--- title: "Procurement for Alternatives Due Diligence Provider" ocid: "ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76.json" source: "Contracts Finder" current_stage: "Award" buyer: "BORDER TO COAST PENSIONS PARTNERSHIP LTD" published: "2020-03-06" --- # Procurement for Alternatives Due Diligence Provider Buyer: BORDER TO COAST PENSIONS PARTNERSHIP LTD Current stage: Award OCID: ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76.json) ## Summary Border to Coast Pensions Partnership Ltd is seeking a provider for alternatives due diligence services through an open procurement process. The initiative is part of Border to Coast's strategy to manage an anticipated growth from £1.2 billion to approximately £10 billion in assets over the coming years. The tender was published on 13 August 2019, with a deadline for submissions set for 4 October 2019. The contract is set to commence on 6 January 2020 and will run until 5 January 2024. The services sought are classified under pension fund management and financial consultancy, and delivery addresses extend to the UK and other regions, including Europe and the British Overseas Territories. This tender presents significant opportunities for growth, particularly for large consulting firms with expertise in investment and operational due diligence, market research, and financial analytics. Businesses that provide compliance monitoring and portfolio analytics services could also find a competitive edge in this procurement. Firms looking to support Border to Coast's expansion strategy will benefit from the stability of a long-term contract and the potential for ongoing collaborations as the asset management scope grows. ## Notice Border to Coast has recently launched its Alternatives Private Markets structure and has commenced making capital commitments on behalf of its investors. Current assets under management are c. PS1.2bn and are expected to increase to c. PS5bn over the next 3 - 5 years and c. PS10bn over the longer term. In order to support the internal investment resources, Border to Coast is seeking an advisor/consultant to provide the following core services: - Investment Due Diligence support - Operational Due Diligence support - Market and strategy research and portfolio construction support - Investment Book of Record (IBOR) reconciliation Border to Coast is also interested in the following ancillary services from the same advisor/consultant: - Portfolio Analytics to support portfolio monitoring, analysis, cash flow forecasting and client reporting - Compliance Monitoring support - Co-Investment Due Diligence support This contract notice relates specifically to the Procurement for Alternatives Due Diligence Provider. The documentation required for the procurement process will be available via our procurement portal - Proactis at https://procontract.due-north.com/Login from the 13 August 2019. If you are not currently registered as a supplier, please do so now to access the RFP. We suggest one primary contact is used per organisation. Border to Coast hosted a webinar on 6 August 2019 at 2pm BST to discuss the service requirements in more detail and to answer questions from interested parties. Please email procurement@bordertocoast.org.uk if you want to request a recording of the webinar. The Invitation to Tender is being issued with this contract notice today on 13 August 2019. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/59ac7a9a-c3d7-4762-86ea-6176f9f5e38b | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 6 Mar 2020 | | Submission deadline | 4 Oct 2019 | | Future notice date | Not specified | | Award date | 29 Nov 2019 | | Contract period | 28 Feb 2020 - 28 Feb 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | £4,800,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BORDER TO COAST PENSIONS PARTNERSHIP LTD | | Locality | LEEDS | | Post town | Leeds | | Postcode | LS1 2HJ | | Country | England | | ITL 1 | TLE Yorkshire and The Humber | | ITL 2 | TLE4 West Yorkshire | | ITL 3 | TLE42 Leeds | | Local authority | Leeds | | Electoral ward | Little London & Woodhouse | | Westminster constituency | Leeds Central and Headingley | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ALBOURNE PARTNERS | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66141000 - Pension fund management services - 66171000 - Financial consultancy services ## Release History - 6 Mar 2020 at 13:31 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/59ac7a9a-c3d7-4762-86ea-6176f9f5e38b - 13 Aug 2019 at 11:41 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c7c674f5-1948-4d2a-8f64-77183884fa54 - 13 Aug 2019 at 11:32 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/54d8abd4-974c-4d10-a3b7-3720af9b93a3 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/59ac7a9a-c3d7-4762-86ea-6176f9f5e38b 6th March 2020 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/c7c674f5-1948-4d2a-8f64-77183884fa54 13th August 2019 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/54d8abd4-974c-4d10-a3b7-3720af9b93a3 13th August 2019 - Opportunity notice on Contracts Finder ## Notice URLs - https://procontract.due-north.com/Login - https://www.bordertocoast.org.uk/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9d8a8b66-8c48-42ee-936d-14e6323bdf76.json.