Tender

ACCESS Private Equity Investment Allocators

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

29 Apr 2024 at 15:08

Tender Notice
Tender

22 Apr 2024 at 09:53

Tender Notice
Summary of the contracting process

The Hampshire County Council is conducting a procurement process for the "ACCESS Private Equity Investment Allocators" tender in the services category. The procurement involves appointing up to two investment managers as Private Equity Allocators for the ACCESS Pool's Private Equity Mandates. This two-stage Restricted procedure will lead to individual contract agreements with successful suppliers. The contract starts on 1st November 2024 for 30 years, with a five-year review cycle. Interested parties must submit Selection Stage documents by 24th May 2024, with the tender response deadline on 19th July 2024.

This tender by Hampshire County Council offers growth opportunities for businesses capable of providing pension investment services. The procurement's open procedure allows a wide range of businesses to compete. Suitable candidates should have expertise in private equity investment management. The 30-year contract duration provides long-term revenue potential for successful bidders. Businesses interested in participating should register via the In-Tend website and carefully follow guidance for document submission and participation in the tender process.

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Notice Information

Notice Title

ACCESS Private Equity Investment Allocators

Notice Description

Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates. The procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion. The Contract will commence on 1st November 2024 and will be for a period of 30 years, subject to a five (5) yearly review cycle during this period. Interested parties should register their interest in the project via the In-Tend website https://in-tendhost.co.uk/hampshire, and complete and submit the Selection Stage documents requested by 14.00 hrs on Friday 24th May 2024. How to obtain the Selection Stage Documents The Selection Stage can be accessed when logged into In-Tend by selecting 'Tenders' then 'Current' & 'View Details' on the relevant tender advert and clicking the 'Express Interest' tab. Once in the tender there are five tabs - 'Tender', 'Selection Stage - documents', 'Correspondence', 'Clarifications' and 'History'. Select the 2nd tab ( Selection Stage - documents) where you will find useful information under 'Tender Details' continue to scroll down to the heading 'Tender Documents Received' where you will be able to view / download the documents. PLEASE NOTE - the Award stage documents are enclosed for INFORMATION ONLY at this stage. It is intended to issue successful applicants with the Award stage documents on 17th June 2024. The deadline for submission of tender responses will be 19th July 2024. Please download all the documents and read very carefully. Opting In and Opting Out Please note you are required to 'Opt In' before you can access the 'My tender Return' to start populating your response. The 'Opt Out' functionality will also be available throughout the duration of the tender process. Opting out will give you the option of declaring you no longer want to receive any further communication in relation to this tender along with the opportunity of providing comments and feedback for this decision. You can choose to 'Opt In' at any time during the tender process if you initially decided to 'Opt Out'. Further Guidance In addition, guidance on how to participate in a tender - download and upload documents / returns and if required, register your company (free of charge), can be found on the In-tend site under the 'Help' or 'Information for Suppliers' buttons. Receiving Notification Emails To ensure you receive email alerts and notifications from our system, please add the email domain '@in-tendorganiser.co.uk' to your Safe Senders list. Additional information: Interested parties should register their interest in the project via the In-Tend website https://in-tendhost.co.uk/hampshire. Guidance on how to participate in a tender - download and upload documents / returns and if required, register your company (free of charge), can be found on the In-tend site under the 'Help' or 'Information for Suppliers' buttons. Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20d4f596-87e6-4db3-b9b4-bbbb4eaf58d0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f4953a0d-be5d-4a27-8293-26c068eedc4d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£2,000,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 20241 years ago
Submission Deadline
24 May 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Nov 2024 - 31 Oct 2054 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HAMPSHIRE COUNTY COUNCIL
Contact Name
Strategic Procurement (Main)
Contact Email
strategic.procurement@hants.gov.uk
Contact Phone
0370 779 1100

Buyer Location

Locality
WINCHESTER
Postcode
SO23 8UJ
Post Town
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
TLJ South East (England)
Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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