--- title: "Appointment of Investment Advisor Endowment Funds" ocid: "ocds-r6ebe6-0000568701" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000568701" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000568701.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000568701.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "NHS AYRSHIRE & ARRAN" published: "2019-04-25" --- # Appointment of Investment Advisor Endowment Funds Buyer: NHS AYRSHIRE & ARRAN Current stage: Award OCID: ocds-r6ebe6-0000568701 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000568701) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000568701.json) ## Summary NHS Ayrshire & Arran is seeking tenders for the Appointment of an Investment Advisor to manage their Endowment Funds Investment Portfolio, in accordance with the Trustees Investments Act. This procurement is classified under the services category and is located in Ayr, UK. The tender procedure is currently complete, with the contract awarded on 25th March 2019 for a total value of £207,360. Businesses interested in this procurement should note that the selection criteria require the appointed consultant to be a member of the London Stock Exchange and regulated by the Financial Services Authority. This tender presents a significant opportunity for investment management firms, particularly those with expertise in charitable funds and regulatory compliance. Companies with a strong background in finance and investment advisory services, especially those meeting the criteria for membership in the London Stock Exchange, would be well-positioned to compete. Engaging with the NHS could enhance a firm's visibility in the public sector and allow for growth through long-term contracts, given the nature of the investment portfolio's management. ## Notice NHS Ayrshire and Arran are seeking Tenders for the Appointment of an Investment Advisor to manage their Endowment Funds Investment Portfolio in line with the Trustees Investments Act. The fund has charitable status and is exempt from Income and Capital Gains Tax. To ensure that the portfolio performs to its maximum potential, the appointed Investment Consultant must be a member of the London Stock Exchange and be regulated by the Financial Services Authority. ### Lot Information Lot 1 Appointment of Investment Advisor Endowment Funds Renewal: Maximum of 2 x 12 month extensions ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR352626 | | 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 | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 25 Apr 2019 | | Submission deadline | 30 Jan 2019 | | Future notice date | Not specified | | Award date | 25 Mar 2019 | | Contract period | Not specified | | Recurrence | 3 to 5 years depending on extensions | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £207,360 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | NHS AYRSHIRE & ARRAN | | Locality | AYR | | Post town | Kilmarnock | | Postcode | KA6 6AB | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM9 Southern Scotland | | ITL 3 | TLM94 South Ayrshire | | Local authority | South Ayrshire | | Electoral ward | Maybole, North Carrick and Coylton | | Westminster constituency | Ayr, Carrick and Cumnock | | Delivery location | TLM94 South Ayrshire | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | EDENTREE INVESTMENT MANAGEMENT | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66100000 - Banking and investment services - 66120000 - Investment banking services and related services - 66150000 - Financial markets administration services ## Release History - 25 Apr 2019 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR352626 - 24 Dec 2018 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC340898 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC340898&idx=1 27th December 2018 - Invitation to Tender - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC340898&idx=2 27th December 2018 - Draft Terms and Conditions - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC340898&idx=3 27th December 2018 - Investment Charter - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC340898 Appointment of Investment Advisor Endowment Funds - NHS Ayrshire and Arran are seeking Tenders for the Appointment of an Investment Advisor to manage their Endowment Funds Investment Portfolio in line with the Trustees Investments Act. The fund has charitable status and is exempt from Income and Capital Gains Tax. To ensure that the portfolio performs to its maximum potential, the appointed Investment Consultant must be a member of the London Stock Exchange and be regulated by the Financial Services Authority. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR352626 Appointment of Investment Advisor Endowment Funds - NHS Ayrshire and Arran are seeking Tenders for the Appointment of an Investment Advisor to manage their Endowment Funds Investment Portfolio in line with the Trustees Investments Act. The fund has charitable status and is exempt from Income and Capital Gains Tax. To ensure that the portfolio performs to its maximum potential, the appointed Investment Consultant must be a member of the London Stock Exchange and be regulated by the Financial Services Authority. ## Notice URLs - http:// - http://www.nhsaaa.net - http://www.publiccontractsscotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000568701 ## 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-r6ebe6-0000568701. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000568701.json.