Independent Investment Adviser Services

London Borough of BromleycontractFind a TenderRef ocds-h6vhtk-05d819Procurement Act 2023SME suitableVCSE suitablepending
View buyer

Estimated value

Awarded value

£201k

Awarded 31 Dec 2025

Suppliers

1

1 SME

Lots

1

1 awarded

Published

09 Jan 2026

Description

The Adviser must produce quarterly analyses and recommendations for the Pensions Committee meetings, attend the Committee meetings in person to brief the Committee on performance. Recommendations will be related to changes in the investment asset allocations and other matters as detailed in the Service Description section below. The adviser will give an opinion on Bromley's investments in equities, bonds, property, and other asset classes at key dates, and support the committee in scrutinising investment managers' performance. Furthermore, the adviser will be expected to maintain and update Bromley's climate change annual report.

Scope

Reference
DN795842
Commercial tool
Standalone contract
Contract dates
31 Mar 2026 to 31 Mar 2032
CPV classifications
66131100
Contract locations
London, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Costcost60.00%
Quality1. Firm Overview & LGPS Experience 10% 2. Team Credentials & Specialist Knowledge 10% 3.1. Governance/Client Engagement & Conflicts of Interest (a) 10% 3.2. Governance/Client Engagement & Conflicts of Interest (b) 5% 4. Investment Beliefs & Strategy 15% 5.1. Asset Allocation & Risk Management (a) 9% 5.2. Asset Allocation & Risk Management (b) 6% 6.1. Pooling & Responsible Investment (a) 7% 6.2. Pooling & Responsible Investment (b) 3% 7.1. Performance Measurement & Monitoring (a) 5% 7.2. Performance Measurement & Monitoring (b) 5% 8. Innovation and Value for Money 15%quality40.00%

Participation

Conditions suppliers must meet to bid.

Please refer to the Invitation to Tender pack for the Conditions of Participation

Submission & procedure

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£201k

Award date

31 Dec 2025

Contract start

31 Mar 2026

Contract end

31 Mar 2032

Awarded to