Notice Information
Notice Title
LGPS Investment Vehicle Structures
Notice Description
SFT wishes to appoint a single provider to undertake an independent commission to assess the potential options for setting up a new Local Government Pension Scheme (LGPS) investment vehicle. It is envisaged that the vehicle would pool some of the resources from some or all of the 11 administering pension authorities, which could be used to invest in Scottish infrastructure and real estate opportunities. The Supplier will draw upon their own experience, SFT's, knowledge that has already been gathered from LGPS pension funds, and the wider pension fund landscape in the UK in terms of pooling funds to invest at scale in local infrastructure and real estate.
Lot Information
Lot 1
SFT wishes to appoint a Supplier to undertake an independent commission that will assess the options for establishing a Scottish LGPS investment vehicle, with pooled resources from some or all of 11 administering pension authorities, which could be used to invest in Scottish infrastructure and real estate opportunities. As part of the independent commission, the Supplier will draw upon their own experience, SFT's, knowledge collated from the LGPS pension funds, and the wider pension fund landscape in the UK in terms of pooling funds to invest at scale in local infrastructure and real estate. Full details are contained within the attached ITT.
Options: SFT reserves the right to instruct additional services for a period of up to one further year following completion of the Requirement up to the value of GBP 15,000 exclusive of VAT.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000523981
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB310029
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- PCS Notice - Website Contract Award 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
66523000 - Pension fund consultancy services
Notice Value(s)
- Tender Value
- £100,000 £100K-£500K
- Lots Value
- £100,000 £100K-£500K
- Awards Value
- Not specified
- Contracts Value
- £82,500 Under £100K
Notice Dates
- Publication Date
- 13 Feb 20188 years ago
- Submission Deadline
- 24 Jan 2018Expired
- Future Notice Date
- Not specified
- Award Date
- 12 Feb 20188 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- SCOTTISH FUTURES TRUST
- Contact Name
- Not specified
- Contact Email
- mailbox@scottishfuturestrust.org.uk
- Contact Phone
- +44 1315100800
Buyer Location
- Locality
- EDINBURGH
- Postcode
- EH2 1DF
- Post Town
- Edinburgh
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM1 East Central Scotland
- Small Region (ITL 3)
- TLM13 City of Edinburgh
- Delivery Location
- TLM Scotland
-
- Local Authority
- City of Edinburgh
- Electoral Ward
- City Centre
- Westminster Constituency
- Edinburgh North and Leith
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC304930&idx=4
19th January 2018 - Terms and Conditions (amended following clarification response) -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC304930&idx=1
21st December 2017 - Terms and Conditions -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC304930&idx=2
21st December 2017 - Invitation to Tender -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=DEC304930&idx=3
21st December 2017 - ESPD -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC304930
LGPS Investment Vehicle Structures - SFT wishes to appoint a single provider to undertake an independent commission to assess the potential options for setting up a new Local Government Pension Scheme (LGPS) investment vehicle. It is envisaged that the vehicle would pool some of the resources from some or all of the 11 administering pension authorities, which could be used to invest in Scottish infrastructure and real estate opportunities. The Supplier will draw upon their own experience, SFT's, knowledge that has already been gathered from LGPS pension funds, and the wider pension fund landscape in the UK in terms of pooling funds to invest at scale in local infrastructure and real estate. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB310029
LGPS Investment Vehicle Structures - SFT wishes to appoint a single provider to undertake an independent commission to assess the potential options for setting up a new Local Government Pension Scheme (LGPS) investment vehicle. It is envisaged that the vehicle would pool some of the resources from some or all of the 11 administering pension authorities, which could be used to invest in Scottish infrastructure and real estate opportunities. The Supplier will draw upon their own experience, SFT's, knowledge that has already been gathered from LGPS pension funds, and the wider pension fund landscape in the UK in terms of pooling funds to invest at scale in local infrastructure and real estate.
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.
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