Mutil Asset Fund Manager

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    "date": "2019-09-17T00:00:00Z",
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                "locality": "Inverness",
                "region": "UKM62",
                "postalCode": "IV3 5BX"
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    "tender": {
        "id": "HC/FIN/FUNDM/2019",
        "title": "Mutil Asset Fund Manager",
        "description": "Pension fund manager",
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                "description": "Provision of a mutli asset fund manager",
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                            "name": "Quality",
                            "description": "80"
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                    "description": "Tenderers must be registered with the appropriate financial body i.e. The Financial Conduct Authority and/or the Prudential Regulation Authority part of the Bank of England. A declaration to this effect must be provided on an annual basis to the Council. However, any changes to this registration must be notified to the Council as soon as reasonably practical. Failure to do so in a timeous manner may result in legal action being taken"
                },
                {
                    "type": "economic",
                    "description": "Please provide details of your firm's assets as at 31 December for each of the last 5 years. Details should include Total Group assets under management, Total Assets managed on behalf of UK Pension Funds and Total Direct Corporate Lending Assets (i.e. commitments to you). All details should be shown in m (GBP ). Council may undertake further financial checks on Tenderer (e.g. credit checks) and may request additional information from tenderer.",
                    "minimum": "During the Term and for 12 months after the expiry of the Term, the Supplier shall maintain in force with reputable insurers : a) employer's liability insurance and public liability insurance in the sum of not less than 5,000,000 GBP in respect of any one incident and unlimited as to numbers of claims; b) professional indemnity insurance and product liability insurance to the values (if any) identified in the Specification; not less than 17,000,000 GBP in respect of any one incident and unlimited as to numbers of claims c) Crime cover not less than 17,000,000 GBP in respect of any one incident and unlimited as to numbers of claims d) adequate insurances covering all the Supplier's other liabilities under the Contract; and e) On the Council's reasonable request, the Supplier shall exhibit satisfactory evidence of the insurance policies referred to in this Clause 4, together with satisfactory evidence of payment of the premia in respect of each insurance. The Manager's Professional Indemnity cover shall include cover against losses resulting from a breach of GDPR by the Manager and fines and penalties issued by the Information Commissioner. Such insurance shall be maintained for the Term and for a minimum of 3 years thereafter. The Manager shall give the Client, on an annual basis, copies of all insurance policies referred to in this Clause or a broker's verification of insurance to demonstrate that the appropriate cover is in place, together with receipts or other evidence of payment of the latest premiums due under those policies. If, for whatever reason, the Manager fails to give effect to and maintain the insurances required by the provisions of the Agreement the Client may make alternative arrangements to protect its interests and may recover the costs of such arrangements from the Manager. The provisions of any insurance or the amount of cover shall not relieve the Manager of any liabilities under the Agreement. This Clause shall survive termination of this Agreement."
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                {
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                    "description": "Tenderers will be required to provide examples that demonstrate that they have the relevant experience to deliver these services as described in part 11.2.4 of the OJEU Contract Notice or the relevant section of the Contract Notice. Examples of managing funds for non retail investors such as private and public sector pensions schemes are required where possible. Tenderers will be required to confirm whether they intend to subcontract, and if so, for what proportion of the contract.",
                    "minimum": "Minimum level(s) of standards required: The Quality score shall be marked out of a possible 100. The scores shall be subdivided as detailed in the Technical questionnaire. The quality score shall be calculated and then weighted and a final score for the section arrived at. For tenderers pricing documents to be reviewed, they're total weighted score for quality must be at least 52% out of a possible 80%. Bids which do not meet this quality threshold shall not pass the quality evaluation section."
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    "description": "The Council requests that the following documentation is included with your submitted tender response. 1. A list of your Key Staff to be used in delivering your proposal 2.Curriculum Vitae relating to the Key Staff be used in delivering your proposal 3. Certificate of Bona Fide Tendering & Completed Form of Tender 4. Completed Technical Questionnaire & ESPD (Scotland) 5. Schedule of Prices & Rates as set out at Section 4 of the draft Contract 6. Completed table of \"non-disclosure\" items relating to FOI(S)A obligations 7. Any contract awarded as a result of this tender exercise will be subject to Scots Law & the exclusive jurisdiction of the Scottish Courts. 8. 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. 9. Tenderers will be required to provide examples that demonstrate that they have the relevant experience to deliver the services as described in part 11.2.4 of the OJEU Contract Notice or in the relevant section of the Notice. 10. The Council's advisor AON will assist the Council with the procurement process and scoring of tenders received. NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=595618. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. A sub-contract clause has been included in this contract. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 Community benefits are included in this requirement. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361 A summary of the expected community benefits has been provided as follows: 17. COMMUNITY BENEFITS/ SUSTAINABILITY Community benefits are not included in this requirement but may be provided voluntarily. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361 A summary of the expected community benefits has been provided as follows. Community Benefits (Voluntary - Non-scored) Please outline the processes you will follow to deliver any Voluntary Community Benefits offered through delivery of this contract. Your response may include details of the following: - Community Benefits outcomes to be delivered - Community Benefits outcomes proposed in addition to those highlighted in the Community Benefits Menu - Delivery proposals - Engagement with any partner organisations to support Community Benefits The council may seek to encourage Voluntary Community Benefits for a particular procurement activity. This will not form part of the evaluation, or indeed place a contractual obligation on the supplier; however those which are offered and accepted by the council will be reported in the Corporate Procurement Annual Report. Delivery of Voluntary Community Benefits will be monitored through management information provided by the supplier and as part of the Contract and Supplier Management process. (SC Ref:595618)",
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