{ "tag": [ "compiled" ], "id": "ocds-r6ebe6-0000695606-2022-12-23T00:00:00Z", "date": "2022-12-23T00:00:00Z", "ocid": "ocds-r6ebe6-0000695606", "initiationType": "tender", "parties": [ { "id": "org-93", "name": "Scottish National Investment Bank", "identifier": { "legalName": "Scottish National Investment Bank" }, "address": { "streetAddress": "1-North, Waverley Gate, 2-4 Waterloo Place", "locality": "Edinburgh", "region": "UKM75", "postalCode": "EH1 3EG" }, "contactPoint": { "name": "Ken Moncrieff", "email": "Procurement@thebank.scot", "telephone": "+44 7876546332", "url": "http://www.publiccontractsscotland.gov.uk" }, "roles": [ "buyer" ], "details": { "classifications": [ { "id": "Body governed by public law", "scheme": "TED_CA_TYPE" }, { "id": "04", "description": "Economic affairs", "scheme": "COFOG" } ], "url": "http://www.thebank.scot" } }, { "id": "org-16", "name": "Sheriff Court", "identifier": { "legalName": "Sheriff Court" }, "address": { "locality": "Edinburgh" }, "contactPoint": { "url": "http://" }, "roles": [ "reviewBody" ] }, { "id": "org-26", "name": "Scottish National Investment Bank", "identifier": { "legalName": "Scottish National Investment Bank" }, "address": { "streetAddress": "1-North, Waverley Gate, 2-4 Waterloo Place", "locality": "Edinburgh", "region": "UKM75", "postalCode": "EH1 3EG" }, "contactPoint": { "name": "Procurement", "email": "Procurement@thebank.scot", "telephone": "+44 7876546332", "url": "http://" }, "roles": [ "buyer" ], "details": { "classifications": [ { "id": "Body governed by public law", "scheme": "TED_CA_TYPE" }, { "id": "04", "description": "Economic affairs", "scheme": "COFOG" } ], "url": "http://www.thebank.scot" } }, { "id": "org-27", "name": "FIS Global", "identifier": { "legalName": "FIS Global" }, "address": { "streetAddress": "25 Canada Square , Canary Wharf", "locality": "London", "region": "UK", "postalCode": "E14 5LQ" }, "contactPoint": { "telephone": "+44 7483946893" }, "roles": [ "supplier" ], "details": { "scale": "large", "url": "http://" } }, { "id": "org-28", "name": "PortF.io", "identifier": { "legalName": "PortF.io" }, "address": { "streetAddress": "1/14 Parliament Square", "locality": "Edinburgh", "region": "UKM75", "postalCode": "eh1 1rf" }, "contactPoint": { "telephone": "+44 7738180503" }, "roles": [ "supplier" ], "details": { "scale": "sme", "url": "http://" } }, { "id": "org-29", "name": "Sheriff Court", "identifier": { "legalName": "Sheriff Court" }, "address": { "locality": "Edinburgh" }, "contactPoint": { "url": "http://" }, "roles": [ "reviewBody", "mediationBody", "reviewContactPoint" ] } ], "buyer": { "name": "Scottish National Investment Bank", "id": "org-26" }, "tender": { "id": "ocds-r6ebe6-0000695606", "title": "Scottish National Investment Bank - Investment Management System", "description": "An end to end management system enabling the maintenance and monitoring of a live investment portfolio, including debt, direct equity and fund investment styles.", "status": "complete", "items": [ { "id": "1", "additionalClassifications": [ { "id": "72212411", "scheme": "CPV" } ], "deliveryAddresses": [ { "region": "UKM75" }, { "region": "UKM75" } ], "relatedLot": "1" }, { "id": "2", "additionalClassifications": [ { "id": "72212411", "scheme": "CPV" } ], "deliveryLocation": { "description": "Edinburgh" }, "deliveryAddresses": [ { "region": "UKM75" }, { "region": "UKM75" } ], "relatedLot": "2" } ], "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "mainProcurementCategory": "goods", "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "http://www.publiccontractsscotland.gov.uk", "tenderPeriod": { "endDate": "2022-07-18T12:00:00Z" }, "awardPeriod": { "startDate": "2022-07-18T12:00:00Z" }, "documents": [ { "id": "JUN451112", "documentType": "contractNotice", "title": "Scottish National Investment Bank - Investment Management System", "description": "An end to end management system enabling the maintenance and monitoring of a live investment portfolio, including debt, direct equity and fund investment styles.", "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN451112", "format": "text/html" }, { "id": "technical", "documentType": "technicalSelectionCriteria" }, { "id": "JUN451112-1", "title": "Invitation To Tender Covering Letter To Bidders", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=1", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-2", "title": "Evaluation Guide and Question Lot1", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=2", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-3", "title": "Evaluation Guide and Question Lot2", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=3", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-4", "title": "Commercial and non function requirements of Systems", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=4", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-5", "title": "IMS General Specification with Requirements and Guidance", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=5", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-6", "title": "Supplier to Complete Cyber Security Questionnaire", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=6", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-7", "title": "Bidder's Pricing To Be Submitted", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=7", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-8", "title": "Single Procurement Document SPD For Completion", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=8", "datePublished": "2022-06-13T16:20:06Z", "dateModified": "2022-06-13T16:20:06Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-9", "title": "This document contains further guidance to help ensure bids submitted comply with requirements.", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=9", "datePublished": "2022-07-07T10:36:10Z", "dateModified": "2022-07-07T10:36:10Z", "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document" }, { "id": "JUN451112-10", "title": "To aid bidders and in response to a question regarding example reports utilised, this is an example.", "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN451112&idx=10", "datePublished": "2022-07-07T14:30:55Z", "dateModified": "2022-07-07T14:30:55Z", "format": "application/pdf" }, { "id": "DEC467739", "documentType": "awardNotice", "title": "Scottish National Investment Bank - Investment Management System", "description": "An end to end management system enabling the maintenance and monitoring of a live investment portfolio, including debt, direct equity and fund investment styles.", "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC467739", "format": "text/html" } ], "lots": [ { "id": "1", "title": "Fund Administration", "description": "Background and system purpose - The Scottish National Investment Bank (the \"Bank\") is looking to procure an investment management system to maintain its live investment portfolio, c. 16 assets, GBP200m commitment to date, rising to c. 200 assets, GBP2bn+ deployed over the course of ten years. The Bank's expectation is that the assets / AUM level would be c. 100 investments / GBP1bn at the end of the Investment Management System's initial four-year contract period, with the investment count / AUM increasing smoothly over that period. The Bank's investments will comprise debt, direct equity and fund investments and blends of these instruments. The system will initially be set up to host a single legal entity, Scottish Investments Limited, which holds these assets directly, however the system should be scalable to allow for additional legal entities / investors over time. The Bank is a new entity (established November 2020) and so data migration efforts will be minimal. The system will be expected primarily to support the operations and reporting requirements of the Bank's Impact, Portfolio Management, and Investment Operations teams. Note that the Bank is looking for an optimal solution to perform both fund administration and portfolio / impact management functions. This may be achieved through the employment of one or two systems and the Bank will be looking to source the best solution in aggregate, hence the requirements are divided into 2 Lots, one for Fund Administration, and two for Portfolio Management. Bank System Architecture and user base Preference is for remote hosting / software as a service.", "status": "complete", "hasOptions": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": true, "renewal": { "description": "A 24 month extension is possible following the initial 48 months and subject to satisfactory performance and mutual agreement on terms." }, "awardCriteria": { "criteria": [ { "type": "quality", "name": "Quality", "description": "65" }, { "type": "price", "description": "35" } ] } }, { "id": "2", "title": "Portfolio Management", "description": "Background and system purpose - The Scottish National Investment Bank (the \"Bank\") is looking to procure an investment management system to maintain its live investment portfolio, c. 16 assets, GBP200m commitment to date, rising to c. 200 assets, GBP2bn+ deployed over the course of ten years. The Bank's expectation is that the assets / AUM level would be c. 100 investments / GBP1bn at the end of the Investment Management System's initial four-year contract period, with the investment count / AUM increasing smoothly over that period. The Bank's investments will comprise debt, direct equity and fund investments and blends of these instruments. The system will initially be set up to host a single legal entity, Scottish Investments Limited, which holds these assets directly, however the system should be scalable to allow for additional legal entities / investors over time. The Bank is a new entity (established November 2020) and so data migration efforts will be minimal. The system will be expected primarily to support the operations and reporting requirements of the Bank's Impact, Portfolio Management, and Investment Operations teams. Note that the Bank is looking for an optimal solution to perform both fund administration and portfolio / impact management functions. This may be achieved through the employment of one or two systems and the Bank will be looking to source the best solution in aggregate, hence the requirements are divided into 2 Lots, one for Fund Administration, and two for Portfolio Management. Bank System Architecture and user base Preference is for remote hosting / software as a service.", "status": "complete", "hasOptions": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": true, "renewal": { "description": "An extension of 24 months is permissible subject to satisfactory performance over the initial 48 months and mutual agreement on terms of this extension." }, "awardCriteria": { "criteria": [ { "type": "quality", "name": "Quality", "description": "65" }, { "type": "price", "description": "35" } ] } } ], "lotDetails": { "maximumLotsBidPerSupplier": 2, "awardCriteriaDetails": "one & two." }, "bidOpening": { "date": "2022-07-18T12:00:00Z", "address": { "streetAddress": "SNIB, Edinburgh" }, "description": "Procurement Officer" }, "contractTerms": { "hasElectronicPayment": true, "electronicInvoicingPolicy": "allowed" }, "coveredBy": [ "GPA" ], "otherRequirements": { "requiresStaffNamesAndQualifications": true }, "selectionCriteria": { "criteria": [ { "type": "economic", "description": "Bidders should note that the SPD has been adjust appropriately for this procurement. Bidders should present 2 FY statements relevant to their bid, bidders will be required to have an average yearly turnover of a minimum of GBP250,000 for each of the last 2 years. Where turnover information is not available for the time period requested, the bidder will be required to state the date which they were set up/started trading. It is a requirement of this contract that bidders hold, or can commit to obtain prior to the commence of any subsequently awarded contract, the types and levels of insurance indicated below: Employer's (Compulsory) Liability = GBP5,000,000 for each and every claim. Public Liability = GBP2,000,000 for each and every claim. Professional Indemnity = GBP5,000,000 for each and every claim. As an alternative for Bidders who started trading less than 3 years prior to the tender return date, they must demonstrate adequate financial capacity by the following evidence: A business plan for a minimum 3 year trading period setting out projected annual average turnover of no less than the threshold stated above; A statement of whether or not any full audited accounts are available for any years' trading to date and copies of those accounts; and A letter of support from their bank setting out the level of financial support available to them from their bank and for how long it is available SNIB reserve the right to accept or decline such financial status.", "minimum": "Please note it is a legal requirement that all bidders hold a minimum of GBP5 million Employers (Compulsory) Liability Insurance except those companies which are exempt in specific circumstances" } ] }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "durationInDays": 120 } }, "classification": { "id": "48411000", "scheme": "CPV" }, "hasRecurrence": true, "recurrence": { "description": "Dependant upon an extension being issued in September 2026 or not, a fresh procurement exercise may be commenced in June 2026 or during 2028." }, "legalBasis": { "id": "32014L0024", "scheme": "CELEX" } }, "language": "EN", "description": "(SC Ref:717947)", "links": [ { "rel": "canonical", "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000695606" }, { "rel": "canonical", "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000695606" } ], "noticetype": "OJEU - F3 - Contract Award Notice", "awards": [ { "id": "ocds-r6ebe6-0000695606-1", "title": "Fund Administration", "suppliers": [ { "id": "org-27", "name": "FIS Global" } ], "relatedLots": [ "1" ] }, { "id": "ocds-r6ebe6-0000695606-2", "title": "Portfolio Management", "suppliers": [ { "id": "org-28", "name": "PortF.io" } ], "relatedLots": [ "2" ] } ], "contracts": [ { "id": "ocds-r6ebe6-0000695606-1", "awardID": "ocds-r6ebe6-0000695606-1", "title": "Fund Administration", "status": "active", "value": { "amount": 390000, "currency": "GBP" }, "dateSigned": "2022-10-14T00:00:00Z" }, { "id": "ocds-r6ebe6-0000695606-2", "awardID": "ocds-r6ebe6-0000695606-2", "title": "Portfolio Management", "status": "active", "value": { "amount": 312000, "currency": "GBP" }, "dateSigned": "2022-12-07T00:00:00Z" } ], "relatedProcesses": [ { "id": "1", "relationship": [ "planning" ], "scheme": "EU-OJ", "identifier": "2022/S 022-190853" } ], "bids": { "statistics": [ { "id": "56", "measure": "bids", "value": 8, "relatedLot": "1" }, { "id": "57", "measure": "smeBids", "value": 1, "relatedLot": "1" }, { "id": "58", "measure": "foreignBidsFromEU", "value": 0, "relatedLot": "1" }, { "id": "59", "measure": "foreignBidsFromNonEU", "value": 8, "relatedLot": "1" }, { "id": "60", "measure": "electronicBids", "value": 8, "relatedLot": "1" }, { "id": "61", "measure": "bids", "value": 9, "relatedLot": "2" }, { "id": "62", "measure": "smeBids", "value": 2, "relatedLot": "2" }, { "id": "63", "measure": "foreignBidsFromEU", "value": 0, "relatedLot": "2" }, { "id": "64", "measure": "foreignBidsFromNonEU", "value": 9, "relatedLot": "2" }, { "id": "65", "measure": "electronicBids", "value": 9, "relatedLot": "2" } ] } }