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Contract Notice

Procurement for Alternatives Due Diligence Provider

  • First published: 16 August 2019
  • Last modified: 16 August 2019
  • Version: N/A
  • This file may not be fully accessible.

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Contents

Summary

OCID:
Published by:
Border to Coast Pensions Partnership Limited
Authority ID:
AA64912
Publication date:
16 August 2019
Deadline date:
04 October 2019
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Border to Coast has recently launched its alternatives private markets structure and has commenced making capital commitments on behalf of its investors. Current assets under management are c. 1 200 000 000 GBP and are expected to increase to c. 5 000 000 000 GBP over the next 3-5 years and c. 10 000 000 000 GBP over the longer term.

In order to support the internal investment resources, border to coast is seeking an advisor/consultant to provide the following core services:

— investment due diligence support,

— operational due diligence support,

— market and strategy research and portfolio construction support,

— investment book of record (IBOR) reconciliation.

Border to coast is also interested in the following ancillary services from the same advisor/consultant:

— portfolio analytics to support portfolio monitoring, analysis, cash flow forecasting and client reporting,

— compliance monitoring support,

— co-investment due diligence support.

This contract notice relates specifically to the procurement for alternatives due diligence provider.

The documentation required for the procurement process will be available via our procurement portal from the 13.8.2019. If you are not currently registered as a supplier, please do so now to access the RFP. We suggest one primary contact is used per organisation.

Border to coast hosted a webinar on 6.8.2019 at 2.00 p.m. BST to discuss the service requirements in more detail and to answer questions from interested parties. Please email procurement@bordertocoast.org.uk if you want to request a recording of the webinar.

The invitation to tender is being issued with this contract notice today on 13.8.2019.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Border to Coast Pensions Partnership Ltd

N/A

5th Floor, Toronto Square, Toronto Street

Leeds

LS1 2HJ

UK

Contact person: procurement@bordertocoast.org.uk

Telephone: +44 1134872479

E-mail: procurement@bordertocoast.org.uk

NUTS: UK

Internet address(es)

Main address: https://www.bordertocoast.org.uk/

Address of the buyer profile: https://www.bordertocoast.org.uk/

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://procontract.due-north.com/Register


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://procontract.due-north.com/Register


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

Procurement for Alternatives Due Diligence Provider

Reference number: DN425874

II.1.2) Main CPV code

66171000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Procurement for alternatives due diligence provider.

Reference Number: DN425874.

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV code(s)

66141000

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

Border to Coast has recently launched its alternatives private markets structure and has commenced making capital commitments on behalf of its investors. Current assets under management are c. 1 200 000 000 GBP and are expected to increase to c. 5 000 000 000 GBP over the next 3-5 years and c. 10 000 000 000 GBP over the longer term.

In order to support the internal investment resources, border to coast is seeking an advisor/consultant to provide the following core services:

— investment due diligence support,

— operational due diligence support,

— market and strategy research and portfolio construction support,

— investment book of record (IBOR) reconciliation.

Border to coast is also interested in the following ancillary services from the same advisor/consultant:

— portfolio analytics to support portfolio monitoring, analysis, cash flow forecasting and client reporting,

— compliance monitoring support,

— co-investment due diligence support.

This contract notice relates specifically to the procurement for alternatives due diligence provider.

The documentation required for the procurement process will be available via our procurement portal from the 13.8.2019. If you are not currently registered as a supplier, please do so now to access the RFP. We suggest one primary contact is used per organisation.

Border to coast hosted a webinar on 6.8.2019 at 2.00 p.m. BST to discuss the service requirements in more detail and to answer questions from interested parties. Please email procurement@bordertocoast.org.uk if you want to request a recording of the webinar.

The invitation to tender is being issued with this contract notice today on 13.8.2019.

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: 48

This contract is subject to renewal: Yes

Description of renewals:

The initial contract is for a period of 4 years and is subject to an option to renew for 2 further periods of 2 years each.

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 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 148-364528

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 04/10/2019

Local time: 12:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.7) Conditions for opening of tenders

Date: 04/10/2019

Local time: 12:00

Place:

Border to Coast Pensions Partnership Ltd Registered Offices

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: No

VI.4) Procedures for review

VI.4.1) Review body

Border to Coast Pensions Partnership Ltd

5th Floor, Toronto Square, Toronto Street

Leeds

LS1 2HJ

UK

Telephone: +44 1134872479

E-mail: procurement@bordertocoast.org.uk

VI.5) Date of dispatch of this notice

13/08/2019

Coding

Commodity categories

ID Title Parent category
66171000 Financial consultancy services Financial consultancy, financial transaction processing and clearing-house services
66141000 Pension fund management services Portfolio management services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@bordertocoast.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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