Official UK procurement notice
3960.PS.LWM.23 Investment Manager Services
Authority: University of Sheffield (Education)
What is being bought
Published requirement descriptionThe University of Sheffield invites tenders for the provision of investment management services. Tenders are invited for a contract to commence 1st September 2024 for an initial period of three years with the option to extend for a further two periods each of one year.The University is undertaking a review of its investment management service relating primarily to permanent and expendable endowed funds.Investments currently managed by the University’s Investment Managers, are to be managed by the new Investment Manager service.The full technical specification can be found in the ITT documentation which will be available after you have expressed your interest on In-Tend.
CPV: Banking and investment services · Investment banking services and related services
The lotProcurement structure
single lot · value publishedLot #1AwardedPublished value£1,100,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published award criteria (2)
- Quality: 75%
- Price: 25%
- Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes
- First published
- 10 Jan 2024, 14:24 GMT
- Last source update
- 26 Jun 2024, 14:14 BST
- Authority reference
3960.PS.LWM.23- FTS notice number
2024/S 000-019550- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-042c0fFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official noticeTender documents are also served through a separate tool: https://in-tendhost.co.uk/Sheffield ↗
- Submission deadline
- 12 Feb 2024, 13:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
Timeline
12 Feb 2024 → 26 Jun 2024 · 2 dates- Submission deadline12 Feb 2024, 13:00 GMT
- Notice published26 Jun 2024, 14:14 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete26 Jun 2024, 14:14 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Sarasin & Partners LLP | £1,400,000 † | — | Awarded |
Contracts
Contract 019550-2024-3960.PS.LWM.23-1 · Sarasin & Partners LLP
- Signed
- 12 Jun 2024
- Value
- £1,400,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 22bids · 22 electronic · 22 from abroad | 2 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court of England, Wales and Northern IrelandReview body
Bidders & participating suppliers
1 commercial party on the notice- Sarasin & Partners LLPAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.