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planned
Official procurement procedure

PROVISION OF AN INVESTMENT MANAGEMENT COMPANY FOR CHILDREN (SCOTLAND) ACT 1995 – INVESTMENTS

Banking and investment services
Financial and insurance services
Portfolio management services
Scotland (UKM)
Published value
£250,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Scottish Courts and Tribunals Service: "PROVISION OF AN INVESTMENT MANAGEMENT COMPANY FOR CHILDREN (SCOTLAND) ACT 1995 – INVESTMENTS". Published status: planned. Published value: £250,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityScottish Courts and Tribunals ServiceScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£250,000
Bidder Intelligence · Authority Profile: Scottish Courts and Tribunals Service
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Scottish Courts and Tribunals Service. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
3.3Bids / Report
45.5% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 12 active published awards; 11 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityScottish Courts and Tribunals Service
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published3 Aug 2023, 15:02 BST
Last source update3 Aug 2023, 15:02 BST
Recurring procurementNot published
ClassificationBanking and investment services, Financial and insurance services, Portfolio management services
Delivery area
Scotland (UKM)
OCIDocds-h6vhtk-03ecd0
What is being bought
We require the services of an Investment Management Company located in or able to operate in Scotland. The primary responsibility of the selected company will be the management and oversight of funds belonging to minors (children) under the age of 16. The funds generally originate from various sources, including inheritances, damages, or insurance policies related to children. The Investment Management Company will be expected to demonstrate expertise in effectively handling and growing these funds while adhering to legal and regulatory frameworks. They should possess a strong understanding of financial management principles and ideally have experience in handling portfolios on behalf of minors.
What changed
From the official release history
  1. Published value updated to £250,000
    3 Aug 2023, 15:02 BST
  2. Status changed to planned
    3 Aug 2023, 15:02 BST
  3. Official notice release published
    3 Aug 2023, 15:02 BST
  4. Buyer information updated
    3 Aug 2023, 15:02 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    We require the services of an Investment Management Company located in or able to operate in Scotland. The primary responsibility of the selected company will be the management and oversight of funds belonging to minors (children) under the age of 16. The funds generally originate from various sources, including inheritances, damages, or insurance policies related to children. The Investment Management Company will be expected to demonstrate expertise in effectively handling and growing these funds while adhering to legal and regulatory frameworks. They should possess a strong understanding of financial management principles and ideally have experience in handling portfolios on behalf of minors.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    3 Aug 2023, 15:02 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Scottish Courts and Tribunals Service

Contracting authority GB-FTS-2483
View buyer profile

  • Scottish Courts and Tribunals Service
    buyer
    centralPurchasingBody

    Saughton House, Broomhouse Drive, Edinburgh, UKM, EH11 3XD
    dchawla@scotcourts.gov.uk
    +44 1314443433
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published