Award

ACCESS Pool Investment Manager for Real Estate - UK Core. - AWARD

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

03 May 2023 at 14:49

Award Notice
Summary of the contracting process

The Hampshire County Council, acting on behalf of the ACCESS Pool of LGPS Funds, has awarded a contract for the investment management of their UK Core Property Mandate. The procurement process was a selective Restricted procedure, with a tender period ending on 23rd September 2022. The buying organisation, Hampshire County Council, located in Winchester, Hampshire, United Kingdom, awarded the contract to CBRE Investment Management. The contract period is from 8th March 2023 to 7th March 2053. The procurement falls under the CPV classification scheme for Pension investment services.

This procurement contract presents an opportunity for investment management firms specialising in real estate to engage with the public sector and manage a significant portfolio for the ACCESS Pool of LGPS Funds. Businesses with expertise in managing core property mandates and experience in the pension investment services industry would be well-suited to compete. The successful applicant, CBRE Investment Management, will be responsible for overseeing the UK Core Property Mandate on behalf of the Hampshire County Council and the LGPS Funds, creating a partnership that can drive business growth and contribute to the long-term investment objectives of the local government pension scheme.

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Notice Information

Notice Title

ACCESS Pool Investment Manager for Real Estate - UK Core. - AWARD

Notice Description

Hampshire County Council, acting on behalf of the ACCESS Pool of LGPS Funds, is seeking an investment manager to manage the Pool's UK Core Property Mandate. For full requirements and details of how to tender for this opportunity, 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 tender return document together with any supporting information requested by 14.00 hrs on Friday 23rd September 2022. If your organisation is not registered on the Hampshire In-tend portal, please go to the website stated above and click on the 'Register' tab - registration is free. How to obtain the Selection Stage Documents The documents can be accessed when logged into In-Tend by selecting 'View Details' on the relevant tender advert and clicking the 'Express Interest' tab. Once in the tender there are five tabs - 'Tender', 'SQ - documents', 'Correspondence', 'Clarifications' and 'History'. Select the 2nd tab (SQ - 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. 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'. It is intended to issue successful applicants with tender documents in late October. The deadline for submission of tender responses will be early December. 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-tend.co.uk' to your Safe Senders list.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cf33d8f6-08d0-43dc-9784-c434655dc7bc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ce10c7ca-0db6-4c40-b9da-f8dde7ff4bce
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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
Not specified
Lots Value
Not specified
Awards Value
£2,000,000,000 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
3 May 20232 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
17 Mar 20232 years ago
Contract Period
8 Mar 2023 - 7 Mar 2053 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
HAMPSHIRE COUNTY COUNCIL
Contact Name
Strategic Procurement (Main)
Contact Email
strategic.procurement@hants.gov.uk
Contact Phone
0370 779 1100

Buyer Location

Locality
HAMPSHIRE
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

Supplier Information

Number of Suppliers
1
Supplier Name

CBRE INVESTMENT MANAGEMENT

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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