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Notice Details

Title: Regulated third party operator to provide a series of collective vehicles for the Wales LGPS
Published by: Flintshire County Council
Publication Date: 10/12/2016
Deadline Date:
Deadline Time:
Notice Type: 01 Prior Information Notice (PIN)
Has Documents: Yes
Has ESPD: No
Abstract: This PIN updates and replaces PIN 2016/S 157-284708 published on 12 August 2016. Applicants do
not need to respond formally to this PIN. The contracting authority will issue tender documents in due
course.
The contracting authority (on behalf of itself City of Cardiff Council, Swansea City and County Council, Torfaen County Borough Council, Powys County Council, Rhondda Cynon Taf County Borough Council, Carmarthenshire County Council and Gwynedd Council) (together the “Welsh Pool”) wishes to appoint a regulated third party operator to provide one or more collective vehicles in order to benefit from economies of scale from the management of
Welsh pension fund assets.
The authority intends to conduct a procurement process subject to the restricted procedure in
accordance with the Public Contracts Regulations 2015 and Directive 2014/24/EU
CPV: 66131100.

Prior information notice

This notice is for prior information only

Directive 2014/24/EU - Public Sector Directive

Section I: Contracting Change authority

I.1) Name and addresses

Flintshire County Council

County Hall, Mold

Flintshire

CH7 6NA

UK

Telephone: +44 1352702259

E-mail: debbie.a.fielder@flintshire.gov.uk

NUTS: UKL23

Internet address(es)

Main address: www.flintshire.gov.uk

Address of the buyer profile: http://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0419

I.2) Joint procurement

The contract is awarded by a central purchasing body

I.3) Communication

Additional information can be obtained from the abovementioned address


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

Regulated third party operator to provide a series of collective vehicles for the Wales LGPS

II.1.2) Main CPV code

66131100

 

II.1.3) Type of contract

Services

II.1.4) Short description

This PIN updates and replaces PIN 2016/S 157-284708 published on 12 August 2016. Applicants do

not need to respond formally to this PIN. The contracting authority will issue tender documents in due

course.

The contracting authority (on behalf of itself City of Cardiff Council, Swansea City and County Council, Torfaen County Borough Council, Powys County Council, Rhondda Cynon Taf County Borough Council, Carmarthenshire County Council and Gwynedd Council) (together the “Welsh Pool”) wishes to appoint a regulated third party operator to provide one or more collective vehicles in order to benefit from economies of scale from the management of

Welsh pension fund assets.

The authority intends to conduct a procurement process subject to the restricted procedure in

accordance with the Public Contracts Regulations 2015 and Directive 2014/24/EU

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.3) Place of performance

NUTS code:

UKL23

II.2.4) Description of the procurement

The project will comprise a single contract comprising core operator services and discretionary services.We expect to appoint a single contractor able to deliver, whether itself or with its named sub-contractor(s),the services. Applicants may not participate in more than one tender response. The services involve the establishment and operation of an ACS and other regulated and unregulated vehicles; the preparation, maintenance and adherence to policies and processes required by regulators in relation to the operation of selected investment vehicles including provision of regulatory capital; the establishment and management of a range of sub-funds;management of investment managers and other third parties; reporting on fund performance; and maintenance of pricing of assets/shares.

II.2.14) Additional information

The authority anticipates that ‘additional services’ may include the ability to provide investment vehicles for the sole use of the Welsh Pool; securing fee savings; advising on the addition of sub funds; managing transition activity; manager monitoring/research/selection; enhanced performance/risk reporting; facilitate tax advice related to vehicle selection

II.3) Estimated date of publication of contract notice:

03/01/2017

Section IV: Procedure

IV.1) Description

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

Section VI: Complementary information

VI.3) Additional information

NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at http://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=58928.

(WA Ref:58928)

VI.5) Date of dispatch of this notice

08/12/2016


Information added to the notice since publication.

Additional information added to the notice since it's publication.
No further information has been uploaded.
Main Contact: debbie.a.fielder@flintshire.gov.uk
Admin Contact: N/a
Technical Contact: N/a
Other Contact: N/a

Commodity Categories

Commodity Categories
IDTitleParent Category
66131100Pension investment servicesSecurity brokerage services

Delivery Locations

Delivery Locations
IDDescription
1023Flintshire and Wrexham

Alert Region Restrictions

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

Alert Region Restrictions
There are no alert restrictions for this notice.

Further Instructions

The Buyer has attached further instructions with this notice. Please read these carefully and take the necessary action(s).

Record your interest in this notice and you will be automatically sent clarifications and deadline date changes etc. Please note that recording your interest does not automatically enter you into the tender process for this notice, you still have to submit your response by the deadline stated. To record an interest in this notice and add it to your interests list please click the Record your interest now button at the top of the page.

The following additional documents have been attached to this notice. To obtain these documents please click the Record your interest now button at the top of the page.

The following additional documents have been attached to this notice. To obtain these documents please select the individual file names below.

Current Documents

CreatedNameDescriptionSizeDownloads
10/12/2016All Wales Pool - revised PIN_FINALFull Description12.95 KB2

Replaced Documents

There are no previous versions of these documents

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