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PURCH2766 Provision of Passive Investment Manager

University of Glasgow

This public procurement record has 1 release in its history.

Tender

23 Jul 2025 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The University of Glasgow is currently in the tender stage of a public procurement process titled "PURCH2766 Provision of Passive Investment Manager," aimed at acquiring services within the education industry category. Located in Glasgow, this procurement is conducted via an open procedure requiring electronic submissions through the Public Contracts Scotland portal. Key dates include a submission deadline on 25th August 2025, with the award period commencing on the same day. The procurement aims to appoint an investment manager for a passively managed equity strategy targeting net zero emissions by 2050.

This tender presents substantial opportunities for businesses in the financial services and investment management sectors, particularly those with expertise in sustainable investment strategies. Companies focusing on long-term equity management and those who align with sustainable practices will find this opportunity advantageous. The University’s emphasis on community benefits, such as employment and training opportunities for priority groups and collaborations with local organisations, means businesses with a strong community focus will be well-positioned to compete successfully in this tender.

How relevant is this notice?

Notice Information

Notice Title

PURCH2766 Provision of Passive Investment Manager

Notice Description

PURCH2766 Provision of Passive Investment Manager Tender documents available from Public Contracts Scotland. Tender returns should be submitted via Public Contracts Scotland, no paper copies will be accepted. Should paper tenders be submitted, they will be rejected. Further to this any questions or communications regarding individual tender exercises must be sent via the Public Contracts Scotland Portal. Tender queries received through any other channel will not be answered. Should users of Public Contracts Scotland have any problems with the web site they should contact website Support Desk, contact details can be found by following the 'Contact Us' option on the left hand menu at http://www.publiccontractsscotland.gov.uk/default.aspx

Lot Information

Lot 1

PURCH2766 Provision of Passive Investment Manager This procurement process is being conducted using the Competitive Procedure with Negotiation (CPN) in accordance with the requirements of Regulation 30 of the PC(S)R 2015. Although this procurement is being conducted under the Competitive Procedure with Negotiation (CPN), it is structured differently from a typical CPN process. This approach has been adopted to enhance the efficiency of evaluating supplier responses across both stages (SPD and ITT). The University is currently exploring the option to allocate a portion of its endowment funds to a segregated, passively managed equity strategy that explicitly targets net zero emissions by 2050. The investment mandate must be equity only with a passive approach, combined with a carbon reduction target. Please refer to the PURCH2766 - Investment Manager - Invitation to Tender Goods or Services document for additional information.

Renewal: Period of 12 months with an option to extend for 4 periods of 12 months each.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000805162
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL535315
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66140000 - Portfolio management services

Notice Value(s)

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

Notice Dates

Publication Date
23 Jul 20251 years ago
Submission Deadline
25 Aug 2025Expired
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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University of Glasgow
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
G12 8QQ
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
Hillhead
Westminster Constituency
Glasgow North

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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