Published date: 17 December 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.


Closing: 25 January 2019

Contract summary

Industry

  • Financial and insurance services - 66000000

  • Banking and investment services - 66100000

  • Investment banking services and related services - 66120000

Location of contract

LE1 9BH

Value of contract

£200,000 to £300,000

Procurement reference

1171 - 18

Published date

17 December 2018

Closing date

25 January 2019

Contract start date

11 March 2019

Contract end date

10 March 2024

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

The University invites tenders from Investment advisors to create, implement and manage an Investment Strategy for Cash & Endowments.

The initial requirement is for the creation of a DMU Investment Strategy, this is expected to commence immediately following contract award with a firm completion date for the initial strategy by the 15 May 2019. This strategy will then be presented for approval at the Finance and Human Resources Committee on the 20 June 2019.

After the Investment Strategy is approved, the Investment Advisor will be responsible for implementation of the Investment strategy through suitable Investment Managers and ensuring the on-going review and management of investment arrangements.

More information

Links

Additional text

Is a Recurrent Procurement Type? : No

About the buyer

Contact name

Simon Palethorpe

Address

The Gateway
Leicester
Lecestershire
LE1 9BH
United Kingdom

Telephone

+44 (0)116 257 7362

Email

simon.palethorpe@dmu.ac.uk