Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Greater Manchester Combined Authority
Greater Manchester Fire and Rescue Service Headquarters, 146 Bolton Road, Swinton
Salford
M27 8US
UK
Contact person: Ms Bushra Dawood
Telephone: +44 1616084120
E-mail: dawoodb@manchesterfire.gov.uk
NUTS: UK
Internet address(es)
Main address: http://www.manchesterfire.gov.uk/
Address of the buyer profile: http://www.manchesterfire.gov.uk/
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 Investment Adviser, Operator and Administrator Services for the Low Carbon Fund
Reference number: DN453447
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
The GMCA are looking to procure an Investment adviser.
(a) developing the pipeline of potential projects;
(b) arranging the investment in and leading the negotiation and structuring of financial deals which fit within the Investment Policy;
(c) monitoring compliance and risk in accordance with applicable requirements and the eligibility rules, including the pursuit;
(d) managing and arranging relevant investments in order to meet the targets; and
(e) recommending and managing appropriate exit strategies from relevant investments.
Full details on scope of the requirement can be found in the tender pack.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
690 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
The GMCA are looking to procure an Investment adviser.
(a) developing the pipeline of potential projects;
(b) arranging the investment in and leading the negotiation and structuring of financial deals which fit within the Investment Policy;
(c) monitoring compliance and risk in accordance with applicable requirements and the eligibility rules, including the pursuit;
(d) managing and arranging relevant investments in order to meet the targets; and
(e) recommending and managing appropriate exit strategies from relevant investments.
Full details on scope of the requirement can be found in the tender pack.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 60 %
Price
/ Weighting:
40 %
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:
Yes
II.2.14) Additional information
Further information about this procurement process can be found in the procurement documents located in the Chest (see VI.3).
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.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2019/S 247-609512
Section V: Award of contract
Contract No: GMCA 231 DN453447
Title: Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
06/03/2020
V.2.2) Information about tenders
Number of tenders received: 2
Number of tenders received from SMEs: 2
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CBRE Indrirect Investment Services Ltd
2535405
St Martins Court, 10 Patermoster Row
London
EC4M 7HP
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 690 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Greater Manchester Combined Authority
Salford
UK
VI.5) Date of dispatch of this notice
31/03/2020