Closed tender

Active Multi Asset Investment Manager

Details

Topic
Banking and investment services
Published
5 March 2024
Submission
5 April 2024

Tender description

Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the “Investment Manager” or “ Service Provider”) to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage: - the Paisley Common Good Fund and the Renfrew Common Good Fund (“Common Good Funds”), - the Renfrewshire Educational Trust (“Educational Trust”) and - the Renfrewshire Council Insurance Fund (“Insurance Fund”) The Tender Procedure will be conducted in accordance with an above Government Procurement Agreement (GPA) Threshold Open Tender procedure relating to a Services Contract.

Timeline

  1. Completed: Tender published5 March 2024
    Current notice
  2. Completed: Submission date5 April 2024

About the buyer

Renfrewshire Council is a Paisley-based local authority that buys goods, services and works through its own procurement team. Every current tender is advertised on Public Contracts Scotland, the national portal for Scotland's public sector. Registering there is the first step to bidding for council contracts. Suppliers can also create a supplier finder profile on the portal to promote their business to buyers looking to purchase lower-value goods and services. A live contracts register on the council's own website lists current contract notices. Tenders run as open, restricted, negotiated or competitive dialogue procedures depending on the opportunity.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Renfrewshire Council's contract awards have been in construction work, health and social work and transport equipment.

Relevant CPV codes

  • 66100000 · Banking and investment services
  • 66120000 · Investment banking services and related services

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