Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
University of York
Heslington
York
YO10 5DD
UK
Contact person: Procurement Office
Telephone: +44 1904328207
E-mail: donna.lyon@york.ac.uk
NUTS: UKE21
Internet address(es)
Main address: www.york.ac.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Investment Manager Services
Reference number: UY/PROC/844
II.1.2) Main CPV code
66120000
II.1.3) Type of contract
Services
II.1.4) Short description
The University of York is pleased to invite tenders from FCA authorised firms for the provision of discretionary investment management services for an initial contract term of 5 years. The University's investment portfolio currently contains permanent endowment assets valued at approximately £7.3m. The services we require as a minimum are: - Suitable investment strategy and allocation advice- Portfolio management and reporting- Account management and market insightFurther details can be found in the invitation to tender documents.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
206 966.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66120000
II.2.3) Place of performance
NUTS code:
UKE21
Main site or place of performance:
II.2.4) Description of the procurement
As stated in II.1.4
II.2.5) Award criteria
Quality criterion: Quality criterion - Name: Quality criteria with sub-criteria as set out in the ITT documents
/ Weighting: 75
Price
/ Weighting:
25
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
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.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2022/S 000-005072
Section V: Award of contract
Contract No: UY/PROC/844
Title: Investment Manager Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
14/11/2022
V.2.2) Information about tenders
Number of tenders received: 15
Number of tenders received from SMEs: 3
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 15
Number of tenders received by electronic means: 15
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
abrdn Capital Limited
London
UK
NUTS: UKI
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:
: 206 966.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
Please note that the values published are the anticipated spend for the 5 year initial term of the contract. The University reserves the right to extend for a further 1+1 years.
VI.4) Procedures for review
VI.4.1) Review body
University of York
York
UK
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
VI.5) Date of dispatch of this notice
30/05/2023