Fund Managers Service For the Scottish Government

Fund Managers Service For the Scottish Government

Seeking to competitively select up to 6 organisations to become fund managers.

United Kingdom-Glasgow: Financial consultancy, financial transaction processing and clearing-house services

2016/S 003-002901

Contract notice

Services

Directive 2004/18/EC

Section I: Contracting authority

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

Scottish Government
5 Atlantic Quay, 150 Broomielaw
For the attention of: Paul Packett
G2 8LU Glasgow
UNITED KINGDOM
Telephone: +44 1412425678

Internet address(es):

General address of the contracting authority: http://www.scotland.gov.uk

Address of the buyer profile: http://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA10482

Electronic access to information: www.publictendersscotland.publiccontractsscotland.gov.uk

Electronic submission of tenders and requests to participate: www.publictendersscotland.publiccontractsscotland.gov.uk

Further information can be obtained from: The above mentioned contact point(s)

Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)

Tenders or requests to participate must be sent to: The above mentioned contact point(s)

I.2)Type of the contracting authority

Ministry or any other national or federal authority, including their regional or local sub-divisions

I.3)Main activity

General public services
Economic and financial affairs
Other: fund management

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

The contracting authority is purchasing on behalf of other contracting authorities: no

Section II: Object of the contract

II.1)Description

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

Fund Managers Service For the Scottish Government.

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
Main site or location of works, place of delivery or of performance: Glasgow.

NUTS code UKM

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

The notice involves the establishment of a framework agreement

II.1.4)Information on framework agreement

Framework agreement with several operators
maximum number of participants to the framework agreement envisaged: 6

Duration of the framework agreement

Duration in months: 30

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

This Pre-Qualification Questionnaire is for the provision of a Fund Managers Service to The Scottish Government. Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least 1 fund manager for micro-finance, at least 1 for debt, and at least 1 for early stage equity.
The responses to this questionnaire will be used to select 12 potential suppliers that will be taken to the Invitation to Tender stage of this 2-stage process.
Objective.
The key objective of this Contract Agreement is to consistently deliver a service that:
— meets agreed quality standards;
— delivers value for money;
— meets a wide range of customer requirement;
— supports ministerial policies relating to access to Finance;
— consistently delivers ‘best practice’ in relation to Financial Fund Management;
— delivers continuous improvement throughout the term of the Contract Agreement;
— provides a flexible service in response to the changing requirements of the Scottish Government;
— has a track record in both terms of Investment and Portfolio Management;
— is open and transparent;
— is innovative;
— is commercially aware;
— addresses market failures and focuses on addressing gaps in the provision of finance to SMEs with growth and export potential;
— achieves an overall leverage target of 4 GBP per 1 GBP grant from the SME Holding Fund;
— achieve the SME Holding fund’s target of at least 1950 jobs in the third to fifth year following investments.
Note: the buyer is using PCS-Tender to carry out this procurement process. Please note this is a separate website and if you are not already registered, registration will be required.

To access PCS-Tender, record your interest in this notice and access the tender documentation please visithttps://www.publictendersscotland.publiccontractsscotland.gov.uk and search for project Code 5348 under PQQs Open to All Suppliers. Please use the Search/Filter function, then select Project Code from the drop-down. Please note that once you have expressed interest in the PQQ it will move to your My PQQs area.

For further information on using PCS-Tender, please read the Supplier Response Guide:https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/supplierhelppage/PCS-TSupplierResponseGuide.pdf

If you have already registered on Public Contracts Scotland and PCS-Tender and paired your accounts you can access PCS-Tender through your Public Contracts Scotland Control Panel.

II.1.6)Common procurement vocabulary (CPV)

66170000, 79412000, 66171000

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

The contract is covered by the Government Procurement Agreement (GPA): yes

II.1.8)Lots

This contract is divided into lots: yes
Tenders may be submitted for one or more lots

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:

This Pre-Qualification Questionnaire is for the provision of a Fund Manager Service to The Scottish Government. Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least one fund manager for micro-finance, at least o1 for debt, and at least 1 for early stage equity.
The responses to this questionnaire will be used to select the 12 highest scored suppliers which will be taken to the Invitation to Tender stage of this 2-stage process.

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

Information about lots

Lot No: 1 Lot title: Fund Manager for Micro-finance

1)Short description

Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least one fund manager for micro-finance.

2)Common procurement vocabulary (CPV)

66122000, 66171000, 79412000, 66170000

3)Quantity or scope

Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least 1 fund manager for micro-finance.
4)Indication about different date for duration of contract or starting/completion
5)Additional information about lots

Lot No: 2 Lot title: Fund Manager for Debt

1)Short description

Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least 1 fund manager for Debt.

2)Common procurement vocabulary (CPV)

66122000, 66171000, 79412000, 66170000

3)Quantity or scope

Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least 1 fund manager for Debt.
4)Indication about different date for duration of contract or starting/completion
5)Additional information about lots

Lot No: 3 Lot title: Fund Manager Early Satge Equity

1)Short description

Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least 1 fund manager early stage equity.

2)Common procurement vocabulary (CPV)

66122000, 66171000, 79412000, 66170000

3)Quantity or scope

Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least 1 fund manager early stage equity.
4)Indication about different date for duration of contract or starting/completion
5)Additional information about lots

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:

III.1.4)Other particular conditions

The performance of the contract is subject to particular conditions: no
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: All requirements to be included in the Pre Qualification Questionnaire and subsequent tender documentation.

III.2.2)Economic and financial ability

Information and formalities necessary for evaluating if the requirements are met: All requirements to be included in the Pre Qualification Questionnaire and subsequent tender documentation.

III.2.3)Technical capacity

Information and formalities necessary for evaluating if the requirements are met:
All requirements to be included in the Pre Qualification Questionnaire and subsequent tender documentation.
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts
III.3.1)Information about a particular profession

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

Restricted

IV.1.2)Limitations on the number of operators who will be invited to tender or to participate

Envisaged minimum number 12: and maximum number 12
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
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document

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

4.2.2016 – 12:00

IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates

21.3.2016

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
VI.2)Information about European Union funds

VI.3)Additional information

A ‘Meet the Government’ event specific to this requirement is being held at the Europa Building, 450 Argyle Street, Glasgow G2 8LG from 10:00 until 12:00 on Friday 15.1.2016. Please confirm your intention to attend the event by emailing john.gillan@gov.scot no later than Tuesday 12.1.2016. Spaces will be limited to 2 people per organisation.

All question and responses raised at this even will be posted on the PCS-T message portal.
(SC Ref:425590).

VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures
VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained

VI.5)Date of dispatch of this notice:

5.1.2016

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