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CRANLEIGH PARISH COUNCIL has floated a tender for Request for Proposal for Investment Management Service. The project location is United Kingdom and the tender is closing on 10 Mar 2023. The tender notice number is RFP0123, while the TOT Ref Number is 77785360. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : United Kingdom
Summary : Request for Proposal for Investment Management Service
Deadline : 10 Mar 2023
Other Information
Notice Type : Tender
TOT Ref.No.: 77785360
Document Ref. No. : RFP0123
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : GBP 5000
Purchaser's Detail
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Login to see detailsTender Details
Title : Request for Proposal for Investment Management Service
Location Of Contract : GU6 8AF
Industry : Deposit services - 66112000 Investment banking services and related services - 66120000 Portfolio management services - 66140000 Financial market operational services - 66151000 Financial consultancy services - 66171000
Value Of Contract : £1, 000 to £5, 000
Description : Cranleigh Parish Council has recently carried out a review of its Investment Strategy. It has changed the terms to reflect a need to address the issues of poor yield from short notice, low risk investments. Inflation is eroding the value of reserves and forcing the Council into a position whereby it cannot meet its commitment to the achieve sustainable Yield, which forms one of the three core pillars of public finance: the others being Security and Liquidity.We are now seeking an investment management business who can help us manage the Council's capital to offset the effects of the rising inflation. Scope of ServicesThe firm selected will be required to provide the following services:1. Investment of FundsThe firm must effectively invest the Cranleigh Parish Council's funds, providing discretionary investment management services, pursuant to the approved investment policy and cash flow needs.2. Written and Oral Repo...
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