Awarded contract

Independent Investment Adviser Services

Details

Supplier(s)
APEX INVESTMENT ADVISERS LIMITED
Value
£201,000
Duration
6 years
Topic
Pension investment services
Published
9 January 2026

Tender 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. ## Contract award

Timeline

  1. Completed: Award date31 December 2025
  2. Completed: Award published9 January 2026
    Current notice
  3. Next: Contract expiry date31 March 2032in 5 years

About the buyer

London Borough of Bromley buys as a local authority, with its own procurement team based at the Civic Centre. The council's contract procedure rules set out how procurement is carried out for different types of contract. Procurement decisions aim for value for money through competition between suppliers.

Over the past 5 years, most of London Borough of Bromley's contract awards have been in construction work, software and information systems and health and social work.

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