Contract notice
Section I: Contracting
authority
I.1) Name and addresses
Ambition North Wales
Government Buildings, Sarn Mynach,
Llandudno Junction
LL31 9RZ
UK
Contact person: Mrs Sara Jones
Telephone: +44 7765652510
E-mail: sarajones@uchelgaisgogledd.cymru
NUTS: UKL12
Internet address(es)
Main address: https://ambitionnorth.wales/
Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0361
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.sell2wales.gov.wales/
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://www.sell2wales.gov.wales/
Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at:
https://www.sell2wales.gov.wales/
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Fund Advisory Services for Ambition North Wales Clean Energy Fund
Reference number: SLEF - FSA - ER01
II.1.2) Main CPV code
73000000
II.1.3) Type of contract
Services
II.1.4) Short description
Ambition North Wales (ANW) is seeking to procure a Fund Advisor for two distinct stages of work. The first stage will involve assisting ANW with preparation for launch and will include input in the following key areas:
Market intelligence input into the Investment Strategy and associated priorities to support finalisation of this Strategy;
Developing a marketing strategy and a launch plan;
Input into the ANW fund management plan, which can be defined as: a document which sets out the operational procedures for the Fund for it to be established, managed effectively, and deliver against the objectives for the Fund. It will provide an overview of the key activities of the Fund over the medium term, covering the set up and then ongoing operation and management of the Fund;
Scoping the support required to enable an online application process channelled through ANW website; and
Scoping any legal input or other external advisory support required for launch of the fund.
The second stage will provide advisory support to operate the fund during the deployment period and it is envisaged this will be over a minimum 5-year contract period. The advisor will be responsible for sourcing investments, undertaking due diligence, developing investment business cases, and recommending investments for approval and then providing regular progress and monitoring reports on the performance of investments and the portfolio of the Fund.
It should be noted that the investment strategy is a live document that has built-in flexibility to change throughout the life of the fund in response to changing market demand and conditions.
II.1.5) Estimated total value
Value excluding VAT:
810 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
73000000
73200000
73210000
73220000
73300000
II.2.3) Place of performance
NUTS code:
UKL11
UKL12
UKL13
UKL23
Main site or place of performance:
Across North Wales
II.2.4) Description of the procurement
Open Tender
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
810 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: Yes
Description of renewals:
Potential for 2 year extension
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:
Yes
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
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:
Experience, skills, and any additional role requirements:
Expertise and demonstrable experience in developing and mobilising investment strategies and funds similar to the fund proposed by Ambition North Wales (similar in terms of funding products and funding recipients).
Expertise and demonstrable experience in operating and managing funds similar to the Fund proposed by Ambition North Wales (similar in terms of funding products and funding recipients).
Expertise and demonstrable experience in leveraging additional funding and investment from a range of public/private sources.
Expertise and demonstrable experience in promoting and marketing funds similar to the Fund proposed by Ambition North Wales.
Expertise and demonstrable experience in undertaking financial and technical due diligence of funding applications.
Expertise and demonstrable experience in monitoring performance at investment and portfolio level against key Fund spending objectives and targeted benefits.
An understanding of renewable energy technologies and other clean energy solutions relevant to current UK and Welsh Government Energy and infrastructure strategies.
Previous experience of working with Devolved Administrations, Growth Deals, City Deals, Local Enterprise Partnerships, Local Authorities or Combined Authorities.
Qualified and experienced team with effective interpersonal and communication skills.
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
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing 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:
No
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
28/07/2023
Local time: 15:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
CY
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until:
22/12/2023
IV.2.7) Conditions for opening of tenders
Date:
28/07/2023
Local time: 15:30
Place:
Ambition North Wales
Information about authorised persons and opening procedure:
Lead Officers
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.2) Information about electronic workflows
Electronic invoicing will be accepted
VI.3) Additional information
NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at http://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=132574.
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.sell2wales.gov.wales/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.
(WA Ref:132574)
The buyer considers that this contract is suitable for consortia.
VI.4) Procedures for review
VI.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
UK
Telephone: +44 2079477501
VI.5) Date of dispatch of this notice
27/06/2023