---
title: "Provision of Lord Chancellor's Common Investment Fund"
ocid: "ocds-b5fd17-fb620b15-2732-4bd3-8c16-d049f497a2fa"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fb620b15-2732-4bd3-8c16-d049f497a2fa"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fb620b15-2732-4bd3-8c16-d049f497a2fa.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-fb620b15-2732-4bd3-8c16-d049f497a2fa.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MINISTRY OF JUSTICE"
published: "2018-02-21"
---

# Provision of Lord Chancellor's Common Investment Fund

Buyer: MINISTRY OF JUSTICE  
Current stage: Award  
OCID: ocds-b5fd17-fb620b15-2732-4bd3-8c16-d049f497a2fa

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## Summary

The Ministry of Justice executed a competitive tender process for the "Provision of Lord Chancellor's Common Investment Fund," within the banking and investment services industry. The tender aimed to appoint a fund manager to oversee investment vehicles for court funds, aiming to deliver reasonable returns to clients. The procurement concluded with an award date of 17 February 2017, with the contract starting on the same day and set to run until 17 February 2022. The total contract value was £23,000,000 and is applicable across multiple locations including the United Kingdom, British Overseas Territories, and Europe.

This tender presents significant opportunities for businesses in the financial services sector, particularly those specialising in fund management and investment strategy. Companies equipped to manage substantial investment portfolios and demonstrate a proven track record in delivering returns will be well-suited to compete in similar future tenders. The involvement of a government body like the Ministry of Justice also suggests a need for firms to exhibit compliance with regulatory standards, making it an ideal scenario for experienced financial institutions and asset management firms seeking to expand their public sector engagement.

## Notice

Appointment of a fund manager who can provide and manage investment vehicles for funds in court, providing a reasonable return for all clients.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/30a63c4b-ccfd-4c50-be38-153e7b201a21 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Not Specified |
| Procurement method details | Other - Competitive Tender |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Feb 2018 |
| Submission deadline | 17 Feb 2017 |
| Future notice date | Not specified |
| Award date | 17 Feb 2017 |
| Contract period | 18 Feb 2017 - 17 Feb 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,300,000 |
| Lots value | Not specified |
| Awards value | £23,000,000 |
| 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 | MINISTRY OF JUSTICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 9AJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LEGAL & GENERAL INVESTMENT MANAGEMENT |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 21 Feb 2018 at 13:21 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/30a63c4b-ccfd-4c50-be38-153e7b201a21

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/30a63c4b-ccfd-4c50-be38-153e7b201a21
  21st February 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-fb620b15-2732-4bd3-8c16-d049f497a2fa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fb620b15-2732-4bd3-8c16-d049f497a2fa.json.