--- title: "Investment Management Service" ocid: "ocds-r6ebe6-0000680829" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000680829" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000680829.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000680829.json" source: "Public Contracts Scotland" current_stage: "Tender" buyer: "NHS TAYSIDE" published: "2022-01-25" --- # Investment Management Service Buyer: NHS TAYSIDE Current stage: Tender OCID: ocds-r6ebe6-0000680829 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000680829) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000680829.json) ## Summary NHS Tayside is currently conducting a tender for the "Investment Management Service" aimed at optimising the returns on its Endowment Fund amounting to approximately £34 million as of November 2021. This tender falls within the health industry category and is located in Dundee, UK. The procurement method is selective, following a restricted procedure, with the tender period closing on 2nd March 2022. Key dates include the second stage invitation scheduled for 21st March 2022. Interested parties must submit their bids electronically via the provided portal. This tender presents a significant opportunity for investment management firms, particularly those with a strong track record in charity, environmental, and social governance sectors, to engage with the public sector. Businesses equipped to demonstrate their suitability and experience in managing substantial funds will have a competitive edge. The awarded contract may last for an initial five years, with a potential two-year extension, making it an attractive prospect for firms looking to expand their service offerings within the healthcare domain. ## Notice Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector. ### Lot Information Lot 1 Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector. The contract will be awarded for an initial period of five (5) years with a possible option to extend for a further two (2) years Renewal: Possible two years (2) extension ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN438645 | | Notice type | OJEU - F2 - Contract Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 25 Jan 2022 | | Submission deadline | 2 Mar 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £450,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NHS TAYSIDE | | Locality | DUNDEE | | Post town | Dundee | | Postcode | DD1 9SY | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM0 Eastern Scotland | | ITL 3 | TLM03 Angus and Dundee City | | Local authority | Dundee City | | Electoral ward | West End | | Westminster constituency | Dundee Central | | Delivery location | TLM71 Angus and Dundee City | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66150000 - Financial markets administration services - 79412000 - Financial management consultancy services ## Release History - 25 Jan 2022 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN438645 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN438645 Investment Management Service - Tayside NHS Board Endowment Fund T/A Tayside Health Fund (SCO11042) wishes to maximise returns on its invested capital, which is presently held as a range of assets amounting to c34mGBP (as at November 2021) in accordance with its Investment Strategy and is seeking tenders from suitably qualified investment management companies with a proven track record in the charity/environmental and social governance sector. ## Notice URLs - http:// - http://www.nhstayside.scot.nhs.uk - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 - http://www.publictendersscotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000680829 ## 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-r6ebe6-0000680829. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000680829.json.