Financial and insurance services | Tenderlake

Financial and insurance services

Contract Value:
EUR 300K - 300K
Notice Type:
Contract Notice
Published Date:
12 November 2021
Closing Date:
09 December 2021
Location(s):
FI1D7 Lappi (FI Finland/SUOMI / FINLAND)
Description:
Services of the investment wealth manager of the municipality of Enontekiö

The Municipality of Enontekiö requests your offer for investment wealth management. Competition concerns

- the making of the municipal investment plan and

- management of the portfolio of investments.

The municipality of Enontekiö has investment assets of approximately EUR 7 million.

Competition asks for bids that are drawn based on price (50%) and quality (50%). The choice will be made on the basis of the most economically advantageous offer and qualitative assessment.

If necessary, the municipality has the right to reject any offer it has received.

On 9 May 2021, the Municipal Council of Enontekiö has adopted a decision on the grounds of municipal wealth management and investment activities.

The municipal government ensures that the municipal funds are carefully kept and invested in a safeguarding and productive manner for the municipality. In addition to this, the municipal government ensures that the wealth is managed in accordance with the objectives, risk carrying capacity and sustainable principles of the municipality.

The municipal government is responsible for investment plan, performance targets, investment targets, investment control and investment portfolio management outsourcing (asset management contract), as well as other matters related to investment activities.

It is possible to use an external advisor in the event of competition to ensure independence of decisions.

The Municipality of Enontekiö requests your offer for investment wealth management. Competition concerns

- the making of the municipal investment plan and

- management of the portfolio of investments.

The municipality of Enontekiö has investment assets of approximately EUR 7 million.

Competition will be asked for bids drawn on the basis of price (50%) and quality (50%). The choice will be made on the basis of the most economically advantageous offer and qualitative assessment.

If necessary, the municipality has the right to reject any offer it has received.

On 9 May 2021, the Municipal Council of Enontekiö has adopted a decision on the grounds of municipal wealth management and investment activities.

The municipal government ensures that the municipal funds are carefully kept and invested in a safeguarding and productive manner for the municipality. In addition to this, the municipal government ensures that the wealth is managed in accordance with the objectives, risk carrying capacity and sustainable principles of the municipality.

The municipal government is responsible for investment plan, performance targets, investment targets, investment control and investment portfolio management outsourcing (asset management contract), as well as other matters related to investment activities.

It is possible to use an external advisor in the event of competition to ensure independence of decisions.

Download full details as .pdf
The Buyer:
Enontekiön kunta
CPV Code(s):
66000000 - Financial and insurance services