Tender for Investment Advice Services – Aberdeen

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

2019/S 027-060207

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

University of Aberdeen
University Office, King’s College
Aberdeen
AB24 3FX
United Kingdom
E-mail: e-sourcing@abdn.ac.uk
NUTS code: UKM50
I.2)Information about joint procurement

I.3)Communication

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

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Education

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Investment Services — University of Aberdeen

Reference number: AU18/65

II.1.2)Main CPV code

66122000

II.1.3)Type of contract

Services

II.1.4)Short description:

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.1.5)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)

66122000

II.2.3)Place of performance

NUTS code: UKM50

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.2.5)Award criteria

Criteria below
Quality criterion – Name: Understanding of the University of Aberdeen and the wider University Sector / Weighting: 10
Quality criterion – Name: Service Delivery and Quality Management / Weighting: 35
Quality criterion – Name: Key Personnel / Weighting: 22
Quality criterion – Name: Security / Weighting: 2
Quality criterion – Name: Future Proofing and Legislative Requirements / Weighting: 2
Quality criterion – Name: Sustainable Procurement / Weighting: 2
Quality criterion – Name: Business Continuity / Weighting: 2
Price – Weighting: 25
II.2.6)Estimated value

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

Duration in months: 60
This contract is subject to renewal: yes
Description of renewals:

2 x optional extensions of one year each

II.2.10)Information about variants

Variants will be accepted: no

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

Minimum level(s) of standards possibly required:

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.

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: 08/03/2019
Local time: 12:00
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: 08/03/2019
Local time: 12:00

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about electronic workflows

Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used

VI.3)Additional information:

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

(SC Ref:572436)

VI.4)Procedures for review

VI.4.1)Review body

University of Aberdeen
University Office, King’s College
Aberdeen
AB24 3FX
United Kingdom
Telephone: +44 1224274467Internet address: http://www.abdn.ac.uk/procurement
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:

04/02/2019

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