Tender

Investment Management Service

NHS TAYSIDE

This public procurement record has 1 release in its history.

Tender

25 Jan 2022 at 00:00

Summary of the contracting process

NHS Tayside is currently conducting a tender for the "Investment Management Service" aimed at optimising the returns on its Endowment Fund amounting to approximately £34 million as of November 2021. This tender falls within the health industry category and is located in Dundee, UK. The procurement method is selective, following a restricted procedure, with the tender period closing on 2nd March 2022. Key dates include the second stage invitation scheduled for 21st March 2022. Interested parties must submit their bids electronically via the provided portal.

This tender presents a significant opportunity for investment management firms, particularly those with a strong track record in charity, environmental, and social governance sectors, to engage with the public sector. Businesses equipped to demonstrate their suitability and experience in managing substantial funds will have a competitive edge. The awarded contract may last for an initial five years, with a potential two-year extension, making it an attractive prospect for firms looking to expand their service offerings within the healthcare domain.

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Notice Title

Investment Management Service

Notice Description

Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector.

Lot Information

Lot 1

Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector. The contract will be awarded for an initial period of five (5) years with a possible option to extend for a further two (2) years

Renewal: Possible two years (2) extension

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000680829
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN438645
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
OJEU - F2 - Contract Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66150000 - Financial markets administration services

79412000 - Financial management consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
25 Jan 20224 years ago
Submission Deadline
2 Mar 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NHS TAYSIDE
Contact Name
Carol Mackie
Contact Email
carol.mackie@nhs.scot
Contact Phone
+44 1382660111

Buyer Location

Locality
DUNDEE
Postcode
DD1 9SY
Post Town
Dundee
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM03 Angus and Dundee City
Delivery Location
TLM71 Angus and Dundee City

Local Authority
Dundee City
Electoral Ward
West End
Westminster Constituency
Dundee Central

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN438645
    Investment Management Service - Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector.

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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