Contract notice
Section I: Contracting
authority
I.1) Name and addresses
Ministry of Justice
102 Petty France
London
SW1H 9AJ
UK
Telephone: +44 02033343555
E-mail: CCMDFinancialServices@justice.gov.uk
NUTS: UK
Internet address(es)
Main address: https://ministryofjusticecommercial.bravosolution.co.uk
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://ministryofjusticecommercial.bravosolution.co.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://ministryofjusticecommercial.bravosolution.co.uk
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Ministry or any other national or federal authority, including their regional or local subdivisions
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Provision of Investment Services for the Official Solicitor and the Public Trustee
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
The Ministry of Justice (MoJ) is conducting an open procedure to obtain Investment Services for the Official Solicitor to the Senior Courts (referred to as the Official Solicitor and the Public Trustee).
The Authority intends to enter into 2 single contracts, one for the Official Solicitor (OS) and one for the Public Trustee (PT).
The Official Solicitor (OS) and the Public Trustee (PT) oversee asset management for their clients. This initiative aims to procure expert investment guidance to ensure the effective management of these assets for a period of up to 5 years.
II.1.5) Estimated total value
Value excluding VAT:
1 601 110.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
The Ministry of Justice (MoJ) is conducting an open procedure to obtain Investment Services for the Official Solicitor to the Senior Courts (referred to as the Official Solicitor) and the Public Trustee.
The Official Solicitor (OS) and the Public Trustee (PT) to oversee asset management for their clients. This initiative aims to procure expert investment guidance to ensure the effective management of these assets for a period of up to 5 years.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
1 601 110.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start:
07/04/2025
End:
06/04/2030
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
24/02/2025
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.7) Conditions for opening of tenders
Date:
24/02/2025
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.4) Procedures for review
VI.4.1) Review body
Royal Courts of Justice
Strand
London
WC2A 2LL
UK
E-mail: CCMDFinancialServices@justice.gov.uk
VI.5) Date of dispatch of this notice
23/01/2025