---
title: "Investment Pooling Advice"
ocid: "ocds-h6vhtk-06c12e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06c12e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06c12e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06c12e.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2026-07-01"
---

# Investment Pooling Advice

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-06c12e

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-06c12e.json)

## Summary

The Isle of Wight Council has awarded a contract for "Investment Pooling Advice" within the business services sector, particularly focused on legal aspects of pension fund investments. The contract was awarded under a direct procurement method, characterised as below threshold and without competition, indicating a tailored approach given the urgent and specialised legal requirements. The procurement process progressed through the award and contract stages, with the contract starting on 1st July 2026 and expected to conclude by 14th September 2026, with a possible extension until 14th October 2026. This process engages parties in Newport, Isle of Wight, aligning with the needs of sub-central governmental operations in the UKJ34 region.

This tender presents significant growth opportunities for businesses offering specialised legal consulting services, particularly those adept in handling complex legal issues in public sector procurement and investment disputes. Companies like "Keystone Law," which have existing expertise and capacity to manage intricate cases involving governmental bodies, would find this contract beneficial due to its specialised nature and requirement for continuity. Firms proficient in providing strategic advice for public-private investment collaborations and possessing experience in legal compliance within public authority frameworks are well-positioned to leverage similar opportunities for growth and influence in the public sector landscape.

## Notice

Legal advice needed urgently on the 2026 Pension Bill and requirement to pool pension fund investments, via a pool company, with other pension funds. We are in dispute with the investment pool company we wish to join over the status of our participation (shareholder or client only status). We have reached a critical point with KC advice needed but will be in breach of the law on 30 June 2026. The case is complex and we need to retain the lawyer who has worked on this for several months with us whilst she moves law firms (from Gowling to Keystone) on 1 July. This is essential to support the pension committee in critical decisions and reduce risk to the pension fund from its breach of the law and provide a link to KC advice. It will also need to go back to at least the Policy and Finance Committee for a final decision to join the company - and legal input is likely to be crucial to that decision.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/061695-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Below threshold - without competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Jul 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 30 Jun 2026 |
| Contract period | 30 Jun 2026 - 14 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £30,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | ISLE OF WIGHT COUNCIL |
| Locality | NEWPORT |
| Post town | Portsmouth |
| Postcode | PO30 1UD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ34 Isle of Wight |
| Local authority | Isle of Wight |
| Electoral ward | Newport Central |
| Westminster constituency | Isle of Wight West |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KEYSTONE LAW |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 1 Jul 2026 at 11:49 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/061695-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/061695-2026
  1st July 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://www.iow.gov.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-06c12e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06c12e.json.