Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
University of Nottingham
University park
Nottingham
NG7 2RD
UK
Contact person: Leanne Bryant
E-mail: leanne.bryant@nottingham.ac.uk
NUTS: UKF14
Internet address(es)
Main address: https://www.nottingham.ac.uk
Address of the buyer profile: https://in-tendhost.co.uk/universityofnottingham
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Investment Manager
Reference number: PROC LSB ITT/953
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
The University of Nottingham wishes to undertake a review of the management of its investment portfolio. The investment portfolio constitutes the University’s permanent endowment assets and is currently valued at approximately GBP 53 000 000. In addition to the permanent endowment portfolio the University also holds a medium term investment fund which is currently valued at approximately GBP 10 000 000. Both market valuations are as at December 2019 and are expected to grow steadily overtime. There are no significant endowment assets (cash or direct property) held outside the investment portfolio.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
1 500 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66100000
66120000
II.2.3) Place of performance
NUTS code:
UKF14
Main site or place of performance:
II.2.4) Description of the procurement
The University of Nottingham wishes to undertake a review of the management of its investment portfolio. The investment portfolio constitutes the University’s permanent endowment assets and is currently valued at approximately GBP 53 000 000. In addition to the permanent endowment portfolio the University also holds a medium term investment fund which is currently valued at approximately GBP 10 000 000. Both market valuations are as at December 2019 and are expected to grow steadily overtime. There are no significant endowment assets (cash or direct property) held outside the investment portfolio. The Most Economically Advantageous Tender (MEAT) will be awarded the contract.
II.2.5) Award criteria
Quality criterion: Breakdown of quality criteria as per tender documentation
/ Weighting: 75
Price
/ Weighting:
25
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
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.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2020/S 046-109689
Section V: Award of contract
Lot No: 1
Title: Investment Manager (endowment)
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
12/03/2021
V.2.2) Information about tenders
Number of tenders received: 20
Number of tenders received from SMEs: 0
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: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Schroder & Co limited trading as Cazenove Capital
1 London Wall Place
London
EC2Y 5AU
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 1 150 200.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
High Court
Strand
London
UK
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
VI.5) Date of dispatch of this notice
27/04/2021