Contract Timeline

Publication Date

9th January 2025 00:00:00 AM

Contract Summary

Carmarthenshire County Council is the Host Authority for the Wales Pension Partnership (WPP). The WPP, established in 2017 is a collaboration of all eight LGPS funds in Wales and is one of eight national Local Government Pension pools. The eight LGPS funds in Wales are: Cardiff and Vale of Glamorgan, City and County of Swansea, Clwyd, Dyfed, Greater Gwent (Torfaen), Gwynedd, Powys and Rhondda Cynon Taf. The WPP has now developed a range of Private Real Estate Sub-Funds which the Constituent Authorities (“CAs”) (Local Government Pension Funds) of Wales can use to obtain the private market exposure that they require to meet their locally decided strategic asset allocations. The WPP has established Sub-Funds which are based on individual asset classes, the WPP has established UK Real Estate, Global Real Estate, and Local / Impact Real Estate Sub-Funds. This Procurement was undertaken in accordance with the Competitive Procedure with Negotiation pursuant to Regulation 29 of the Public Contracts Regulations 2015. Although the Council is utilising the Competitive Procedure with Negotiation route, it reserved the right to award the contract on the basis of the initial tenders without conducting negotiations.

Contract Details

Open Contracting ID

ocds-kuma6s-136585

Publication Source

Sell2Wales

Procurement Stage

Award, Contract

Procurement Method

Selective

Procurement Method Details

Competitive Procedure With Negotiation

Procurement Category

Services

Tender Suitability

Framework / DPS

Contract Classification

CPV Code(s)

66131100

CPV Division(s)

66 - Financial and insurance services

Awarding Authority

CARMARTHENSHIRE COUNTY COUNCIL

Buyer Name

Robert Evans

Buyer Email

HIT@carmarthenshire.gov.uk

Buyer Phone

+44 1267234567

Buyer Address

County Hall

Carmarthen

SA31 1JP

Awarded Supplier(s)

Supplier Name(s)

CBRE
SCHRODERS PLC

Contract Timeline

Publication Date

17th November 2023 00:00:00 AM

Tender Deadline

18th December 2023 14:00:00 PM   Expired

Contract Summary

Carmarthenshire County Council is the Host Authority for the Wales Pension Partnership (WPP). The WPP, established in 2017 is a collaboration of all eight LGPS funds in Wales and is one of eight national Local Government Pension pools. The eight LGPS funds in Wales are: Cardiff and Vale of Glamorgan, City and County of Swansea, Clwyd, Dyfed, Greater Gwent (Torfaen), Gwynedd, Powys and Rhondda Cynon Taf. The WPP is now looking to develop a range of Private Real Estate Sub-Funds which the Constituent Authorities (“CAs”) (Local Government Pension Funds) of Wales can use to obtain the private market exposure that they require to meet their locally decided strategic asset allocations. The WPP wants to establish Sub-Funds which are based on individual asset classes, the WPP plans on establishing UK Real Estate, Global Real Estate, and Local / Impact Real Estate Sub-Funds. This Procurement is being undertaken in accordance with the Competitive Procedure with Negotiation pursuant to Regulation 29 of the Public Contracts Regulations 2015. Although the Council is utilising the Competitive Procedure with Negotiation route, it reserves the right to award the contract on the basis of the initial tenders without conducting negotiations.

Contract Details

Open Contracting ID

ocds-kuma6s-136585

Publication Source

Sell2Wales

Procurement Stage

Tender

Procurement Method

Selective

Procurement Method Details

Competitive Procedure With Negotiation

Procurement Category

Services

Tender Suitability

Framework / DPS

Contract Classification

CPV Code(s)

66131100

CPV Division(s)

66 - Financial and insurance services

Awarding Authority

CARMARTHENSHIRE COUNTY COUNCIL

Buyer Name

Buyer Email

CRCorporateprocurement@carmarthenshire.gov.uk

Buyer Phone

+44 1267234567

Buyer Address

County Hall

Carmarthen

SA31 1JP