--- title: "Investment Advisor - AWARD" ocid: "ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4.json" source: "Contracts Finder" current_stage: "Award" buyer: "NOE-CPC" published: "2018-10-02" --- # Investment Advisor - AWARD Buyer: NOE-CPC Current stage: Award OCID: ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4.json) ## Summary The procurement process pertains to the award of a contract for Investment Advisor services by the NOE-CPC on behalf of the Doncaster and Bassetlaw Hospitals NHS Foundation Trust Charitable Fund. The contract, identified as DBH 02487, falls under the category of Banking and Investment Services (CPV code 66100000) and is located in South Yorkshire, United Kingdom. The award was confirmed on 24 September 2018, with the contract period commencing from 1 October 2018 and concluding on 1 October 2021. It is notable that the initial tender period ended on 27 July 2018. This tender provides a significant opportunity for businesses specialised in investment management and financial services, particularly those that can operate within the medium risk appetite outlined by the trust. Given that the contract must maximise returns for the charity's funds while minimizing risk, firms with expertise in investment banking services would be well-suited to compete for such contracts. Additionally, small and medium enterprises (SMEs) are encouraged to submit proposals, allowing for competitive diversity in the bidding process. ## Notice Doncaster and Bassetlaw Hospitals NHS Foundation Trust Charitable Fund (Registered Charity No. 1057917) was registered with the Charity Commission in April 2001 to hold funds for: - "Any charitable purpose or purposes relating to the National Health Service wholly or mainly for the service provided by Doncaster and Bassetlaw Hospitals NHS Trust." Under this "Umbrella Charity" there are over 180 individual funds administered by the Finance Department and overseen by the Trust's Charitable Funds Committee. As a registered Charity, trust funds are subject to the provisions of the Charities Acts 1993, as amended by the Charities Act 2011. The majority of trust funds are classified in law as Unrestricted Designated Funds of the main Umbrella Charity and do not require separate notification to the Charity Commission. However, where there is written evidence that a fund is held for a special purpose of the Umbrella Charity, details of this "Special Trust" are included in the Umbrella's registered particulars. As stated above Doncaster and Bassetlaw Teaching Hospitals NHS Foundation Trust is the legal corporate trustee of the Charity which means that whilst the Board members are responsible for the administration of the funds, they are not individually trustees of the Charity. A number of the powers of the Foundation Trust as Trustee have been delegated to the Trust's Charitable Funds Committee. Many of the donations and legacies received by the Charity are not spent immediately, as they need to be accumulated to fund the most appropriate purchases to improve patient care. Therefore, in order to obtain the best return on its reserves, the Charity invests in the unused funds in the stock market. For this reason, an investment manager is required to manage these investments. Risk Appetite The investment manager is required to manage these investments with a view to maximising the return to the Charity whilst minimising the risk. The Charity's risk appetite should be considered as 'MEDIUM'. One of the key tasks for the successful supplier will be to work with the Charity to revise and refine this assessment. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/723e12fb-9753-4d20-85ac-4d3016c2c46f | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 2 Oct 2018 | | Submission deadline | 27 Jul 2018 | | Future notice date | Not specified | | Award date | 23 Sep 2018 | | Contract period | 30 Sep 2018 - 1 Oct 2021 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NOE-CPC | | Locality | SOUTH YORKSHIRE | | Post town | Doncaster | | Postcode | DN2 5LT | | Country | England | | ITL 1 | TLE Yorkshire and The Humber | | ITL 2 | TLE3 South Yorkshire | | ITL 3 | TLE35 Doncaster | | Local authority | Doncaster | | Electoral ward | Wheatley Hills & Intake | | Westminster constituency | Doncaster Central | | Delivery location | TLE Yorkshire and The Humber | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | STANDARD LIFE WEALTH | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66100000 - Banking and investment services - 66120000 - Investment banking services and related services ## Release History - 2 Oct 2018 at 13:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/723e12fb-9753-4d20-85ac-4d3016c2c46f ## Documents - https://www.contractsfinder.service.gov.uk/Notice/723e12fb-9753-4d20-85ac-4d3016c2c46f 2nd October 2018 - Awarded contract notice on Contracts Finder ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-021bffaf-fb67-4394-8270-57f4a6cf5fa4.json.