{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-0453e2-2025-01-06T11:18:46Z", "date": "2025-01-06T11:18:46Z", "ocid": "ocds-h6vhtk-0453e2", "initiationType": "tender", "tender": { "id": "EX23875", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "ACCESS Private Equity Allocators", "status": "complete", "classification": { "scheme": "CPV", "id": "66131100", "description": "Pension investment services" }, "mainProcurementCategory": "services", "description": "The Authority is seeking to appoint up to two Private Equity Allocators to manage and grow the Private Equity Mandates of the ACCESS Pool members. Two allocators will be appointed unless only one supplier is capable of meeting the requirements set out in the ITT, in which case the Authority reserves the right to appoint only a single supplier. This procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool. The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.", "value": { "amount": 2000000000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates. The procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion. The duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.", "value": { "amount": 2000000000, "currency": "GBP" }, "contractPeriod": { "durationInDays": 10800 }, "hasRenewal": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": true, "options": { "description": "The Private Equity Allocator Contracts will be for a term of 30 years but subject to a 5 yearly review cycle." }, "status": "cancelled", "awardCriteria": { "criteria": [ { "type": "price" } ] } } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UKF2" }, { "region": "UKH" }, { "region": "UKJ" }, { "region": "UKF2" }, { "region": "UKH" }, { "region": "UKJ" } ], "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://in-tendhost.co.uk/hampshire/aspx/Home", "documents": [ { "id": "economic", "documentType": "economicSelectionCriteria" }, { "id": "technical", "documentType": "technicalSelectionCriteria" } ], "procurementMethod": "selective", "procurementMethodDetails": "Restricted procedure", "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2024-05-24T14:00:00+01:00" }, "secondStage": { "invitationDate": "2024-06-17T00:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "durationInDays": 120 } }, "hasRecurrence": false, "contractTerms": { "electronicInvoicingPolicy": "allowed", "hasElectronicPayment": true } }, "parties": [ { "id": "GB-FTS-14289", "name": "HAMPSHIRE COUNTY COUNCIL", "identifier": { "legalName": "HAMPSHIRE COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "The Castle", "locality": "WINCHESTER", "region": "UKJ36", "postalCode": "SO238UJ", "countryName": "United Kingdom" }, "contactPoint": { "name": "Samantha Pullinger", "telephone": "+44 1962847826-847826", "email": "samantha.pullinger@hants.gov.uk", "url": "https://in-tendhost.co.uk/hampshire/aspx/Home" }, "roles": [ "buyer" ], "details": { "url": "http://www.hants.gov.uk", "buyerProfile": "https://www.accesspool.org/", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "id": "GB-FTS-111485", "name": "Hartfordshire County Council", "identifier": { "legalName": "Hartfordshire County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Hartford", "region": "UKH23", "countryName": "United Kingdom" }, "contactPoint": { "email": "contact@hertfordshire.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.hertfordshire.gov.uk/home.aspx" } }, { "id": "GB-FTS-60326", "name": "Isle of Wight Council", "identifier": { "legalName": "Isle of Wight Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Isle of Wight", "region": "UKJ34", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@iow.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.iow.gov.uk/" } }, { "id": "GB-FTS-1195", "name": "Kent County Council", "identifier": { "legalName": "Kent County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Maidstone", "region": "UKJ4", "countryName": "United Kingdom" }, "contactPoint": { "email": "county.hall@kent.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.kent.gov.uk/" } }, { "id": "GB-FTS-1374", "name": "Norfolk County Council", "identifier": { "legalName": "Norfolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Norwich", "region": "UKH15", "countryName": "United Kingdom" }, "contactPoint": { "email": "DPCST@norfolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.norfolk.gov.uk/" } }, { "id": "GB-FTS-77238", "name": "Suffolk County Council", "identifier": { "legalName": "Suffolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Ipswitch", "region": "UKH14", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@suffolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.suffolk.gov.uk/" } }, { "id": "GB-FTS-25010", "name": "West Northamptonshire Council", "identifier": { "legalName": "West Northamptonshire Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Northampton", "region": "UKF24", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries.nbc@westnorthants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westnorthants.gov.uk/" } }, { "id": "GB-FTS-9948", "name": "West Sussex County Council", "identifier": { "legalName": "West Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chichester", "region": "UKJ27", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement@westsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westsussex.gov.uk/" } }, { "id": "GB-FTS-12201", "name": "East Sussex County Council", "identifier": { "legalName": "East Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Lewes", "region": "UKJ22", "countryName": "United Kingdom" }, "contactPoint": { "email": "purchasing.queries@eastsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.eastsussex.gov.uk/" } }, { "id": "GB-FTS-1060", "name": "Cambridgeshire County Council", "identifier": { "legalName": "Cambridgeshire County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Cambridge", "region": "UKH12", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurementandcommercial@cambridgeshire.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.cambridgshire.gov.uk/" } }, { "id": "GB-FTS-3523", "name": "Essex County Council", "identifier": { "legalName": "Essex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chelmsford", "region": "UKH3", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement.team@essex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.essex.gov.uk/" } }, { "id": "GB-FTS-19982", "name": "High Courts of England & Wales", "identifier": { "legalName": "High Courts of England & Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] }, { "id": "GB-FTS-1879", "name": "HAMPSHIRE COUNTY COUNCIL", "identifier": { "legalName": "HAMPSHIRE COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "The Castle", "locality": "WINCHESTER", "region": "UKJ36", "postalCode": "SO238ZB", "countryName": "United Kingdom" }, "contactPoint": { "name": "Samantha Pullinger", "telephone": "+44 1962847826-847826", "email": "samantha.pullinger@hants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.hants.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-COH-3288300", "name": "Adams Street Partners LLC", "identifier": { "legalName": "Adams Street Partners LLC", "id": "3288300", "scheme": "GB-COH" }, "address": { "streetAddress": "7th Floor, One Great Cumberland Place", "locality": "London", "region": "UKI", "postalCode": "W1H 7A", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-COH-2512083", "name": "HarbourVest Partners (U.K.) Limited", "identifier": { "legalName": "HarbourVest Partners (U.K.) Limited", "id": "2512083", "scheme": "GB-COH" }, "address": { "streetAddress": "20 Air Street", "locality": "London", "region": "UKI", "postalCode": "W1B 5AN", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } } ], "buyer": { "id": "GB-FTS-1879", "name": "HAMPSHIRE COUNTY COUNCIL" }, "language": "en", "description": "Please note that the contract values for Contracts A and B are notional based on a 50:50 split of the total value available. It is possible that one supplier will receive more work, and therefore earn more in fees, than the other.", "awards": [ { "id": "000165-2025-1", "relatedLots": [ "1" ], "title": "ACCESS Private Equity Allocator - Contract A", "status": "active", "suppliers": [ { "id": "GB-COH-3288300", "name": "Adams Street Partners LLC" } ] }, { "id": "000165-2025-2", "relatedLots": [ "1" ], "title": "ACCESS Private Equity Allocator - Contract B", "status": "active", "suppliers": [ { "id": "GB-COH-2512083", "name": "HarbourVest Partners (U.K.) Limited" } ] } ], "contracts": [ { "id": "000165-2025-1", "awardID": "000165-2025-1", "title": "ACCESS Private Equity Allocator - Contract A", "status": "active", "value": { "amount": 1000000000, "currency": "GBP" }, "dateSigned": "2024-12-16T00:00:00Z" }, { "id": "000165-2025-2", "awardID": "000165-2025-2", "title": "ACCESS Private Equity Allocator - Contract B", "status": "active", "value": { "amount": 1000000000, "currency": "GBP" }, "dateSigned": "2024-12-16T00:00:00Z" } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 8 }, { "id": "4", "measure": "bids", "relatedLot": "1", "value": 8 }, { "id": "2", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "5", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "3", "measure": "electronicBids", "relatedLot": "1", "value": 8 }, { "id": "6", "measure": "electronicBids", "relatedLot": "1", "value": 8 } ] } }