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SPF Investment Consultancy Services - Implementation

Glasgow City Council

This public procurement record has 1 release in its history.

Award

24 Jun 2021 at 01:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

Glasgow City Council is the contracting authority for the procurement titled "SPF Investment Consultancy Services - Implementation," which aims to provide investment consultancy services to the Strathclyde Pension Fund. This public procurement falls under the services industry category and has reached the award stage. The contract was signed on 15 June 2021, with a total value of £550,000. The tender involved an open procurement method and was conducted for services to be delivered in Glasgow, with the buyer's office located at City Chambers, 40 John Street, Glasgow, G2 1DU.

This tender represents significant opportunities for businesses specialising in investment consultancy and related services. Firms that can assist with investment manager monitoring, selection, and provide benchmark advice, particularly larger firms with experience in public sector contracts, would be well-positioned to compete effectively. The presence of multiple bids from both small and large businesses indicates an active market, which could lead to continued engagement and further projects in the investment management consultancy space.

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Notice Information

Notice Title

SPF Investment Consultancy Services - Implementation

Notice Description

To provide Investment Consultancy Services to Strathclyde Pension Fund

Lot Information

Lot 1

The provision of investment consultancy services - implementation to Strathclyde Pension Fund including but not limited to; Assistance with investment manager monitoring, Assistance with investment manager selection, retention and termination, Provide benchmark Advice and Advice on appropriate investment management and other related agreements

Options: The council reserves the right to source additional related services from the awarded supplier if required

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000650738
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN419252
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website 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

66131100 - Pension investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£550,000 £500K-£1M

Notice Dates

Publication Date
24 Jun 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Jun 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Glasgow City Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 1DU
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North East

Supplier Information

Number of Suppliers
1
Supplier Name

Hymans Robertson LLP

Further Information

Notice Documents

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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