{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-031cf0-2022-07-27T09:48:44+01:00", "date": "2022-07-27T09:48:44+01:00", "ocid": "ocds-h6vhtk-031cf0", "initiationType": "tender", "tender": { "id": "DN597651", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "NU/ 1756 The Provision of Global Equity Manager/s", "status": "complete", "classification": { "scheme": "CPV", "id": "66120000", "description": "Investment banking services and related services" }, "mainProcurementCategory": "services", "description": "The university appointed active global equity investment managers to manage in the region of PS75m behalf of the University of Newcastle endowment fund.", "value": { "amount": 2500000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "The University wishes to appoint active global equity investment manager/s (between 1 and 3 companies) to manage in the region of PS75m behalf of the University of Newcastle endowment fund. Social and environmental justice are core values of the University and we are committed to socially and environmentally responsible investment. We are looking to appoint investment managers with well-developed ESG approaches who will also work with us to achieve the aims of our Climate Action Plan. We do not permit investment in tobacco related companies or companies making revenue from armaments or from the extraction and production of fossil fuels. UK equities are acceptable within the portfolio but must not exceed 20% of the total portfolio by value. Bidders should disclose the control ranges which they apply to UK holdings. To be considered managers must meet the criteria outlined in the specification including: * UNPRI signatory * No investment in tobacco related companies or companies making revenue from armaments or from the extraction and production of fossil fuels. * Is not currently and has not in the last five years been subject to serious regulatory investigation or action * Track record of fund management team of at least ten years in running equity mandates * Ability to contribute to the University's Climate Action Plan through the provision of reports on the carbon footprint of investment portfolios All criteria are extremely important to the University and will not be negotiable.", "value": { "amount": 2500000, "currency": "GBP" }, "contractPeriod": { "durationInDays": 1800 }, "hasRenewal": false, "secondStage": { "minimumCandidates": 1, "maximumCandidates": 3 }, "submissionTerms": { "variantPolicy": "notAllowed", "electronicCataloguePolicy": "required" }, "hasOptions": false, "status": "cancelled", "awardCriteria": { "criteria": [ { "name": "Quality", "type": "quality", "description": "70" }, { "type": "price", "description": "30" } ] } } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UKC22" }, { "region": "UKC22" } ], "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://procontract.due-north.com/Login", "procurementMethod": "selective", "procurementMethodDetails": "Restricted procedure", "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2022-04-04T12:00:00+01:00" }, "secondStage": { "invitationDate": "2022-04-20T00:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ] }, "hasRecurrence": false, "reviewDetails": "The University will incorporate a standstill period at the point information on the award of the contract is communicated to tenderers. That notification will provide full information on the award decision. The standstill period, which will be for a minimum of 10 calendar days, provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 (SI 2015 No 102) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland) within 30 days of knowledge or constructive knowledge of breach." }, "parties": [ { "id": "GB-FTS-19006", "name": "Newcastle University", "identifier": { "legalName": "Newcastle University" }, "address": { "streetAddress": "Newcastle University, 1 Park Tce", "locality": "Newcastle upon Tyne", "region": "UKC22", "postalCode": "NE1 7RU", "countryName": "United Kingdom" }, "contactPoint": { "name": "Mrs Leigh Robinson", "telephone": "+44 1912088618", "email": "leigh.anderson@ncl.ac.uk", "url": "https://www" }, "roles": [ "buyer" ], "details": { "url": "https://www.ncl.ac.uk", "buyerProfile": "https://www.ncl.ac.uk", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "09", "description": "Education" } ] } }, { "id": "GB-FTS-7395", "name": "Newcastle University", "identifier": { "legalName": "Newcastle University" }, "address": { "locality": "Newcastle upon Tyne", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] }, { "id": "GB-FTS-59935", "name": "Janus Henderson Investors", "identifier": { "legalName": "Janus Henderson Investors" }, "address": { "streetAddress": "201 Bishopsgate", "locality": "London", "region": "UK", "postalCode": "EC2M 3AE", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-59936", "name": "Liontrust Asset Management Plc", "identifier": { "legalName": "Liontrust Asset Management Plc" }, "address": { "streetAddress": "2 Savoy Court", "locality": "London", "region": "UK", "postalCode": "WC2R 0EZ", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-59937", "name": "Schroders", "identifier": { "legalName": "Schroders" }, "address": { "streetAddress": "1 London Wall Place", "locality": "London", "region": "UK", "postalCode": "EC2Y 5AU", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } } ], "buyer": { "id": "GB-FTS-19006", "name": "Newcastle University" }, "language": "en", "awards": [ { "id": "020418-2022-NU/1756 The Provision of Global Equity Manager/s-1", "relatedLots": [ "1" ], "status": "active", "suppliers": [ { "id": "GB-FTS-59935", "name": "Janus Henderson Investors" } ] }, { "id": "020418-2022-NU/1756-2", "relatedLots": [ "1" ], "title": "NU/1756 The Provision of Global Equity Manager/s", "status": "active", "suppliers": [ { "id": "GB-FTS-59936", "name": "Liontrust Asset Management Plc" } ] }, { "id": "020418-2022-NU/1756-3", "relatedLots": [ "1" ], "title": "The Provision of Global Equity Manager/s", "status": "active", "suppliers": [ { "id": "GB-FTS-59937", "name": "Schroders" } ] } ], "contracts": [ { "id": "020418-2022-NU/1756 The Provision of Global Equity Manager/s-1", "awardID": "020418-2022-NU/1756 The Provision of Global Equity Manager/s-1", "status": "active", "dateSigned": "2022-07-15T00:00:00+01:00" }, { "id": "020418-2022-NU/1756-2", "awardID": "020418-2022-NU/1756-2", "title": "NU/1756 The Provision of Global Equity Manager/s", "status": "active", "dateSigned": "2022-07-15T00:00:00+01:00" }, { "id": "020418-2022-NU/1756-3", "awardID": "020418-2022-NU/1756-3", "title": "The Provision of Global Equity Manager/s", "status": "active", "dateSigned": "2022-07-15T00:00:00+01:00" } ], "bids": { "statistics": [ { "id": "5", "measure": "bids", "relatedLot": "1", "value": 4 }, { "id": "10", "measure": "bids", "relatedLot": "1", "value": 4 }, { "id": "14", "measure": "bids", "relatedLot": "1", "value": 4 }, { "id": "6", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "7", "measure": "electronicBids", "relatedLot": "1", "value": 4 }, { "id": "11", "measure": "electronicBids", "relatedLot": "1", "value": 4 }, { "id": "15", "measure": "electronicBids", "relatedLot": "1", "value": 4 }, { "id": "3", "measure": "lowestValidBidValue", "relatedLot": "1", "value": 800000, "currency": "GBP" }, { "id": "8", "measure": "lowestValidBidValue", "relatedLot": "1", "value": 800000, "currency": "GBP" }, { "id": "12", "measure": "lowestValidBidValue", "relatedLot": "1", "value": 800000, "currency": "GBP" }, { "id": "4", "measure": "highestValidBidValue", "relatedLot": "1", "value": 830000, "currency": "GBP" }, { "id": "9", "measure": "highestValidBidValue", "relatedLot": "1", "value": 830000, "currency": "GBP" }, { "id": "13", "measure": "highestValidBidValue", "relatedLot": "1", "value": 830000, "currency": "GBP" }, { "id": "1", "measure": "lowestValidBidValue", "value": 2000000, "currency": "GBP" }, { "id": "2", "measure": "highestValidBidValue", "value": 2500000, "currency": "GBP" } ] } }