Notice Information
Notice Title
ACCESS Pool Authorised Contractual Scheme Operator
Notice Description
Hampshire County Council (the Authority) is procuring this requirement on behalf of the ACCESS Pool of LGPS Pensions. ACCESS is seeking a suitably experienced, knowledgeable and skilled organisation, with the appropriate regulatory registrations, to fulfil the role of the FCA regulated company which undertakes selection, appointment, dismissal and variation of terms of investment managers, and provides and operates pool vehicles for Administering Authorities in the ACCESS Pool. The Authorised Contractual Scheme (ACS) is an authorised contractual scheme in co-ownership form and authorised by the Financial Conduct Authority (FCA) with effect from 9 August 2018. The ACS has an unlimited duration The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.
Lot Information
Lot 1
Hampshire County Council is undertaking this procurement on behalf of the ACCESS Pool of LGPS Pension Funds. The procurement will follow a single stage, Open Tender process for the appointment of a the ACS Operator. The Operator Agreement will run for a term of up to 10 years, subject to review in the 5th year. Tenderers should note that the Estimated Value provided in this notice is an estimate of fees payable over the life of the contract based on current and anticipated AuM growth over the life of the contract. The actual fees payable will depend on these and other relevant factors applicable over the course of the contract. This amount should not be taken as a guaranteed value or payment. Full details of the requirement can be found in the Specification at Annex 1 of the ITT documentation by registering within Hampshire's instance of the In-Tend e-procurement platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home
Options: The Operator Agreement will run for an initial term of 5 years with the option, following satisfactory review, to continue for a further 5 years.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-0449ad
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/040158-2024
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66131100 - Pension investment services
66141000 - Pension fund management services
66520000 - Pension services
Notice Value(s)
- Tender Value
- £80,000,000 £10M-£100M
- Lots Value
- £80,000,000 £10M-£100M
- Awards Value
- Not specified
- Contracts Value
- £80,000,000 £10M-£100M
Notice Dates
- Publication Date
- 12 Dec 20241 years ago
- Submission Deadline
- 10 May 2024Expired
- Future Notice Date
- Not specified
- Award Date
- 1 Dec 20241 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- HAMPSHIRE COUNTY COUNCIL
- Additional Buyers
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- WINCHESTER
- Postcode
- SO23 8ZB
- 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
- TLF24 West Northamptonshire, TLH12 Cambridgeshire CC, TLH14 Suffolk CC, TLH15 Norwich and East Norfolk, TLH16 North and West Norfolk, TLH3 Essex, TLJ22 East Sussex CC, TLJ27 West Sussex (South West), TLJ28 West Sussex (North East), TLJ3 Hampshire and Isle of Wight, TLJ4 Kent
-
- Local Authority
- Winchester
- Electoral Ward
- St Michael
- Westminster Constituency
- Winchester
Further Information
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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-h6vhtk-0449ad-2024-12-12T16:33:57Z",
"date": "2024-12-12T16:33:57Z",
"ocid": "ocds-h6vhtk-0449ad",
"initiationType": "tender",
"tender": {
"id": "EX21332",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "ACCESS Pool Authorised Contractual Scheme Operator",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66141000",
"description": "Pension fund management services"
},
"mainProcurementCategory": "services",
"description": "Hampshire County Council (the Authority) is procuring this requirement on behalf of the ACCESS Pool of LGPS Pensions. ACCESS is seeking a suitably experienced, knowledgeable and skilled organisation, with the appropriate regulatory registrations, to fulfil the role of the FCA regulated company which undertakes selection, appointment, dismissal and variation of terms of investment managers, and provides and operates pool vehicles for Administering Authorities in the ACCESS Pool. The Authorised Contractual Scheme (ACS) is an authorised contractual scheme in co-ownership form and authorised by the Financial Conduct Authority (FCA) with effect from 9 August 2018. The ACS has an unlimited duration The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.",
"value": {
"amount": 80000000,
"currency": "GBP"
},
"lots": [
{
"id": "1",
"description": "Hampshire County Council is undertaking this procurement on behalf of the ACCESS Pool of LGPS Pension Funds. The procurement will follow a single stage, Open Tender process for the appointment of a the ACS Operator. The Operator Agreement will run for a term of up to 10 years, subject to review in the 5th year. Tenderers should note that the Estimated Value provided in this notice is an estimate of fees payable over the life of the contract based on current and anticipated AuM growth over the life of the contract. The actual fees payable will depend on these and other relevant factors applicable over the course of the contract. This amount should not be taken as a guaranteed value or payment. Full details of the requirement can be found in the Specification at Annex 1 of the ITT documentation by registering within Hampshire's instance of the In-Tend e-procurement platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home",
"value": {
"amount": 80000000,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 3600
},
"hasRenewal": false,
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": false,
"options": {
"description": "The Operator Agreement will run for an initial term of 5 years with the option, following satisfactory review, to continue for a further 5 years."
},
"status": "cancelled",
"awardCriteria": {
"criteria": [
{
"name": "Method Statements",
"type": "quality",
"description": "Pass / Fail"
},
{
"name": "People & Organisation",
"type": "quality",
"description": "16%"
},
{
"name": "Scheme Management",
"type": "quality",
"description": "16%"
},
{
"name": "Reporting",
"type": "quality",
"description": "16%"
},
{
"name": "Third Party Management, Due Diligence & Value for Money",
"type": "quality",
"description": "16%"
},
{
"name": "Contract Onboarding",
"type": "quality",
"description": "16%"
},
{
"type": "price",
"description": "20%"
}
]
}
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66131100",
"description": "Pension investment services"
},
{
"scheme": "CPV",
"id": "66520000",
"description": "Pension services"
}
],
"deliveryAddresses": [
{
"region": "UKF24"
},
{
"region": "UKH12"
},
{
"region": "UKH14"
},
{
"region": "UKH15"
},
{
"region": "UKH16"
},
{
"region": "UKH3"
},
{
"region": "UKJ22"
},
{
"region": "UKJ27"
},
{
"region": "UKJ28"
},
{
"region": "UKJ3"
},
{
"region": "UKJ4"
},
{
"region": "UKF24"
},
{
"region": "UKH12"
},
{
"region": "UKH14"
},
{
"region": "UKH15"
},
{
"region": "UKH16"
},
{
"region": "UKH3"
},
{
"region": "UKJ22"
},
{
"region": "UKJ27"
},
{
"region": "UKJ28"
},
{
"region": "UKJ3"
},
{
"region": "UKJ4"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission"
],
"submissionMethodDetails": "https://in-tendhost.co.uk/hampshire/aspx/Home",
"selectionCriteria": {
"criteria": [
{
"type": "suitability",
"description": "As set out in the procurement documents.",
"appliesTo": [
"supplier"
]
}
]
},
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2024-05-10T14:00:00+01:00"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"endDate": "2024-11-22T23:59:59Z"
}
},
"awardPeriod": {
"startDate": "2024-05-10T15:00:00+01:00"
},
"bidOpening": {
"date": "2024-05-10T15:00:00+01:00"
},
"hasRecurrence": false,
"contractTerms": {
"electronicInvoicingPolicy": "allowed",
"hasElectronicPayment": true
}
},
"parties": [
{
"id": "GB-FTS-1879",
"name": "HAMPSHIRE COUNTY COUNCIL",
"identifier": {
"legalName": "HAMPSHIRE COUNTY COUNCIL",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"streetAddress": "The Castle",
"locality": "WINCHESTER",
"region": "UKJ36",
"postalCode": "SO238ZB",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Samantha Pullinger",
"telephone": "+44 1962847826-847826",
"email": "samantha.pullinger@hants.gov.uk",
"url": "https://in-tendhost.co.uk/hampshire/aspx/Home"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.hants.gov.uk",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "REGIONAL_AUTHORITY",
"description": "Regional or local authority"
},
{
"scheme": "COFOG",
"id": "01",
"description": "General public services"
}
]
}
},
{
"id": "GB-FTS-61741",
"name": "Hertfordshire County Council",
"identifier": {
"legalName": "Hertfordshire County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Hertford",
"region": "UKH23",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "contact@hertfordshire.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.hertfordshire.gov.uk/home.aspx"
}
},
{
"id": "GB-FTS-60326",
"name": "Isle of Wight Council",
"identifier": {
"legalName": "Isle of Wight Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Isle of Wight",
"region": "UKJ34",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "customer.services@iow.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.iow.gov.uk/"
}
},
{
"id": "GB-FTS-1195",
"name": "Kent County Council",
"identifier": {
"legalName": "Kent County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Maidstone",
"region": "UKJ4",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "county.hall@kent.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.kent.gov.uk/"
}
},
{
"id": "GB-FTS-1374",
"name": "Norfolk County Council",
"identifier": {
"legalName": "Norfolk County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Norwich",
"region": "UKH15",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "DPCST@norfolk.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.norfolk.gov.uk/"
}
},
{
"id": "GB-FTS-5309",
"name": "Suffolk County Council",
"identifier": {
"legalName": "Suffolk County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Ipswich",
"region": "UKH14",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "customer.services@suffolk.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.suffolk.gov.uk/"
}
},
{
"id": "GB-FTS-25010",
"name": "West Northamptonshire Council",
"identifier": {
"legalName": "West Northamptonshire Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Northampton",
"region": "UKF24",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "enquiries.nbc@westnorthants.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.westnorthants.gov.uk/"
}
},
{
"id": "GB-FTS-9948",
"name": "West Sussex County Council",
"identifier": {
"legalName": "West Sussex County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Chichester",
"region": "UKJ27",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "procurement@westsussex.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.westsussex.gov.uk/"
}
},
{
"id": "GB-FTS-12201",
"name": "East Sussex County Council",
"identifier": {
"legalName": "East Sussex County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Lewes",
"region": "UKJ22",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "purchasing.queries@eastsussex.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.eastsussex.gov.uk/"
}
},
{
"id": "GB-FTS-1060",
"name": "Cambridgeshire County Council",
"identifier": {
"legalName": "Cambridgeshire County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Cambridge",
"region": "UKH12",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "procurementandcommercial@cambridgeshire.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.cambridgshire.gov.uk"
}
},
{
"id": "GB-FTS-3523",
"name": "Essex County Council",
"identifier": {
"legalName": "Essex County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Chelmsford",
"region": "UKH3",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "procurement.team@essex.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.essex.gov.uk/"
}
},
{
"id": "GB-FTS-52397",
"name": "High Court of England & Wales",
"identifier": {
"legalName": "High Court of England & Wales"
},
"address": {
"streetAddress": "The Strand",
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
},
{
"id": "GB-FTS-77238",
"name": "Suffolk County Council",
"identifier": {
"legalName": "Suffolk County Council",
"noIdentifierRationale": "notOnAnyRegister"
},
"address": {
"locality": "Ipswitch",
"region": "UKH14",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "customer.services@suffolk.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://www.suffolk.gov.uk/"
}
},
{
"id": "GB-COH-03692681",
"name": "Waystone Management (UK) Limited",
"identifier": {
"legalName": "Waystone Management (UK) Limited",
"id": "03692681",
"scheme": "GB-COH"
},
"address": {
"streetAddress": "20-22 Bedford Row",
"locality": "London",
"region": "UKI",
"postalCode": "WC1R 4EB",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"url": "http://www.waystone.com",
"scale": "large"
}
},
{
"id": "GB-FTS-1892",
"name": "High Court of England and Wales",
"identifier": {
"legalName": "High Court of England and Wales"
},
"address": {
"streetAddress": "The Strand",
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
}
],
"buyer": {
"id": "GB-FTS-1879",
"name": "HAMPSHIRE COUNTY COUNCIL"
},
"language": "en",
"description": "The stated contract value is an estimate of fees payable over the life of the contract based on current and anticipated AuM growth over the life of the contract and the successful tenderer's submitted fees. The actual fees payable will depend on these and other relevant factors applicable over the course of the contract. This amount should not be taken as a guaranteed value or payment.",
"awards": [
{
"id": "040158-2024-1",
"relatedLots": [
"1"
],
"title": "ACCESS Pool Authorised Contractual Scheme Operator",
"status": "active",
"suppliers": [
{
"id": "GB-COH-03692681",
"name": "Waystone Management (UK) Limited"
}
]
}
],
"contracts": [
{
"id": "040158-2024-1",
"awardID": "040158-2024-1",
"title": "ACCESS Pool Authorised Contractual Scheme Operator",
"status": "active",
"value": {
"amount": 80000000,
"currency": "GBP"
},
"dateSigned": "2024-12-01T00:00:00Z"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 2
}
]
}
}