RFP QuestBeta
ClosedStage · tender

Scottish National Investment Bank

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

Financial ServicesCPV 66100000
Value£2.8m
Deadline20 Jul 2026
Published18 Jun 2026
RegionNationwide
Timeline
Published 18 Jun 2026ClosedCloses 20 Jul 2026
Who to contact
procurement@thebank.scot

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
£2.8mtotal contract value
median £150k
this tender£0£4.7m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

When this comes round again

Scottish National Investment Bank has published 3 Financial & Insurance Services notices, about every 13 months. On that rhythm the next one is expected around July 2027.

52% of Scottish National Investment Bank’s awards go to a supplier it has used before.

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The brief

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.

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Source & provenance
OCID
ocds-h6vhtk-06b87a
Stage
tender · Open
Source
Find a Tender
Buyer ref
057766-2026
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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