--- title: "Endowment funds advisory and funds management services" ocid: "ocds-r6ebe6-0000502906" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000502906" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000502906.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000502906.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "HERIOT WATT UNIVERSITY" published: "2017-11-29" --- # Endowment funds advisory and funds management services Buyer: HERIOT WATT UNIVERSITY Current stage: Award OCID: ocds-r6ebe6-0000502906 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000502906) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000502906.json) ## Summary The procurement process undertaken by Heriot Watt University involves the tender for "Endowment funds advisory and funds management services", which is categorised under the services industry. Located in Edinburgh, the procurement has now reached the award stage with the contract signed on 20th November 2017. The procurement opened under an open procedure, and the successful bidder was required to assist the university in managing and growing its endowment funds portfolio. The tender period officially ended on 8th September 2017. This tender presents significant opportunities for businesses specialising in investment advisory services, particularly those with experience in managing portfolios for charities and publicly-funded organisations. Ideal candidates will be firms that meet stringent financial criteria, including a minimum annual turnover of £2 million, and possess the necessary regulatory authorisations. Such businesses can leverage this contract to expand their market presence and gain valuable experience in the higher education sector. ## Notice Provision of investments advisory and funds management services in respect of the University's endowment funds portfolio. ### Lot Information Lot 1 To appoint a suitable investment funds manager to assist the University maintain and grow the real value of all permanent endowments, invest in income generating assets to support an annual expenditure plan, and manage these investments within a balanced, multi-asset portfolio with an appropriate degree of risk. Renewal: Subject to satisfactory annual review, this agreement may be extended annually up to a maximum contract term of seven years (3+1+1+1+1). ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC302808 | | Notice type | OJEU - F3 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 29 Nov 2017 | | Submission deadline | 8 Sep 2017 | | Future notice date | Not specified | | Award date | 20 Nov 2017 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | HERIOT WATT UNIVERSITY | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH14 4AS | | 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 | Pentland Hills | | Westminster constituency | Edinburgh South West | | Delivery location | TLM75 City of Edinburgh | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66140000 - Portfolio management services ## Release History - 29 Nov 2017 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC302808 - 18 Aug 2017 at 00:00 - TenderUpdate - OJEU - F14 - Corrigendum - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG292903 - 4 Aug 2017 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG291697 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=20 1st September 2017 - Data Personal Data Processing & Confidentiality Agreement - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=19 31st August 2017 - Clarifications & Additional Information - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=18 18th August 2017 - Supplementary Questions Cross-referenced to Award Criteria. - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=16 8th August 2017 - ESPD Version 1.9 - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=17 8th August 2017 - ESPD Version 1.9 - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=15 7th August 2017 - Appendix 14 - Strategic Plan - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=9 7th August 2017 - Appendix 8 - Terms and Conditions of Contract - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=10 7th August 2017 - Appendix 9 - HWU Endowments Strategy - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=11 7th August 2017 - Appendix 10 - Endowments Committee Terms of Reference - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=12 7th August 2017 - Appendix 11 - Committee Structure - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=13 7th August 2017 - Appendix 12 - Endowments Investment and Management Policy - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=14 7th August 2017 - Appendix 13 - HWU Annual Accounts 2016 - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=2 7th August 2017 - Appendix 1 - Bona Fide Tender - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=3 7th August 2017 - Appendix 2 - Contract Pricing Workbook - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=4 7th August 2017 - Appendix 3 - Form of Tender - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=5 7th August 2017 - Appendix 4 - Freedom of Information - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=6 7th August 2017 - Appendix 5 - Parent Company Guarantee - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=7 7th August 2017 - Appendix 6 - Supply Chain Code of Conduct - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=8 7th August 2017 - Appendix 7 - Confidentiality Agreement - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG291697&idx=1 7th August 2017 - ITT Release Version - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG291697 Endowment funds advisory and funds management services - Provision of investments advisory and funds management services in respect of the University's endowment funds portfolio. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC302808 Endowment funds advisory and funds management services - Provision of investments advisory and funds management services in respect of the University's endowment funds portfolio. ## Notice URLs - http:// - http://intranet.hw.ac.uk/ps/gls/procurement/Pages/default.aspx - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000502906 - https://www.publiccontractsscotland.gov.uk/ - https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html ## 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-r6ebe6-0000502906. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000502906.json.