Contract notice
Section I: Contracting
authority
I.1) Name and addresses
A2Dominion Housing Group Limited
The Point, 37 North Wharf Road
London
W2 1BD
UK
Contact person: Mr Franklin Hutchinson
Telephone: +44 2088252811
E-mail: franklin.hutchinson@a2dominion.co.uk
NUTS: UKI
Internet address(es)
Main address: http://www.a2dominion.co.uk
Address of the buyer profile: http://www.a2dominion.co.uk
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://procontract.due-north.com/
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://procontract.due-north.com/
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Housing and community amenities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Treasury Advisory Services (PC22_004)
Reference number: PC22_004
II.1.2) Main CPV code
66600000
II.1.3) Type of contract
Services
II.1.4) Short description
A2Dominion is seeking the services of suitably qualified, experienced, and knowledgeable Service Providers to support the in-house Treasury function with sound market advice and support in a range of financial matters.
This opportunity is split into 2 Lots.
Lot 1: Retained Service
• Information & Updates – regular engagement meetings and telephone support, plus daily market data, monthly counterparty credit ratings, monthly market analysis reports, valuations for standalone/embedded swaps, business planning assumption reports and any other ad hoc treasury market information and updates
• Policy and Strategy – review of policies, strategies, and annual treasury report
• Hedging Strategies – advisory service, benchmarking, and support
• Financing/Re-financing – analysis, advice, identifying opportunities
• Management – support, advice, and guidance for managing stakeholders, investors, board etc.
• Treasury – general treasury advice
• Business Plan Model Assurance – Assurance on economic assumptions, stress testing best practice
Lot 2: Framework for specialist treasury advice
• Alternative Capital Structures,
• Funding & Refinancing Strategies, advice & analysis
• Restructuring of existing loan portfolio advice
• Hedging Strategies and hedging execution
• Mergers & Acquisitions – advice & due diligence work,
• Private Placement Arranger and Advisor,
• Public Bond Issuance Arranger & Advisor
• Bank Finance - Arranger,
• Covenant / Debt Restructuring (could be under M&A and Restructuring),
• Capacity Analysis
• ESG Financing Framework
II.1.6) Information about lots
This contract is divided into lots:
Yes
Tenders may be submitted for all lots
II.2) Description
Lot No: 1
II.2.1) Title
Retained Treasury Advice Service
II.2.2) Additional CPV code(s)
66600000
II.2.3) Place of performance
NUTS code:
UKI
UKJ
UKK
II.2.4) Description of the procurement
• Information & Updates – regular engagement meetings and telephone support, plus daily market data, monthly counterparty credit ratings, monthly market analysis reports, valuations for standalone/embedded swaps, business planning assumption reports and any other ad hoc treasury market information and updates
• Policy and Strategy – review of policies, strategies, and annual treasury report
• Hedging Strategies – advisory service, benchmarking, and support
• Financing/Re-financing – analysis, advice, identifying opportunities
• Management – support, advice, and guidance for managing stakeholders, investors, board etc.
• Treasury – general treasury advice
• Business Plan Model Assurance – Assurance on economic assumptions, stress testing best practice
II.2.5) Award criteria
Criteria below:
Quality criterion: Quality
/ Weighting: 60
Price
/ Weighting:
40
II.2.6) Estimated value
Value excluding VAT:
250 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 36
This contract is subject to renewal: Yes
Description of renewals:
Optional extensions based on performance and ongoing need for the service.
The Contract(s) with the successful Service Provider(s) will each last for an initial period of 3 year(s), with up to 2 extension(s) of up to 1 year(s) each at A2D’s sole discretion, giving a total potential term of 5 years.
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
This Lot will only be awarded to 1 provider and shall run as an individual contract, not as part of the Framework Agreement.
Lot No: 2
II.2.1) Title
Framework for Specialist Treasury Advice
II.2.2) Additional CPV code(s)
66600000
II.2.3) Place of performance
NUTS code:
UKI
UKJ
UKK
II.2.4) Description of the procurement
• Alternative Capital Structures,
• Funding & Refinancing Strategies, advice & analysis
• Restructuring of existing loan portfolio advice
• Hedging Strategies and hedging execution
• Mergers & Acquisitions – advice & due diligence work,
• Private Placement Arranger and Advisor,
• Public Bond Issuance Arranger & Advisor
• Bank Finance - Arranger,
• Covenant / Debt Restructuring (could be under M&A and Restructuring),
• Capacity Analysis
• ESG Financing Framework
II.2.5) Award criteria
Criteria below:
Quality criterion: Quality
/ Weighting: 60
Price
/ Weighting:
40
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 36
This contract is subject to renewal: Yes
Description of renewals:
Optional extensions based on performance and ongoing need for the service.
The Contract(s) with the successful Service Provider(s) will each last for an initial period of 3 year(s), with up to 2 extension(s) of up to 1 year(s) each at A2D’s sole discretion, giving a total potential term of 5 years.
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
Up to 6 organisations will appointed to the Framework.
The total value has a range of £0-£500,000.
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:
FCA Registered
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.2.1) Information about a particular profession
Participation is reserved to a particular profession: Yes
III.2.2) Contract performance conditions
KPI-Linked requirements. Detailed within the Procurement Documents.
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.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement with several operators.
Envisaged maximum number of participants to the framework agreement: 6
Justification for any framework agreement duration exceeding 4 years: The rationale for having a Framework last up to 5 years is the uncertainty concerning the amount of work which will be made available under the Framework. As such, should a low level of spend be awarded within the first 4 years, then the final option to extend will be applied to provide value back to tendering organisations.
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:
17/05/2023
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
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
17/05/2023
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
Yes
Estimated timing for further notices to be published:
Upon expiration or termination of the previous contract.
VI.4) Procedures for review
VI.4.1) Review body
Public Procurement Review Service
London
UK
VI.5) Date of dispatch of this notice
17/04/2023