Published date: 29 September 2023

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


Closing: 30 December 2022, 12pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

Any region

Value of contract

£1,005,000

Procurement reference

tender_309226/1252808

Published date

29 September 2023

Closing date

30 December 2022

Closing time

12pm

Contract start date

1 February 2024

Contract end date

31 January 2029

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

The requirement is for the appointment of an investment manager to manage and control the Lord Chancellor's Investment Fund.

The purpose of the fund is to provide an investment vehicle for funds in court in England and Wales and separately in Northern Ireland. Funds are held under the jurisdiction of the Official Solicitor and the Public Trustee, and a number of individuals granted permission to invest by the Lord Chancellor.

More information

Previous notice about this procurement

Lord Chancellors Investment Fund

  • Opportunity
  • Published 9 December 2022

Attachments

Additional text

Deed of Agreement - Redacted

Award information

Awarded date

14 July 2023

Contract start date

1 February 2024

Contract end date

31 January 2029

Total value of contract

£1,005,000

This contract was awarded to 1 supplier.

Legal & General Investment Management Ltd

Address

One Coleman Street, London EC2R 5AA

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Ministry of Justice

Address

102 Petty France
London
SW1H 9AJ
England

Email

ccmdfinancialservices@justice.gov.uk