Tender for Investment Advice Services – Aberdeen
The University of Aberdeen wishes to appoint a company to provide investment advice services.
United Kingdom-Aberdeen: Corporate finance and venture capital services
Section I: Contracting authority
I.1)Name and addresses
University Office, King’s College
NUTS code: UKM50
Address of the buyer profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00102
I.4)Type of the contracting authority
Section II: Object
Investment Services — University of Aberdeen
II.1.2)Main CPV code
II.1.3)Type of contract
The University of Aberdeen wishes to appoint a Company to provide Investment Advice Services in the management of portfolios consisting of the University Endowment, The Development Trust and Northern College at the instruction of the University’s Investment Committee.
II.1.6)Information about lots
II.2.2)Additional CPV code(s)
II.2.3)Place of performance
II.2.4)Description of the procurement:
The University of Aberdeen wishes to appoint a company to provide investment advice services in the management of portfolios consisting of the University Endowment, The development trust and Northern College at the instruction of the University’s Investment Committee. The successful bidder must be able to develop investment strategies, engage with external fund managers and produce reports and papers to stimulate debate amongst the Committee.
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
2 x optional extensions of one year each
II.2.10)Information about variants
II.2.11)Information about options
II.2.13)Information about European Union funds
Section III: Legal, economic, financial and technical information
III.1.2)Economic and financial standing
ESPD Question 4B1.1 (Minimum standards) Turnover should be up to twice the estimated contract value over the past 2 financial years. However, the client reserves the right to review and consider all supporting financial information in this regards.
Please refer to question within 4B.5 of the ESPD and Economic and financial standing section of the Contract Notice.
Bidders must confirm they can provide the following supporting evidence prior to award:
— employer’s (compulsory) liability insurance = 5 000 000 GBP,
— public liability insurance = 5 000 000 GBP,
— professional liability insurance = 2 000 000 GBP.
Please refer to question within 4B.6 of the ESPD and economic and financial standing section of the Contract Notice.
The successful Contractor will be required to provide 2 years audited accounts, or equivalent if awarded the contract.
Section IV: Procedure
IV.1.1)Type of procedure
IV.1.8)Information about the Government Procurement Agreement (GPA)
IV.2.2)Time limit for receipt of tenders or requests to participate
IV.2.4)Languages in which tenders or requests to participate may be submitted:
IV.2.7)Conditions for opening of tenders
Section VI: Complementary information
VI.1)Information about recurrence
VI.2)Information about electronic workflows
The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 12856. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343
University Office, King’s College
Telephone: +44 1224274467Internet address: http://www.abdn.ac.uk/procurement
VI.5)Date of dispatch of this notice: