Contract award notice
Results of the procurement procedure
Section I: Contracting
authority
I.1) Name and addresses
Heriot Watt University
Procurement Services, Riccarton
Edinburgh
EH14 4AS
UK
Contact person: Tony Newjem, Chief Procurement Officer
Telephone: +44 1314513702
E-mail: A.E.Newjem@hw.ac.uk
Fax: +44 1314513119
NUTS: UKM75
Internet address(es)
Main address: http://intranet.hw.ac.uk/ps/gls/procurement/Pages/default.aspx
Address of the buyer profile: http://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00307
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Endowment funds advisory and funds management services.
Reference number: HWU/1716
II.1.2) Main CPV code
66140000
II.1.3) Type of contract
Services
II.1.4) Short description
Provision of investments advisory and funds management services in respect of the University's endowment funds portfolio.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Lowest offer:
371 000.00
GBP/ Highest offer:
707 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKM75
Main site or place of performance:
Edinburgh Campus, Riccarton, Edinburgh, EH14 4AS.
II.2.4) Description of the procurement
To appoint a suitable investment funds manager to assist the University maintain and grow the real value of all permanent endowments, invest in income generating assets to support an annual expenditure plan, and manage these investments within a balanced, multi-asset portfolio with an appropriate degree of risk.
II.2.5) Award criteria
Quality criterion: Proven Track Record and Account Mgmt Team
/ Weighting: 25
Quality criterion: Investment Strategy
/ Weighting: 20
Quality criterion: Account and Portfolio Management Proposal
/ Weighting: 25
Quality criterion: Interview Presentation
/ Weighting: 10
Price
/ Weighting:
20
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:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2017/S 150-310415
Section V: Award of contract
Contract No: HWU/1716
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
20/11/2017
V.2.2) Information about tenders
Number of tenders received: 18
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CCLA
Senator House, 85 Queen Victoria Street
London
EC4V 4ET
UK
Telephone: +44 2074896102
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
371 000.00
GBP
/ Highest offer:
707 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.
(SC Ref:520937).
VI.4) Procedures for review
VI.4.1) Review body
Heriot Watt University
Procurement Services, Riccarton
Edinburgh
EH14 4AS
UK
Telephone: +44 1314513702
E-mail: procurement@hw.ac.uk
Fax: +44 1314513119
Internet address(es)
URL: http://intranet.hw.ac.uk/ps/gls/procurement/Pages/default.aspx
VI.5) Date of dispatch of this notice
29/11/2017