Tenders are invited for Acquisition Of Financial Services For H meenlinna

Additional Information Acquisition Of Financial Services For H meenlinnaPortfolio Management ServicesShort Description This Invitation To Tender Applies To The Acquisition Of Financial Services In The City Of H meenlinna The Contracting Entity The Provider Gives Its Bid By Leaving Its Bidding Service Portal Services Under The AcquisitionThe City Of H meenlinna Asks For Offers From The Financial Managers Services To An Indefinitely Existing Contract The Life Cycle Of The Contract Is Designed To Be Between 7 And 10 Years Even If The Agreement Comes Into Force For The Time Being In Force The City Has The Right To Keep The Contract Valid For Shorter Or Longer Than That Of The 7 10 Years This Is A Full Performance Financial Agreement Including Storage Of Securities Issued To The Management The City Of H meenlinna Has Maintained Its Investment Assets Mainly From The Sale Of H meenlinnas Energy In 2001 The Market Value Of Investments On 31 December 2001 2020 Was Eur 116 Million This Wealth Will Handle 5 Different Main Managers With Five Different Portfolio As A Result Of The Municipalities 3 Other Portfolios Have Also Come To The City Of H meenlinna With A Combined Market Value Of Eur 3 4 Million The Aggregate Assets Of All H meenlinna City Portfolios Are Therefore Eur 119 4 Million The Goal Of H meenlinna Is That In The Future Financial Management Will Be Treated As A Whole Of The Three Portfolio The Transition To This Will Be Done Step By Step The First Step Is Intended To Move To Four Portfolio Models Approximately Eur 30 Million Portfolios Are Formed From The Four Remaining Full Credentials In This Competition The First Phase One 30 Million Mandate Is Competitive In The Second Stage Of 1 2 Years There Are Plans To Move From Four Portfolios To Three Changes In The First Phase Are Implemented In Two Waves In Autumn 2021 Small Briefcases And One Of The Main Sources In January 2022 One Of The Main Sources This Is Governed By The Accounting Capital Gain It Is Now A Bidding To Select A Fund Manager In One Of The Citys Portfolio The Agreement Will Enter Into Force In Autumn 2021 But Not Later Than 1 2 2022 The Agreement Is Currently In Force And Is Freely Terminated From The Side Of The Contracting Entity The Requirements For The Acquisition And Reporting Requirements Are Described In More Detail In Annex 1 Deadline For Submission 20210907 16 00Type Of Buyer Regional Or Local AuthorityType Of Contract ServicesType Of Procedure Open ProcedureRegulation European Union With Participation By Gpa CountriesType Of Bid Submission For All LotsAward Criteria The Most Economic Tender Disclaimer The Above Text Is Machine Translated For Accurate Information Kindly Refer The Original Document

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Global Tender Document	Tender Notice