Published date: 18 December 2020

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: 5 February 2021, 12am

Contract summary

Industry

  • Banking and investment services - 66100000

Location of contract

Any region

Value of contract

£40,000

Procurement reference

tender_260928/913108

Published date

18 December 2020

Closing date

5 February 2021

Closing time

12am

Contract start date

1 May 2021

Contract end date

30 April 2024

Contract type

Service contract

Procedure type

Open procedure (below threshold)

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

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Sport England on behalf of The Sports Council Trust Company as the contracting authority is tendering for the supply of a professional Investment Manager to manage the investment funds of the Charity. The Sports Council Trust Company is seeking through this tendering process to award a contract with a suitably capable Investment Manager to provide these services for an initial term of 36 months and a unilateral option of The Sports Council Trust Company to extend for further periods up to a maximum of 12 months. The Sports Council Trust Company key objective is to minimise the management fees charged by the investment manager and thus the anticipated contract value is for the management fee less than £30k over the initial contract period and less than £10k for the extension.

More information

Links

About the buyer

Address

21 Bloomsbury Street
London
WC1B 3HF
England

Telephone

1

Email

Procurement@sportengland.org