Award

Investment Management Service

NHS WALES SHARED SERVICES PARTNERSHIP-PROCUREMENT SERVICES (HOSTED BY VELINDRE UNIVERSITY NHS TRUST)

This public procurement record has 2 releases in its history.

Summary of the contracting process

The NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust) has completed the award stage for the "Investment Management Service" tender. This procurement process, initiated to invest charity funds in a diversified portfolio to provide income and maintain the capital value of funds, fell under the services category, specifically banking and investment services (CPV: 66100000, 66120000). The awarded contract has been signed with Ccla Investment Management Limited. The contract, which was competitively bid upon by four bidders, became active on 9th May 2023. Initial tender activities were conducted openly via eTenderwales, with the submission deadline on 21st February 2023 and the awarding period concluding on 16th March 2023. The key buying organisation is based in Cardiff, with another relevant location in St Asaph.

This procurement tender offers significant business growth opportunities, particularly for companies specializing in investment management and financial services. Businesses with a robust portfolio in managing diversified investments and maintaining capital value while providing consistent income would find this opportunity fitting. Given the structured open bidding process, firms equipped with proficient financial management capabilities and a competitive edge in the investment banking sector would benefit from engaging in such tenders. Companies with a keen interest and expertise in public sector contracts, especially within the healthcare domain, are well-suited to pursue similar future opportunities.

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Notice Title

Investment Management Service

Notice Description

To invest the charity funds in a diversified portfolio to provide an income and to maintain and grow the capital value of funds.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-128309
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=128309
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
S2W Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Mar 202511 months ago
Submission Deadline
21 Feb 2023Expired
Future Notice Date
Not specified
Award Date
9 May 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NHS WALES SHARED SERVICES PARTNERSHIP-PROCUREMENT SERVICES (HOSTED BY VELINDRE UNIVERSITY NHS TRUST)
Contact Name
James Parry, Nia Price
Contact Email
nia.price@wales.nhs.uk
Contact Phone
+44 1745366809, +44 2921501375

Buyer Location

Locality
ST ASAPH
Postcode
LL17 0JL
Post Town
Llandudno
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified

Local Authority
Cardiff
Electoral Ward
Heath
Westminster Constituency
Cardiff North

Supplier Information

Number of Suppliers
1
Supplier Name

CCLA INVESTMENT MANAGEMENT

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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