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Official procurement procedure

Provision of Fiduciary Management services to Aberystwyth University Pension Scheme

Pension fund consultancy services
Pension fund management services
Pension investment services
+1 more
Wales (UKL1)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Aberystwyth University: "Provision of Fiduciary Management services to Aberystwyth University Pension Scheme". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityAberystwyth UniversityScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Aberystwyth University
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Aberystwyth University. 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
2.8Bids / Report
42.9% 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: 14 active published awards; 14 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 Unpublished data stays unknown.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 AuthorityAberystwyth University
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published24 Oct 2024, 14:46 BST
Last source update24 Oct 2024, 14:46 BST
Recurring procurementNot published
ClassificationPension fund consultancy services, Pension fund management services, Pension investment services, Pension services
Delivery area
Wales (UKL1)
OCIDocds-h6vhtk-042534
What is being bought
To provide a FM service to Aberystwyth University Pension Scheme (“the Scheme”) together with the necessary investment consultancy advice for the Defined Benefit section of the Plan only to allow the Trustee to set the strategic investment objectives for the Fund and help consideration of the development of a de-risking plan.
What changed
From the official release history
  1. tender value changed
    24 Oct 2024, 14:46 BST
  2. Status changed to complete
    24 Oct 2024, 14:46 BST
  3. Official notice release published
    24 Oct 2024, 14:46 BST
  4. Submission deadline changed to published date
    24 Oct 2024, 14:46 BST
  5. Published value updated to £1,500,000
    13 Dec 2023, 12:02 GMT
  6. Status changed to active
    13 Dec 2023, 12:02 GMT
  7. Official notice release published
    13 Dec 2023, 12:02 GMT
  8. Submission deadline changed to 31 Jan 2024, 14:00 GMT
    13 Dec 2023, 12:02 GMT
  9. Buyer information updated
    13 Dec 2023, 12:02 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Fulfilling these roles will involve the appointed FM taking instructions from the Trustee Board as well as other persons notified to the FM from time to time. Whilst this is proceeding through the University's procurement process the appointment will be a decision for trustees and all obligations and duties of the FM manager are owed to the trustees. The trustees shall have to satisfy themselves that their legal obligations as trustees in relation to investment advice and management are being fulfilled. It shall be the Pension Scheme and not the University that is entering into the contractual obligations.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    24 Oct 2024, 14:46 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 11 Apr 2024, 00:00 BST · £1,500,000
Commercial outcome and competition
Awards
SCHRODERS PLC
Not published · Not published · active
Contracts
Contract
£1,500,000 · signed 11 Apr 2024, 00:00 BST · active
Bid statistics
bids: 8 (lot 1)
electronicBids: 8 (lot 1)
foreignBidsFromEU: 8 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

Aberystwyth University

Contracting authority GB-FTS-83512
View buyer profile

  • Aberystwyth University
    buyer
    centralPurchasingBody

    12 Science Park, Aberystwyth, Ceredigion, UKL1, SY23 3AH
    pad47@aber.ac.uk

  • High Court
    reviewBody

    Royal Courts of Justice, The Strand, London, WC2A 2LL
    +44 2079477501

  • SCHRODERS PLC
    supplier

    1 London Wall Place, London, UKI, EC2Y5AU
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published