvoicingPolicy": "allowed"
        },
        "coveredBy": [
            "GPA"
        ],
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
        },
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "Please see technical envelope"
                }
            ]
        },
        "submissionTerms": {
            "languages": [
                "en",
                "cy"
            ]
        },
        "classification": {
            "id": "66100000",
            "scheme": "CPV"
        },
        "hasRecurrence": false,
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        }
    },
    "language": "EN",
    "relatedProcesses": [
        {
            "id": "1",
            "relationship": [
                "planning"
            ],
            "scheme": "EU-OJ",
            "identifier": "2022/S 022-123126"
        }
    ],
    "description": "(WA Ref:125861)",
    "links": [
        {
            "rel": "canonical",
            "href": "https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-123126"
        }
    ],
    "noticetype": "OJEU - F3 - Contract Award Notice",
    "awards": [
        {
            "id": "ocds-kuma6s-123126-award-125861-209",
            "suppliers": [
                {
                    "id": "org-68",
                    "name": "Quantum Advisory"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "ocds-kuma6s-123126-award-125861-209",
            "awardID": "ocds-kuma6s-123126-award-125861-209",
            "status": "active",
            "value": {
                "amount": 400000,
                "currency": "GBP"
            },
            "dateSigned": "2022-10-21T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "ocds-kuma6s-123126-bidsstatistic-125861-1041",
                "measure": "bids",
                "value": 7,
                "relatedLot": "1"
            },
            {
                "id": "ocds-kuma6s-123126-bidsstatistic-125861-1042",
                "measure": "smeBids",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "ocds-kuma6s-123126-bidsstatistic-125861-1043",
                "measure": "foreignBidsFromEU",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "ocds-kuma6s-123126-bidsstatistic-125861-1044",
                "measure": "foreignBidsFromNonEU",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "ocds-kuma6s-123126-bidsstatistic-125861-1045",
                "measure": "electronicBids",
                "value": 7,
                "relatedLot": "1"
            }
        ]
    }
}