Investment Management Consultancy Services

{
  "awards": [
    {
      "contractPeriod": {
        "endDate": "2032-03-31T23:59:59+01:00",
        "startDate": "2025-04-10T00:00:00+01:00"
      },
      "date": "2025-04-10T00:00:00+01:00",
      "datePublished": "2025-06-12T14:10:39+01:00",
      "documents": [
        {
          "datePublished": "2025-06-12T14:10:39+01:00",
          "description": "Awarded contract notice on Contracts Finder",
          "documentType": "awardNotice",
          "format": "text/html",
          "id": "1",
          "language": "en",
          "url": "https://www.contractsfinder.service.gov.uk/Notice/340db1cd-9671-473a-8057-807e905f6f0e"
        }
      ],
      "id": "ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-CFS-319365",
          "name": "Isio Group Limited"
        }
      ],
      "value": {
        "amount": 0,
        "currency": "GBP"
      }
    }
  ],
  "buyer": {
    "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/992V7dNA",
    "name": "N I Local Government Officer Superannuation Committee"
  },
  "date": "2025-06-12T14:10:39+01:00",
  "id": "340db1cd-9671-473a-8057-807e905f6f0e-849016",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8",
  "parties": [
    {
      "address": {
        "countryName": "Northern Ireland",
        "locality": "BELFAST",
        "postalCode": "BT42LP",
        "streetAddress": "411 Holywood Road"
      },
      "contactPoint": {
        "email": "linzi.mcwilliams@nilgosc.org.uk",
        "name": "Linzi McWilliams",
        "telephone": "0345 3197 320"
      },
      "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/992V7dNA",
      "identifier": {
        "id": "supplierregistration.cabinetoffice.gov.uk/992V7dNA",
        "legalName": "N I Local Government Officer Superannuation Committee",
        "scheme": "GB-SRS"
      },
      "name": "N I Local Government Officer Superannuation Committee",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "streetAddress": "3 Noble Street, London, EC2V 7EE, United Kingdom"
      },
      "details": {
        "scale": "large",
        "vcse": false
      },
      "id": "GB-CFS-319365",
      "identifier": {
        "legalName": "Isio Group Limited"
      },
      "name": "Isio Group Limited",
      "roles": [
        "supplier"
      ]
    }
  ],
  "tag": [
    "award"
  ],
  "tender": {
    "classification": {
      "description": "Pension fund consultancy services",
      "id": "66523000",
      "scheme": "CPV"
    },
    "contractPeriod": {
      "endDate": "2032-03-31T23:59:59+01:00",
      "startDate": "2025-04-10T00:00:00+01:00"
    },
    "description": "NILGOSC wishes to appoint an Investment Advisor who will be the principal source of expert advice to the Officers and the Management Committee (the Committee). \r\n\r\nThe Supplier must be authorised to provide investment advisory services within the United Kingdom and demonstrate that it provides such services in accordance with the relevant professional standards.\r\n\r\nThe Supplier must be able to provide advice in respect of the following areas in line with NILGOSC\u0027s status as a public sector pension scheme and non-departmental public body:\r\n\r\n\u2022\tSetting appropriate investment objectives and an investment strategy to deliver the objectives\r\n\u2022\tAsset Allocation\r\n\u2022\tStatement of Investment Principles\r\n\u2022\tInvestment Manager Research and Selection\r\n\u2022\tInvestment Manager Monitoring\r\n\u2022\tPerformance Measurement and Evaluation\r\n\u2022\tGlobal Custody\r\n\u2022\tResponsible Investment\r\n\u2022\tAdditional Voluntary Contribution Investments\r\n\r\nThe Supplier will possess an up-to-date knowledge and understanding of all relevant government legislation, codes of practice, guidance issued by United Kingdom and Northern Ireland Government Departments and professional bodies and issues both nationally and locally. \r\n\r\nThe Supplier will be expected to appoint a nominated Lead Investment Advisor (the Advisor) who will have lead responsibility for delivering the requirements of the investment advisory service. The Advisor will liaise with and provide advice and information to NILGOSC\u0027s executive Officers (the Officers) and will report at Management Committee meetings. \r\n\r\nThe Advisor, supported by an experienced team with investment advisory expertise, will be required to provide information and guidance on issues that impact on the Fund. The Advisor will also be required to draw to NILGOSC\u0027s attention any relevant issues, and to identify developments and changes required, to ensure that NILGOSC is kept informed of, and is compliant with best practice. The Advisor will also be required to advise on NILGOSC\u0027s Statement of Investment Principles (SIP) and to assist with implementation of changes to the asset allocation, if required.\r\n\r\nThe Advisor will be required to prepare for and attend quarterly Committee meetings or more often as required. The Advisor will also be required to prepare for and attend a triennial strategic review with the Committee and Officers to review the investment strategy and asset allocation for the Fund, or other relevant issues as required.\r\n\r\nProposals are invited for the supply of Investment Consultancy Services (Lot 1); Manager/Fund Search, Selection, Monitoring and Review Services (Lot 2); and Investment Management Consultancy Related Specialist Services (Lot3) under the National LGPS Framework reference NCCT42289. This contract will be awarded under the terms and conditions of the Framework and variations to the Call-Off Terms and Conditions attached will be considered and accepted or rejected, at the discretion of NILGOSC. NILGOSC wishes to appoint a single provider.",
    "id": "NCCT42289",
    "items": [
      {
        "deliveryAddresses": [
          {
            "countryName": "United Kingdom",
            "region": "Northern Ireland"
          }
        ],
        "id": "1"
      }
    ],
    "mainProcurementCategory": "services",
    "procurementMethod": "selective",
    "procurementMethodDetails": "Call-off from a framework agreement",
    "status": "complete",
    "suitability": {
      "sme": false,
      "vcse": false
    },
    "tenderPeriod": {
      "endDate": "2024-11-11T15:00:00Z"
    },
    "title": "Investment Management Consultancy Services"
  }
}