{ "tag": [ "compiled" ], "id": "ocds-r6ebe6-0000516388-2019-01-16T00:00:00Z", "date": "2019-01-16T00:00:00Z", "ocid": "ocds-r6ebe6-0000516388", "initiationType": "tender", "parties": [ { "id": "org-1", "name": "The City of Edinburgh Council", "identifier": { "legalName": "The City of Edinburgh Council" }, "address": { "streetAddress": "Waverley Court, 4 East Market Street", "locality": "Edinburgh", "region": "UKM75", "postalCode": "EH8 8BG" }, "contactPoint": { "name": "Claudine Persaud", "email": "claudine.persaud@edinburgh.gov.uk", "telephone": "+44 1314693727", "url": "https://www.publiccontractsscotland.gov.uk" }, "roles": [ "buyer", "reviewBody", "mediationBody" ], "details": { "classifications": [ { "id": "Regional or local authority", "scheme": "TED_CA_TYPE" }, { "id": "01", "description": "General public services", "scheme": "COFOG" }, { "id": "Regional or Local Authorities and their arms length organisations and Marketing Edinburgh Ltd", "scheme": "TED_CA_TYPE" } ], "url": "http://www.edinburgh.gov.uk" } }, { "id": "org-3", "name": "The City of Edinburgh Council", "identifier": { "legalName": "The City of Edinburgh Council" }, "address": { "streetAddress": "Waverley Court, 4 East Market Street", "locality": "Edinburgh", "region": "UKM75", "postalCode": "EH8 8BG" }, "contactPoint": { "name": "Elaine Scott", "email": "elaine.scott@edinburgh.gov.uk", "telephone": "+44 1315292277", "url": "http://" }, "roles": [ "buyer", "centralPurchasingBody", "reviewBody", "mediationBody" ], "details": { "classifications": [ { "id": "Regional or local authority", "scheme": "TED_CA_TYPE" }, { "id": "01", "description": "General public services", "scheme": "COFOG" } ], "url": "http://www.edinburgh.gov.uk" } }, { "id": "org-255", "name": "Charles River Development", "identifier": { "legalName": "Charles River Development" }, "address": { "streetAddress": "6 Devonshire Square", "locality": "London", "region": "UK", "postalCode": "EC2M 4YE" }, "contactPoint": { "telephone": "+44 2073976848" }, "roles": [ "supplier" ], "details": { "scale": "large", "url": "http://" } } ], "buyer": { "name": "The City of Edinburgh Council", "id": "org-3" }, "tender": { "id": "CT2251", "title": "Investment Front Office Software System", "description": "The City of Edinburgh Council is administering authority of the Local Government Pension Scheme in Scotland for the Lothian area. Lothian Pension Fund (LPF) carries out specialist activities of investing assets (approximately GBP 7bn) and administering benefits of three funds on behalf of over 100 contributing employers and over 80,000 members. As part of the delivery of investment services, internal portfolio managers undertake equity and bond dealing regularly. This is currently managed using a fully manual system utilising Microsoft Excel Spreadsheets. Having adequate internal systems and controls is a requirement of the Financial Conduct Authority (FCA), particularly in the case of Lothian Pension Fund's regulated investment company, LPFI Limited. LPF therefore requires an effective and fully functioning 'Investment Front Office Software System' in order to ensure the efficiency of its investment management function, whilst at the same time satisfying regulatory requirements.", "status": "complete", "items": [ { "id": "1", "additionalClassifications": [ { "id": "48411000", "scheme": "CPV" }, { "id": "48441000", "scheme": "CPV" }, { "id": "48442000", "scheme": "CPV" } ], "deliveryAddresses": [ { "region": "UKM75" }, { "region": "UKM75" } ], "relatedLot": "1" } ], "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "mainProcurementCategory": "services", "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://www.publiccontractsscotland.gov.uk", "tenderPeriod": { "endDate": "2017-11-23T12:00:00Z" }, "awardPeriod": { "startDate": "2017-11-23T12:30:00Z" }, "documents": [ { "id": "OCT299152", "documentType": "contractNotice", "title": "Investment Front Office Software System", "description": "The City of Edinburgh Council is administering authority of the Local Government Pension Scheme in Scotland for the Lothian area. Lothian Pension Fund (LPF) carries out specialist activities of investing assets (approximately GBP 7bn) and administering benefits of three funds on behalf of over 100 contributing employers and over 80,000 members. As part of the delivery of investment services, internal portfolio managers undertake equity and bond dealing regularly. This is currently managed using a fully manual system utilising Microsoft Excel Spreadsheets. Having adequate internal systems and controls is a requirement of the Financial Conduct Authority (FCA), particularly in the case of Lothian Pension Fund's regulated investment company, LPFI Limited. LPF therefore requires an effective and fully functioning 'Investment Front Office Software System' in order to ensure the efficiency of its investment management function, whilst at the same time satisfying regulatory requirements.", "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT299152", "format": "text/html" }, { "id": "economic", "documentType": "economicSelectionCriteria" }, { "id": "technical", "documentType": "technicalSelectionCriteria" }, { "id": "OCT299152-1", "title": "ESPD", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=1", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "OCT299152-2", "title": "Tenderer's Submission Document - final v3 (24Oct17)", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=2", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "OCT299152-3", "title": "Current Process Additional Information", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=3", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "OCT299152-4", "title": "Instructions to Tenderers - final v3 (24Oct17)", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=4", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "OCT299152-5", "title": "Specification Document - final v3 (24Oct17)", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=5", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "OCT299152-6", "title": "Investment Front Office Software System - Cover Note", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=6", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "OCT299152-7", "title": "Pricing Schedule v3 (24Oct17)", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=7", "datePublished": "2017-10-26T11:10:44Z", "dateModified": "2017-10-26T11:10:44Z", "format": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet" }, { "id": "OCT299152-8", "title": "ESPD Document", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299152&idx=8", "datePublished": "2017-10-26T11:10:45Z", "dateModified": "2017-10-26T11:10:45Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JAN342454", "documentType": "awardNotice", "title": "Investment Front Office Software System", "description": "The City of Edinburgh Council is administering authority of the Local Government Pension Scheme in Scotland for the Lothian area. Lothian Pension Fund (LPF) carries out specialist activities of investing assets (approximately GBP 7bn) and administering benefits of three funds on behalf of over 100 contributing employers and over 80,000 members. As part of the delivery of investment services, internal portfolio managers undertake equity and bond dealing regularly. This is currently managed using a fully manual system utilising Microsoft Excel Spreadsheets. Having adequate internal systems and controls is a requirement of the Financial Conduct Authority (FCA), particularly in the case of Lothian Pension Fund's regulated investment company, LPFI Limited. LPF therefore requires an effective and fully functioning 'Investment Front Office Software System' in order to ensure the efficiency of its investment management function, whilst at the same time satisfying regulatory requirements.", "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN342454", "format": "text/html" } ], "lots": [ { "id": "1", "description": "The City of Edinburgh Council (The Council) is the administering authority of the Local Government Pension Scheme (LGPS) in Scotland for the Lothian area. Lothian Pension Fund (LPF), which is not a separate legal entity from the Council, carries out the specialist activities of investing the assets (approximately GBP 7bn) and administering the benefits of three funds - Lothian Pension Fund, Lothian Buses Pension Fund and Scottish Homes Pension Fund - on behalf of over 100 contributing employers and over 80,000 members. LPF also collaborates with other LGPS funds on various projects and it is anticipated that this collaborative activity will continue into the future. As part of the delivery of investment services to LPF, the internal portfolio managers undertake equity and bond dealing regularly. This is currently managed using a fully manual system utilising Microsoft Excel Spreadsheets. Dealing activity amounts to several hundred million pounds in a typical year. Collaboration with other LGPS funds increases complexity and regulatory requirements increase the compliance and oversight burden, which means that a fully featured trading and portfolio tracking tool should help to mitigate risk and improve efficiency. Annual trading volumes for LPF internal portfolios have typically ranged between 1,000 - 2,000 trades (per annum) for internal equity portfolios, and 100 - 200 bond trades (per annum) for internal bond portfolios. Typical maximum trading volume figures on a per day basis are 200 trades per day for equities, and 50 trades per day for bonds. Note that these figures are indicative only and may be subject to change in future. Having adequate internal systems and controls is a requirement of the Financial Conduct Authority (FCA), particularly in the case of Lothian Pension Fund's regulated investment company, LPFI Limited.", "status": "complete", "hasOptions": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "contractPeriod": { "durationInDays": 2520 }, "hasRenewal": true, "renewal": { "description": "The Council intends to award a contract for delivery of the service for an initial period of 4 years. Subject to satisfactory performance and potential future requirements, the Council may wish to extend delivery of the contract for up to 3 additional periods of 1 year each (a total of up to 3 additional years)." }, "awardCriteria": { "criteria": [ { "type": "quality", "name": "Quality", "description": "70" }, { "type": "price", "description": "30" } ] } } ], "bidOpening": { "date": "2017-11-23T12:30:00Z" }, "contractTerms": { "hasElectronicPayment": true, "hasElectronicOrdering": true, "electronicInvoicingPolicy": "allowed" }, "coveredBy": [ "GPA" ], "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "endDate": "2018-04-23T00:00:00Z" } }, "classification": { "id": "48100000", "scheme": "CPV" }, "reviewDetails": "A tenderer that suffers loss as a result of a breach of duty under the Public Contracts (Scotland) Regulations 2015 may bring proceedings in the Sheriff Court or the Court of Session. The City of Edinburgh Council (the Council) will have a minimum standstill period of 10 days before awarding the contract. The communication of the award decision notice will be sent by fax or e-mail to all tenderers with the standstill period commencing on the next day. If proceedings are started in the Sheriff Court or the Court of Session against the Council in respect of the decision to award the contract within the standstill period then the Council is prevented from awarding the contract. Post contract award the Sheriff Court or the Court of Session may (1) award damages provided proceedings are brought within 3 months from the date when the grounds for the bringing of the proceedings first arose (2) be entitled to issue an ineffectiveness order or impose a financial penalty on the Council. A claim for an ineffectiveness order must be made within 30 days of the Contract Award Notice being published in the OJEU or within 30 days of the date those who expressed an interest in or otherwise bid for the contract were informed of the conclusion of the contract or in any other case within 6 months from the date on which the contract was entered into.", "hasRecurrence": false, "legalBasis": { "id": "32014L0024", "scheme": "CELEX" } }, "language": "EN", "relatedProcesses": [ { "id": "1", "relationship": [ "planning" ], "scheme": "EU-OJ", "identifier": "2017/S 206-425535" } ], "description": "NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=511162. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at http://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. (SC Ref:570168)", "links": [ { "rel": "canonical", "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000516388" }, { "rel": "canonical", "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000516388" } ], "noticetype": "OJEU - F3 - Contract Award Notice", "awards": [ { "id": "CT2251", "suppliers": [ { "id": "org-255", "name": "Charles River Development" } ], "relatedLots": [ "1" ] } ], "contracts": [ { "id": "CT2251", "awardID": "CT2251", "status": "active", "value": { "amount": 3259369, "currency": "GBP" }, "dateSigned": "2018-12-27T00:00:00Z" } ], "bids": { "statistics": [ { "id": "522", "measure": "bids", "value": 3, "relatedLot": "1" }, { "id": "523", "measure": "smeBids", "value": 0, "relatedLot": "1" }, { "id": "524", "measure": "foreignBidsFromEU", "value": 0, "relatedLot": "1" }, { "id": "525", "measure": "foreignBidsFromNonEU", "value": 1, "relatedLot": "1" }, { "id": "526", "measure": "electronicBids", "value": 3, "relatedLot": "1" } ] } }