Investment Services - University of Aberdeen

University of Aberdeen
Scotland
Open procedure
15 July 2026 to 19 June 2031

The contract covers investment advice and custodianship services for the University of Aberdeen and DT SCIO investment portfolios. The service requires ongoing portfolio management support, subject to annual performance reviews and mutual agreement for potential extensions.

Open the official notice

Awarded value: £2.1m; As published
Published: 3 March 2026
Awarded: 15 July 2026; Mercer
Contract length: 59 months; Ends 19 June 2031

What the contract covers

Service contract

Provision of professional investment advisory and asset custodianship services for university and charitable investment portfolios and endowment funds.

Investment advice and custodianship services of the University and DT SCIO investment Portfolios

Terms and requirements

Contract type: Service contract
Procedure: Open procedure
Initial term: 60 months
Extensions: 24 months + 24 months
Longest it can run: 108 months
Contract dates: 15 July 2026 to 19 June 2031
Certifications asked for: None stated
Lots: 1
Suitable for SMEs: Not stated
Category: Services
CPV codes: 66122000, 66171000

Services in this contract

Investment consultancy and independent investment adviceMain service£200k typicalInvestment advice for university portfolios
Custody services£359k typicalCustodianship of university investment portfolios

Lifecycle

Published
3 March 2026
Contract awardedto Mercer
15 July 2026
Contract starts
15 July 2026
Contract ends
19 June 2031

The buyer

University of Aberdeen

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Recorded value: Locked
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The supplier

Mercer

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Main buyers

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Cite this contract

Link: https://bidskim.com/tender/2028414/investment-services-university-of-aberdeen
Buyer reference: org-4
Open contracting ID: ocds-r6ebe6-0000825410
Last checked: 5 November 2026

University of Aberdeen. Investment Services - University of Aberdeen. Contract award, 3 March 2026. BidSkim, https://bidskim.com/tender/2028414/investment-services-university-of-aberdeen (accessed 5 November 2026).