Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
UK Asset Resolution Ltd (UKAR)
Croft Road, Crossflatts
Bingley
BD16 2UA
UK
Telephone: +44 0000000
E-mail: ResiCo@UKAR.co.uk
NUTS: UK
Internet address(es)
Main address: https://www.ukar.co.uk
Address of the buyer profile: https://www.crowncommercialservice.bravosolution.co.uk
I.4) Type of the contracting authority
Ministry or any other national or federal authority, including their regional or local subdivisions
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Project Saturn
Reference number: RM6139
II.1.2) Main CPV code
79400000
II.1.3) Type of contract
Services
II.1.4) Short description
UKAR has established a single supplier contract to outsource all aspects of the running of its remaining business, with the exception of board and company secretarial functions.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
16 500 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
48000000
72224000
72322000
79400000
79410000
79411000
79411100
79996000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
UKAR has establish a single supplier contract to outsource all aspects of the running of its remaining business, with the exception of board and company secretarial functions.
UKAR will be responsible for meeting contractual obligations to the buyer of B&B and NRAM, a range of liabilities relating to previous asset sales, sponsoring the legacy defined benefit pension schemes and administering other non-loan assets and liabilities.
The scope of the contract requires the provision of claims management services and the outsourcing of business administration activities required to run the business, such as management reporting, stakeholder management and other miscellaneous activities (such as, potentially, residual pension management responsibilities). It also involves the planning and management of the transition to the new arrangements.
II.2.5) Award criteria
Price
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
Competitive dialogue
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 213-488575
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/07/2019
V.2.2) Information about tenders
Number of tenders received: 7
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
PricewaterhouseCoopers LLP
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 16 500 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
UK Asset Resolution (UKAR)
Croft Road, Crossflatts
Bingley
BD16 2UA
UK
VI.4.2) Body responsible for mediation procedures
UK Asset Resolution (UKAR)
Croft Road, Crossflatts
Bingley
BD16 2UA
UK
VI.4.4) Service from which information about the review procedure may be obtained
UK Asset Resolution (UKAR)
Croft Road, Crossflatts
Bingley
BD16 2UA
UK
VI.5) Date of dispatch of this notice
25/07/2019