Expired contract

Master Investment Advisory Services Agreement

Details

Supplier(s)
The Townsend Group
Value
£1,075,000
Duration
3 years
Topic
Pension investment services
Published
15 November 2022

Tender description

Border to Coast Pensions Partnership Ltd has awarded the contract for an Adviser who will work with the Client to develop and revise periodically a strategic plan setting forth the investment strategy, performance objectives, benchmarks, targeted portfolio structure, risk management policies, investment procedures, selection criteria and monitoring and reporting requirements for the Portfolio. This has been awarded to The Townsend Group.

Timeline

  1. Completed: Award date4 November 2022
  2. Completed: Award published15 November 2022
    Current notice
  3. Completed: Contract expiry date4 November 2025

About the buyer

Border to Coast Pensions Partnership is a local government pension asset manager based in Leeds. The Local Government Pension Scheme funds that set it up own it as equal shareholders. A dedicated procurement team carries out due diligence on suppliers. Some tenders use a competitive flexible procedure in two stages. Soft market testing with suppliers comes before some tenders. Bidders must show their policies on diversity, environmental impact and modern slavery.

Over the past 5 years, most of Border to Coast Pensions Partnership Limited's contract awards have been in software and information systems, financial and insurance services and IT services.

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