Contract notice
Section I: Contracting
authority
I.1) Name and addresses
HAMPSHIRE COUNTY COUNCIL
The Castle
WINCHESTER
SO238ZB
UK
Contact person: Samantha Pullinger
Telephone: +44 3707798816
E-mail: samantha.pullinger@hants.gov.uk
NUTS: UKJ36
Internet address(es)
Main address: www.hants.gov.uk
I.1) Name and addresses
Hertfordshire County Council
Hertford
UK
E-mail: contact@hertfordshire.gov.uk
NUTS: UKH23
Internet address(es)
Main address: https://www.hertfordshire.gov.uk/home.aspx
I.1) Name and addresses
Isle of Wight Council
Isle of Wight
UK
E-mail: customer.services@iow.gov.uk
NUTS: UKJ34
Internet address(es)
Main address: https://www.iow.gov.uk/
I.1) Name and addresses
Kent County Council
Maidstone
UK
E-mail: county.hall@kent.gov.uk
NUTS: UKJ4
Internet address(es)
Main address: https://www.kent.gov.uk/
I.1) Name and addresses
Norfolk County Council
Norwich
UK
E-mail: DPCST@norfolk.gov.uk
NUTS: UKH15
Internet address(es)
Main address: https://www.norfolk.gov.uk/
I.1) Name and addresses
Suffolk County Council
Ipswich
UK
E-mail: customer.services@suffolk.gov.uk
NUTS: UKH14
Internet address(es)
Main address: https://www.suffolk.gov.uk/
I.1) Name and addresses
West Northamptonshire Council
Northampton
UK
E-mail: enquiries.nbc@westnorthants.gov.uk
NUTS: UKF24
Internet address(es)
Main address: https://www.westnorthants.gov.uk/
I.1) Name and addresses
West Sussex County Council
Chichester
UK
E-mail: procurement@westsussex.gov.uk
NUTS: UKJ27
Internet address(es)
Main address: https://www.westsussex.gov.uk/
I.1) Name and addresses
East Sussex County Council
Lewes
UK
E-mail: purchasing.queries@eastsussex.gov.uk
NUTS: UKJ22
Internet address(es)
Main address: https://www.eastsussex.gov.uk/
I.1) Name and addresses
Cambridgeshire County Council
Cambridge
UK
E-mail: procurementandcommercial@cambridgeshire.gov.uk
NUTS: UKH12
Internet address(es)
Main address: www.cambridgshire.gov.uk
I.1) Name and addresses
Essex County Council
Chelmsford
UK
E-mail: procurement.team@essex.gov.uk
NUTS: UKH3
Internet address(es)
Main address: https://www.essex.gov.uk/
I.2) Joint procurement
The contract involves joint procurement
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://in-tendhost.co.uk/hampshire/aspx/Home
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://in-tendhost.co.uk/hampshire/aspx/Home
I.4) Type of the contracting authority
Regional or local agency/office
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
ACCESS Pool Authorised Contractual Scheme Operator
Reference number: EX21332
II.1.2) Main CPV code
66141000
II.1.3) Type of contract
Services
II.1.4) Short description
Hampshire County Council (the Authority) is procuring this requirement on behalf of the ACCESS Pool of LGPS Pensions.
ACCESS is seeking a suitably experienced, knowledgeable and skilled organisation, with the appropriate regulatory registrations, to fulfil the role of the FCA regulated company which undertakes selection, appointment, dismissal and variation of terms of investment managers, and provides and operates pool vehicles for Administering Authorities in the ACCESS Pool.
The Authorised Contractual Scheme (ACS) is an authorised contractual scheme in co-ownership form and authorised by the Financial Conduct Authority (FCA) with effect from 9 August 2018. The ACS has an unlimited duration
The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme
Authorities, investing the pensions of over one million members, delivering strong
investment performance, achieving greater cost efficiency and benefiting from the best of
local authority procurement. Further information regarding the ACCESS Pool can be found
here: https://www.accesspool.org/.
II.1.5) Estimated total value
Value excluding VAT:
80 000 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
66131100
66520000
II.2.3) Place of performance
NUTS code:
UKF24
UKH12
UKH14
UKH15
UKH16
UKH3
UKJ22
UKJ27
UKJ28
UKJ3
UKJ4
II.2.4) Description of the procurement
Hampshire County Council is undertaking this procurement on behalf of the ACCESS Pool of LGPS Pension Funds.
The procurement will follow a single stage, Open Tender process for the appointment of a the ACS Operator.
The Operator Agreement will run for a term of up to 10 years, subject to review in the 5th year.
Tenderers should note that the Estimated Value provided in this notice is an estimate of fees payable over the life of the contract based on current and anticipated AuM growth over the life of the contract. The actual fees payable will depend on these and other relevant factors applicable over the course of the contract. This amount should not be taken as a guaranteed value or payment.
Full details of the requirement can be found in the Specification at Annex 1 of the ITT
documentation by registering within Hampshire's instance of the In-Tend e-procurement
platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
80 000 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 120
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
Yes
Description of options:
The Operator Agreement will run for an initial term of 5 years with the option, following satisfactory review, to continue for a further 5 years.
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:
As set out in the procurement documents.
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
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.2.2) Time limit for receipt of tenders or requests to participate
Date:
10/05/2024
Local time: 14:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until:
22/11/2024
IV.2.7) Conditions for opening of tenders
Date:
10/05/2024
Local time: 15:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
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
High Court of England & Wales
The Strand
London
UK
VI.5) Date of dispatch of this notice
18/03/2024