Appointment of a Pension Fund Investment Manager

Appointment of a Pension Fund Investment Manager

A collaboration of the Welsh LGPS Administering Authorities, is seeking to appoint a Pension Fund Investment Manager.

United Kingdom-Mold: Pension fund management services

2016/S 021-033330

Contract notice

Services

Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

Flintshire County Council in collaboration with the other Welsh LGPS Administering Authorities
Corporate Services, County Hall, Flintshire
Contact point(s): Finance division
For the attention of: Philip Latham
CH7 6NA Mold
UNITED KINGDOM
Telephone: +44 1179485032
E-mail: philip_latham@flintshire.gov.uk

Further information can be obtained from: Aon Hewitt
25 Marsh Street
For the attention of: Toby Jones
BS1 4AQ Bristol
UNITED KINGDOM
Telephone: +44 1179485032
E-mail: toby.jones@aonhewitt.com

Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: Aon Hewitt
25 Marsh Street
For the attention of: Toby Jones
BS1 4AQ Bristol
UNITED KINGDOM
Telephone: +44 1179485032
E-mail: toby.jones@aonhewitt.com

Tenders or requests to participate must be sent to: Aon Hewitt
25 Marsh Street
For the attention of: Toby Jones
BS1 4AQ Bristol
UNITED KINGDOM
Telephone: +44 1179485032
E-mail: toby.jones@aonhewitt.com

I.2)Type of the contracting authority

Regional or local authority

I.3)Main activity

General public services

I.4)Contract award on behalf of other contracting authorities

The contracting authority is purchasing on behalf of other contracting authorities: yes

City of Cardiff Council
County Hall, Atlantic Wharf
CF10 4UW Cardiff
UNITED KINGDOM

Rhondda-Cynon-Taff County Borough Council
The Pavillions, Clydach Vale
CF40 2XX Tonypandy
UNITED KINGDOM

Powys County Council
Powys County Hall, Spa Road East, Llandrindod Wells
LD1 5LG Powys
UNITED KINGDOM

Gwynedd Council
Shirehall Street
LL55 1SH Caernarfon
UNITED KINGDOM

Carmarthenshire County Council
County Hall, Carmarthenshire
SA31 1JP Carmarthen
UNITED KINGDOM

Torfaen County Borough Council
Civic Centre
NP4 6YB Pontypool
UNITED KINGDOM

City & County of Swansea
Oystermouth Rd
SA1 3SN Swansea
UNITED KINGDOM

Section II: Object of the contract

II.1)Description

II.1.1)Title attributed to the contract by the contracting authority:

Appointment of a Pension Fund Investment Manager (Passive).

II.1.2)Type of contract and location of works, place of delivery or of performance

Services
Service category No 6: Financial services a) Insurances services b) Banking and investment services
NUTS code

II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)

The notice involves a public contract
II.1.4)Information on framework agreement

II.1.5)Short description of the contract or purchase(s)

A collaboration of the Welsh LGPS Administering Authorities, is seeking to appoint a Pension Fund Investment Manager to manage their passive equity and bond mandates.

II.1.6)Common procurement vocabulary (CPV)

66141000

II.1.7)Information about Government Procurement Agreement (GPA)

The contract is covered by the Government Procurement Agreement (GPA): no

II.1.8)Lots

This contract is divided into lots: no

II.1.9)Information about variants

Variants will be accepted: no
II.2)Quantity or scope of the contract

II.2.1)Total quantity or scope:

The mandate size may vary, but the expected initial mandate size is approximately 2 600 000 000 GBP.

II.2.2)Information about options

Options: no

II.2.3)Information about renewals

This contract is subject to renewal: no
II.3)Duration of the contract or time limit for completion

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract

III.1.1)Deposits and guarantees required:

See tender documentation.

III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:

See tender documentation.

III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:

See tender documentation.
III.1.4)Other particular conditions
III.2)Conditions for participation

III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers

Information and formalities necessary for evaluating if the requirements are met: Service providers wishing to be considered for inclusion in the tender process must first complete and return an Invitation To Tender (ITT) by the date in paragraph IV.3.4). This can be obtained on request from the collaboration’s Investment Advisor, Aon Hewitt. Following this stage, selected providers will be invited to initial interview and presentation.

III.2.2)Economic and financial ability

Information and formalities necessary for evaluating if the requirements are met: See III.2.1) above.

III.2.3)Technical capacity

Information and formalities necessary for evaluating if the requirements are met:
See III.2.1) above.
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts

III.3.1)Information about a particular profession

Execution of the service is reserved to a particular profession: yes
Reference to the relevant law, regulation or administrative provision: See III.2.1) above.

III.3.2)Staff responsible for the execution of the service

Legal persons should indicate the names and professional qualifications of the staff responsible for the execution of the service: yes

Section IV: Procedure

IV.1)Type of procedure

IV.1.1)Type of procedure

Open
IV.1.2)Limitations on the number of operators who will be invited to tender or to participate
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2)Award criteria

IV.2.1)Award criteria

The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document

IV.2.2)Information about electronic auction

An electronic auction will be used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority:

IV.3.2)Previous publication(s) concerning the same contract

no

IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document

Payable documents: no

IV.3.4)Time limit for receipt of tenders or requests to participate

4.3.2016 – 13:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates

IV.3.6)Language(s) in which tenders or requests to participate may be drawn up

English.
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
IV.3.8)Conditions for opening of tenders

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about European Union funds

The contract is related to a project and/or programme financed by European Union funds: no
VI.3)Additional information
VI.4)Procedures for appeal

VI.4.1)Body responsible for appeal procedures

See VI.4.2)

Body responsible for mediation procedures

See VI.4.2)

VI.4.2)Lodging of appeals

Precise information on deadline(s) for lodging appeals: The Contracting Authorities will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the contracting authorities before the contract is entered into. Additional information should be requested from the contact in Section 1.1. If an appeal regarding the award of a contract has not been successfully resolved, the Public Contracts Regulations 2006 (S1 2006 No 5) provide for aggrieved parties who EN Standard form 02 — Contract notice 11 / 15 have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England and Wales).

VI.4.3)Service from which information about the lodging of appeals may be obtained

See VI.4.2)

VI.5)Date of dispatch of this notice:

28.1.2016

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