---
title: "QUB/2340/22 Independent Investment Advisory Service"
ocid: "ocds-h6vhtk-038723"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038723"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-038723.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-038723.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "QUEEN'S UNIVERSITY BELFAST"
published: "2023-03-27"
---

# QUB/2340/22 Independent Investment Advisory Service

Buyer: QUEEN'S UNIVERSITY BELFAST  
Current stage: Award  
OCID: ocds-h6vhtk-038723

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## Summary

Queen's University Belfast has completed the procurement process for Independent Investment Advisory Service under the services category. The University sought tenders for advisory services to develop an Investment Strategy in alignment with Strategy 2030. The procurement stage was cancelled, and Lane Clark & Peacock LLP was awarded the contract. The contract value is £600,000, signed on March 27, 2023. The buying organisation, Queen's University Belfast, is based in Belfast, United Kingdom.

This procurement opportunity by Queen's University Belfast provides a chance for competent Independent Investment Advisors authorised to provide services in Northern Ireland. The contract period is initially 4 years with options for a further 36 months. Businesses in the banking and investment services industry, especially those with experience in strategic advisory roles, are well-suited to compete. The tender was conducted through an open procedure and covered by the Government Procurement Agreement.

## Notice

Queen's University Belfast is seeking tenders from competent and experienced Independent Investment Advisors to support the University and its Investment Committee in development of a holistic Investment Strategy in support of the delivery of Strategy 2030. Economic Operators must be authorised to provide investment advisory services within Northern Ireland and demonstrate that they can provide such services in accordance with the relevant professional standards.

### Lot Information

Lot 1

The University is seeking tenders from competent and experienced Independent Investment Advisors to support the University and its Investment Committee in development of a holistic Investment Strategy in support of the delivery of Strategy 2030. Economic Operators must be authorised to provide investment advisory services within Northern Ireland and demonstrate that they can provide such services in accordance with the relevant professional standards.The contract will be for an initial period of 4 years with options to extend by up to a further 36 months.

Options: The contract is for a period of 4 years with options to extend by up to a further 36 months.

Renewal: The contract may be subject to renewal subject to satisfactory performance during the initial 4 year period plus any options to extend that may be exercised

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/008872-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Mar 2023 |
| Submission deadline | 21 Dec 2022 |
| Future notice date | Not specified |
| Award date | 26 Mar 2023 |
| Contract period | Not specified |
| Recurrence | 66 months |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £600,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | QUEEN'S UNIVERSITY BELFAST |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT7 1NN |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Central |
| Westminster constituency | Belfast South and Mid Down |
| Delivery location | TLN06 Belfast |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LANE CLARK & PEACOCK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 27 Mar 2023 at 15:46 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/008872-2023
- 21 Nov 2022 at 18:02 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/033019-2022

## Notice URLs

- http://www.qub.ac.uk
- http://www.qub.ac.uk/po
- https://www.in-tendhost.com/queensuniversitybelfast/aspx/Home
- https://www.lcp.uk.com/

## 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-h6vhtk-038723. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-038723.json.