Section one: Contracting authority
one.1) Name and addresses
Ministry of Justice
102 Petty France
London
SW1H 9AJ
CCMDFinancialServices@justice.gov.uk
Telephone
+44 02033343555
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
https://ministryofjusticecommercial.bravosolution.co.uk
one.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 above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://ministryofjusticecommercial.bravosolution.co.uk
Tenders or requests to participate must be submitted to the above-mentioned address
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Provision of Investment Services for the Official Solicitor and the Public Trustee
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.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.
two.1.5) Estimated total value
Value excluding VAT: £1,601,110
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.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.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £1,601,110
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
7 April 2025
End date
6 April 2030
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
24 February 2025
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.7) Conditions for opening of tenders
Date
24 February 2025
Local time
12:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.4) Procedures for review
six.4.1) Review body
Royal Courts of Justice
Strand
London
WC2A 2LL
CCMDFinancialServices@justice.gov.uk
Country
United Kingdom