NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust)
Buyer Name: NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust)
Buyer Address: 4-5 Charnwood Court,, Cardiff, UKL22, CF14 3UZ, United Kingdom
Contact Name: Gracie Westlake
Contact Email: Gracie.westlake@wales.nhs.uk
Contact Telephone: +442921500801
Cardiff and Vale University Health Board is one of the largest and most complex healthcare organisations in Wales, serving a population of approximately 500,000 people living in Cardiff and the Vale of Glamorgan. As part of NHS Wales, the Health Board provides a full range of local and specialist health services, including primary care, community services, hospital-based acute care, and highly specialised tertiary services. The Charity exists to enhance the experience and well-being of patients, staff, and visitors by funding projects and initiatives that go beyond the scope of NHS funding. The Health Charity manages over 300 individual funds supporting equipment, research, treatment, and patient care, enabling donations to be directed to specific areas and projects that reflect donors' wishes. This structure ensures that charitable contributions are used effectively to support work and services that are over and above what core NHS funding provides. This includes investment in medical equipment, staff training and development, research, patient comforts, and the improvement of hospital and healthcare environments. Cardiff & Vale University Health Board Charity is seeking to partner with a contractor to provide Investment Management Services. The charity will utilise professional investment managers to support the active implementation of its investment policy. The Charity's assets are held in financial investments (shares, equity instruments, and cash), in line with ethical restrictions and the risk profile of the Charity. The Charity's current portfolio risk is appropriate for our medium risk tolerance approach. This risk is consistent with holdings of between 45 - 65% equities. The Charity's objective is balanced, aiming to generate both capital growth and income. It is the responsibility of the appointed investment manager to ensure that the portfolio is invested and maintained in accordance with the requirements set out in the Charity's Investment Policy Statement. The Charity's financial assets should be managed to yield the strongest possible financial return within the level of risk considered to be acceptable. The return will be utilised to support the Charity's aims and objectives. In terms of the current portfolio, the Charity's investment portfolio had a market value of £5.452 million as of 30th September 2025 and the portfolio is broken down over various sectors. The appointed provider will be required to manage the Charity's funds in full compliance with the Charity Commission's guidance and legal obligations applicable to NHS Charities. Current restrictions and requirements related to ethical and sector-based exclusions are outlined in the Charity's approved Investment Strategy
External Link: https://www.find-tender.service.gov.uk/Notice/071797-2025
Link Description: Tender notice on Find a Tender
Lot 1 Status: active
Lot 1 Value: GBP 141,900
Lot 1 Value (Gross): GBP 170,280
Lot 1 Contract Start: 2026-01-26T00:00:00+00:00
Lot 1 Contract End: 2029-01-25T23:59:59+00:00
Lot 1 Award Criterion (quality): Technical (30%)
Lot 1 Award Criterion (price): Commercial (70%)
Document Description: Invitation to tender, bidder response forms are attached to ITT
Document Description: Specification of requirements
Document Description: Tender notice on Find a Tender
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"name": "NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust)"
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"date": "2025-11-06T16:55:56Z",
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"description": "Cardiff and Vale University Health Board is one of the largest and most complex\nhealthcare organisations in Wales, serving a population of approximately 500,000 people\nliving in Cardiff and the Vale of Glamorgan. As part of NHS Wales, the Health Board\nprovides a full range of local and specialist health services, including primary care,\ncommunity services, hospital-based acute care, and highly specialised tertiary services.\nThe Charity exists to enhance the experience and well-being of patients, staff, and visitors\nby funding projects and initiatives that go beyond the scope of NHS funding. The Health\nCharity manages over 300 individual funds supporting equipment, research, treatment,\nand patient care, enabling donations to be directed to specific areas and projects that\nreflect donors\u0027 wishes. This structure ensures that charitable contributions are used\neffectively to support work and services that are over and above what core NHS funding\nprovides. This includes investment in medical equipment, staff training and development,\nresearch, patient comforts, and the improvement of hospital and healthcare environments.\nCardiff \u0026 Vale University Health Board Charity is seeking to partner with a contractor to\nprovide Investment Management Services. The charity will utilise professional investment\nmanagers to support the active implementation of its investment policy. The Charity\u0027s assets are held in financial investments (shares, equity instruments, and cash), in line with\nethical restrictions and the risk profile of the Charity. The Charity\u0027s current portfolio risk is\nappropriate for our medium risk tolerance approach. This risk is consistent with holdings\nof between 45 - 65% equities. The Charity\u0027s objective is balanced, aiming to generate\nboth capital growth and income.\nIt is the responsibility of the appointed investment manager to ensure that the portfolio is\ninvested and maintained in accordance with the requirements set out in the Charity\u0027s\nInvestment Policy Statement. The Charity\u0027s financial assets should be managed to yield\nthe strongest possible financial return within the level of risk considered to be acceptable.\nThe return will be utilised to support the Charity\u0027s aims and objectives.\nIn terms of the current portfolio, the Charity\u0027s investment portfolio had a market value of\n\u00a35.452 million as of 30th September 2025 and the portfolio is broken down over various\nsectors. The appointed provider will be required to manage the Charity\u0027s funds in full\ncompliance with the Charity Commission\u0027s guidance and legal obligations applicable to\nNHS Charities. Current restrictions and requirements related to ethical and sector-based\nexclusions are outlined in the Charity\u0027s approved Investment Strategy",
"documents": [
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"url": "https://www.sell2wales.gov.wales/Assets/NoticeBuilder_FileDownload.aspx?id=351009"
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"id": "L-3",
"url": "https://www.sell2wales.gov.wales/Assets/NoticeBuilder_FileDownload.aspx?id=351010"
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"datePublished": "2025-11-06T16:55:56Z",
"description": "Tender notice on Find a Tender",
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"id": "071797-2025",
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"legalBasis": {
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"contractPeriod": {
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"startDate": "2026-01-26T00:00:00+00:00"
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"description": "PRE- TENDER REQUIREMENTS \nInvestment Management Services \u2013 Pass/Fail Qualification Questions\nAll responses to the qualification/selection questions will be evaluated based on the information provided in response to each of the questions. Responses to all questions will be evaluated based on the scoring methodology as described in the notes to each question. \nThe scoring methodology applied is as follows: \nAcceptable/Pass - Service Provider is likely to be able to meet the needs of the Health Board. Demonstration by the Service Provider of the relevant ability, understanding, experience, skills, and resource \u0026 quality measures required to provide the services, with evidence to support the response.\nUnacceptable/Fail - Service Provider will not be able to meet the needs of the Health Board. Does not comply and/or insufficient information provided to demonstrate that the Service Provider has the relevant ability, understanding, experience, skills, resource \u0026 quality measures required to provide the services, with little or no evidence to support the response.\nOnly those bids which pass each of the questions within the qualification envelope will have their bid considered further. "
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"status": "active",
"value": {
"amount": 141900,
"amountGross": 170280,
"currency": "GBP"
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