{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-0421f5-2023-12-19T15:59:13Z",
    "date": "2023-12-19T15:59:13Z",
    "ocid": "ocds-h6vhtk-0421f5",
    "description": "The PIN follows a previous contract finder notice: <br/>https://www.contractsfinder.service.gov.uk/Notice/fc4026a3-5228-4b82-8fe5-6ab378d2d15c",
    "initiationType": "tender",
    "tender": {
        "id": "ocds-h6vhtk-0421f5",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Property Investment Manager for West Sussex Pension Fund",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66131100",
            "description": "Pension investment services"
        },
        "mainProcurementCategory": "services",
        "description": "This Invitation to Negotiate (ITN) is issued by West Sussex County Council on behalf of West Sussex Pension Fund (WSPF) who are seeking to appoint a single Property Investment Manager who is able to deliver their UK direct property mandate, as described in Document 02 - Specification, in accordance with the Public Contracts Regulations 2015 (PCR 2015).<br/><br/>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.<br/><br/>It is anticipated that the Contract will be awarded for an initial period of 7 years from the Contract Effective Date, with an option to extend on the same terms and conditions at WSCC's discretion by up to an additional 3 years in any combination.<br/><br/>The contract start date (Effective Date) shall be 01 January 2025 following an implementation period.<br/><br/>The estimated value of the contract over the full term (initial period and extensions) is PS15m.<br/><br/>The process will be split into the following stages:<br/><br/>Stage 1: Selection Questionnaire (SQ) submission <br/>Stage 2: Initial Tender Submission <br/>Stage 3: Negotiations and Final Tenders (up to 4 Bidders will be invited to this stage)<br/>Stage 4: Contract Award",
        "value": {
            "amount": 15000000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "This Invitation to Negotiate (ITN) is issued by West Sussex County Council on behalf of West Sussex Pension Fund (WSPF) who are seeking to appoint a single Property Investment Manager who is able to deliver their UK direct property mandate, as described in Document 02 - Specification, in accordance with the Public Contracts Regulations 2015 (PCR 2015).<br/><br/>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.<br/><br/>It is anticipated that the Contract will be awarded for an initial period of 7 years from the Contract Effective Date, with an option to extend on the same terms and conditions at WSCC's discretion by up to an additional 3 years in any combination.<br/><br/>The contract start date (Effective Date) shall be 01 January 2025 following an implementation period.<br/><br/>The estimated value of the contract over the full term (initial period and extensions) is PS15m.<br/><br/>The process will be split into the following stages:<br/><br/>Stage 1: Selection Questionnaire (SQ) submission <br/>Stage 2: Initial Tender Submission <br/>Stage 3: Negotiations and Final Tenders (up to 4 Bidders will be invited to this stage)<br/>Stage 4: Contract Award",
                "status": "active",
                "value": {
                    "amount": 15000000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "startDate": "2024-10-01T00:00:00+01:00",
                    "endDate": "2031-09-30T23:59:59+01:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "30/09/34"
                },
                "secondStage": {
                    "minimumCandidates": 3,
                    "maximumCandidates": 10
                },
                "selectionCriteria": {
                    "description": "Detailed in the tender documents on the Council's e-sourcing portal"
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "70330000",
                        "description": "Property management services of real estate on a fee or contract basis"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66141000",
                        "description": "Pension fund management services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66131100",
                        "description": "Pension investment services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKJ27"
                    },
                    {
                        "region": "UKJ27"
                    }
                ],
                "deliveryLocation": {
                    "description": "West Sussex"
                },
                "relatedLot": "1"
            }
        ],
        "communication": {
            "futureNoticeDate": "2023-12-15T00:00:00Z"
        },
        "coveredBy": [
            "GPA"
        ],
        "submissionMethod": [
            "written"
        ],
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "Detailed in the tender documents on the Council's e-sourcing portal",
                    "appliesTo": [
                        "supplier"
                    ]
                }
            ]
        },
        "documents": [
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "contractTerms": {
            "performanceTerms": "Detailed in the tender documents on the Council's e-sourcing portal"
        },
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Competitive procedure with negotiation",
        "secondStage": {
            "successiveReduction": true,
            "noNegotiationNecessary": true,
            "invitationDate": "2023-12-15T00:00:00Z"
        },
        "tenderPeriod": {
            "endDate": "2024-01-26T12:00:00Z"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ],
            "bidValidityPeriod": {
                "endDate": "2024-06-01T23:59:59+01:00"
            }
        },
        "hasRecurrence": true
    },
    "parties": [
        {
            "id": "GB-FTS-17952",
            "name": "West Sussex County Council",
            "identifier": {
                "legalName": "West Sussex County Council"
            },
            "address": {
                "streetAddress": "County Hall, West Street",
                "locality": "Chichester",
                "region": "UKJ27",
                "postalCode": "PO19 1RQ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "James Skilling",
                "email": "james.skilling@westsussex.gov.uk",
                "telephone": "+44 3302225432",
                "url": "https://atamis-7669.my.site.com/s/Welcome"
            },
            "roles": [
                "buyer",
                "reviewBody",
                "mediationBody",
                "reviewContactPoint"
            ],
            "details": {
                "url": "https://www.westsussex.gov.uk/default.aspx",
                "buyerProfile": "https://www.westsussex.gov.uk/default.aspx",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AGENCY",
                        "description": "Regional or local agency/office"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-17952",
        "name": "West Sussex County Council"
    },
    "language": "en"
}