📑Long Term Funds Management Services/PRO/OJEU/2020
Procurement process summary
This process is to purchase Long Term Funds Management Services/PRO/OJEU/2020.
This contract was awarded by 🇬🇧 The Open University for an amount of GBP 2,000,000 to 1 supplier. It was published on 2020-07-06 through selective
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇬🇧 The Open University Buying unitnot reported Publication date2020-07-06 Contest statusnot reported DescriptionLot 1 -- To procure long term investment fund management services for its 'Fund 1' of GBP 50 million. Lot 2 -- To procure long term investment fund management services for its 'Fund 2' of GBP 40 million -- GBP 45 million.Awards
This award was granted to Newton Investment Management Limited by The Open University for an amount of GBP 2,000,000. The procurement process was conducted through selective for the category of services. The award was granted on 2021-03-04. This is award number 2.
This contract has multiple awards. This is award number 2. View other awards for this contract
| Supplier | Amount | Award date | Award number |
|---|---|---|---|
| 🇬🇧 Newton Investment Management Limited | GBP 2,000,000 | 2021-03-04 | 2 |
Market context and opportunities
The execution of this contract allows the entity The Open University to fulfill its public service objectives efficiently.
The selective purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberUK_ocds-70d2nz-cab51202-93b0-434f-ba9a-cd355c8e359f-award-2Publication date2020-07-06Contract datenot reportedAward date2021-03-04CategoriesservicesPurchase modalityselectiveMethod detailspt_restrictedStatusnot reportedData sources
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