Norfolk County Council Investment Consultancy Services Framework

A Multi-Provider Framework Agreement for the Provision of Investment Consultancy Services.

United Kingdom-Norwich: Pension investment services

2017/S 136-279225

Contract notice

Services

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Norfolk County Council
Martineau Lane
Norwich
NR1 2DH
United Kingdom
Contact person: Julie Ward
E-mail: sourcingteam@norfolk.gov.uk
NUTS code: UKInternet address(es):Main address: www.norfolk.gov.uk

Address of the buyer profile: https://in-tendhost.co.uk/norfolkcc/aspx/Home

I.2)Joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://in-tendhost.co.uk/norfolkcc/aspx/Home

Additional information can be obtained from the abovementioned address

Tenders or requests to participate must be submitted electronically via: https://in-tendhost.co.uk/norfolkcc/aspx/Home

Tenders or requests to participate must be submitted to the abovementioned address

I.4)Type of the contracting authority

Regional or local authority

I.5)Main activity

General public services

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

A Multi-Provider Framework Agreement for the Provision of Investment Consultancy Services.

Reference number: NCCT41358

II.1.2)Main CPV code

66131100

II.1.3)Type of contract

Services

II.1.4)Short description:

Norfolk County Council, on its own behalf and on behalf of Cheshire Pension Fund, the Environment Agency Pension Fund, London Borough of Hackney, London Borough of Tower Hamlets, Merseyside Pension Fund, Cambridgeshire, Northamptonshire and West Sussex County Councils wishes to let a multi-provider framework agreement for the provision of Investment Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS).

II.1.5)Estimated total value

Value excluding VAT: 100 000 000.00 GBP

II.1.6)Information about lots

This contract is divided into lots: yes

Tenders may be submitted for all lots

II.2)Description

II.2.1)Title:

Investment Consultancy Services

Lot No: 1

II.2.2)Additional CPV code(s)

66131100

66523000

II.2.3)Place of performance

NUTS code: UK

II.2.4)Description of the procurement:

To provide a wide range of advisory services in relation to investment management support services. Maximum of 8 providers to be appointed to Lot 1 of the Framework Agreement.

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: no

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

The Framework agreement will be in place for a period of 4 years. Contracting Authorities and other bodies as set out in the OJEU/Contract Notice will be able to let contracts under the framework for up to 7 years (5 years with a maximum 2 year extension).

II.2)Description

II.2.1)Title:

Manager Search/Selection/Monitoring and Review Services

Lot No: 2

II.2.2)Additional CPV code(s)

66131100

66520000

66522000

75320000

66141000

II.2.3)Place of performance

NUTS code: UK

II.2.4)Description of the procurement:

To provide a wide range of advisory services in relation to the appointment of investment management support services. A maximum of 10 providers to be appointed to Lot 2 of the Framework Agreement.

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

Start: 09/10/2017

End: 08/10/2021

This contract is subject to renewal: no

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:

Investment Management Consultancy-related specialist project services

Lot No: 3

II.2.2)Additional CPV code(s)

66131100

66520000

66522000

75320000

66523000

II.2.3)Place of performance

NUTS code: UK

II.2.4)Description of the procurement:

To undertake a wide range of discrete pieces of specialist, investment-related work. Maximum of 20 providers to be appointed to lot 3 of the Framework Agreement.

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

Start: 09/10/2017

End: 08/10/2021

This contract is subject to renewal: no

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

List and brief description of conditions:

As described in the Invitation to Tender and associated documents.

III.1.2)Economic and financial standing

Selection criteria as stated in the procurement documents

III.1.3)Technical and professional ability

Selection criteria as stated in the procurement documents

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

The procurement involves the establishment of a framework agreement

Framework agreement with several operators

Envisaged maximum number of participants to the framework agreement: 38

In the case of framework agreements, provide justification for any duration exceeding 4 years: N/A.

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

Notice number in the OJ S: 2017/S 106-212476

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 16/08/2017

Local time: 14:00

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: 3 (from the date stated for receipt of tender)

IV.2.7)Conditions for opening of tenders

Date: 16/08/2017

Local time: 14:05

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:

The framework agreement is being let by Norfolk County Council as the contracting authority, and can be used by:

— Norfolk County Council and its agents;

— Any successor body to the Council including any company formed by the Council to carry out its Norfolk Pension Fund functions;

— Any organisation the Council outsources its Norfolk Pension Fund requirements to;

— Any public body with which the Council enters into pooling arrangements for the provision of its Norfolk Pension Fund services.

The Council is working closely with the following authorities, who have expressed an intention to procure services under the framework (including itself):

Cambridgeshire, Northamptonshire and West Sussex County Council, Cheshire Pension Fund, the Environment Agency Pension Fund, London Boroughs of Hackney and Tower Hamlets and Merseyside Pension Fund.

This framework may also be used by:

— any LGPS administering authorities and any of their participating employing authorities as defined in the Local Government Pension Scheme Regulations 2013 SI2013 No 2356 (as amended) and the Local Government Pension Scheme (Administration) (Scotland) Regulations 2008 as amended by SSI 2011/349;

— the Committee (the NILGOSC) and employing authorities as defined in the Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009 / SRNI 2009/33;

— the Board of the Pension Protection Fund http://www.pensionprotectionfund.org.uk;

— any other administering authority or organisation of a public sector pension scheme or any public sector body that requires pensions related services; and

— any Common Asset Pool or Collective Investment Vehicle established by or on behalf of an administering authority or group of administering authorities; any Local Government Pension Fund(s) or groups of Pension Funds; or any bodies, organisations or companies established by them for the purpose of operating on a collective basis.

No Guarantee of business is given.

This procurement has been split into 3 Lots, providers may bid for any or all lots.

Lot 1 — Investment Consultancy Services;

Lot 2 — Manager Search/Selection/Monitoring and Review Services;

Lot 3 — Investment-related project services.

VI.4)Procedures for review

VI.4.1)Review body

Norfolk County Council
Martineau Lane
Norwich
NR1 2DH
United Kingdom
E-mail: sourcingteam@norfolk.gov.ukInternet address:www.norfolk.gov.uk

VI.4.2)Body responsible for mediation procedures

VI.4.3)Review procedure

Precise information on deadline(s) for review procedures:

The Public Contracts Regulations 2015 (as amended) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern EN Standard form 02 — Contract notice 12 / 19 Ireland). Proceedings must be brought within 30 days from the date of knowledge (the date on which the economic operator first knew or ought to have known that grounds for starting the proceedings had arisen) unless the Court considers that there is good reason for extending the period within which proceedings may be brought, in which case the Court may extend that period up to a maximum of 3 months from the date of knowledge.

VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

17/07/2017

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