Official UK procurement notice
Investment Manager Services · UK public procurement notice
Authority: University Of York (Pelican) (Education)
What is being bought
Published requirement descriptionThe University of York is pleased to invite tenders from FCA authorised firms for the provision of discretionary investment management services for an initial contract term of 5 years. The University's investment portfolio currently contains permanent endowment assets valued at approximately £7.3m. The services we require as a minimum are: - Suitable investment strategy and allocation advice- Portfolio management and reporting- Account management and market insightFurther details can be found in the invitation to tender documents.
CPV: Investment banking services and related services
The lotProcurement structure
single lot · no lot value publishedLot #1As stated in II.1.4AwardedRenewal
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 sub-criteria (2)
- Quality criterion - Name: Quality criteria with sub-criteria as set out in the ITT documents: 75%
- price: 25%
Published award criteria (2)
- Quality criterion - Name: Quality criteria with sub-criteria as set out in the ITT documents: 75
- Price: 25
- Suitability
Potential providers must be authorised and regulated by the Financial Conduct Authority (FCA).
- Technical & professional ability
Potential providers must be authorised and regulated by the Financial Conduct Authority (FCA).
- 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 · publisher note attached- Procedure method
- Open 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
- 23 Feb 2022, 14:51 GMT
- Last source update
- 30 May 2023, 18:25 BST
- Award evaluation window
- 25 Mar 2022 – …
- Authority reference
UY/PROC/844- FTS notice number
2023/S 000-015314- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-031a6cFind a Tender
- Review procedure
The University will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the University's Procurement Office in the first instance, before the contract is entered into.
Publisher note: Please note that the values published are the anticipated spend for the 5 year initial term of the contract. The University reserves the right to extend for a further 1+1 years.
How it was run
Official noticeTender documents are also served through a separate tool: https://in-tendhost.co.uk/york/aspx/Home ↗
- Submission deadline
- 25 Mar 2022, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 25 Mar 2022, 12:01 GMT
Timeline
25 Mar 2022 → 30 May 2023 · 3 dates- Submission deadline25 Mar 2022, 12:00 GMT
- Bids opened25 Mar 2022, 12:01 GMT
- Notice published30 May 2023, 18:25 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete30 May 2023, 18:25 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| abrdn Capital Limited | £206,966 † | — | Awarded |
Contracts
Investment Manager Services · abrdn Capital Limited
- Signed
- 14 Nov 2022
- Value
- £206,966
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 15bids · 15 electronic · 15 from abroad | 3 | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- abrdn Capital LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria