Scope
Reference
BCU-FTS-59434
Description
Many of the donations and legacies received by the Charity cannot be spent right away as they need to be accumulated in order to fund the most pressing and relevant items to improve patient care. As a result, the charity invests these contributions in order to earn income and protect their 'real-worth'.
An investment manager is required to manage these investments, in order to maximise the return to the Charity, whilst minimising the risk.
The Charity has adopted an ethical framework for investments with underlying principles supporting an ethical component of the overall investment strategy. This gives direction to the investment manager to develop a suitable investment strategy which is consistent with these ethical principles whilst affording sufficient flexibility to provide the best balance of risk and reward for the Charity.
The current Ethical Investments Policy states:
It is recommended that there is negative exclusion of investment in companies manufacturing and distributing:
- Alcoholic products;
- Tobacco products; and
- Any products which may be considered in conflict with the Health Board's activities.
Investment is not permitted in companies which have a poor record in human rights and child exploitation or which derive their profits from countries with poor human rights records.
Please see Information for Bidders document on the Bravo Solutions portal for further details.
Betsi Cadwaladr University Health Board recognises the importance of the Welsh language to the communities it serves. Consequently, responses to an invitation to quote or tender will be accepted in Welsh as well as English. However, please note that tender responses submitted only in Welsh will be translated by the Trust into English before consideration. Those involved in translating the document will be barred from taking decisions on awarding tenders.
The tender will be awarded based on 40% cost & 60% quality as detailed in the ITT document. Please note that the tender closing date is 14/07/2025 at midday and any late submissions will not be considered.
The etenderwales bravosolution ref:Project: project_59434 and itt_117885
Please direct all queries relating to this tender via the messaging function of the Bravo portal.More details can be found at https://etenderwales.bravosolution.co.uk.
Total value (estimated)
- £250,000 excluding VAT
- £300,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 October 2025 to 30 September 2028
- Possible extension to 3 September 2030
- 4 years, 11 months, 3 days
Description of possible extension:
option to extend for a further two 12-month periods subject to supplier performance and internal Health Board approval.
Main procurement category
Services
CPV classifications
- 66000000 - Financial and insurance services
Contract locations
- UKL23 - Flintshire and Wrexham
- UKL13 - Conwy and Denbighshire
- UKL12 - Gwynedd
- UKL11 - Isle of Anglesey
Participation
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Enquiry deadline
7 July 2025, 12:00pm
Tender submission deadline
14 July 2025, 12:00pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
- Welsh
- English
Award decision date (estimated)
20 August 2025
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Commercial | Cost | 40.00% |
| Adherence to Specification (Tender Responses) | Quality | 30.00% |
| Adherence to Specification (Interview) | Quality | 30.00% |
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Justification for not publishing a preliminary market engagement notice
Service specification and investment portfolio has been developed by the Health Board
Contracting authority
Betsi Cadwaladr University Health Board
- NHS Organisation Data Service: 7A1
Ysbyty Gwynedd, Penrhosgarnedd,
Bangor
LL57 2PW
United Kingdom
Contact name: Gregg Roberts
Email: gregg.roberts@wales.nhs.uk
Website: http://nwssp.nhs.wales/ourservices/procurement-services/
Region: UKL12 - Gwynedd
Organisation type: Public authority - central government
Devolved regulations that apply: Wales
Other organisation
These organisations are carrying out the procurement, or part of it, on behalf of the contracting authorities.
NHS Wales Shared Services Partnership (hosted by Velindre University NHS Trust)
Summary of their role in this procurement: Procurement Lead
- NHS Organisation Data Service: RQF
4-5 Charnwood Court, Heol Billingsley, Parc Nantgarw
Cardiff
CF15 7QZ
United Kingdom
Contact name: Gregg Roberts
Email: gregg.roberts@wales.nhs.uk
Region: UKL15 - Central Valleys