Award

TC908 The Provision of Fund Investment Adviser, Operator and Administrator Services - Carbon Group

MANCHESTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

26 Apr 2017 at 10:05

Award Notice
Summary of the contracting process

The Manchester City Council is seeking services for the "TC908 The Provision of Fund Investment Adviser, Operator and Administrator Services - Carbon Group". This procurement, categorised under financial and insurance services, involves the management of the Evergreen, Evergreen 2, and Low Carbon Funds. The procurement method adopted is an open procedure, which concluded on 15 March 2017. The contract, valued at £3 million, commenced on 12 July 2017 and is set to run until 31 March 2022, with the award notice published on 26 April 2017.

This tender presents significant opportunities for businesses specialising in financial services, particularly those offering investment advisory and fund administration capabilities. Companies that are small or medium-sized enterprises (SMEs) may find particularly favourable conditions, as the procurement is open to them. The successful suppliers, CBRE Indirect Investment Services Ltd and Amber Infrastructure Ltd, will be managing substantial funds, creating avenues for partnerships and future contracts for additional service providers in the financial sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

TC908 The Provision of Fund Investment Adviser, Operator and Administrator Services - Carbon Group

Notice Description

The provision of Fund Investment Adviser, Operator and Administrator Services for the Evergreen, Evergreen 2 and Low Carbon Funds

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4cdb2c8e-bfd8-41f4-8e79-c3651d4ec30a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ccd8d497-b2dd-4323-9c3f-f63c2589e480
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20178 years ago
Submission Deadline
15 Mar 2017Expired
Future Notice Date
Not specified
Award Date
20 Apr 20178 years ago
Contract Period
30 Apr 2017 - 30 Apr 2022 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MANCHESTER CITY COUNCIL
Contact Name
Samantha Wilson
Contact Email
samantha.wilson@manchester.gov.uk
Contact Phone
+44 1612344368

Buyer Location

Locality
MANCHESTER
Postcode
M60 2JA
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLD North West (England)
Local Authority
Manchester
Electoral Ward
Piccadilly
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
2
Supplier Names

AMBER INFRASTRUCTURE

CBRE INDIRECT INVESTMENT SERVICES

Further Information

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-4cdb2c8e-bfd8-41f4-8e79-c3651d4ec30a-2017-04-26T11:05:46+01:00",
    "date": "2017-04-26T11:05:46+01:00",
    "ocid": "ocds-b5fd17-4cdb2c8e-bfd8-41f4-8e79-c3651d4ec30a",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "MANC001-DN241192-83858903",
        "title": "TC908 The Provision of Fund Investment Adviser, Operator and Administrator Services - Carbon Group",
        "description": "The provision of Fund Investment Adviser, Operator and Administrator Services for the Evergreen, Evergreen 2 and Low Carbon Funds",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "North West",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 3000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2017-03-15T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2017-07-12T00:00:00+01:00",
            "endDate": "2022-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-49196",
            "name": "Manchester City Council",
            "identifier": {
                "legalName": "Manchester City Council"
            },
            "address": {
                "streetAddress": "Room 407, Town Hall",
                "locality": "Manchester",
                "postalCode": "M60 2JA",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Samantha Wilson",
                "email": "samantha.wilson@manchester.gov.uk",
                "telephone": "+44 1612344368"
            },
            "details": {
                "url": "http://www.manchester.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-54885",
            "name": "CBRE Indirect Investment Services Ltd",
            "identifier": {
                "legalName": "CBRE Indirect Investment Services Ltd"
            },
            "address": {
                "streetAddress": "Henrietta House, London, W1G 0NB"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-CFS-54886",
            "name": "Amber Infrastructure Ltd",
            "identifier": {
                "legalName": "Amber Infrastructure Ltd"
            },
            "address": {
                "streetAddress": "Two London Bridge, London, SE1 9RA"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-49196",
        "name": "Manchester City Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-4cdb2c8e-bfd8-41f4-8e79-c3651d4ec30a-1",
            "status": "active",
            "date": "2017-04-21T00:00:00+01:00",
            "datePublished": "2017-04-26T11:05:46+01:00",
            "value": {
                "amount": 3000000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-54885",
                    "name": "CBRE Indirect Investment Services Ltd"
                },
                {
                    "id": "GB-CFS-54886",
                    "name": "Amber Infrastructure Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2017-05-01T00:00:00+01:00",
                "endDate": "2022-04-30T23:59:59+01:00"
            },
            "description": "CBRE Indirect Investment Services Ltd: Lot 1 Fund Investment Adviser, Operator and Administrator Services for the Evergreen and Evergreen 2 Funds Amber Infrastructure Ltd: Lot 2 Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Funds",
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/ccd8d497-b2dd-4323-9c3f-f63c2589e480",
                    "datePublished": "2017-04-26T11:05:46+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Advert",
                    "url": "https://procontract.due-north.com/Advert?advertId=17ebdc9e-b9f2-e611-80dd-005056b64545"
                }
            ]
        }
    ]
}