Tender for Investment Management for the Charitable Fund and Educational Trust

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            "name": "Perth & Kinross Council",
            "identifier": {
                "legalName": "Perth & Kinross Council"
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            "address": {
                "streetAddress": "2 High Street",
                "locality": "Perth",
                "region": "UKM77",
                "postalCode": "PH1 5PH"
            },
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                "name": "Lauren Dow",
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                "locality": "Edinburgh",
                "region": "UKM75",
                "postalCode": "EH24ET"
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        "title": "Tender for Investment Management for the Charitable Fund and Educational Trust",
        "description": "Perth and Kinross Council are seeking to appoint a suitably qualified and experienced service provider to be responsible for the financial management of a Charitable Fund and a Trust within its local area.",
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        "value": {
            "amount": 80000,
            "currency": "GBP"
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                "description": "Perth and Kinross Council are seeking to appoint a suitably qualified and experienced service provider to be responsible for the financial management of a Charitable Fund and a Trust within its local area.",
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                    "description": "4A.1 Where it is required within a bidder's country of establishment they must confirm which authorisation or memberships of the relevant organisation(s) are required in order to perform this service. Bidders must confirm if they hold the particular authorisation or memberships: - Member of Financial Conduct Authority or Equivalent"
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                    "type": "economic",
                    "description": "4B.4 Suppliers will be requested to provide confirmation within the tender submission that the stated financial ratio tests are met(see minimum levels of standard below). 4B.5.1 Bidders must have, or commit to obtain should they be successful at contract award stage, the following insurances stated in the minimum levels of standard below and be able to provide evidence of cover. 4B.6 Suppliers will be requested to provide audited accounts for the last 2 financial years. The Charitable Fund and Educational Trust are administered separately from Council funds and therefore individually bear gains and losses arising from the management of the investment portfolio(see minimum levels of standard).",
                    "minimum": "4B.4 - Current Ratio it is expected that the ratio is equal to or greater than 1, i.e. Current Assets will equal or exceed Current Liabilities. Reasons for not meeting the required test to be disclosed by tenderers together with appropriate supporting evidence to confirm the suitability of the tenderer for the contract. - Net Assets (Net Worth) it is expected that the Net Worth will be positive, i.e. a Net Assets position. Reasons for not meeting the required test to be disclosed together with appropriate supporting evidence to confirm the suitability of the tenderer for the contract. 4B.5.1 - Public Liability Insurance - 5millionGBP - Employer's Liability Insurance - 10millionGBP 4B.6 The bidder will submit a copy of statutory accounts for the last two financial years to evidence that an unqualified audit opinion has been received."
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                    "type": "technical",
                    "description": "4C.1.2 Bidders will be required to provide 2 examples that demonstrate that they have the relevant experience to deliver similar services as that detailed within the description of requirements as part of the Specification documents. 4C.2 Bidders will be required to confirm details of the technicians or technical bodies who they can call upon, especially those responsible for quality control. 4C.3 Bidders will be asked to provide the details of the technical facilities and measures they apply to ensure quality and the study and research facility used."
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            "description": "It is intended that this contract will be re - advertised between 3 and 5 years time."
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    "description": "(SC Ref:557837)",
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            "dateSigned": "2018-10-23T00:00:00Z"
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