Prior information notice
This notice is for prior information only
Section I: Contracting
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