Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Nursing and Midwifery Council
23 Portland Place
London
W1B 1PZ
UK
Contact person: Zoran Kahvo
E-mail: procurement@nmc-uk.org
NUTS: UK
Internet address(es)
Main address: https://www.nmc-uk.org
I.4) Type of the contracting authority
Other: UK Healthcare Regulator
I.5) Main activity
Health
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Provision of Investment Management Services
Reference number: FIN-00000094
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
The NMC has recently decided to allocate funds in the region of GBP 30 million to a successful supplier to manage as long term investments. Our thinking is that the funds will remain invested for the long term and it is highly unlikely access would be required in the next 5-10 years. The investment manager will be provided with clear objectives and given full responsibility to take decisions as to how funds are invested within the framework of our investment policies. We are appointing one manager for this allocation of funds.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
1 000 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66140000
79412000
66171000
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
II.2.4) Description of the procurement
The NMC has recently decided to allocate funds in the region of GBP 30 million to a successful supplier to manage as long term investments. Our thinking is that the funds will remain invested for the long term and it is highly unlikely access would be required in the next 5-10 years. The investment manager will be provided with clear objectives and given full responsibility to take decisions as to how funds are invested within the framework of our investment policies. The investment policy sets out in full our objectives and restrictions on investment.
II.2.5) Award criteria
Quality criterion: Quality method statements
/ Weighting: 70 %
Cost criterion: Fee charging structure
/ Weighting: 30 %
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
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:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2019/S 147-362048
Section V: Award of contract
Contract No: FIN-00000094
Title: Provision of Investment Management Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
26/06/2020
V.2.2) Information about tenders
Number of tenders received: 6
Number of tenders received from SMEs: 0
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 6
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Sarasin and Partners LLP
Juxon House, 100 St. Pauls Churchyard
London
EC4M 8BU
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:
: 1 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Nursing and Midwifery Council
23 Portland Place
London
W1B 1PZ
UK
E-mail: procurement@nmc-uk.org
Internet address(es)
URL: https://www.nmc.org.uk
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
VI.4.4) Service from which information about the review procedure may be obtained
Nursing and Midwifery Council
23 Portland Place
London
W1B 1PZ
UK
E-mail: procurement@nmc-uk.org
Internet address(es)
URL: https://www.nmc-uk.org
VI.5) Date of dispatch of this notice
29/06/2020