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Published 2 Feb 2024, 11:30 GMT

Official UK procurement notice

AA-357-23 Investment Advisor for Endowment Fund

Official notice

Authority: NHS Ayrshire & Arran (NHS & healthcare)

ServicesOpen procedureSME suitable
Sectors: Financial and insurance services (66) Delivery: Scotland (UKM93)
Published value£200,000published on the single lot · exc. VAT
Submissions closed 5 Mar 2024awarded 3 May 2024
Awarded to S&W Partners LLP

What is being bought

Published requirement description

This tender is for the management of investments held by NHS Ayrshire & Arran (Scottish Registered Charity: SC007448

  • Recurrence: The recurrent procurement will be advertised in 2029.

CPV: Investment banking services and related services

The lotProcurement structure

single lot · value published
Lot #1This tender is for the management of investments held by NHS Ayrshire & Arran…AwardedRenewalPublished value£200,000

This tender is for the management of investments held by NHS Ayrshire & Arran Endowment Fund (Scottish Registered Charity SC007448).

Delivery: Scotland
Extensions: he contract will be for a period of three years with the option to extend up to 2 x 12 month periods.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70
  • Price: 30
Conditions of participation2
  • Suitability

    Selection criteria as stated in the procurement documents

  • Technical & professional ability

    Regulated in the UK by the Financial Conduct Authority (FCA).

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · The recurrent procurement will be advertised in 2029.
First published
2 Feb 2024, 11:30 GMT
Last source update
6 May 2024, 12:51 BST
Award evaluation window
5 Mar 2024 – …
Authority reference
AA-357-23
FTS notice number
2024/S 000-014440
Classification (CPV)
Investment banking services and related services
Delivery area
Scotland (UKM93)
Official registry OCID
ocds-h6vhtk-0436b2 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Performance terms

As stated in the Tender Documents.

Publisher note: (SC Ref:765722)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
Submission deadline
5 Mar 2024, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Participation fee
document
Bids opened
5 Mar 2024, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

www.publiccontractsscotland.gov.uk ↗

Timeline

5 Mar 2024 → 5 Jun 2024 · 4 dates
  1. Submission deadline
    5 Mar 2024, 12:00 GMT
  2. Bids opened
    5 Mar 2024, 12:00 GMT
  3. Notice published
    6 May 2024, 12:51 BST
  4. Bids must remain valid until
    5 Jun 2024, 23:59 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    6 May 2024, 12:51 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £140,0001 contract exc. VAT
Bids received 114 from SMEs
Contracts signed 1latest 3 May 2024
Awarded toValueDateStatus
S&W Partners LLPSME£140,000 †—Awarded

Contracts

  • Contract 014440-2024-1 · S&W Partners LLPSME

    Signed
    3 May 2024
    Value
    £140,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
11bids · 11 electronic4——

Contracting authority & participating public bodies

NHS Ayrshire & Arran

Contracting authorityNHS & healthcareBody governed by public lawHealth Eglinton House, Ailsa Hospital, Dalmellington Road, Ayr, Scotland, KA6 6ABContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Kilmarnock Sheriff CourtReview body Kilmarnock

Bidders & participating suppliers

1 commercial party on the notice
  • Evelyn PartnersAwarded supplier 206 St Vincent Street, Glasgow, Scotland, G2 5SGContact phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria