Tender for Fund Investment Adviser – Greater Manchester
The Greater Manchester Combined Authority are looking to procure an Investment adviser.
United Kingdom-Salford: Financial and insurance services
2019/S 247-609512
Contract notice
Services
Directive 2014/24/EU
Section I: Contracting authority
I.1)Name and addresses
Postal address: Greater Manchester Fire and Rescue Service Headquarters, 146 Bolton Road, Swinton
Town: Salford
NUTS code: UK
Postal code: M27 8US
Country: United Kingdom
Contact person: Ms Bushra Dawood
E-mail: procurement@manchesterfire.gov.uk
Telephone: +44 1616084120Internet address(es):Main address: http://www.manchesterfire.gov.uk/Address of the buyer profile: http://www.manchesterfire.gov.uk/
I.1)Name and addresses
Town: Manchester
NUTS code: UK
Country: United Kingdom
E-mail: procurement@manchesterfire.gov.ukInternet address(es):Main address: https://www.greatermanchester-ca.gov.uk/
I.2)Information about joint procurement
I.3)Communication
I.4)Type of the contracting authority
I.5)Main activity
Section II: Object
II.1.1)Title:
Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund
II.1.2)Main CPV code
II.1.3)Type of contract
II.1.4)Short description:
The GMCA are looking to procure an Investment adviser.
(a) developing the pipeline of potential projects;
(b) arranging the investment in and leading the negotiation and structuring of financial deals which fit within the Investment Policy;
(c) monitoring compliance and risk in accordance with applicable requirements and the eligibility rules, including the pursuit;
(d) managing and arranging relevant investments in order to meet the targets; and
(e) recommending and managing appropriate exit strategies from relevant investments.
Full details on scope of the requirement can be found in the tender pack.
II.1.6)Information about lots
II.2.2)Additional CPV code(s)
II.2.3)Place of performance
II.2.4)Description of the procurement:
Open notice. details can be found in the tender packs.
II.2.5)Award criteria
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
II.2.10)Information about variants
II.2.11)Information about options
II.2.13)Information about European Union funds
European Regional Development Fund Operational Programme for England 2014-20
II.2.14)Additional information
Further information about this procurement process can be found in the procurement documents located in the Chest (see VI.3).
Section III: Legal, economic, financial and technical information
Section IV: Procedure
IV.1.1)Type of procedure
IV.1.8)Information about the Government Procurement Agreement (GPA)
IV.2.2)Time limit for receipt of tenders or requests to participate
IV.2.4)Languages in which tenders or requests to participate may be submitted:
IV.2.7)Conditions for opening of tenders
Section VI: Complementary information
VI.1)Information about recurrence
VI.4.1)Review body
Postal address: Greater Manchester Fire and Rescue Service Headquarters, 146 Bolton Road, Swinton
Town: Manchester
Postal code: M27 8US
Country: United Kingdom
VI.4.3)Review procedure
The Greater Manchester Combined Authority will incorporate a minimum 10 calendar days standstill period at the point information on the award of the contract is communicated to tenderers prior to entering into the contract. If an appeal regarding the award of a contract has not been successfully resolved the Public Contracts Regulations 2015 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 Ireland). Any such action must be brought promptly. Where a contract has not been entered into, the Court may order the setting aside of the award decision or order the Authority to amend any document and may award damages. If the contract has been entered into the Court may, depending on the circumstances, award damages and/or shorten or order the contract ineffective.
VI.5)Date of dispatch of this notice: