Independent Investment Adviser Services
Estimated value
—
Awarded value
£201k
Suppliers
1
Lots
1
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.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Cost | — | cost | 60.00% |
| Quality | 1. 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% | quality | 40.00% |
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