Appointment of Pension Fund Investment Manager
The Fund is looking to allocate approximately 100 000 000 GBP to unlisted infrastructure fund(s), equivalent to 2 % of the Fund assets (based on latest valuations).
United Kingdom-Chelmsford: Pension fund management services
2016/S 227-414290
Contract notice
Services
Directive 2004/18/EC
Section I: Contracting authority
I.1)Name, addresses and contact point(s)
Essex County Council
PO Box 11, County Hall
Contact point(s): Investment Research Team
CM1 1LX Chelmsford
United Kingdom
Telephone: +141 5667848
E-mail: Essex2016Infrasearch@hymans.co.uk
Internet address(es):
General address of the contracting authority: www.essexcc.gov.uk
Further information can be obtained from: Hymans Robertson LLP
20 Waterloo Street
For the attention of: Investment Research Team
G2 6DB Glasgow
United Kingdom
Telephone: +141 5667848
E-mail: Essex2016Infrasearch@hymans.co.uk
Internet address: www hymans.co.uk
Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: Hymans Robertson LLP
20 Waterloo Street
For the attention of: Investment Research Team
G2 6DB Glasgow
United Kingdom
Telephone: +141 5667848
E-mail: Essex2016Infrasearch@hymans.co.uk
Internet address: www.hymans.co.uk
Tenders or requests to participate must be sent to: Hymans Robertson LLP
20 Waterloo Street
For the attention of: Investment Research Team
G2 6DB Glasgow
United Kingdom
Telephone: +141 5667848
E-mail: Essex2016Infrasearch@hymans.co.uk
Internet address: www.hymans.co.uk
I.2)Type of the contracting authority
I.3)Main activity
I.4)Contract award on behalf of other contracting authorities
Section II: Object of the contract
II.1.1)Title attributed to the contract by the contracting authority:
II.1.2)Type of contract and location of works, place of delivery or of performance
Service category No 6: Financial services a) Insurances services b) Banking and investment services
NUTS code UKH33
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
II.1.5)Short description of the contract or purchase(s)
The Council reserves the right to alter the value of the funds awarded and this may change over time.
The Council reserves the right to alter the length of the contract.
II.1.6)Common procurement vocabulary (CPV)
66141000
II.1.7)Information about Government Procurement Agreement (GPA)
II.1.8)Lots
II.1.9)Information about variants
II.2.1)Total quantity or scope:
The Council reserves the right to alter the value of the funds awarded and this may change over time.
The Council reserves the right to alter the length of the contract.
II.2.2)Information about options
II.2.3)Information about renewals
Section III: Legal, economic, financial and technical information
III.1.4)Other particular conditions
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.3)Technical capacity
Providers should complete a Request for Proposal (RfP). Please contact Hymans Robertson LLP for a copy of the RfP. Contact details can be found in Annex A.
Minimum level(s) of standards possibly required:
Providers must be registered in terms of the UK Financial Services and Markets Act 2000, or equivalent law of European Economic Area (EEA) member state to manage the assets of occupational pension schemes. Providers must be able to comply with appropriate LGPS regulations.
III.3.1)Information about a particular profession
Reference to the relevant law, regulation or administrative provision: Providers must be registered under the terms of the UK Financial Services and Markets Act 2000 or equivalent law of European Economic Area (EEA) to manage the assets of occupational pension funds. See III 2.1) above.
III.3.2)Staff responsible for the execution of the service
Section IV: Procedure
IV.1.1)Type of procedure
IV.2.1)Award criteria
IV.2.2)Information about electronic auction
IV.3.2)Previous publication(s) concerning the same contract
IV.3.4)Time limit for receipt of tenders or requests to participate
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up
Section VI: Complementary information
VI.1)Information about recurrence
VI.2)Information about European Union funds
VI.4.2)Lodging of appeals
VI.5)Date of dispatch of this notice:
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