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UK-Birkenhead: brokerage and related securities and commodities services

Request For Proposals

General Information
Country:   United Kingdom
City/Locality:   BIRKENHEAD
Notice/Contract Number:   eu:28564-2009
Publication Date:   Feb 10, 2009
Deadline:   Mar 23, 2009
Buyer:   WIRRAL BOROUGH COUNCIL
Original Language:   English

Contact Information
Address:   WIRRAL BOROUGH COUNCIL
BIRKENHEAD, Wirral
United Kingdom
Email:   Click here

Goods, Works and Services

 

Summary

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Notice Type: 2210 - Contract notice
Regulation of Procurement: European Communities, with participation by GPA countries
EU Official Journal Publication: 20/2009, #28564-2009
Contract Nature: Service contract
Procedure Type: Open procedure
Type of Bid Required: Global tender
Awarding Criteria: The most economic tender


Update: Feb 10, 2009


Notice Type: 8098 - Additional information
Regulation of Procurement: European Communities, with participation by GPA countries
EU Official Journal Publication: 27/2009, #38213-2009
Referenced Document Number: 28564-2009
Contract Nature: Service contract
Procedure Type: Open procedure
Type of Bid Required: Global tender
Awarding Criteria: The most economic tender

Original Text

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CONTRACT NOTICE
Services
SECTION I: CONTRACTING AUTHORITY
I.1) NAME, ADDRESSES AND CONTACT POINT(S): Wirral Borough Council,
Municipal Building, Cleveland Street, Attn: Mark Lloyd-Jones,
UK-Birkenhead CH41 6BU. Tel. +44 0151-6663855. E-mail:
tenders@wirral.gov.uk. Fax +44 0151-6663705.
Internet address(es):
General address of the contracting authority: www.wirral.gov.uk.
Address of the buyer profile: http://www.mytenders.org/search/
Search_AuthProfile.aspx?ID=AA1225.
Further information can be obtained at: Hewitt Associates Limited, 6 More
London Place, Attn: David Crum, UK-London SE1 2DA. Tel. +44 02079394000.
E-mail: david.crum@hewitt.com. Fax +44 01372757968. URL:
www.wirral.gov.uk.
Specifications and additional documents (including documents for
competitive dialogue and a dynamic purchasing system) can be obtained at:
Wirral Borough Council, Muncipal Building, Cleveland Street, Attn: Michael
Bootman, UK-Birkenhead CH41 6BU. Tel. +44 1516663846. E-mail:
tenders@wirral.gov.uk. Fax +44 1516663705. URL: www.wirral.gov.uk.
Tenders or requests to participate must be sent to: Wirral Borough
Council, Wallasey Town Hall, Brighton Street, Attn: Legal and Member
Services, UK-Wallasey CH44 8ED. Tel. +44 0151-6663855. Fax +44
0151-6663705. URL: www.wirral.gov.uk.
I.2) TYPE OF THE CONTRACTING AUTHORITY AND MAIN ACTIVITY OR ACTIVITIES:
Regional or local authority.
General public services.
SECTION II: OBJECT OF THE CONTRACT
II.1) DESCRIPTION
II.1.1) Title attributed to the contract by the contracting authority:
Provision for Transition Management Services for Merseyside Pension Fund.
II.1.2) Type of contract and location of works, place of delivery or of
performance: Services.
Service category: No 6.
Main place of performance: Within the north-west of England.
NUTS code: UKD54.
II.1.3) The notice involves: The establishment of a framework agreement.
II.1.4) Information on framework agreement: Framework agreement with
several operators.
Maximum number of participants to the framework agreement envisaged: 6.
Duration of the framework agreement: Duration in year(s): 4
Estimated total value of purchases for the entire duration of the
framework agreement:
Estimated value excluding VAT: 800 000 GBP.
II.1.5) Short description of the contract or purchase(s): To manage the
movement of assets relating to planned and future changes in the
investment arrangements of the Merseyside Pension Fund, which is
administered by Wirral Borough Council.
II.1.6) Common procurement vocabulary (CPV): 66130000, 66141000,
66000000, 66100000.
II.1.7) Contract covered by the Government Procurement Agreement (GPA):
Yes.
II.1.8) Division into lots: No.
II.2) QUANTITY OR SCOPE OF THE CONTRACT
II.2.1) Total quantity or scope: Wirral Borough Council, as the
administering authority for the Merseyside Pension Fund, is seeking to
appoint a number of transition management service providers via a
Framework Agreement. Over the next 4 years, the Council will be reviewing
various aspects of the investment arrangements of the Merseyside Pension
Fund, and as a result expects to make changes to its strategic asset
allocation, and also its stable of investment managers. At this time the
Council is seeking to appoint a number of experienced transition
management service providers, via a Framework Agreement. Once the
Framework Agreement is in place, the Council will conduct a
mini-competition exercise between providers whenever it requires
transition management services.
II.2.2) Options: No.
SECTION III: LEGAL, ECONOMIC, FINANCIAL AND TECHNICAL INFORMATION
III.1) CONDITIONS RELATING TO THE CONTRACT
III.1.1) Deposits and guarantees required: As detailed within the tender
document.
III.1.2) Main financing conditions and payment arrangements and/or
reference to the relevant provisions regulating them: As detailed within
the tender document.
III.1.3) Legal form to be taken by the group of economic operators to
whom the contract is to be awarded: As detailed within the tender
document.
III.1.4) Other particular conditions to which the performance of the
contract is subject: Yes.
As detailed within the tender document.
III.2) CONDITIONS FOR PARTICIPATION
III.2.1) Personal situation of economic operators, including requirements
relating to enrolment on professional or trade registers: Information and
formalities necessary for evaluating if requirements are met: As detailed
within the tender document.
III.2.2) Economic and financial capacity: Information and formalities
necessary for evaluating if requirements are met: As detailed within the
tender document.
Minimum level(s) of standards possibly required: As detailed within the
tender document.
III.2.3) Technical capacity: Information and formalities necessary for
evaluating if requirements are met: As detailed within the tender
document.
Minimum level(s) of standards possibly required: As detailed within the
tender document.
III.3) CONDITIONS SPECIFIC TO SERVICES CONTRACTS
III.3.1) Execution of the service is reserved to a particular profession:
Yes.
Providers should have an existing transition management business, and be
regulated by an appropriate financial regulatory body. Providers must
satisfy the requirements of the Superannuation Act 1972 and the Local
Government Pension Scheme (Management and Investment of Funds) regulations
1998 (as amended).
III.3.2) Legal entities should indicate the names and professional
qualifications of the staff responsible for the execution of the service:
Yes.
SECTION IV: PROCEDURE
IV.1) TYPE OF PROCEDURE
IV.1.1) Type of procedure: Open.
IV.1.2) Limitations on the number of operators who will be invited to
tender or to participate:
IV.2) AWARD CRITERIA
IV.2.1) Award criteria: The most economically advantageous tender in
terms of the criteria stated in the specifications, in the invitation to
tender or to negotiate or in the descriptive document.
IV.2.2) An electronic auction will be used: No.
IV.3) ADMINISTRATIVE INFORMATION
IV.3.1) File reference number attributed by the contracting authority:
FNCP0907.
IV.3.3) Conditions for obtaining specifications and additional documents
or descriptive document: Time limit for receipt of requests for documents
or for accessing documents: 9.3.2009.
IV.3.4) Time-limit for receipt of tenders or requests to participate:
16.3.2009 - 12:00.
IV.3.6) Language(s) in which tenders or requests to participate may be
drawn up: English.
IV.3.7) Minimum time frame during which the tenderer must maintain the
tender: Until: 1.9.2009.
SECTION VI: COMPLEMENTARY INFORMATION
VI.3) ADDITIONAL INFORMATION: It is intended that the contract will
continue in force until such time as it is determined in accordance with
the provisions contained in the contract.
(MT Ref:60698).
VI.4) PROCEDURES FOR APPEAL
VI.4.2) Lodging of appeals: Precise information on deadline(s) for
lodging appeals: Wirral Borough Council will incorporate a minimum 10
calendar day stand-still period at the point information on the award of
the contract is communicated to tenderers. This period allows unsuccessful
tenderers to seek further debriefing from the contracting authority before
the contract is entered into. Applicants have 2 working days from the
notification of the award decision to request additional debriefing and
that information has to be provided a minimum of 3 working days before the
expiry of the stand-still period. Such additional information should be
required from the contact in part I.1. If an appeal regarding the award of
a contract has not been successfully resolved the Public Contracts
Regulations 2006 (SI 2006 No.5) provide for aggrieved parties who have
been harmed or are at risk of harm by a breach of the rules to take action
in the High Court (England, Wales & Northern Ireland). Any such action
must be brought promptly (Generally within 3 months). Where a contract has
not been entered into, the Court may order the setting aside of the award
decision or order the authority to amend any document and may award
damages. If the Contract has been entered into, the Court may only award
damages.
VI.5) DATE OF DISPATCH OF THIS NOTICE: 28.1.2009.


Wirral Borough Council, Municipal Building, Cleveland Street, attn: Mark
Lloyd-Jones, UK-CH41 6BU Birkenhead. Tel. +44 1516663855. E-mail:
tenders@wirral.gov.uk. Fax +44 1516663705.
(Supplement to the Official Journal of the European Union, 30.1.2009,
2009/S 20-028564)
RE: CPV: 66130000, 66141000, 66000000, 66100000.
Brokerage and related securities and commodities services.
Pension fund management services.
Financial and insurance services.
Instead of: IV.3.3) Time limit for receipt of requests for documents or
for accessing documents: 9.3.2009.
IV.3.4) Time-limit for receipt of tenders or requests to participate:
16.3.2009 (12:00).
Read: IV.3.3) Time limit for receipt of requests for documents or for
accessing documents: 16.3.2009.
IV.3.4) Time-limit for receipt of tenders or requests to participate:
23.3.2009 (12:00).
Other additional information
Reason: Tender document delay.
Please note that this notice is for your information only.
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