RFP QuestBeta
ClosedStage · tender

Aberystwyth University

Investment Advisory Services

Financial ServicesCPV 66100000
Value£450k
Deadline15 Aug 2022
Published14 Jul 2022
RegionNationwide
Timeline
Published 14 Jul 2022ClosedCloses 15 Aug 2022
Who to contact
pad47@aber.ac.uk
+44 1970628716

The procurement contact named on the official notice.

How to submit
Open the submissions portal

The submission route named on the official notice.

Contract value in context
£450ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

When this comes round again

Aberystwyth University's Financial & Insurance Services cycle is past due — it ran about every 14 months across 3 notices, and the door is open now. It may re-tender at any time.

49% of Aberystwyth University’s awards go to a supplier it has used before.

Which is the argument for getting on the list rather than winning this one. The incumbent is rarely the last winner — it is the roster. See the retention odds by category →


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The brief

The University seeks to engage a professional Investment advisor to assist the Investments Committee and staff in undertaking the duties delegated to it as outlined in its Terms of Reference for a 48 month period .

Aberystwyth University currently has 159 Endowment Funds with a capital value of 40.4m.

New funds are created almost annually whilst some of the original funds date back to the very inception of the University.

The Endowment funds have primarily been created via a mixture of donations and bequests with the vast majority having specific conditions attached to their use.

Revenue is currently used for a variety of purposes such as Scholarships, Bursaries, and Prizes for students, as well as assisting staff with their work and research through grants and awards.

Over the years the Endowment Funds have also contributed towards other institutional goals such as the purchase of land, buildings, and equipment.

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Source & provenance
OCID
ocds-h6vhtk-0351de
Stage
tender · Open
Source
Find a Tender
Buyer ref
019254-2022
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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