CONTRACT NOTICE – NATIONAL

1 Authority Details

1.1

Authority Name and Address

1.2

Address from which documentation may be obtained

1.3

Completed documents must be returned to:

2 Contract Details

2.1

Title

Investment Management of Endowment Funds

2.2

Description of the goods or services required

Provision of investments advisory and funds management services in respect of the Royal Welsh College of Music and Drama's endowment funds portfolio.The College holds an endowment fund of £2.2 million which has been established over a number of years for the purpose of providing long term benefits for specific student and College activities. It is also anticipated that the University of South Wales as part of the USW Group will be investing £0.8 million in addition with a potential for more.

The College now wishes to tender for the position of external investment manager for its endowment portfolio.

Full specification for the endowment funds provided in additional documents.

NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at http://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=79931.

2.3

Notice Coding and Classification

2.4

Total quantity or scope of tender

Approximately £3 million

3 Conditions for Participation

3.1

Minimum standards and qualification required

4 Administrative Information

4.1

Type of Procedure

Single stage

4.2

Reference number attributed to the notice by the contracting authority

Tender 1538

4.3

Time Limits

4.5

Language or languages in which tenders or requests to participate can be drawn up

4.6

Tender Submission Postbox

5 Other Information

5.1

Additional Information

The procurement documents are available for unrestricted and full direct access, free of charge at https://www.sell2wales.gov.wales

All requests for clarification or further information on the ITT or the College's requirement/s (referred to as RFI's) shall be made via the Sell2wales portal.

(WA Ref:79931)

Under the terms of this contract the successful supplier(s) will be required to deliver Community Benefits in support of the authority’s economic and social objectives. Accordingly, contract performance conditions may relate in particular to social and environmental considerations. The Community Benefits included in this contract are:

Working with local schools and colleges to provide performance opportunities to students.

Sponsoring student projects or competitions.

Sponsoring student performances.

The buyer considers that this contract is suitable for consortia bidding.

5.2

Additional Documentation

5.3

Publication date of this notice