United Kingdom-South Shields: Investment management and tax preparation software package

Agency: TED
Level of Government: State & Local
  • D - Automatic Data Processing and Telecommunication Services
Opps ID: NBD00003027932153284
Posted Date: Sep 29, 2017
Due Date: Oct 23, 2017
Solicitation No: 383003-2017
Source: Members Only
29/09/2017 S187 - - Services - Contract notice - Open procedure

United Kingdom-South Shields: Investment management and tax preparation software package

2017/S 187-383003

Contract notice


Directive 2014/24/EU

Section I: Contracting authority

I.1) Name and addresses
Border to Coast Pensions Partnership Limited
Town Hall and Civic Offices
South Shields
NE33 2RL
United Kingdom
Contact person: Mr David Hayward
Telephone: +44 1914247217
E-mail: David.Hayward@southtyneside.gov.uk
NUTS code: UKC

Internet address(es):

Main address: http://www.twpf.info/

Address of the buyer profile: http://www.twpf.info/

I.2) Joint procurement
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.the-chest.org.uk/
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via: https://www.the-chest.org.uk/
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:

Procurement of an ICT Investment Platform.

Reference number: DN299942
II.1.2) Main CPV code
48410000 - AA05
II.1.3) Type of contract
II.1.4) Short description:

Contract for the provision of an ICT Investment Platform to Border to Coast Pensions Partnership.

II.1.5) Estimated total value
Value excluding VAT: 5 750 000.00 GBP
II.1.6) Information about lots
This contract is divided into lots: no
II.2) Description
II.2.1) Title:
II.2.2) Additional CPV code(s)
II.2.3) Place of performance
NUTS code: UKC
NUTS code: UKE
Main site or place of performance:

It is envisaged that the Company will ultimately be based in Leeds and that the contract will be performed at that base and through the providers place of business.

II.2.4) Description of the procurement:

The Company is seeking to procure an ICT Investment Platform to provide it with consolidated capacity to deliver management and/or oversight of core middle and back office activity in respect of its investment funds. This support will be required across ACS and AIF funds as well as financial and non-financial instruments. It is intended that all front office portfolio management activity across all funds and asset classes will be managed through the single portfolio management platform to be provided by the appointed service provider.

The contract is for an initial 4 year term. The contract will contain options for two further 2 year extensions and the estimate of value reflects this.

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
Value excluding VAT: 5 750 000.00 GBP
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:

2 further contract periods of 2 years each can be elected for by the buyer. The estimated value refers to the initial 4 year term.

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
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
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: 23/10/2017
Local time: 12:00
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:
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
IV.2.7) Conditions for opening of tenders
Date: 23/10/2017
Local time: 12:30

Tenders will be opened on behalf of BCPP by Cumbria County Council procurement service. Any inquiries should be directed through the Chest portal.

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:

BCPP will become an Financial Conduct Authority authorised alternative investment fund manager (AIFM). It is a private limited company owned by the administering authorities of the following Local Government Pension Schemes: Bedfordshire Pension Fund, Cumbria Pension Fund, Durham Pension Fund, East Riding Pension Fund, Lincolnshire Pension Fund, North Yorkshire Pension Fund, Northumberland Pension Fund, South Yorkshire Pension Fund, Surrey Pension Fund, Teesside Pension Fund, Tyne and Wear Pension Fund and Warwickshire Pension Fund. Further details are provided in the Invitation to Tender (ITT) available via the portal in Section I.3 of this contract notice.

All organisations or groups of organisations who are interested in this contract opportunity are required to complete and return a selection questionnaire and tender to BCPP (available via the details included in this contract notice at Section I.3) by the deadline in Section IV.2.2.

BCPP reserves the right to cancel the tender process at any stage for any reason; and/or to amend the terms and conditions of the tender process. BCPP reserves the right to withdraw from the tendering process at any stage and BCPP shall not be liable to any organisation as a result of this action. All organisations are solely responsible for their costs and expenses incurred in participating in the tender process.

Details of the contract can be inspected by registering on the Chest portal operated by Cumbria Council. This can be accessed at: https://www.the-chest.org.uk/ .

The contract is to be let for an initial period of 4 years. The stated value refers to this period. BCPP intends that there should be an option to take up to 2 2-year extensions to this term.

The value for the contract stated above is based on the full potential duration of 8 years and is an upper estimate of the total value of the opportunity.

VI.4) Procedures for review
VI.4.1) Review body
High Court (Royal Courts of Justice)
The Strand
United Kingdom
Telephone: +44 2079476000

Internet address: http://www.southyorks.gov.uk/syjshome/whatwedo.aspx

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:
TI Title United Kingdom-South Shields: Investment management and tax preparation software package
ND Document number 383003-2017
PD Publication date 29/09/2017
OJ OJ S 187
AU Authority name Border to Coast Pensions Partnership Limited (10795539)
OL Original language EN
HD Heading - - Services - Contract notice - Open procedure
CY Country UK
AA Type of authority 6 - Body governed by public law
HA EU Institution -
DS Document sent 25/09/2017
DT Deadline 23/10/2017
NC Contract 4 - Services
PR Procedure 1 - Open procedure
TD Document 3 - Contract notice
RP Regulation 4 - European Union
PC CPV code 48410000 - Investment management and tax preparation software package
OC Original CPV code 48410000 - Investment management and tax preparation software package
IA Internet address (URL) http://www.twpf.info/
DI Directive Public procurement Directive 2014/24/EU


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