---
title: "Equity Downside Risk management"
ocid: "ocds-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "WIRRAL BOROUGH COUNCIL"
published: "2018-07-10"
---

# Equity Downside Risk management

Buyer: WIRRAL BOROUGH COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15

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## Summary

The Wirral Borough Council is seeking tenders for its project titled "Equity Downside Risk Management," aimed at controlling equity risk over a medium-term horizon of approximately 18 months. This procurement falls under the services category, specifically within the financial and insurance services sector, and is located in the North West of England. The procurement process is currently in the Tender stage, with the tender period set to end on 1 August 2018. The contract is expected to commence on 15 October 2018 and run until 14 October 2022, with a maximum notional value of approximately £2 billion.

This tender presents significant opportunities for businesses specialising in financial management and risk mitigation solutions. Companies with expertise in providing equity overlay strategies, particularly those capable of delivering customised approaches, should consider competing in this tender. Specifically, organisations that can handle large mandates and have experience in complex financial instruments, such as put-spread collars, would be well-suited to participate, potentially benefiting from the substantial requirements of multiple individual plans within this framework.

## Notice

Merseyside is seeking to control equity risk on a medium-term basis (c.18 months horizon) and possibly on a longer term strategic basis through the use of an equity overlay solution(s). This opportunity is to identify providers capable of supporting Merseyside with their equity overlay needs which may range from basic put protection through to more complex strategies (e.g. put-spread collar or other such structures). Initially the exercise will focus on selection of a manager or managers to provide a put-spread collar with a preference for a cost-neutral solution. However, managers should be able to offer a customised approach to fit a range of different plan requirements within the aggregate pool. The maximum notional size of the mandate is c.PS2 billion. This comprises multiple individual plans with their own requirements; potentially c.10 different overlay parametrisations will be required with a minimum lot size of PS150m. Merseyside are seeking to identify and appoint a framework of approved equity overlay managers for use as required by its underlying plans.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8dd7a25c-fea8-4dbb-9df0-120e575778eb |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive dialog |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Jul 2018 |
| Submission deadline | 9 Aug 2018 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 14 Oct 2018 - 14 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,000,000 |
| 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 | WIRRAL BOROUGH COUNCIL |
| Locality | BIRKENHEAD |
| Post town | Chester |
| Postcode | CH41 5AL |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD74 Wirral |
| Local authority | Wirral |
| Electoral ward | Birkenhead and Tranmere |
| Westminster constituency | Birkenhead |
| Delivery location | TLD North West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 10 Jul 2018 at 15:52 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8dd7a25c-fea8-4dbb-9df0-120e575778eb
- 2 Jul 2018 at 13:28 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8dd7a25c-fea8-4dbb-9df0-120e575778eb

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8dd7a25c-fea8-4dbb-9df0-120e575778eb
  10th July 2018 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.wirral.gov.uk/

## 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-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8e5dff70-70fc-42a4-8379-27ea83e1ef15.json.