Pension Fund Management Services – West Sussex County Council
WSCC SP Contract for the Provision of Investment Management Services for a West Sussex Pension Fund Balanced Mandate.
United Kingdom-Chichester: Pension fund management services
Section I: Contracting authority
I.1)Name, addresses and contact point(s)
West Sussex County Council
County Hall, West Street
For the attention of: Sam Pickford
PO19 1RG Chichester
Telephone: +44 3302226954
General address of the contracting authority: https://in-tendhost.co.uk/sesharedservices/aspx/Home
Address of the buyer profile: http://www.westsussex.gov.uk/default.aspx
Further information can be obtained from: The above mentioned contact point(s)
Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)
Tenders or requests to participate must be sent to: The above mentioned contact point(s)
I.2)Type of the contracting authority
I.4)Contract award on behalf of other contracting authorities
The contracting authority is purchasing on behalf of other contracting authorities: yes
Society of County Treasurers
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 6b:
NUTS code UKJ24
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)
II.1.6)Common procurement vocabulary (CPV)
II.1.7)Information about Government Procurement Agreement (GPA)
II.1.9)Information about variants
II.2.1)Total quantity or scope:
A number of other public bodies may also wish to contract for the provision of the services to themselves through the contract awarded. Further details are set out in section VI.3) below.
Estimated value excluding VAT:
Range: between 4 000 000 and 300 000 000 GBP
Section III: Legal, economic, financial and technical information
III.1.1)Deposits and guarantees required:
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.2)Economic and financial ability
Minimum level(s) of standards possibly required: As detailed in the tender documentation.
As detailed in the tender documentation.
Minimum level(s) of standards possibly required:
As detailed in the tender documentation.
III.3.2)Staff responsible for the execution of the service
Section IV: Procedure
IV.1.1)Type of procedure
IV.1.2)Limitations on the number of operators who will be invited to tender or to participate
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2.2)Information about electronic auction
IV.3.1)File reference number attributed by the contracting authority:
IV.3.2)Previous publication(s) concerning the same contract
Prior information notice
Notice number in the OJEU: 2014/S 159-286082 of 21.8.2014
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document
Payable documents: no
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
IV.3.8)Conditions for opening of tenders
Persons authorised to be present at the opening of tenders: yes
Additional information about authorised persons and opening procedure: Authorised Council Officers.
Section VI: Complementary information
VI.1)Information about recurrence
Estimated timing for further notices to be published:
VI.2)Information about European Union funds
Interested parties will need to register on the Council’s new eSourcing Portal to access and respond to the tender once it is issued:
SE Shared Services Portal http://www.sesharedservices.org.uk/esourcing
Organisations will be required to have insurance cover of at least: Public Liability 10 000 000 GBP, Employers Liability 10 000 000 GBP and Professional Indemnity 25 000 000 GBP.
West Sussex County Council is a Public Authority within the meaning of the Freedom of Information Act 2000 and all correspondence received will be dealt with in accordance with the Act. The Council will enter into the contract for itself and on behalf of other public bodies which are Contracting Authorities, within the meaning of the Public contract Regulations 2006 and which exist or are established or otherwise exercise some or all of their statutory functions within the County of West Sussex and the adjoining south-east counties (‘Partner Organisations’) and any such Partner Organisation will be entitled, with the prior written consent of and through the County Council to access contract and require services to be delivered to it by the appointed organisation on the same or substantially the same terms and conditions as agreed with the Council. These Partner Organisations include administering bodies of the Local Government Pension Scheme, LGPS.
The anticipated value of the contract is approximately 1 000 000 to 6 000 000 GBP per annum for West Sussex County Council alone. The contract is also available to members of the Society of County Treasurers (http://www.sctnet.org.uk/Members). The contract is also available to all administering bodies of the LGPS local government pension scheme (http://www.lgps.org.uk). Therefore the contract value could rise from 1 000 000 to 50 000 000 GBP per annum should LGPS administering bodies wish to access the contract. Access to the contract will be on a first come first served basis, therefore once the upper range of the contract value stated in the OJEU has been reached the contract will be closed to other LGPS administering bodies joining. The Council gives no guarantee or commitment as to the initial and future value of any work arising from this contract.
Minimum time frame during which the tenderer must maintain the tender: 180 Days
VI.5)Date of dispatch of this notice: