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

Official notice

Authority: Scottish Courts and Tribunals Service

Services

Sectors: Financial and insurance services (66) Delivery: Scotland (UKM)

Planned pipeline value£250,000pipeline notice, not a live tender

Tender notice expected 4 Sept 2023from the planned procurement notice

What is being bought

Published requirement description

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.

CPV: Banking and investment services · Financial and insurance services · Portfolio management services

The lotProcurement structure

single lot · no lot value published

Lot #1Planned

Delivery: Scotland

66000000 Financial and insurance services 66100000 Banking and investment services

Procedure terms & legal framework

From the official record · publisher note attached

Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Past planning notice
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: Unspecified in notice
First published: 3 Aug 2023, 15:02 BST
Last source update: 3 Aug 2023, 15:02 BST
Authority reference: SCTS-2023-060
FTS notice number: 2023/S 000-022624
Classification (CPV): Banking and investment servicesFinancial and insurance servicesPortfolio management services
Delivery area: Scotland (UKM)
Official registry OCID: ocds-h6vhtk-03ecd0 Find a Tender

Publisher note: Please find attached PRIOR INFORMATION NOTICE (PIN) document for completion and return to [email protected] by 18/08/2023. Please also note that a virtual pre-market engagement session (i.e. Bidder’s Forum) is scheduled for 25/08/2023 at 2:00 PM, taking place on Microsoft Teams. Invites will be issued to the supplier’s e-mail address provided in the returned PIN document. NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=740666. (SC Ref:740666)

How it was run

Official notice

Submission deadline: —

Timeline

3 Aug 2023 → 4 Sept 2023 · 2 dates

Notice published
3 Aug 2023, 15:02 BST
Tender notice expected
4 Sept 2023, 00:00 BST

Commercial outcome & contract awards

Pipeline notice

Awards (0): No award published
Contracts (0): No contract published
Bid statistics: No aggregate bid statistics published

Contracting authority & participating public bodies

Scottish Courts and Tribunals Service

Contracting authorityBody governed by public lawJustice Saughton House, Broomhouse Drive, Edinburgh, Scotland, EH11 3XDContact name, email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.