Published date: 29 July 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 6 September 2019

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

WC2B 6EX

Value of contract

£1,050,000

Procurement reference

tender_177818/786848

Published date

29 July 2019

Closing date

6 September 2019

Contract start date

3 December 2019

Contract end date

2 December 2022

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?

No

Contract is suitable for VCSEs?

No

Description

This contract is for the provision of Investment Services for the Official Solicitor and for the Public Trustee.

The business need is for the provision of investment advice to the Official Solicitor and to the Public Trustee in respect of their current estates and trusts and for future cases.

The key requirements are:

- Provision of investment advice by a fully qualified Investment Manager (whose activities are professionally regulated);
- Provision of associated management information (MI) in line with the schedule set out in the below Management Information (MI) section;
- Provision of monthly consolidated valuation reports;
- The Investment Manager must provide a contract note for each sale or purchase at the point of transaction. The contract note shall be emailed to the relevant case manager;
- The Investment Manager will accept all funds that are referred to the Investment Manager (without reference to the value of the Fund or otherwise);
- Contribute to the stewardship accounts;
- Must comply to the Trustee Act 2000

More information

Links

About the buyer

Contact name

Shauna Grant

Address

5 Wellington Place
Leeds
LS1 4AP
England

Email

shauna.grant@justice.gov.uk