SECTION I: CONTRACTING AUTHORITY
I.1)
NAME, ADDRESSES AND CONTACT POINT(S):
North Yorkshire County Council, County Hall, Attn: Tom Morrison, Northallerton DL7 8AD, UNITED KINGDOM. Tel.
+44 1609532123. E-mail: tom.morrison@northyorks.gov.uk.
Internet address(es):
General address of the contracting authority:
www.northyorks.gov.uk.
Further information can be obtained at: SCMS, See below. Tel.
+44 1132474001. URL: http://scms.alito.co.uk.
Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained at: SCMS, See below. Tel.
+44 1132474001. URL: http://scms.alito.co.uk.
Tenders or requests to participate must be sent to: SCMS, See below. Tel.
+44 1132474001. URL: http://scms.alito.co.uk.
I.2)
TYPE OF THE CONTRACTING AUTHORITY AND MAIN ACTIVITY OR ACTIVITIES:
Regional or local authority.
General public services.
The contracting authority is purchasing on behalf of other contracting authorities: no.
SECTION II: OBJECT OF THE CONTRACT
II.1)
DESCRIPTION
|
II.1.1)
|
Title attributed to the contract by the contracting authority:
Pension fund investment management.
|
II.1.2)
Type of contract and location of works, place of delivery or of performance:
Services.
Service category: No 6.
Main place of performance: North Yorkshire.
NUTS code:
UKE22
.
II.1.3)
The notice involves:
A public contract.
II.1.4)
Information on framework agreement:
II.1.5)
Short description of the contract or purchase(s):
The investment management of one or more broad bond portfolios, currency hedged to sterling, for a UK Local Authority Pension Fund with a combined value of approximately 120 000 000 GBP. The mandate under consideration is for an actively managed bond portfolio with a performance objective of outperforming an index such as the iBoxx Sterling Non-Gilt index by at least 0.5 % pa (net of fees) over rolling 3 year periods.
The contract will be for a period of 6 years with 3 options to extend the contract for a period of 3 years each, subject to satisfactory performance and at the discretion of the Council.
II.1.6)
Common procurement vocabulary (CPV):
II.1.7)
Contract covered by the Government Procurement Agreement (GPA):
No.
II.1.8)
Division into lots:
No.
II.1.9)
Variants will be accepted:
Yes.
II.2)
QUANTITY OR SCOPE OF THE CONTRACT
II.2.1)
Total quantity or scope:
The contract will be for a period of 6 years with 3 options to extend by 3 years each, subject to satisfactory performance and at the discretion of the Council.
Estimated value excluding VAT:
Range: between 5 000 000 and 6 000 000 GBP.
II.2.2)
Options:
Yes.
Description of these options: There will be 3 options to extend the contract by 3 years each.
Provisional timetable for recourse to these options: in months: 72 (from the award of the contract).
Number of possible renewals: Range: between 1 and 3.
II.3)
DURATION OF THE CONTRACT OR TIME-LIMIT FOR COMPLETION:
Duration in months: 72 (from the award of the contract).
SECTION III: LEGAL, ECONOMIC, FINANCIAL AND TECHNICAL INFORMATION
III.1)
CONDITIONS RELATING TO THE CONTRACT
III.1.1)
Deposits and guarantees required:
III.1.2)
Main financing conditions and payment arrangements and/or reference to the relevant provisions regulating them:
III.1.3)
Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
III.1.4)
Other particular conditions to which the performance of the contract is subject:
No.
III.2)
CONDITIONS FOR PARTICIPATION
III.2.1)
Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers:
Information and formalities necessary for evaluating if requirements are met: Please refer to the pre qualification questionnaire.
III.2.2)
Economic and financial capacity:
Information and formalities necessary for evaluating if requirements are met: Please refer to the pre qualification questionnaire.
III.2.3)
Technical capacity:
Information and formalities necessary for evaluating if requirements are met:
Please refer to the pre qualification questionnaire.
III.2.4)
Reserved contracts:
No.
III.3)
CONDITIONS SPECIFIC TO SERVICES CONTRACTS
III.3.1)
Execution of the service is reserved to a particular profession:
No.
III.3.2)
Legal entities should indicate the names and professional qualifications of the staff responsible for the execution of the service:
No.
SECTION IV: PROCEDURE
IV.1)
TYPE OF PROCEDURE
IV.1.1)
Type of procedure:
Restricted.
IV.1.2)
Limitations on the number of operators who will be invited to tender or to participate:
Envisaged minimum number: 5. Maximum number: 20
Objective criteria for choosing the limited number of candidates: Please refer to the pre qualification questionnaire.
IV.1.3)
Reduction of the number of operators during the negotiation or dialogue:
IV.2)
AWARD CRITERIA
IV.2.1)
Award criteria:
The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document.
IV.2.2)
An electronic auction will be used:
No.
IV.3)
ADMINISTRATIVE INFORMATION
IV.3.1)
File reference number attributed by the contracting authority:
NYCC/FCS/13499.
IV.3.2)
Previous publication(s) concerning the same contract:
No.
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:
7.4.2010 - 12:00.
IV.3.5)
Date of dispatch of invitations to tender or to participate to selected candidates:
IV.3.6)
Language(s) in which tenders or requests to participate may be drawn up:
English.
IV.3.7)
Minimum time frame during which the tenderer must maintain the tender:
IV.3.8)
Conditions for opening tenders:
SECTION VI: COMPLEMENTARY INFORMATION
VI.1)
THIS IS A RECURRENT PROCUREMENT:
No.
VI.2)
CONTRACT RELATED TO A PROJECT AND/OR PROGRAMME FINANCED BY EU FUNDS:
No.
VI.3)
ADDITIONAL INFORMATION:
To access the pre-qualification questionnaire / tender documents you must register your company details on the Supplier Contract Management System (SCMS) at
http://scms.alito.co.uk by creating a username, password and company profile. To view details of this contract, click on the bulletin board.
In the search criteria set.
€ The contract ID to: NYCC/FCS/13499,
€ Current/awarded to: current,
€ Display tenders to: all,
€ Council to: North Yorkshire,
€ Matching categories to: all.
Click search and the details of this contract should be displayed. Once you locate the tender you will need to express your interest in this tender by clicking the register tab which will then allow you to download any documentation required, complete and re-attach the documents to the system. This should be done in advance of the deadline date. You do not need to complete the regional application for approved list status for this tender.
Should you require any further guidance in using SCMS, please contact a member of the helpdesk on +44 1132474001 or at
scms@leeds.gov.uk.
VI.4)
PROCEDURES FOR APPEAL
VI.4.1)
Body responsible for appeal procedures:
VI.4.2)
Lodging of appeals:
Precise information on deadline(s) for lodging appeals: North Yorkshire County Council will incorporate a minimum 10 day standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the Contracting Authority before the contract is entered into. Applicants have 2 working days from the notification of the award decision to request additional debriefing and that information has to be provided a minimum of 3 working days before the expiry of the standstill period. Should such additional information be required, please contact the person cited in paragraph 1.1 of this form.
If an appeal regarding the award of a contract has not been successfully resolved the Public Contracts Regulations (SI 2006 no 5) 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 (within 3 months).
Where a contract has not been entered into the court may order the setting aside of the award decision, or order the Contracting Authority to amend any document and may award damages. If the contract has been entered into the court may only award damages. The purpose of the standstill period referred to above is to allow parties to apply to the courts to set aside the award decision before the contract is entered into.
VI.4.3)
Service from which information about the lodging of appeals may be obtained:
VI.5)
DATE OF DISPATCH OF THIS NOTICE:
4.3.2010.