{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-044dbf-2024-04-30T16:18:10+01:00", "date": "2024-04-30T16:18:10+01:00", "ocid": "ocds-h6vhtk-044dbf", "initiationType": "tender", "tender": { "id": "DN716281", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "For the provision of Fund Investment Adviser, Operator and Administrator Services for the Evergreen, Evergreen 2 and Low Carbon Funds", "status": "active", "classification": { "scheme": "CPV", "id": "66000000", "description": "Financial and insurance services" }, "mainProcurementCategory": "services", "description": "Extension to 7th May 2024 5.00pm", "lotDetails": { "maximumLotsAwardedPerSupplier": 2, "awardCriteriaDetails": "The successful bidder/s can be awarded one or both lots" }, "lots": [ { "id": "Lot 1", "title": "The Investment Adviser and Operator Agreement for Evergreen, and (ii) the Investment Adviser and Operator Agreement for Evergreen 2.", "description": "This Invitation to Tender document is issued via The Chest, the North West Procurement portal, and can be accessed using the following link www.the-chest.org.uk. Contract term 48 months with 2 x 12 month permissible extensions The scope of the Services may expand and / or contract over the term of the contract(s) to reflect changes to the funding that is made available. Such changes may include, in particular: (a) increases of up to a maximum 100% of the value of the funds that are made available to the Evergreen and Evergreen 2 and Low Carbon sub-funds (from ERDF funds and/or other funding sources). The currently available funds are PS60m for Evergreen, PS60m for Evergreen 2 and PS30m for Low Carbon. An increase of up to 100% of the value of the sub-funds would take the sub-fund values up to a maximum amount of PS120m for Evergreen and PS120m for Evergreen 2; and PS60m for Low Carbon, (b) the reallocation of available funds between the Evergreen 2 and Low Carbon sub-funds (as appropriate) based on factors impacting the performance of the relevant sub-fund including, but not limited to, the successful Tenderer's performance and/or available pipeline. Tenderers should ensure that they are capable of performing the expanded and / or contracted Services and that the pricing submission in the Tender for the Lot (to become the contractual pricing) will apply equally to any expanded and / or contracted scope (on a pro rata basis, where applicable). Full tender documentation including invitation to tender, specifications, contingent loan agreements, Buyers terms and conditions of contract and background to fund documents can be accessed through the chest e procurement portal https://www.the-chest.org.uk/", "awardCriteria": { "criteria": [ { "name": "Quality Criteria", "type": "quality", "description": "70%" }, { "name": "Presentation Interview = Pass/Fail", "type": "quality", "description": "P/F" }, { "type": "price", "description": "30%" } ] }, "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": true, "renewal": { "description": "Maximum 2 x 12 month extensions" }, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": false, "status": "active" }, { "id": "2", "title": "For the provision of Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Funds", "description": "This Invitation to Tender document is issued via The Chest, the North West Procurement portal, and can be accessed using the following link www.the-chest.org.uk. Contract term 48 months with 2 x 12 month permissible extensions The scope of the Services may expand and / or contract over the term of the contract(s) to reflect changes to the funding that is made available. Such changes may include, in particular: (a) increases of up to a maximum 100% of the value of the funds that are made available to the Evergreen and Evergreen 2 and Low Carbon sub-funds (from ERDF funds and/or other funding sources). The currently available funds are PS60m for Evergreen, PS60m for Evergreen 2 and 30m for Low Carbon. An increase of up to 100% of the value of the sub-funds would take the sub-fund values up to a maximum amount of PS120m for Evergreen and PS120m for Evergreen 2; and PS60mfor Low Carbon, (b) the reallocation of available funds between the Evergreen 2 and Low Carbon sub-funds (as appropriate) based on factors impacting the performance of the relevant sub-fund including, but not limited to, the successful Tenderer's performance and/or available pipeline. Tenderers should ensure that they are capable of performing the expanded and / or contracted Services and that the pricing submission in the Tender for the Lot (to become the contractual pricing) will apply equally to any expanded and / or contracted scope (on a pro rata basis, where applicable). Full tender documentation including invitation to tender, specifications, contingent loan agreements, Buyers terms and conditions of contract and background to fund documents can be accessed through the chest e procurement portal https://www.the-chest.org.uk/", "awardCriteria": { "criteria": [ { "name": "Quality Evaluation", "type": "quality", "description": "70%" }, { "name": "Presentation/Interview = Pass/Fail", "type": "quality", "description": "P/F" }, { "type": "price", "description": "30%" } ] }, "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": true, "renewal": { "description": "Maximum 2 x 12 month extensions" }, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": false, "status": "active" } ], "items": [ { "id": "Lot 1", "additionalClassifications": [ { "scheme": "CPV", "id": "66000000", "description": "Financial and insurance services" } ], "deliveryAddresses": [ { "region": "UK" } ], "relatedLot": "Lot 1" }, { "id": "2", "additionalClassifications": [ { "scheme": "CPV", "id": "66000000", "description": "Financial and insurance services" } ], "deliveryAddresses": [ { "region": "UK" } ], "relatedLot": "2" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://www.the-chest.org.uk/", "documents": [ { "id": "economic", "documentType": "economicSelectionCriteria" }, { "id": "technical", "documentType": "technicalSelectionCriteria" } ], "otherRequirements": { "requiresStaffNamesAndQualifications": true }, "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2024-05-03T12:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "durationInDays": 90 } }, "awardPeriod": { "startDate": "2024-05-03T12:05:00+01:00" }, "bidOpening": { "date": "2024-05-03T12:05:00+01:00" }, "hasRecurrence": true, "contractTerms": { "electronicInvoicingPolicy": "allowed", "hasElectronicPayment": true }, "reviewDetails": "Precise information on deadline(s) for review procedures: The Greater Manchester Combined Authority will incorporate a minimum 10 calendar days standstill period at the point information on the award of the contract is communicated to tenderers prior to entering into the contract. If an appeal regarding the award of a contract has not been successfully resolved the Public Contracts Regulations 2015 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). Any such action must be brought promptly. Where a contract has not been entered into, the Court may order the setting aside of the award decision or order the Authority to amend any document and may award damages. If the contract has been entered into the Court may, depending on the circumstances, award damages and/or shorten or order the contract ineffective.", "amendments": [ { "id": "1", "unstructuredChanges": [ { "oldValue": { "date": "2024-05-03T17:00:00+01:00" }, "newValue": { "date": "2024-05-07T17:00:00+01:00" }, "where": { "section": "IV.2.2" } } ] } ] }, "parties": [ { "id": "GB-FTS-531", "name": "Greater Manchester Combined Authority", "identifier": { "legalName": "Greater Manchester Combined Authority" }, "address": { "streetAddress": "Greater Manchester Fire and Rescue Service Headquarters, 146 Bolton Road, Swinton", "locality": "Salford", "region": "UK", "postalCode": "M27 8US", "countryName": "United Kingdom" }, "contactPoint": { "name": "Ms Jayne Whitehead", "telephone": "+44 7966025144", "email": "jayne.whitehead@greatermanchester-ca.gov.uk", "url": "https://www.the-chest.org.uk/" }, "roles": [ "buyer" ], "details": { "url": "http://www.manchesterfire.gov.uk/", "buyerProfile": "http://www.manchesterfire.gov.uk/", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "id": "GB-FTS-172", "name": "European Union", "roles": [ "funder" ] }, { "id": "GB-FTS-109303", "name": "Greater Manchester Combined Authority", "identifier": { "legalName": "Greater Manchester Combined Authority" }, "address": { "streetAddress": "Greater Manchester Fire and Rescue Service Headquarters,146 Bolton Road, Swinton", "locality": "Manchester", "postalCode": "M27 8US", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] } ], "buyer": { "id": "GB-FTS-531", "name": "Greater Manchester Combined Authority" }, "planning": { "budget": { "finance": [ { "id": "1", "description": "ERDF", "financingParty": { "name": "European Union", "id": "GB-FTS-172" }, "relatedLots": [ "Lot 1" ] }, { "id": "2", "description": "EDRF", "financingParty": { "name": "European Union", "id": "GB-FTS-172" }, "relatedLots": [ "2" ] } ] } }, "language": "en" }