Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 8456002541
E-mail: commercial.services@ppf.co.uk
NUTS: UK
Internet address(es)
Main address: www.ppf.co.uk
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
Trustee and Support Services
II.1.2) Main CPV code
66520000
II.1.3) Type of contract
Services
II.1.4) Short description
Services to cover situations where scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. Services to support incumbent trustee boards by offering specialist restructuring and insolvency advice, relating to the position of schemes, employers and the PPF in the context of an anticipated restructuring/insolvency event.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
46 000 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Restructuring and Pre-insolvency Services
II.2.2) Additional CPV code(s)
66520000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Restructuring and pre-insolvency services provided where scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings.
II.2.5) Award criteria
Quality criterion: Customer service
/ Weighting: 50 %
Quality criterion: Innovation
/ Weighting: 50 %
Quality criterion: Technical capability
/ Weighting: Pass/Fail
Price
/ 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
Lot No: 2
II.2.1) Title
Trustee Services and Assessment Period Work
II.2.2) Additional CPV code(s)
66520000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Trustee services and assessment work provided to effectively support the PPF’s aim of successfully transitioning schemes to transfer to its Fund within a given period, while also delivering excellent customer service.
II.2.5) Award criteria
Quality criterion: Customer service
/ Weighting: 65 %
Quality criterion: Innovation
/ Weighting: 35 %
Cost criterion: Acceptance of max rates
/ Weighting: Pass/Fail
Cost criterion: Rates price
/ Weighting: 100 %
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
Open procedure
IV.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
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:
2019/S 205-499721
Section V: Award of contract
Lot No: 1 & 2
Contract No: Trustee and Support Services
Title: 1) Restructuring and Pre-insolvency Services and 2) Trustee Services and Assessment Period Work
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Dalriada Trustees Ltd
NI038344
Linen Loft, 27-37 Adelaide Street
Belfast
BT2 8FE
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: Trustee and Support Services
Title: 1) Restructuring and Pre-insolvency Services and 2) Trustee Services and Assessment Period Work
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
20-20 Trustee Services Ltd
01050578
100 Wood Street#
London
EC2V 7AN
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: Trustee and Support Services
Title: 1) Restructuring and Pre-insolvency Services and 2) Trustee Services and Assessment Period Work
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Open Trustees Ltd
02679647
2 Temple Back East, Temple Quay
Bristol
BS1 6EG
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: Trustee and Support Services
Title: 1) Restructuring and Pre-insolvency Services and 2) Trustee Services and Assessment Period Work
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Independent Trustee Services Ltd
02567540
1st Floor Buckhurst House, 42-44 Buckhurst Avenue, Kent
Sevenoaks
TN13 1LZ
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: Trustee and Support Services
Title: 1) Restructuring and Pre-insolvency Services and 2) Trustee Services and Assessment Period Work
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Punter Southall Governance Services Ltd
03021321
11 Strand
London
WC2N 5HR
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: Trustee and Support Services
Title: Restructuring and Pre-insolvency Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
Number of tenders received from tenderers from EU Member States: 20
Number of tenders received by electronic means: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Smith and Williamson LLP
OC369631
25 Moorgate,
London
EC2R 6AY
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: Trustee and Support Services
Title: Restructuring and Pre-insolvency Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Lincoln Pensions Ltd
06402742
10 Queen Street Place
London
EC4R 1AG
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: Trustee and Support Services
Title: Restructuring and Pre-insolvency Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Deloitte LLP
OC303675
1 New Street Square
London
EC4A 3HQ
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: Trustee and Support Services
Title: Restructuring and Pre-insolvency Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
FRP Advisory Trading Ltd
2315855
110 Cannon Street
London
EC4N 6EU
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: Trustee and Support Services
Title: Restructuring and Pre-insolvency Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CVR Global LLP
OC398681
20 Furnival Street
London
EC4A 1JQ
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: Trustee and Support Services
Title: Restructuring and Pre-insolvency Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2020
V.2.2) Information about tenders
Number of tenders received: 20
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
KPMG LLP
OC301540
15 Canada Square
London
E14 5GL
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:
: 46 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The final value of the framework across the maximum term may fall within a huge range as it has been set up to be available for future call-offs for requirements that we will not currently be aware of.
VI.4) Procedures for review
VI.4.1) Review body
Pension Protection Fund
Croydon
CR0 2NA
UK
VI.5) Date of dispatch of this notice
30/04/2020