{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-0424e7-2024-03-11T15:31:17Z", "date": "2024-03-11T15:31:17Z", "ocid": "ocds-h6vhtk-0424e7", "description": "Please note that information relating to contractors engaged by the Northern Ireland Department of Justice, and associated bodies, is not published in any publicly accessible forum or publication. This is to protect such contractors, whose security and safety could be threatened by dissident terrorist organisations still active in Northern Ireland if their details became known. This is consistent with Regulation 50(6)(a).. . The contract values listed are broad estimates only and include additional quantum for unforeseen demand and to futureproof for additional potential. There is no guarantee of any level of business under this contract. The estimate is not deemed to be a condition of contract nor a guarantee of minimum demand or uptake. No compensation will be payable to a contractor should the actual demand be less than that stated. . . Contract Monitoring: The successful contractors' performance on this contract will be managed as per specification and regularly monitored. Contractors not delivering on contract requirements is a serious matter. It means the public purse is not getting what it is paying for. If a contractor fails to reach satisfactory levels of contract performance they will be given a specified time to improve. If, after the specified. time, they still fail to reach satisfactory levels of contract performance, the matter will be escalated to senior management in Construction and Procurement Delivery for further action. If this occurs and their performance still does not improve to satisfactory levels within the specified period, it may be regarded as an act of grave professional misconduct and they may be issued with a notice of written warning and notice of unsatisfactory performance and this contract may be terminated. The issue of a notice of written warning and notice of unsatisfactory performance will result in the contractor being excluded from all procurement competitions being undertaken by Centres of Procurement Expertise on behalf of bodies covered by the Northern Ireland Procurement Policy for a period of up to 3 years. from the date of issue of the notice.. . This project will be used to progress the Government's. wider social, economic and environmental objectives.", "initiationType": "tender", "tender": { "id": "ID 4973874", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "ID 4973874 - DoJ - NICTS - Independent Investment Advisory Service for Court Funds Office", "status": "complete", "classification": { "scheme": "CPV", "id": "66000000", "description": "Financial and insurance services" }, "mainProcurementCategory": "services", "description": "The Northern Ireland Court Funds Office (CFO) is an office within the Northern Ireland Courts and Tribunals Service (NICTS), an Agency of the Department of Justice (DOJ). The function of CFO is to administer and manage funds which are brought under court control for a variety of reasons. These include: * where money is awarded to a minor in a civil action; * where a person (a patient) is deemed to be incapable of managing their financial affairs because of mental incapacity; * where monies are lodged in satisfaction or against costs as a token of intention to proceed with litigation. CFO appoints an Investment Manager (the Manager) to provide professional investment management services in relation to the investment of these funds. The service includes making investment recommendations for a client's funds according to the circumstances of the case, operating a sponsored CREST membership for CFO and processing investment transactions as directed. This service is an advisory service only, as funds can only be invested on the direction of the court. Currently, the role of CFO is overseen by the Court Funds Judicial Liaison Group (JLG), which comprises the Accountant General, members of the judiciary and independent members. The purpose and scope of the contract is to ensure that the quality of advice provided by the Manager is adequately assessed and investment recommendations made in respect of CFO clients are robustly challenged. Please refer to the document entitled ID 4973874 Specification for further information.", "value": { "amount": 360000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "The Northern Ireland Court Funds Office (CFO) is an office within the Northern Ireland Courts and Tribunals Service (NICTS), an Agency of the Department of Justice (DOJ). The function of CFO is to administer and manage funds which are brought under court control for a variety of reasons. These include: * where money is awarded to a minor in a civil action; * where a person (a patient) is deemed to be incapable of managing their financial affairs because of mental incapacity; * where monies are lodged in satisfaction or against costs as a token of intention to proceed with litigation. CFO appoints an Investment Manager (the Manager) to provide professional investment management services in relation to the investment of these funds. The service includes making investment recommendations for a client's funds according to the circumstances of the case, operating a sponsored CREST membership for CFO and processing investment transactions as directed. This service is an advisory service only, as funds can only be invested on the direction of the court. Currently, the role of CFO is overseen by the Court Funds Judicial Liaison Group (JLG), which comprises the Accountant General, members of the judiciary and independent members. The purpose and scope of the contract is to ensure that the quality of advice provided by the Manager is adequately assessed and investment recommendations made in respect of CFO clients are robustly challenged. Please refer to the document entitled ID 4973874 Specification for further information.", "value": { "amount": 360000, "currency": "GBP" }, "contractPeriod": { "durationInDays": 2520 }, "hasRenewal": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": true, "options": { "description": "Initial period - 5 yearsOne extension option of 2 years" }, "status": "cancelled", "awardCriteria": { "criteria": [ { "name": "AC1 Lead Advisor Experience", "type": "quality", "description": "15" }, { "name": "AC2 Team Experience", "type": "quality", "description": "10" }, { "name": "AC3 Proposed Methodology", "type": "quality", "description": "20" }, { "name": "AC4 Contract Management", "type": "quality", "description": "5" }, { "name": "AC5 Social Value", "type": "quality", "description": "10" }, { "name": "AC6 Fixed annual cost", "type": "cost", "description": "28" }, { "name": "AC7 One-off piece of work - procurement", "type": "cost", "description": "4" }, { "name": "AC8 Additional services - daily rate", "type": "cost", "description": "8" } ] } } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "66140000", "description": "Portfolio management services" }, { "scheme": "CPV", "id": "66120000", "description": "Investment banking services and related services" }, { "scheme": "CPV", "id": "66150000", "description": "Financial markets administration services" }, { "scheme": "CPV", "id": "66160000", "description": "Trust and custody services" }, { "scheme": "CPV", "id": "66170000", "description": "Financial consultancy, financial transaction processing and clearing-house services" }, { "scheme": "CPV", "id": "66152000", "description": "Financial market regulatory services" } ], "deliveryAddresses": [ { "region": "UKN" }, { "region": "UKN" } ], "deliveryLocation": { "description": "Client locations within Northern Ireland as required." }, "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission", "written" ], "submissionMethodDetails": "https://etendersni.gov.uk/epps", "documents": [ { "id": "technical", "documentType": "technicalSelectionCriteria" } ], "otherRequirements": { "requiresStaffNamesAndQualifications": true }, "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2024-01-26T15:00:00Z" }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "endDate": "2024-07-24T23:59:59+01:00" } }, "awardPeriod": { "startDate": "2024-01-26T15:30:00Z" }, "bidOpening": { "date": "2024-01-26T15:30:00Z" }, "hasRecurrence": false, "contractTerms": { "electronicInvoicingPolicy": "allowed", "hasElectronicPayment": true }, "reviewDetails": "CPD complied with the Public Contracts Regulations 2015 and incorporated a standstill period (i.e a minimum of 10 calendar days) at the point information on the award of the contract was communicated to tenderers. That notification provided full information on the award decision. This provided time for the unsuccessful tenderer to challenge the award decision before the contract was entered into." }, "parties": [ { "id": "GB-FTS-100513", "name": "Northern Ireland Courts and Tribunals Service NICTS", "identifier": { "legalName": "Northern Ireland Courts and Tribunals Service NICTS" }, "address": { "streetAddress": "c/o Construction and Procurement Delivery, 303 Airport Road West", "locality": "BELFAST", "region": "UK", "postalCode": "BT3 9ED", "countryName": "United Kingdom" }, "contactPoint": { "email": "Justice.cpd@finance-ni.gov.uk", "url": "https://etendersni.gov.uk/epps" }, "roles": [ "buyer", "centralPurchasingBody" ], "details": { "url": "https://www.justice-ni.gov.uk/topics/courts-and-tribunals", "buyerProfile": "https://www.finance-ni.gov.uk/topics/procurement", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "id": "GB-FTS-21775", "name": "The UK does not have any special review body with responsibility for appeal/mediation procedures in public procurement competitions. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued.", "identifier": { "legalName": "The UK does not have any special review body with responsibility for appeal/mediation procedures in public procurement competitions. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued." }, "address": { "locality": "N/A", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] }, { "id": "GB-FTS-107380", "name": "Northern Ireland Courts and Tribunals Service", "identifier": { "legalName": "Northern Ireland Courts and Tribunals Service" }, "address": { "streetAddress": "c/o Construction and Procurement Delivery, 303 Airport Road West", "locality": "Belfast", "region": "UK", "postalCode": "BT3 9ED", "countryName": "United Kingdom" }, "contactPoint": { "email": "justice.cpd@finance-ni.gov.uk" }, "roles": [ "buyer", "centralPurchasingBody" ], "details": { "url": "https://www.justice-ni.gov.uk/topics/courts-and-tribunals", "buyerProfile": "https://www.finance-ni.gov.uk/topics/procurement", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "id": "GB-FTS-101219", "name": "Information withheld for security reasons", "identifier": { "legalName": "Information withheld for security reasons" }, "address": { "locality": "Information withheld for security reasons", "region": "UK", "postalCode": "BT3 9ED", "countryName": "United Kingdom" }, "contactPoint": { "email": "justice.cpd@finance-ni.gov.uk" }, "roles": [ "supplier" ], "details": { "url": "https://www.finance-ni.gov.uk/topics/procurement", "scale": "large" } }, { "id": "GB-FTS-22455", "name": "The UK does not have any such bodies with responsibility for appeal/mediation procedures. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued regarding alleged breaches of the PCR 2015 as amended.", "identifier": { "legalName": "The UK does not have any such bodies with responsibility for appeal/mediation procedures. Instead; any challenges are dealt with by the High Court, Commercial Division, to which proceedings may be issued regarding alleged breaches of the PCR 2015 as amended." }, "address": { "locality": "N/A", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] } ], "buyer": { "id": "GB-FTS-107380", "name": "Northern Ireland Courts and Tribunals Service" }, "language": "en", "awards": [ { "id": "007713-2024-1-1", "relatedLots": [ "1" ], "title": "Independent Investment Advisory Service for Court Funds Office", "status": "active", "suppliers": [ { "id": "GB-FTS-101219", "name": "Information withheld for security reasons" } ] } ], "contracts": [ { "id": "007713-2024-1-1", "awardID": "007713-2024-1-1", "title": "Independent Investment Advisory Service for Court Funds Office", "status": "active", "value": { "amount": 360000, "currency": "GBP" }, "dateSigned": "2024-03-08T00:00:00Z" } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 2 }, { "id": "2", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "3", "measure": "foreignBidsFromEU", "relatedLot": "1", "value": 0 }, { "id": "4", "measure": "foreignBidsFromNonEU", "relatedLot": "1", "value": 1 }, { "id": "5", "measure": "electronicBids", "relatedLot": "1", "value": 2 } ] } }