---
title: "(NU/1526) Provision of Ethical Investment Advice"
ocid: "ocds-b5fd17-784572fb-3512-4419-ae7a-ee706bcb76e6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-784572fb-3512-4419-ae7a-ee706bcb76e6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-784572fb-3512-4419-ae7a-ee706bcb76e6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-784572fb-3512-4419-ae7a-ee706bcb76e6.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "NEWCASTLE UNIVERSITY"
published: "2019-08-21"
---

# (NU/1526) Provision of Ethical Investment Advice

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Tender  
OCID: ocds-b5fd17-784572fb-3512-4419-ae7a-ee706bcb76e6

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## Summary

The University of Newcastle is currently conducting a tender process titled "(NU/1526) Provision of Ethical Investment Advice" within the financial consultancy services sector. The procurement is classified under the CPV code 66171000 and is taking place in Newcastle upon Tyne, England. This open tender is active, with a submission deadline set for 30th August 2019. The intended contract period will commence on 9th September 2019 and extend until 4th December 2019, with a total contract value of £35,000.

This tender presents significant opportunities for growth for small and medium-sized enterprises (SMEs) specialising in ethical investment advisory services and financial consultancy. Businesses that focus on sustainable investment strategies, particularly those that include screening for companies involved in fossil fuel extraction, will find this opportunity particularly suitable. The procurement offers a chance for these firms to contribute to Newcastle University's commitment to ethical practices in investment, aligning with their recent climate emergency declaration.

## Notice

The University holds a number of expendable and permanent endowments, which are invested as a General Investment Pool. The total value of these funds as at 30th April 2019 was PS81.1m. The University's practice is to tender for investment manager services every four years with the next tenders for equity managers due in 2021 and the next tenders for alternative asset classes due in 2022. However, the University is minded to bring forward the next tender exercise for equities to 2020. Prior to any tender exercise being undertaken, the University is seeking independent advice on the options available for it in relation to ethical screening of investments and in particular its approach to companies involved in fossil fuel extraction and exploitation. Currently, the only mandatory screen applied by the University is on tobacco but we are minded to extend this screen to include companies involved in fossil fuel extraction and exploitation. This is in reaction to the University's recent declaration of a climate emergency, continued staff, student and community activism in this area and previous policy statements by the University.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3b9bd6b4-9d68-415b-b589-020e2e49bdcf |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Aug 2019 |
| Submission deadline | 30 Aug 2019 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 8 Sep 2019 - 4 Dec 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £35,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 7RU |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 21 Aug 2019 at 13:43 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3b9bd6b4-9d68-415b-b589-020e2e49bdcf

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3b9bd6b4-9d68-415b-b589-020e2e49bdcf
  21st August 2019 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=6c95de7d-f7c3-e911-80f8-005056b64545
  Advert

## Notice URLs

- https://www.ncl.ac.uk

## Provenance

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