Published date: 29 July 2025

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 24 February 2025, 12pm

Contract summary

Industry

  • Banking and investment services - 66100000

Location of contract

Any region

Value of contract

£50,465

Procurement reference

tender_476648/1503607

Published date

29 July 2025

Closing date

24 February 2025

Closing time

12pm

Contract start date

4 October 2025

Contract end date

3 October 2030

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This notice relates to the award of a contract for the provision of Investment Services to the Public Trustee. The Public Trustee acts as executor or administrator of estates and as the appointed trustee of settlements. In addition, the Public Trustee is the legal holder of land under Part IV of the First Schedule to the Law of Property Act 1925 and Part V of the First Schedule to the Law of Property Act 1925. The Public Trustee holds real and personal property such as stocks and shares ("securities"), cash and land.

An estate is where the Public Trustee has been appointed as executor of a deceased person's will or as administrator of an estate of a person who has died without a will. An executor/administrator collects all the deceased's assets and pays all of the debts before distributing what remains to the beneficiaries named in the will or, if there is no will, who is entitled by law to this.

Where the Public Trustee has been appointed to act as a trustee, she has a duty to invest the capital held to produce income to use or pay for the benefit of the beneficiaries of the trust. It is a legal responsibility of the Public Trustee as Trustees to obtain professional investment advice when managing the assets.

More information

Previous notice about this procurement

Provision of Investment Services for the Official Solicitor and the Public Trustee

  • Opportunity
  • Published 23 January 2025

Award information

Awarded date

30 June 2025

Contract start date

4 October 2025

Contract end date

3 October 2030

Total value of contract

£50,465

This contract was awarded to 1 supplier.

Charles Stanley & Co. Ltd

Address

Ropemaker Place, 25 Ropemaker Street, London EC2Y 9LY

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

5 Wellington Place
Leeds
LS1 4AP
England

Email

CommercialFinancialServices@justice.gov.uk