Notice Information
Notice Title
SE Pension Scheme Trustee Services: Investment Consulting Service
Notice Description
The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are tendering to appoint a single supplier for provision of an Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028.
Lot Information
Lot 1
The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are to tender for the provision of a Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028. Parties believing they have appropriate capability should respond to this invitation to tender. The Scheme Trustees are looking for a value for money provider, albeit quality of service and personnel will be as important as price. The trustees are seeking a good mix of innovation and pragmatism in their service provider. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.
Renewal: It is anticipated that the contract will start on 1 October 2024 for a period of 36 months, with an option to extend for a further 12 months if required.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-044dc7
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/022445-2024
- 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
66522000 - Group pension services
66523000 - Pension fund consultancy services
Notice Value(s)
- Tender Value
- £1,200,150 £1M-£10M
- Lots Value
- £1,200,150 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £1,200,000 £1M-£10M
Notice Dates
- Publication Date
- 19 Jul 20241 years ago
- Submission Deadline
- 1 May 2024Expired
- Future Notice Date
- Not specified
- Award Date
- 18 Jul 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
- SCOTTISH ENTERPRISE
- Contact Name
- Not specified
- Contact Email
- joanne.napier@scotent.co.uk
- Contact Phone
- +44 1414686024
Buyer Location
- Locality
- GLASGOW
- Postcode
- G2 6HQ
- Post Town
- Glasgow
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM3 West Central Scotland
- Small Region (ITL 3)
- TLM32 Glasgow City
- Delivery Location
- TLM Scotland
-
- Local Authority
- Glasgow City
- Electoral Ward
- Anderston/City/Yorkhill
- Westminster Constituency
- Glasgow North
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-044dc7-2024-07-19T11:10:41+01:00",
"date": "2024-07-19T11:10:41+01:00",
"ocid": "ocds-h6vhtk-044dc7",
"description": "THIS IS THE CONTRACT AWARD NOTICE. This is a relevant climate change contract, bidders are required to complete and return the attached Climate Change Plan template. SPD Statement for 2A.17 - Form of Participation (Notably as part of a group, consortium, joint venture or similar). Any contract will be entered into with the nominated lead organisation and all members of the consortium, who will in these circumstances each be required to execute said contract together with all ancillary documentation, evidencing their joint and several liability in respect of the obligations and liabilities of the contract. It will be for members of the consortium to sort out their respective duties and liabilities amongst each other. For administrative purposes, any associated documentation will be sent to the nominated lead organisation. SPD Statement for 2C.1 - Where the main bidder relies on the capacities of other entities in order to meet the selection criteria, the bidder must provide a separate SPD response setting out the information required under SPD (Scotland): Part II (sections A and B); Part III exclusion grounds; the relevant part of Section IV selection criteria; and Part V (if applicable) for each of the entities concerned. SPD Statement for 2D.1.2 - If the bidder proposes to subcontract any part(s) of the service and those sub-contractors are not relied upon, they should arrange for a separate SPD response from each potential subcontractor. The subcontractors must complete the relevant parts of the SPD (Scotland) (Sections A and B of Part II and Part III only) to self-declare whether there are grounds for their exclusion. [This may be requested at the selection stage or prior to the subcontractor commencing work on the contract.] (SC Ref:772942)",
"initiationType": "tender",
"tender": {
"id": "P24-0106",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "SE Pension Scheme Trustee Services: Investment Consulting Service",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66523000",
"description": "Pension fund consultancy services"
},
"mainProcurementCategory": "services",
"description": "The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are tendering to appoint a single supplier for provision of an Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028.",
"value": {
"amount": 1200150,
"currency": "GBP"
},
"lots": [
{
"id": "1",
"description": "The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are to tender for the provision of a Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028. Parties believing they have appropriate capability should respond to this invitation to tender. The Scheme Trustees are looking for a value for money provider, albeit quality of service and personnel will be as important as price. The trustees are seeking a good mix of innovation and pragmatism in their service provider. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.",
"awardCriteria": {
"criteria": [
{
"name": "Added Value",
"type": "quality",
"description": "19"
},
{
"name": "Team capbility and structure",
"type": "quality",
"description": "18"
},
{
"name": "Understanding of requirements",
"type": "quality",
"description": "17"
},
{
"name": "Methodology - features of approach",
"type": "quality",
"description": "16"
},
{
"name": "Operational management, management processes, efficiency of systems, risk management",
"type": "quality",
"description": "10"
},
{
"name": "Information Security",
"type": "quality",
"description": "10"
},
{
"name": "Business Continuity",
"type": "quality",
"description": "5"
},
{
"name": "Fair Work First",
"type": "quality",
"description": "5"
},
{
"name": "Prompt Payment",
"type": "quality",
"description": "Pass/Fail"
},
{
"type": "price",
"description": "40"
}
]
},
"value": {
"amount": 1200150,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 1440
},
"hasRenewal": true,
"renewal": {
"description": "It is anticipated that the contract will start on 1 October 2024 for a period of 36 months, with an option to extend for a further 12 months if required."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": false,
"status": "cancelled"
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66131100",
"description": "Pension investment services"
},
{
"scheme": "CPV",
"id": "66141000",
"description": "Pension fund management services"
},
{
"scheme": "CPV",
"id": "66520000",
"description": "Pension services"
},
{
"scheme": "CPV",
"id": "66522000",
"description": "Group pension services"
},
{
"scheme": "CPV",
"id": "66523000",
"description": "Pension fund consultancy services"
}
],
"deliveryAddresses": [
{
"region": "UKM"
},
{
"region": "UKM"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission"
],
"submissionMethodDetails": "http://www.publiccontractsscotland.gov.uk",
"communication": {
"atypicalToolUrl": "http://www.publiccontractsscotland.gov.uk"
},
"selectionCriteria": {
"criteria": [
{
"type": "suitability",
"description": "The relevant selection criteria will be included in the SPD Scotland module. Q4A1 - The bidder is required to be registered with the Financial Conduct Authority or equivalent.",
"appliesTo": [
"supplier"
]
},
{
"type": "economic",
"description": "The relevant selection criteria will be included in the SPD Scotland module.",
"appliesTo": [
"supplier"
]
},
{
"type": "technical",
"description": "The relevant selection criteria will be included in the SPD Scotland module.",
"appliesTo": [
"supplier"
]
}
]
},
"otherRequirements": {
"requiresStaffNamesAndQualifications": true
},
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2024-05-01T11:00:00+01:00"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 90
}
},
"awardPeriod": {
"startDate": "2024-05-01T11:00:00+01:00"
},
"bidOpening": {
"date": "2024-05-01T11:00:00+01:00"
},
"hasRecurrence": false,
"contractTerms": {
"hasElectronicOrdering": true,
"electronicInvoicingPolicy": "allowed",
"hasElectronicPayment": true
},
"reviewDetails": "In the first instance, contact the Head of Facilities Management and Procurement at Scottish Enterprise, with any concerns or enquiries. Email: https://www.scottish-enterprise.com/help/contact-us. An economic operator that suffers, or risks suffering, loss or damage attributable to a breach of duty under the Public Contracts (Scotland) Regulations 2015, may bring proceedings that will be started in the High Court."
},
"parties": [
{
"id": "GB-FTS-1478",
"name": "Scottish Enterprise",
"identifier": {
"legalName": "Scottish Enterprise"
},
"address": {
"streetAddress": "Atrium Court, 50 Waterloo Street",
"locality": "Glasgow",
"region": "UKM82",
"postalCode": "G2 6HQ",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 1414686024",
"email": "joanne.napier@scotent.co.uk",
"url": "http://www.publiccontractsscotland.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.scottish-enterprise.com/",
"buyerProfile": "https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00398",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "REGIONAL_AGENCY",
"description": "Regional or local agency/office"
},
{
"scheme": "COFOG",
"id": "04",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-FTS-5762",
"name": "Glasgow Sheriff Court and Justice of the Peace Court",
"identifier": {
"legalName": "Glasgow Sheriff Court and Justice of the Peace Court"
},
"address": {
"streetAddress": "Sheriff Clerk's Office, PO Box 23, 1 Carlton Place,",
"locality": "Glasgow",
"postalCode": "G5 9DA",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
],
"details": {
"url": "https://www.scotcourts.gov.uk/the-courts/court-locations/glasgow-sheriff-court-and-justice-of-the-peace-court"
}
},
{
"id": "GB-FTS-1538",
"name": "Scottish Government",
"identifier": {
"legalName": "Scottish Government"
},
"address": {
"streetAddress": "5 Atlantic Quay, 150 Broomielaw",
"locality": "Glasgow",
"postalCode": "G2 8LU",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 1412425466",
"email": "SPOEprocurement@scotland.gsi.gov.uk"
},
"roles": [
"mediationBody",
"reviewContactPoint"
],
"details": {
"url": "http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries"
}
},
{
"id": "GB-FTS-118961",
"name": "Isio",
"identifier": {
"legalName": "Isio"
},
"address": {
"streetAddress": "110 George Street",
"locality": "Edinburgh",
"region": "UK",
"postalCode": "EH2 4LH",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 7717643809"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
}
],
"buyer": {
"id": "GB-FTS-1478",
"name": "Scottish Enterprise"
},
"links": [
{
"rel": "canonical",
"href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000761305"
}
],
"language": "en",
"awards": [
{
"id": "022445-2024-P24-0106-1",
"relatedLots": [
"1"
],
"status": "active",
"suppliers": [
{
"id": "GB-FTS-118961",
"name": "Isio"
}
]
}
],
"contracts": [
{
"id": "022445-2024-P24-0106-1",
"awardID": "022445-2024-P24-0106-1",
"status": "active",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"dateSigned": "2024-07-19T00:00:00+01:00"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 4
},
{
"id": "2",
"measure": "smeBids",
"relatedLot": "1",
"value": 1
},
{
"id": "3",
"measure": "foreignBidsFromEU",
"relatedLot": "1",
"value": 0
},
{
"id": "4",
"measure": "foreignBidsFromNonEU",
"relatedLot": "1",
"value": 4
},
{
"id": "5",
"measure": "electronicBids",
"relatedLot": "1",
"value": 4
}
]
}
}