Published date: 6 August 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Banking and investment services - 66100000
Location of contract
Any region
Value of contract
£1,542,522
Procurement reference
tender_476648/1503557
Published date
6 August 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 for the Official Solicitor.
The Official Solicitor acts as the administrator of estates and trustee of trusts of last resort, and holds real and personal property such as land, cash, and securities (e.g., stocks and shares).
An estate is where the Official Solicitor 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 Official Solicitor 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 Official Solicitor as Trustees to obtain professional investment advice when managing the assets.
Award information
Awarded date
10 July 2025
Contract start date
4 October 2025
Contract end date
3 October 2030
Total value of contract
£1,542,522
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
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Closing: 24 February 2025, 12pm