Contract notice
Section I: Contracting
authority
I.1) Name and addresses
NHS Wales Shared Services Partnership
Alder House, Alder Court, St Asaph Business Park
St Asaph
LL17 0JL
UK
Contact person: Rowena Thomas
Telephone: +44 1745448472
E-mail: rowena.thomas@wales.nhs.uk
NUTS: UK
Internet address(es)
Main address: http://www.procurement.wales.nhs.uk
Address of the buyer profile: http://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0221
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://etenderwales.bravosolution.co.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://etenderwales.bravosolution.co.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Health
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
T.0759 - Charitable Funds Investment Manager for Powys Health Board
Reference number: T.0759
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
NHS Wales Shared Services Partnership, hosted by Velindre NHS Trust and on behalf of Powys Teaching Health Board are seeking bids to engage a Charitable Funds Investment Manager.
Many of the donations and legacies received by the Charity cannot be spent immediately, as they need to be accumulated to fund the most appropriate purchases to improve patient care or a strategy devised to achieve the terms of the legacy. Therefore, in order to obtain the best return on its reserves, the Charity invests in the stock market. An investment manager is required to manage these investments, in order to maximise the return to the Charity, whilst minimising the risk.
A full specification can be found at https://etenderwales.bravosolution.co.uk.
II.1.5) Estimated total value
Value excluding VAT:
150 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
66120000
66110000
66170000
66000000
II.2.3) Place of performance
NUTS code:
UKL24
II.2.4) Description of the procurement
NHS Wales Shared Services Partnership, hosted by Velindre NHS Trust and on behalf of Powys Teaching Health Board are seeking bids to engage a Charitable Funds Investment Manager.
NHS charitable funds are defined as all monies donated to the Health Board for purposes related to the NHS and include voluntary donations, legacies and fundraising. PTHB is the legal corporate trustee of the Charity which means that whilst the Board members are responsible for the administration of the funds, they are not individually trustees of the Charity.
Many of the donations and legacies received by the Charity cannot be spent immediately, as they need to be accumulated to fund the most appropriate purchases to improve patient care or a strategy devised to achieve the terms of the legacy. Therefore, in order to obtain the best return on its reserves, the Charity invests in the stock market. An investment manager is required to manage these investments, in order to maximise the return to the Charity, whilst minimising the risk.
A full specification can be found at https://etenderwales.bravosolution.co.uk.
II.2.5) Award criteria
Criteria below:
Quality criterion: Details of the Investment Firm
/ Weighting: 10
Quality criterion: Services
/ Weighting: 15
Quality criterion: Investment Process
/ Weighting: 15
Quality criterion: Performance Tables
/ Weighting: 35
Quality criterion: General/Additional Information
/ Weighting: 5
Quality criterion: Administration and Reporting
/ Weighting: 5
Price
/ Weighting:
15
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
II.2.14) Additional information
Please refer to https://etenderwales.bravosolution.co.uk/
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
Please refer to https://etenderwales.bravosolution.co.uk/
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
05/10/2017
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until:
29/12/2017
IV.2.7) Conditions for opening of tenders
Date:
05/10/2017
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
Please refer to https://etenderwales.bravosolution.co.uk/
NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at http://www.sell2wales.gov.wales/search/search_switch.aspx?ID=70689
(WA Ref:70689)
The buyer considers that this contract is suitable for consortia bidding.
VI.4) Procedures for review
VI.4.1) Review body
NHS Wales Shared Services Partnership
4-5 Charnwood Court,, Heol Billingsley, Parc Nantgarw
Cardiff
CF15 7QZ
UK
Telephone: +44 1443848585
Internet address(es)
URL: http://www.procurement.wales.nhs.uk
VI.5) Date of dispatch of this notice
04/09/2017