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UK-Dumfries: pension fund management services

Contract Award

General Information
Country:   United Kingdom
City/Locality:   DUMFRIES
Notice/Contract Number:   eu:11590-2010
Publication Date:   Jan 15, 2010
Buyer:   DUMFRIES AND GALLOWAY COUNCIL
Original Language:   English

Contact Information
Address:   DUMFRIES AND GALLOWAY COUNCIL
DUMFRIES, Dumfries & Galloway
United Kingdom
Web Site:   www.dumgal.gov.uk

Goods, Works and Services

 

Summary

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Notice Type: 2280 - Contract award
Regulation of Procurement: European Communities, with participation by GPA countries
EU Official Journal Publication: 10/2010, #11590-2010
Referenced Document Number: 260524-2008
Contract Nature: Service contract
Procedure Type: Restricted procedure
Type of Bid Required: Not applicable
Awarding Criteria: The most economic tender
Successful Bidder: NAME AND ADDRESS OF ECONOMIC OPERATOR IN FAVOUR OF WHOM A CONTRACT AWARD
DECISION HAS BEEN TAKEN: Threadneedle, 60 St. Mary Axe, London EC3A 8JQ,
UNITED KINGDOM. E-mail: Stephen.Hearle@Threadneedle.co.uk. Tel. +44
2074645506.
KBC Asset Management UK Ltd, 111 Old Broad St London, London EC2N 1BR,
UNITED KINGDOM. E-mail: lucy.williams@kbcam.co.uk. Tel. +44 2076146081.
Fax +44 2076146082.

Original Text

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CONTRACT AWARD NOTICE
Services
SECTION I: CONTRACTING AUTHORITY
I.1) NAME, ADDRESSES AND CONTACT POINT(S): Dumfries and Galloway Council,
Carruthers House, English Street, Attn: Andrew Ewart, Dumfries DG1 2HP,
UNITED KINGDOM. Tel. +44 1387260276. E-mail: Andrew.Ewart@dumgal.gov.uk.
Fax +44 1387260368.
Internet address(es):
General address of the contracting authority: www.dumgal.gov.uk.
I.2) TYPE OF THE CONTRACTING AUTHORITY AND MAIN ACTIVITY OR ACTIVITIES:
Regional or local authority.
The contracting authority is purchasing on behalf of other contracting
authorities: no.
SECTION II: OBJECT OF THE CONTRACT
II.1) DESCRIPTION
II.1.1) Title attributed to the contract: Appointment of pension fund
investment manager(s)(property).
II.1.2) Type of contract and location of works, place of delivery or of
performance: Services.
Service category No 6.
Main site or location of works, place of delivery or of performance:
Services.
NUTS code UKM32.
II.1.4) Short description of the contract or purchase(s): A pooled
approach to the management of UK property and /or global property assets
(mandate size of up to 40-45 million GBP, or 10 % of total fund assets),
with a starting level of approximately 12- 16 Million GBP.
II.1.5) Common procurement vocabulary (CPV): 66141000.
II.1.6) Contract covered by the Government Procurement Agreement (GPA):
Yes.
II.2) TOTAL FINAL VALUE OF CONTRACT(S)
II.2.1) Total final value of contract(s): Value: 28 000 000 GBP.
Excluding VAT.
SECTION IV: PROCEDURE
IV.1) TYPE OF PROCEDURE
IV.1.1) Type of procedure: Restricted.
IV.2) AWARD CRITERIA
IV.2.1) Award criteria: The most economically advantageous tender in
terms of
1. Corporate Reputation. Weighting: 20.
2. People. Weighting: 20.
3. Philosophy. Weighting: 20.
4. Process. Weighting: 20.
5. Most Economically Advantageous Tender. Weighting: 20.
IV.2.2) An electronic auction has been used: No.
IV.3) ADMINISTRATIVE INFORMATION
IV.3.2) Previous publication(s) concerning the same contract: Contract
notice
Notice number in the OJEU: 2008/S 197-260524 of 10.10.2008.
SECTION V: AWARD OF CONTRACT
V.1) Date of contract award decision: 31.12.2009.
V.2) NUMBER OF OFFERS RECEIVED: 11.
V.3) NAME AND ADDRESS OF ECONOMIC OPERATOR IN FAVOUR OF WHOM A CONTRACT
AWARD DECISION HAS BEEN TAKEN: Threadneedle, 60 St. Mary Axe, London EC3A
8JQ, UNITED KINGDOM. E-mail: Stephen.Hearle@Threadneedle.co.uk. Tel. +44
2074645506.
V.4) INFORMATION ON VALUE OF CONTRACT Initial estimated total value of
the contract:
Value: 45 000 000 GBP.
Excluding VAT.
Total final value of the contract:
Value: 14 000 000 GBP.
Excluding VAT.
V.5) THE CONTRACT IS LIKELY TO BE SUB-CONTRACTED: No.
V.1) Date of contract award decision: 31.12.2009.
V.2) NUMBER OF OFFERS RECEIVED: 11.
V.3) NAME AND ADDRESS OF ECONOMIC OPERATOR IN FAVOUR OF WHOM A CONTRACT
AWARD DECISION HAS BEEN TAKEN: KBC Asset Management UK Ltd, 111 Old Broad
St London, London EC2N 1BR, UNITED KINGDOM. E-mail:
lucy.williams@kbcam.co.uk. Tel. +44 2076146081. Fax +44 2076146082.
V.4) INFORMATION ON VALUE OF CONTRACT Initial estimated total value of
the contract:
Value: 45 000 000 GBP.
Excluding VAT.
Total final value of the contract:
Value: 14 000 000 GBP.
Excluding VAT.
V.5) THE CONTRACT IS LIKELY TO BE SUB-CONTRACTED: No.
SECTION VI: COMPLEMENTARY INFORMATION
VI.1) CONTRACT RELATED TO A PROJECT AND/OR PROGRAMME FINANCED BY
COMMUNITY FUNDS: No.
VI.4) DATE OF DISPATCH OF THIS NOTICE: 14.1.2010.
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