108/JO- Investment Manager Services.
Contract notice
Services
Section I: Contracting authority
I.1)Name, addresses and contact point(s)
University of Sheffield
Procurement Office, The Arts Tower, Western Bank
For the attention of: Jessica Osowski
S10 2TN Sheffield
UNITED KINGDOM
Telephone: +44 1142224206
E-mail:
Internet address(es):
General address of the contracting authority: www.in-tendhost.co.uk/sheffield
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
Body governed by public law
I.3)Main activity
Education
I.4)Contract award on behalf of other contracting authorities
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:
108/JO- Investment Manager Services.
II.1.2)Type of contract and location of works, place of delivery or of performance
Services
Service category No 6b:
Service category No 6b:
NUTS code UKE32
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
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 University of Sheffield is out to tender on behalf of the Department of Finance and Commercial for Investment Manager Services.
This is a restricted EU procurement procedure. The PQQ can be downloaded by expressing your interest on the University"s e-tendering system https://in-tendhost.co.uk/Sheffield.
Completed PQQs must be returned through the same e-tendering system.If you have any questions or comments in relation to this tender they must be submitted via the Intend System, this can be accessed at https://in-tendhost.co.uk/Sheffield
The closing date for return of PQQ"s is 7.3.2014 at 12:00 noon (UK time).II.1.6)Common procurement vocabulary (CPV)
66100000, 66120000
II.1.7)Information about Government Procurement Agreement (GPA)
The contract is covered by the Government Procurement Agreement (GPA): yes
II.1.8)Lots
This contract is divided into lots: no
II.1.9)Information about variants
Variants will be accepted: yes
II.2)Quantity or scope of the contract
II.2.1)Total quantity or scope:
The University invites tenders for the provision of investment management services. Tenders are invited for a contract to commence during the second quarter of 2014 for an initial period of three years with the option to extend for a further one plus one years.
The University is undertaking a review of its investment management service relating primarily to permanent and expendable endowed funds. These funds are currently held in six individual pools within an overall portfolio.
The investment objective for the overall portfolio is to achieve the maximum current income that is consistent with preserving the real value of capital and income over the long term.
Estimated value excluding VAT:
Range: between 540 000 and 900 000 GBP
The University is undertaking a review of its investment management service relating primarily to permanent and expendable endowed funds. These funds are currently held in six individual pools within an overall portfolio.
The investment objective for the overall portfolio is to achieve the maximum current income that is consistent with preserving the real value of capital and income over the long term.
Estimated value excluding VAT:
Range: between 540 000 and 900 000 GBP
II.2.2)Information about options
Options: yes
Description of these options: Option to extend the contract for a further 2 years (1 + 1 years).
Description of these options: Option to extend the contract for a further 2 years (1 + 1 years).
II.2.3)Information about renewals
This contract is subject to renewal: yes
II.3)Duration of the contract or time limit for completion
Duration in months: 36 (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 governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
Joint and severable liability.
III.1.4)Other particular conditions
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 the requirements are met: As per tender documents.
III.2.2)Economic and financial ability
Information and formalities necessary for evaluating if the requirements are met: As per tender documents.
Minimum level(s) of standards possibly required: As per tender documents.
Minimum level(s) of standards possibly required: As per tender documents.
III.2.3)Technical capacity
Information and formalities necessary for evaluating if the requirements are met:
As per tender documents.
Minimum level(s) of standards possibly required:
As per tender documents.
As per tender documents.
Minimum level(s) of standards possibly required:
As per tender documents.
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts
III.3.1)Information about a particular profession
Execution of the service is reserved to a particular profession: no
III.3.2)Staff responsible for the execution of the service
Legal persons 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: and maximum number 8
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)Information about electronic auction
An electronic auction will be used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority:
108/JO
IV.3.2)Previous publication(s) concerning the same contract
no
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document
Time limit for receipt of requests for documents or for accessing documents: 6.3.2014
Payable documents: no
Payable documents: no
IV.3.4)Time limit for receipt of tenders or requests to participate
7.3.2014
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 of tenders
Date: 7.3.2014 - 14:00
Place:
The University of Sheffield, Procurement Office.
Section VI: Complementary information
VI.1)Information about recurrence
This is a recurrent procurement: yes
Estimated timing for further notices to be published: Depending on whether the contract is extended for the additional 2 (two) years (1 + 1), further contract notices will be published in either February 2017, 2018 or 2019.
Estimated timing for further notices to be published: Depending on whether the contract is extended for the additional 2 (two) years (1 + 1), further contract notices will be published in either February 2017, 2018 or 2019.
VI.2)Information about European Union funds
The contract is related to a project and/or programme financed by European Union funds: no
VI.3)Additional information
Tender reference 108/JO.
VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures
VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained
VI.5)Date of dispatch of this notice:
5.2.2014