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Official procurement procedure

The Provision of Alternative Investment Fund Manager(‘AIFM’) Services and Administration and Depositary Services

Banking and investment services
UK
Published value
£2,800,000
Submission deadline 20 Jul 2026, 12:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Scottish National Investment Bank: "The Provision of Alternative Investment Fund Manager(‘AIFM’) Services and Administration and Depositary Services". Published status: active. Published value: £2,800,000. 1 published lot. Recorded submission deadline: 20 Jul 2026, 12:00 BST. See the official notice for participation instructions.
Contracting AuthorityScottish National Investment BankScope & CategoriesNot publishedSubmission Window
Closed
20 Jul 2026, 12:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£2,800,000
Bidder Intelligence · Authority Profile: Scottish National Investment Bank
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Scottish National Investment Bank. 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
10Bids / Report
11.1% 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: 9 active published awards; 9 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 Unpublished data stays unknown.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 National Investment Bank
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published18 Jun 2026, 17:03 BST
Last source update18 Jun 2026, 17:03 BST
Recurring procurementYes
ClassificationBanking and investment services
Delivery area
UK
OCIDocds-h6vhtk-06b87a
What is being bought
The Bank is seeking a Supplier for the Provision of Alternative Investment Fund Manager (‘AIFM’) services and Administration and Depositary services in relation to the planned launch of a small number of UK-domiciled, non-Retail unregulated collective investment schemes (UCIS) to be privately placed to institutional investors. Depositary Services are only required where relevant to the fund structure. Estimated contract value for initial contract period (4 years) is 1.5m GBP. Including optional extensions (6 years total), the estimated value is 2.8m GBP. This is indicative based on expected fund roll-out and values which is subject to change.
What changed
From the official release history
  1. Published value updated to £2,800,000
    18 Jun 2026, 17:03 BST
  2. Status changed to active
    18 Jun 2026, 17:03 BST
  3. Official notice release published
    18 Jun 2026, 17:03 BST
  4. Submission deadline changed to 20 Jul 2026, 12:00 BST
    18 Jun 2026, 17:03 BST
  5. Buyer information updated
    18 Jun 2026, 17:03 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£2,800,000
    The Bank is seeking to appoint a suitably authorised and experienced UK Alternative Investment Fund Manager (“AIFM”) to provide a hosted AIFM solution, and associated Fund Administration and Depositary Services (Depositary Services only required where relevant to the fund structure). Under a hosted AIFM model, the appointed provider will be responsible for providing the regulatory permissions, compliance framework and operational infrastructure required to establish and manage investment funds. This includes, but is not limited to, activities relating to regulatory oversight, risk management, compliance, governance and reporting. Additional information: Estimated contract value for initial contract period (4 years) is 1.5m GBP. Estimated value including optional extensions (6 years total contract period) is 2.8m GBP. This is indicative based on expected fund roll-out and values which is subject to change.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    18 Jun 2026, 17:03 BST
  2. Submission deadline
    20 Jul 2026, 12:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Scottish National Investment Bank

Contracting authority GB-FTS-12628
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published