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UK-Hebburn: pension fund management services

Prior Information Notice

General Information
Country:   United Kingdom
City/Locality:   HEBBURN
Notice/Contract Number:   eu:296317-2009
Publication Date:   Oct 24, 2009
Buyer:   SOUTH TYNESIDE COUNCIL
Original Language:   English

Contact Information
Address:   SOUTH TYNESIDE COUNCIL
HEBBURN, Tyneside
United Kingdom
Email:   Click here

Goods, Works and Services

 

Summary

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Notice Type: 2200 - Prior Information Notice
Regulation of Procurement: European Communities
EU Official Journal Publication: 206/2009, #296317-2009
Contract Nature: Service contract
Procedure Type: Prior information or periodic indicative notice
Type of Bid Required: Global tender
Awarding Criteria: Not applicable

Original Text

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PRIOR INFORMATION NOTICE
Services
SECTION I: CONTRACTING AUTHORITY
I.1) NAME, ADDRESSES AND CONTACT POINT(S): South Tyneside Council,
Hebburn Civic Centre, Campbell Park Road, Tyne and Wear, Attn: Stephen
Moore – Head of Pensions and Ian Bainbridge – Assistant Head of Pensions
(Investments), UK-Hebburn NE31 2SW. Tel. +44 1914244119 / 1914244112.
E-mail: investments@southtyneside.gov.uk. Fax +44 1914838660.
Further information can be obtained at: As in above-mentioned contact
point(s).
I.2) TYPE OF THE CONTRACTING AUTHORITY AND MAIN ACTIVITY OR ACTIVITIES:
Regional or local authority.
Other: Pension Fund.
SECTION II.B: OBJECT OF THE CONTRACT (SUPPLIES OR SERVICES)
II.1) TITLE ATTRIBUTED TO THE CONTRACT BY THE CONTRACTING AUTHORITY:
UK-Hebburn: review of investment management structure.
II.2) TYPE OF CONTRACT AND PLACE OF DELIVERY OR OF PERFORMANCE: Services.
Main place of performance or of delivery: Tyneside Tyne and Wear Pension
Fund, Hebburn Civic Centre, Hebburn, Tyne and Wear.
NUTS code: UKC22.
II.3) SHORT DESCRIPTION OF NATURE AND QUANTITY OR VALUE OF SUPPLIES OR
SERVICES: South Tyneside Council is the administering authority of the
Tyne and Wear Pension Fund. As at 30.9.2009 the Fund was valued at GBP 3
800 000 000. The Fund is reviewing its investment management arrangements.
Whilst a final decision on which mandates will be tendered has not yet
been taken, the review is likely to include a number of quoted equity
mandates and global property.
Division into lots: no.
II.4) COMMON PROCUREMENT VOCABULARY (CPV): 66141000, 66131100.
II.5) SCHEDULED DATE FOR START OF AWARD PROCEDURES: 14.12.2009.
II.6) CONTRACT COVERED BY THE GOVERNMENT PROCUREMENT AGREEMENT (GPA): No.
II.7) ADDITIONAL INFORMATION: A Separate Contract Notice will be
published for each mandate to be tendered over the next 2 months.
SECTION III: LEGAL, ECONOMIC, FINANCIAL AND TECHNICAL INFORMATION
SECTION VI: COMPLEMENTARY INFORMATION
VI.1) CONTRACT RELATED TO A PROJECT AND/OR PROGRAMME FINANCED BY
COMMUNITY FUNDS: No.
VI.2) ADDITIONAL INFORMATION: At this stage of the process there is no
requirement for prospective tenderers to contact the Council. This prior
information notice has been placed in OJEU to make the market aware that a
tender process will commence in the near future. The formal tender notices
are expected to be placed in December. These formal notices will include
details of how prospective tenderers can apply for pre-qualification
questionnaires and be considered for inclusion on the selected list of
tenderers.
GO reference: GO 09102127/01.
VI.4) DATE OF DISPATCH OF THIS NOTICE: 21.10.2009.
Please note that this notice is for your information only.
We try our best to have the most accurate and up-to-date information available on our web site, but we cannot guarantee that all of the information provided is error-free.
If you have any suggestions for updates/corrections for this notice, please let us know.