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Contract Award Notice

A Multi-Provider Framework Agreement for the Provision of Investment Consultancy Services

  • First published: 15 December 2017
  • Last modified: 15 December 2017
  • Version: N/A
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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Norfolk County Council
Authority ID:
AA0071
Publication date:
15 December 2017
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

To provide a wide range of advisory services in relation to investment management support services. Eight providers have been appointed to Lot 1 of the framework agreement.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting authority

I.1) Name and addresses

Norfolk County Council

Martineau Lane

Norwich

NR1 2DH

UK

Contact person: Julie Ward

E-mail: sourcingteam@norfolk.gov.uk

NUTS: UK

Internet address(es)

Main address: www.norfolk.gov.uk

Address of the buyer profile: https://in-tendhost.co.uk/norfolkcc/aspx/Home

I.1) Name and addresses

Norfolk County Council

County Hall

Martineau Lane

NR1 2DH

UK

E-mail: sourcingteam@norfolk.gov.uk

NUTS: UKH15

Internet address(es)

Main address: www.norfolk.gov.uk

I.2) Joint procurement

The contract involves joint procurement

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

A Multi-Provider Framework Agreement for the Provision of Investment Consultancy Services

Reference number: NCCT41358

II.1.2) Main CPV code

66131100

 

II.1.3) Type of contract

Services

II.1.4) Short description

Norfolk County Council, on its own behalf and on behalf of Cheshire Pension Fund, the Environment Agency Pension Fund, London Borough of Hackney, London Borough of Tower Hamlets, Merseyside Pension Fund, Cambridgeshire, Northamptonshire and West Sussex County Councils have let a multi-provider framework agreement for the provision of Investment Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS).

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 100 000 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Investment Consultancy Services.

II.2.2) Additional CPV code(s)

66131100

66131100

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

To provide a wide range of advisory services in relation to investment management support services. Eight providers have been appointed to Lot 1 of the framework agreement.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 80 %

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

II.2.14) Additional information

The framework agreement will be in place for a period of 4 years. Contracting authorities and other bodies as set out in the OJEU/contract notice will be able to let contracts under the framework for up to 7 years (5 years with a maximum 2 year extension).

Lot No: 2

II.2.1) Title

Manager Search/Selection/Monitoring and Review Services

II.2.2) Additional CPV code(s)

66131100

66131100

66131100

66131100

66131100

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

To provide a wide range of advisory services in relation to the appointment of investment management support services. Eight providers have been appointed to Lot 2 of the Framework Agreement.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 80 %

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

II.2.14) Additional information

The Framework agreement will be in place for a period of 4 years. Contracting authorities and other bodies as set out in the OJEU/contract notice will be able to let contracts under the framework for up to 7 years (5 years with a maximum 2 year extension).

Lot No: 3

II.2.1) Title

Investment Management Consultancy-related rpecialist project services

II.2.2) Additional CPV code(s)

66131100

66131100

66131100

66131100

66131100

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

To undertake a wide range of discrete pieces of specialist, investment-related work. Eleven providers have been appointed to lot 3 of the Framework Agreement.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 80 %

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.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement

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:

2017/S 136-279225

Section V: Award of contract

Lot No: 1

Contract No: NCCT41358 Lot 1

Title: Investment Consultancy Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

28/09/2017

V.2.2) Information about tenders

Number of tenders received: 10

Number of tenders received from SMEs: 1

Number of tenders received by electronic means: 10

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

Aon Hewitt Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Deloitte Total Reward and Benefits Limited

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Hymans Roberston LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Mercer Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

KPMG LLP

Glasgow

G2 5AS

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

PricewaterhouseCoopers LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Redington Ltd

London

UK

NUTS: UK

The contractor is an SME: Yes

V.2.3) Name and address of the contractor

JLT Employee Benefits

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:

Total value of the contract/lot: : 50 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Contract No: NCCT3158 Lot 2

Title: Manager Search/Selection/Monitoring Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

28/09/2017

V.2.2) Information about tenders

Number of tenders received: 10

Number of tenders received from SMEs: 2

Number of tenders received by electronic means: 10

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

Allenbridge

London

UK

NUTS: UK

The contractor is an SME: Yes

V.2.3) Name and address of the contractor

Aon Hewitt Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

bfinance

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

KPMG LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Hymans Robertson LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

JLT Employee Benefits

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Mercer Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Redington Ltd

London

UK

NUTS: UK

The contractor is an SME: Yes

V.2.4) Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:

Total value of the contract/lot: : 35 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Contract No: NCCT41358 Lot 4

Title: Investment Management Consultancy-related Specialist Project services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

28/09/2017

V.2.2) Information about tenders

Number of tenders received: 15

Number of tenders received from SMEs: 5

Number of tenders received by electronic means: 15

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

Aon Hewitt Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

bfinance UK Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Hymans Robertson LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

JLT Employee Benefits

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

KPMG LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Mercer Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

PricewaterhouseCoopers LLP

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Redington

London

UK

NUTS: UK

The contractor is an SME: Yes

V.2.3) Name and address of the contractor

The Smart Cube

London

UK

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

Allenbridge

London

UK

NUTS: UK

The contractor is an SME: Yes

V.2.3) Name and address of the contractor

Alpha Financial Marketing Consulting

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:

Total value of the contract/lot: : 15 000 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

Norfolk County Council has worked jointly with the following authorities to procure the framework — Cambridgeshire, Northamptonshire and West Sussex County Council, Cheshire Pension Fund, the Environment Agency Pension Fund, London Boroughs of Hackney and Tower Hamlets and Merseyside Pension Fund. In addition to those listed above, the framework may also be used by: — any LGPS administering authorities and any of their participating employing authorities as defined in the Local Government Pension Scheme Regulations 2013 SI2013 Nº.2356 (as amended) and the Local Government Pension Scheme (Administration) (Scotland) Regulations 2008 as amended by SSI 2011/349; — the Committee (the NILGOSC) and employing authorities as defined in the Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009 / SRNI 2009/33 — the Board of the Pension Protection Fund http://www.pensionprotectionfund.org.uk — any other administering authority or organisation of a public sector pension scheme or any public sector body that requires pensions related services; and — any Common Asset Pool or Collective Investment Vehicle established by or on behalf of an administering authority or group of administering authorities; any Local Government Pension Fund(s) or groups of Pension Funds; or any bodies, organisations or companies established by them for the purpose of operating on a collective basis.

VI.4) Procedures for review

VI.4.1) Review body

Norfolk County Council

Martineau Lane

Norwich

NR1 2DH

UK

E-mail: sourcingteam@norfolk.gov.uk

Internet address(es)

URL: www.norfolk.gov.uk

VI.4.2) Body responsible for mediation procedures

Norfolk County Council

Martineau Lane

Norwich

NR1 2DH

UK

E-mail: sourcingteam@norfolk.gov.uk

Internet address(es)

URL: www.norfolk.gov.uk

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

The Public Contracts Regulations 2015 (as amended) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern EN Standard form 02 — Contract notice 12 / 19 Ireland). Proceedings must be brought within 30 days from the date of knowledge (the date on which the economic operator first knew or ought to have known that grounds for starting the proceedings had arisen) unless the Court considers that there is good reason for extending the period within which proceedings may be brought, in which case the Court may extend that period up to a maximum of 3 months from the date of knowledge.

VI.4.4) Service from which information about the review procedure may be obtained

Norfolk County Council

Martineau Lane

Norwich

NR1 2DH

UK

E-mail: sourcingteam@norfolk.gov.uk

Internet address(es)

URL: www.norfolk.gov.uk

VI.5) Date of dispatch of this notice

12/12/2017

Coding

Commodity categories

ID Title Parent category
66131100 Pension investment services Security brokerage 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:
sourcingteam@norfolk.gov.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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