Contract notice
Section I: Contracting
authority
I.1) Name and addresses
The Board of the Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 8456002541
E-mail: commercial.services@ppf.co.uk
NUTS: UK
Internet address(es)
Main address: https://ppf.co.uk/
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://ppf.bravosolution.co.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://ppf.bravosolution.co.uk
Tenders or requests to participate must be sent to the abovementioned address
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://ppf.bravosolution.co.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Long Term Risk Model (LTRM) 2
II.1.2) Main CPV code
72220000
II.1.3) Type of contract
Services
II.1.4) Short description
The contract for the provision of a revamped Long term risk model (LTRM 2) (‘The Solution’) is being tendered by the Pension Protection PPF (’The PPF’) in accordance with the Public Contracts Regulations 2015 under the competitive procedure with negotiation. Full details of the PPF's requirements can be found in the SQ and ITN Guidance Document available to download from https://ppf.bravosolution.co.uk
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
72210000
72211000
72230000
72240000
II.2.3) Place of performance
NUTS code:
UKI62
II.2.4) Description of the procurement
The contract for the provision of a revamped Long Term Risk Model (LTRM 2) (’The Solution’) is being tendered by the Pension Protection PPF (‘The PPF’) in accordance with the Public Contracts Regulations 2015 under the competitive procedure with negotiation. Full details of the PPF's requirements can be found in the SQ and ITN guidance document available to download from https://ppf.bravosolution.co.uk
The PPF intends to hold a bidders’ briefing session this session will not form part of the negotiation phase itself but will be used to allow bidders to resolve and ask questions regarding the PPF’s requirements, the procurement documents and procurement process.
The date set for the Bidders’ Briefing is Monday 12th August 13.00 to 16.00 at Renaissance House, 12 Dingwall road, Croydon, CR0 2NA. Bidders are asked to attend with no more than 2 attendees. You must confirm attendees (name and job title) by Friday 9th August via the messaging system on the e-Tendering Portal in order for PPF to make arrangements for the briefing.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 12
This contract is subject to renewal: Yes
Description of renewals:
Depending on the proposed solution, the contract will commence on the 1.11.2019 (the ‘services commencement date’) and will be awarded for a period of one (1) year, or until the solution has been delivered, (‘the Initial contract term’).
Dependent on the nature of the solution selected, the contract may be extended on the same terms and conditions at the PPF’s option for a further period.
II.2.9) Information about the limits on the number of candidates to be invited
Envisaged minimum number: 3
Objective criteria for choosing the limited number of candidates:
Following submission of the standard selection questionnaire and invitation to negotiate the PPF intends to down select to the top three scoring bidders following assessment of their ITN proposals. Although the PPF reserves the right (at its sole discretion) to vary the number to maintain an appropriate degree of competition for the remainder of the procurement process, specifically, where the difference between the 3rd and 4th bidder is not material.
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
Full details of the PPF's requirements can be found in the SQ and ITN guidance document available to download from https://ppf.bravosolution.co.uk
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
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
Competitive procedure with negotiation
IV.1.4) Information about reduction of the number of solutions or tenders during negotiation or dialogue
Recourse to staged procedure to gradually reduce the number of solutions to be discussed or tenders to be negotiated
IV.1.5) Information about negotiation
The contracting authority reserves the right to award the contract on the basis of the initial tenders without conducting negotiations
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:
02/09/2019
Local time: 09:00
IV.2.3) Estimated date of dispatch of invitations to tender or to participate to selected candidates
Date:
31/07/2019
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: 6 (from the date stated for receipt of tender)
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
VI.4) Procedures for review
VI.4.1) Review body
The Board of the Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 08456002541
E-mail: commercial.services@ppf.co.uk
Internet address(es)
URL: https://www.ppf.bravosolution.co.uk
VI.5) Date of dispatch of this notice
01/08/2019