Equity Investments Service for Kent County Council

Equity Investments Service for Kent County Council

To Supply, Purchase, Monitor and Manage Equity Investments in a portfolio of organisations.

United Kingdom-Maidstone: Business and management consultancy and related services

2017/S 192-393714

Contract notice

Services

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Kent County Council
County Hall
Maidstone
ME14 1XQ
United Kingdom
Contact person: Mr Paul Richardson
E-mail: Procurement.CLI@kent.gov.uk
NUTS code: UKJ4

Internet address(es):Main address: http://www.kent.gov.uk

Address of the buyer profile: http://www.kent.gov.uk

I.2)Joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.kentbusinessportal.org.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via: http://www.kentbusinessportal.org.uk

I.4)Type of the contracting authority

Regional or local authority

I.5)Main activity

General public services

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

SS17034 — Equity Investments.

Reference number: DN289068

II.1.2)Main CPV code

79400000 – AA01

II.1.3)Type of contract

Services

II.1.4)Short description:

This requirement is for an ‘Equity Investments’ service for Kent County Council in a Portfolio of Local Organisations.

This Tender is a re-Procurement for a Provider of an existing service, to Supply, Purchase, Monitor and Manage Equity Investments in a Portfolio of Organisations and deliver on going sustainable income from these investments.

This opportunity is being offered via an open procurement process, with a Selection and Award stage. Failure to achieve a ‘Pass’ will result in Exclusion from the process.

During this contract period it may be necessary to revise and vary aspects of this contract, for example: an expansion or reduction of the scope, practises, reporting, Legal requirements and funding aspects.

The contract is anticipated to commence upon the 27.11.2017 and will continue for a period of 3 years, made up of a 2 year initial period and an option for a 1 year extension.

II.1.5)Estimated total value

II.1.6)Information about lots

This contract is divided into lots: no
II.2)Description
II.2.1)Title:
II.2.2)Additional CPV code(s)

II.2.3)Place of performance

NUTS code: UKJ4

II.2.4)Description of the procurement:

This requirement is for an ‘Equity Investments’ service for Kent County Council in a Portfolio of Local Organisations.

This Tender is a re-Procurement for a Provider of an existing service, to Supply, Purchase, Monitor and Manage Equity Investments in a Portfolio of Organisations and deliver on going sustainable income from these investments.

This opportunity is being offered via an open procurement process, with a Selection and Award stage. The Selection stage, stage (1) will comprise of e.g. Mandatory, Discretionary, Financial, Capacity, Experience and Health & Safety Questions. Potential Providers may be rejected at this stage. Stage two (2) will be an Award stage, which will comprise of e.g. Capability, Technical Ability and Pricing questions.

During this contract period it may be necessary to revise and vary aspects of this contract, for example: an expansion or reduction of the scope, practises, reporting, Legal requirements and funding aspects.

The contract is anticipated to commence upon the 30th September 2017 and will continue for a period of 3 years, made up of a 2 year initial period and an option for a 1 year extension, unless terminated in accordance with the Terms and Conditions of Contract, as attached to the Tender document, on the Kent Business Portal.

Background

Kent County Council (the council) is the largest county council in England covering an area of 3 500 square kilometres. It has an annual expenditure of over 900 000 000 GBP on goods and services and a population of 1 300 000. The Council provides a wide range of personal and strategic services on behalf of its residents, operating in partnership with 12 district councils and 289 parish/town councils.

Further background and technical information can be found within the tender documentation.

Expression of Interest and Tender Process

Expressions of interest will only be accepted via the Kent Business Portal. In order to submit your interest in this opportunity please select the ‘Login and Express an Interest’ button located at the bottom of this page. Note that in order to successfully submit your interest you will first need to register for an account. After registration is complete and you’ve received your login details you should return to the advert for the opportunity and express your interest.

You will then be emailed an invitation to submit a tender. Further guidance regarding how to use this portal can be found attached to the bottom of this advert.

The Tender will remain open until: 2.11.2017 @ 10:00

Questions may be asked until: 16.10.2017

Final Clarification Questions will be answered by: 16:00 23.10.2017

Issue of Award Letters: 10.11.2017

Contract issued for signature: 20.11.2017

Questions and Communication

Please direct all questions and communication through the Kent Business Portal via the discussions facility. Further guidance can be can be found within the guide located at the bottom of this page.

Additional requirements:

— As part of the Tender response Tenderers will be required to demonstrate their ability to deliver a successful service to organisations with this requirement of the size and complexity of a County Council.

— A financial assessment will be completed by the Council as part of the Tender ‘Mandatory’ requirement.

— All documentation will be issued and returned electronically, including Contract documents.

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)Estimated value

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 36
This contract is subject to renewal: no

II.2.10)Information about variants

Variants will be accepted: yes

II.2.11)Information about options

Options: no
II.2.12)Information about electronic catalogues

II.2.13)Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
III.1.2)Economic and financial standing
III.1.3)Technical and professional ability
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular profession
III.2.2)Contract performance conditions:
III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description

IV.1.1)Type of procedure

Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: yes
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 02/11/2017
Local time: 10:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:

English
IV.2.6)Minimum time frame during which the tenderer must maintain the tender

IV.2.7)Conditions for opening of tenders

Date: 02/11/2017
Local time: 10:00

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no
VI.2)Information about electronic workflows

VI.3)Additional information:

All communications must be via the Discussion facility. Tenders will not be accepted by any other route that the ‘Kent Business Portal’

Terms and Conditions must be highlighted as accepted in the Tender Document. Clarifications can be posted via the Kent Business Portal, which may result in a variation, until the 14.9.2017.

VI.4)Procedures for review

VI.4.1)Review body

Kent County Council
Maidstone
United Kingdom
VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

03/10/2017

 

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