Prior information notice
This notice is a call for competition
Section I: Contracting
authority
I.1) Name and addresses
The Board of the Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 8456002541
E-mail: commercial.services@ppf.co.uk
NUTS: UKI62
Internet address(es)
Main address: https://ppf.co.uk/
Address of the buyer profile: https://ppf.bravosolution.co.uk
I.3) Communication
Access to the procurement documents is restricted. Further information can be obtained at:
https://ppf.bravosolution.co.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://ppf.bravosolution.co.uk
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Global Investor Class Action Claims and Recoveries Service
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
This notice is a call for competition in accordance with Directive 2014/24/EU Article 48(2).
The PPF is seeking to award a contract for a global investor class action claims and recoveries service.
Full details can be found at ppf.bravosolution.co.uk
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI62
Main site or place of performance:
Croydon and London offices of the PPF.
II.2.4) Description of the procurement
This notice is a call for competition in accordance with Directive 2014/24/EU Article 48(2).
Full details of the PPF's requirements are available on our eTendering portal at ppf.bravosolution.co.uk.
Requests to participate should also be made via that portal.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 48
This contract is subject to renewal: Yes
Description of renewals:
Initial term will be for 12 months with options to extend by further 12 +12 + 12 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 III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
Participants must be able to deliver all of the services/requirements stated in II.2.4).
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
III.2.2) Contract performance conditions
Participants must be able to deliver all of the services/requirements stated in II.2.4).
Financial standing will be assessed broadly in line with the recommendations set out by the Cabinet Office in relation to managing supplier financial risk issues. In performing the economic and financial standing assessment The PPF will consider but will not be limited to considering, service provider turnover, profitability, cash flow, solvency, strength of balance sheet and asset cover level. To support this assessment The PPF may seek reference to other independent reports and information such as credit reference agency reports.
Participants will need to demonstrate that they have adequate financial resources to perform the contract, pay subcontractors on time where applicable and provide continuity of service. We follow government guidelines for evaluating financial risk set out in https://www.gov.uk/government/publications/procurement-policy-note-02-13-supplier-financial-risk-issues
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Restricted 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.2.2) Time limit for receipt of expressions of interest
Date:
22/08/2019
Local time: 17:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.5) Scheduled date for start of award procedures
01/11/2019
Section VI: Complementary information
VI.2) Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
VI.4) Procedures for review
VI.4.1) Review body
The Board of the Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
VI.5) Date of dispatch of this notice
26/07/2019