Provision of Investment Services for the Official Solicitor
Buyer: Ministry of Justice
- Published
- 6 August 2025
- Estimated value
- £1,542,522
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 046386-2025
- Reference
- ocds-h6vhtk-04d5bf
- Official source
- Official source
Description
This notice relates to the award of a contract for the Provision of Investment Services for the Official Solicitor. The Official Solicitor acts as the administrator of estates and trustee of trusts of last resort, and holds real and personal property such as land, cash, and securities (e.g., stocks and shares). An estate is where the Official Solicitor has been appointed as executor of a deceased person’s will or as administrator of an estate of a person who has died without a will. An executor/administrator collects all the deceased’s assets and pays all of the debts before distributing what remains to the beneficiaries named in the will or, if there is no will, who is entitled by law to this. Where the Official Solicitor has been appointed to act as a trustee, she has a duty to invest the capital held to produce income to use or pay for the benefit of the beneficiaries of the trust. It is a legal responsibility of the Official Solicitor as Trustees to obtain professional investment advice when managing the assets.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Charles Stanley & Co. Ltd | — | — |
Official publications
- FTS · 046386-2025 · 6 August 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £1,542,522.
- Who is the buyer of this tender?
- The contracting authority is Ministry of Justice (United Kingdom).
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- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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