Asset Investment Management Service

A Contract Award Notice
by NHS WALES SHARED SERVICES PARTNERSHIP

Source
Find a Tender
Type
Contract (Services)
Duration
2 year (est.)
Value
___
Sector
BUSINESS
Published
09 Jul 2024
Delivery
01 Oct 2019 to 30 Sep 2021 (est.)
Deadline
n/a

Concepts

Location

Cardiff

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

CARDIFF AND VALE LOCAL HEALTH BOARD CHARITY has the requirement for Investment Management Services. The Charity is seeking innovative responses to deliver Investment Services commensurate with the esponsibilities of NHS Charities. The contract will be for a period of 2 years commencing from 1st October 2019 with the Health Board option to extend for a maximum of a further two years. The Charity seeks to maximise the total return on funds held and the Charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of Asset Class Distribution. In terms of the current portfolio, the Local Health Board’s investments had a market value of GPB 6.2m as at March 2019 and the portfolio is broken down over various sectors as shown in the tender documents. The Charity requires the successful supplier to manage the funds on behalf of the Charity in accordance with the required Charity Commission and other legal requirements placed on NHS charities.

Total Quantity or Scope

Cardiff and Vale University Health Board Charity has the requirement for Investment Management Services. The Charity is seeking innovative responses to deliver Investment Services commensurate with the responsibilities of NHS Charities. … The Charity seeks to maximise the total return on funds held and the Charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of Asset Class Distribution. In terms of the current portfolio, the Local Health Board’s investments had a market value of GBP 6.114m as at March 2019 and the portfolio is broken down over various sectors as shown in the tender documents. The Charity requires the successful supplier to manage the funds on behalf of the Charity in accordance with the required Charity Commission and other legal requirements placed on NHS charities. The current restrictions placed on investments by the Charity are set out in the approved investment strategy which is provided in the tender documents.

Award Detail

1 Unnamed (None)
  • Reference: cav-ojeu-project42467
  • CONTRACT NOT AWARDED – PROCUREMENT DISCONTINUED.

Award Criteria

PRICE _

CPV Codes

  • 66000000 - Financial and insurance services
  • 66100000 - Banking and investment services
  • 66120000 - Investment banking services and related services

Indicators

  • Award on basis of price.

Other Information

(WA Ref:142846)

Reference

Domains