--- title: "Investment Consultancy Management Service" ocid: "ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d.json" source: "Contracts Finder" current_stage: "Award" buyer: "KENT COUNTY COUNCIL" published: "2023-03-30" --- # Investment Consultancy Management Service Buyer: KENT COUNTY COUNCIL Current stage: Award OCID: ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d.json) ## Summary The Kent County Council has awarded a contract for the "Investment Consultancy Management Service" to Mercer Limited. The procurement process was initiated through a selective method from a framework agreement. The contract value is £850,000, with a contract period starting on December 19, 2022, and ending on December 19, 2025. The tender period ended on October 17, 2022, with the award officially published on December 16, 2022. This opportunity falls under the financial and insurance services category, based in the South East region of the United Kingdom. This tender for investment consultancy services by the Kent County Council presents business growth opportunities for firms in the financial and insurance services sector. Companies specialising in investment management, financial consulting, and pension fund advisory services are well-suited to compete. The extensive scope of services required, from investment strategy review to climate risk analysis, offers a broad platform for businesses to showcase their expertise and establish long-term partnerships with the Council. ## Notice will provide an investment consultancy services to the Kent Pension Fund (KPF). The supplier will be expected to allocate senior staff to the fund to carry out consultancy services, which will cover the below: - Review of investment strategy. - Delivery of investment training as and when required, this will include introductory training for a cohort of new Members or bespoke training concerning a particular investment issue. - Monitoring of investment implementation. - Quarterly reporting including. o Market background o Performance of the Fund and that of the individual fund managers including reference to risk taken to generate returns. o Ratings for individual managers o Quarterly investment outlook o Ongoing monitoring of the active managers and private equity managers o Climate risk performance and Environmental, social and corporate governance (ESG) ratings for individual managers/mandates - Provision of a quarterly report on the performance and effectiveness of the Fund Equity Protection programme. - Advising on controlling investment costs. - Advice on the further development and implementation of the Funds Responsible Investment Policy. - Supporting the provision of periodic Task Force on Climate-related Financial Disclosures (TCFD) reporting. - Provision of climate scenario analysis. - Provision of a quality research service. - Advising on the investment market and solutions based on application of current market intelligence. - Advice to officers and Members on the appropriate investment strategy. - Advising on the pooling agenda and pooling of investment assets. - Advising on LGPS regulations. - Assistance with preparation of the Funds Investment Strategy Statement (ISS). This was procured by the LGPS Investment Management Consultancy Services 2022 - LOT 1. Additional information: This was procured by the LGPS Investment Management Consultancy Services 2022 - LOT 1. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/63a89bb6-f9dd-424a-a83e-2265b263a814 | | Notice type | Award Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Call-off from a framework agreement | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 30 Mar 2023 | | Submission deadline | 17 Oct 2022 | | Future notice date | Not specified | | Award date | 16 Dec 2022 | | Contract period | 19 Dec 2022 - 19 Dec 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £850,000 | | Lots value | Not specified | | Awards value | £800,000 | | 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 | KENT COUNTY COUNCIL | | Locality | MAIDSTONE | | Post town | Rochester | | Postcode | ME14 1XX | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ4 Kent | | ITL 3 | TLJ45 Mid Kent | | Local authority | Maidstone | | Electoral ward | Penenden Heath | | Westminster constituency | Maidstone and Malling | | Delivery location | TLJ South East (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | MERCER | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 30 Mar 2023 at 09:10 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/63a89bb6-f9dd-424a-a83e-2265b263a814 - 16 Dec 2022 at 09:40 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/63a89bb6-f9dd-424a-a83e-2265b263a814 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/63a89bb6-f9dd-424a-a83e-2265b263a814 30th March 2023 - 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-c34eb004-f26e-4a38-bb21-13852c18821d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c34eb004-f26e-4a38-bb21-13852c18821d.json.