Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
The University of Manchester
Oxford Road
Manchester
M13 9PL
UK
Telephone: +44 1612752160
E-mail: procurement@manchester.ac.uk
NUTS: UKD3
Internet address(es)
Main address: http://www.procurement.manchester.ac.uk/
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
Invitation to Tender for Investment Advice
Reference number: 2018/1475/Investment Advice/GM/NG/MW
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
The University of Manchester (UoM) require a supplier to provide the University with advice on:
— the University’s overall long term investment strategy,
— the University’s medium term treasury management strategy, and
— the performance of investments on an ongoing basis.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
200 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66100000
66170000
66000000
66120000
66171000
II.2.3) Place of performance
NUTS code:
UKD3
Main site or place of performance:
The University of Manchester
II.2.4) Description of the procurement
The University of Manchester (UoM) require a supplier to provide the University with advice on:
— the University’s overall long term investment strategy,
— the University’s medium term treasury management strategy and
— the performance of investments on an ongoing basis.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 80
Price
/ Weighting:
20
II.2.11) Information about options
Options:
Yes
Description of options:
Initial contract period 3 years (36 months), with a further 2 x 12-month extension periods possible up to a combined total of 5 years (60 months).
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:
2018/S 207-472711
Section V: Award of contract
Contract No: 2018/1475/Investment Advice/GM/NG/MW
Title: Invitation to Tender for Investment Advice
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/02/2019
V.2.2) Information about tenders
Number of tenders received: 5
Number of tenders received from SMEs: 0
Number of tenders received by electronic means: 5
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Mercer Ltd
1 Tower Place, Lower Thames Street
London
EC3R 5BU
UK
NUTS: UKI
Internet address(es)
URL: https://www.uk.mercer.com/
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:
: 200 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
The High Court of Justice of England
London
WC2A 2LL
UK
Internet address(es)
URL: https://in-tendhost.co.uk/universityofmanchester/aspx/Home
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
The Authority will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. Applicants who are unsuccessful shall be informed by the Authority as soon as possible after the decision has been made as to the reasons why the Applicant was unsuccessful. If an appeal regarding the award of the contract has not been successfully resolved, The Public Contracts Regulations 2015 (SI 2015 No. 102) provide for aggrieved parties who have been harmed or are at risk of harm by breach of the rules to take action in the High Court (England, Wales, and Northern Ireland).Any such action must generally be brought within 3 months. If a declaration of ineffectiveness is sought, any such action must be brought within 30 days where the Authority has communicated the award of the contract and a summary of reasons to tenderers, or otherwise within 6 months of the contract being entered into. Where a contract has not been entered into, the court may order the setting aside of the award decision or order the authority to amend any document and may award damages. If the contract has been entered into the court may, depending on the circumstances, award damages, make a declaration of ineffectiveness, order the Authority to pay a fine, and/or order that the duration of the contract be shortened. The purpose of the standstill period referred to above is to allow the parties to apply to the Courts to set aside the award decision before the contract is entered into.
VI.4.4) Service from which information about the review procedure may be obtained
The University of Manchester
Manchester
M13 9PL
UK
Telephone: +44 1612752160
E-mail: procurement@manchester.ac.uk
Internet address(es)
URL: https://in-tendhost.co.uk/universityofmanchester/aspx/Home
VI.5) Date of dispatch of this notice
22/02/2019