---
title: "PROVISION OF AN INVESTMENT MANAGEMENT COMPANY FOR CHILDREN (SCOTLAND) ACT 1995 - INVESTMENTS"
ocid: "ocds-h6vhtk-03ecd0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03ecd0"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03ecd0.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03ecd0.json"
source: "Find A Tender Service"
current_stage: "Planning"
buyer: "SCOTTISH COURTS AND TRIBUNALS SERVICE"
published: "2023-08-03"
---

# PROVISION OF AN INVESTMENT MANAGEMENT COMPANY FOR CHILDREN (SCOTLAND) ACT 1995 - INVESTMENTS

Buyer: SCOTTISH COURTS AND TRIBUNALS SERVICE  
Current stage: Planning  
OCID: ocds-h6vhtk-03ecd0

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## Summary

The Scottish Courts and Tribunals Service is planning a procurement process for the provision of an Investment Management Company for children under the Scotland Act 1995. This tender falls under the services category and aims to manage funds for minors aged under 16 from various sources. The selected company should have expertise in financial management and experience in handling portfolios for minors. The procurement stage is 'planned', with the tender valued at £250,000 in GBP. The main procurement category is services, and the scheduled pre-market engagement session is on 25/08/2023.

This tender opportunity presents a chance for Investment Management Companies operating in or able to operate in Scotland to manage funds for minors under legal and regulatory frameworks. Businesses with experience in financial management and handling portfolios for children would be well-suited to compete. The procurement process initiated by the Scottish Courts and Tribunals Service will create growth opportunities for businesses with expertise in managing funds for minors and complying with legal requirements.

## Notice

We require the services of an Investment Management Company located in or able to operate in Scotland. The primary responsibility of the selected company will be the management and oversight of funds belonging to minors (children) under the age of 16. The funds generally originate from various sources, including inheritances, damages, or insurance policies related to children. The Investment Management Company will be expected to demonstrate expertise in effectively handling and growing these funds while adhering to legal and regulatory frameworks. They should possess a strong understanding of financial management principles and ideally have experience in handling portfolios on behalf of minors.

### Lot Information

Lot 1

We require the services of an Investment Management Company located in or able to operate in Scotland. The primary responsibility of the selected company will be the management and oversight of funds belonging to minors (children) under the age of 16. The funds generally originate from various sources, including inheritances, damages, or insurance policies related to children. The Investment Management Company will be expected to demonstrate expertise in effectively handling and growing these funds while adhering to legal and regulatory frameworks. They should possess a strong understanding of financial management principles and ideally have experience in handling portfolios on behalf of minors.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/022624-2023 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Aug 2023 |
| Submission deadline | Not specified |
| Future notice date | 3 Sep 2023 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £250,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH COURTS AND TRIBUNALS SERVICE |
| Locality | EDINBURGH |
| Post town | Edinburgh |
| Postcode | EH11 3XD |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM1 East Central Scotland |
| ITL 3 | TLM13 City of Edinburgh |
| Local authority | City of Edinburgh |
| Electoral ward | Sighthill/Gorgie |
| Westminster constituency | Edinburgh South West |
| Delivery location | TLM Scotland |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66140000 - Portfolio management services

## Release History

- 3 Aug 2023 at 14:02 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/022624-2023

## Notice URLs

- http://www.scotcourtstribunals.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000740666
- https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=740666
- https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00396

## 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-03ecd0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03ecd0.json.