Published date: 22 March 2017
This notice was replaced on 29 June 2018
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 29 June 2018)
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.
Contract summary
Industry
Pension fund management services - 66141000
Location of contract
South West
Value of contract
£8,000,000
Procurement reference
tender_135639/566546
Published date
22 March 2017
Closing date
24 April 2017
Contract start date
1 March 2018
Contract end date
28 February 2026
Contract type
Service contract
Procedure type
Other:
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The Trustees of the University of Bristol Pension and Assurance Scheme have decided to appoint a provider to manage the assets of the Scheme on a fiduciary basis. The University of Bristol has been instructed by the Trustees of the Scheme to run a tender process with the intention of identifying and awarding a contract to the most economically advantageous tender. Any decision to award a contract will be approved by the Scheme's Trustees.
The scheme has assets of approximately £300M. The appointed organisation will provide a full fiduciary management service to the Trustees of the University of Bristol Pension and Assurance Scheme (UBPAS), together with the necessary support in respect of the delivery of the administration of the scheme.
The appointed organisation will decide on, oversee, execute or advise on the some or all of the following:
Strategic Asset Allocation,
Tactical Asset Allocation,
Hedging Strategy Implementation,
Manager selection,
Asset class selection,
Portfolio Construction,
Managing scheme liquidity,
Fund reporting,
Trustee Education,
Portfolio Implementation,
Strategic Objectives,
Risk Budget,
Constraints,
Hedging Strategy Design.
The initial contract period will be for 5 years with an option to extend for a maximum of a further 3 years.
About the buyer
Contact name
Martyn Dean
Address
1-9 Old Park Hill
Bristol
BS2 8BB
England
Telephone
0117 9546369
Website
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