Investment Fund Administration for Local Pensions Partnership 

Investment Fund Administration for Local Pensions Partnership

Local pensions partnership investments Ltd is inviting tenders for the provision of ‘Investment fund administration, Trustee and depositary services’.

United Kingdom-Preston: Financial and insurance services

2018/S 123-279658

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Local Pensions Partnership Investments Ltd
09835244
County Hall, Fishergate
Preston
PR1 8XJ
United Kingdom
Contact person: Stuart Brown
E-mail: stuart.brown@localpensionspartnership.org.uk
NUTS code: UKI
Internet address(es):Main address: http://www.localpensionspartnership.org.uk

I.2)Information about joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.contractsfinder.service.gov.uk/Notice/483e8421-1258-4975-b9bc-ca62c7519adb
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted to the abovementioned address

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Economic and financial affairs

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Provision of Investment Fund Administration, Trustee and Depositary Services_270618

Reference number: 270618

II.1.2)Main CPV code

66000000

II.1.3)Type of contract

Services

II.1.4)Short description:

Local pensions partnership investments Ltd (LPP I) is inviting tenders for the provision of ‘Investment fund administration, Trustee and depositary services’ for a Real estate fund which it will manage on behalf of its clients. LPP I wishes to establish a panel of specialist service providers, which it can approach to provide fund accounting, fund administration, transfer agency, trustee and depositary services for the Real estate fund and preferably other fund structures (holding both liquid and illiquid assets) which LPP I manages / operates on behalf of its clients.

Lots are comprised of:

— lot A Fund accounting and administration services,

— lot B Transfer agency services,

— lot C Trustee services,

— lot D Depositary services.

Please note, interested suppliers will not be at any disadvantage if they decide to bid on only one Lot. Equally, interested suppliers will not be at any disadvantage if they decide to bid on more than one Lot or bid on all four Lots.

II.1.5)Estimated total value

II.1.6)Information about lots

This contract is divided into lots: yes
Tenders may be submitted for all lots
The contracting authority reserves the right to award contracts combining the following lots or groups of lots:

— Lot A: Fund accounting and administration services;

— Lot B: Transfer agency services;

— Lot C: Trustee services;

— Lot D: Depositary services.

II.2)Description

II.2.1)Title:

Lot A: Fund accounting and administration services

Lot No: 1

II.2.2)Additional CPV code(s)

66000000

II.2.3)Place of performance

NUTS code: UKI

II.2.4)Description of the procurement:

Lot A: Fund accounting and administration services

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: 48
This contract is subject to renewal: yes
Description of renewals:

After 48 months.

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
II.2)Description

II.2.1)Title:

Lot B: Transfer agency services

Lot No: 2

II.2.2)Additional CPV code(s)

66000000

II.2.3)Place of performance

NUTS code: UKI

II.2.4)Description of the procurement:

Lot B: Transfer agency services

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: 48
This contract is subject to renewal: yes
Description of renewals:

After 48 months.

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
II.2)Description

II.2.1)Title:

Lot C: Trustee services

Lot No: 3

II.2.2)Additional CPV code(s)

66000000

II.2.3)Place of performance

NUTS code: UKI

II.2.4)Description of the procurement:

Lot C: Trustee services

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: 48
This contract is subject to renewal: yes
Description of renewals:

After 48 months.

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
II.2)Description

II.2.1)Title:

Lot D: Depositary services

Lot No: 4

II.2.2)Additional CPV code(s)

66000000

II.2.3)Place of performance

NUTS code: UKI

II.2.4)Description of the procurement:

Lot D: Depositary services

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: 48
This contract is subject to renewal: yes
Description of renewals:

After 48 months.

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
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: no
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: 27/07/2018
Local time: 18:00
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

Duration in months: 9 (from the date stated for receipt of tender)

IV.2.7)Conditions for opening of tenders

Date: 27/07/2018
Local time: 18:00

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:
VI.4)Procedures for review

VI.4.1)Review body

Local Pensions Partnership Limited
County Hall, Fishergate
Preston
PR1 8XJ
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:

27/06/2018