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AwardedFind a Tender · award

ACCESS Private Equity Allocators

Buyer: HAMPSHIRE COUNTY COUNCIL →

BuyerHAMPSHIRE COUNTY COUNCIL
StatusAwarded
DeadlineNot published
ValueValue not published
Published6 Jan 2025

What is being bought

The Authority is seeking to appoint up to two Private Equity Allocators to manage and grow the Private Equity Mandates of the ACCESS Pool members. Two allocators will be appointed unless only one supplier is capable of meeting the requirements set out in the ITT, in which case the Authority reserves the right to appoint only a single supplier. This procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool. The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.

Delivery location

UKF2 · UKH · UKJ

Categories

Pension investment services 66131100

Lot details

Lot 1

Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates. The procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion. The duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Pension investment services (66131100); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 662,3353 median · 15.9 average (984 of 2,335 with a bid count)2.5 average (1,094 of 2,335 with named award suppliers)Not published
Same buyer53 median · 3 average (5 of 5 with a bid count)1 average (5 of 5 with named award suppliers)Not published
Delivery region: UKF2113 median · 4.6 average (5 of 11 with a bid count)1.6 average (5 of 11 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

ACCESS Private Equity Allocator - Contract A

Statusactive
Value£1,000,000,000

ACCESS Private Equity Allocator - Contract B

Statusactive
Value£1,000,000,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0453e2
Latest release ID000165-2025
Latest release timestampMon Jan 06 2025 11:18:46 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodselective
Procurement method detailsRestricted procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release2
Contracts in latest release2
Parties in latest release14

Notice history

DateEventReference
6 Jan 2025award, contract000165-2025
22 Apr 2024tender012912-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
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  "tag": [
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  ],
  "bids": {
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        "value": 8,
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        "relatedLot": "1"
      },
      {
        "id": "4",
        "value": 8,
        "measure": "bids",
        "relatedLot": "1"
      },
      {
        "id": "2",
        "value": 0,
        "measure": "smeBids",
        "relatedLot": "1"
      },
      {
        "id": "5",
        "value": 0,
        "measure": "smeBids",
        "relatedLot": "1"
      },
      {
        "id": "3",
        "value": 8,
        "measure": "electronicBids",
        "relatedLot": "1"
      },
      {
        "id": "6",
        "value": 8,
        "measure": "electronicBids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-01-06T11:18:46Z",
  "ocid": "ocds-h6vhtk-0453e2",
  "buyer": {
    "id": "GB-FTS-1879",
    "name": "HAMPSHIRE COUNTY COUNCIL"
  },
  "awards": [
    {
      "id": "000165-2025-1",
      "title": "ACCESS Private Equity Allocator - Contract A",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-3288300",
          "name": "Adams Street Partners LLC"
        }
      ],
      "relatedLots": [
        "1"
      ]
    },
    {
      "id": "000165-2025-2",
      "title": "ACCESS Private Equity Allocator - Contract B",
      "status": "active",
      "suppliers": [
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          "id": "GB-COH-2512083",
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        }
      ],
      "relatedLots": [
        "1"
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    }
  ],
  "tender": {
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      {
        "id": "1",
        "status": "cancelled",
        "options": {
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        },
        "hasOptions": true,
        "description": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates.\nThe procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.",
        "awardCriteria": {
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              "type": "price"
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    ],
    "items": [
      {
        "id": "1",
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        "deliveryAddresses": [
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          {
            "region": "UKH"
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          {
            "region": "UKJ"
          }
        ]
      }
    ],
    "title": "ACCESS Private Equity Allocators",
    "status": "complete",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "The Authority is seeking to appoint up to two Private Equity Allocators to manage and grow the Private Equity Mandates of the ACCESS Pool members.\nTwo allocators will be appointed unless only one supplier is capable of meeting the requirements set out in the ITT, in which case the Authority reserves the right to appoint only a single supplier.\nThis procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool. The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.",
    "classification": {
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      "scheme": "CPV",
      "description": "Pension investment services"
    },
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Restricted procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-1879",
      "name": "HAMPSHIRE COUNTY COUNCIL",
      "roles": [
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      ],
      "address": {
        "region": "UKJ36",
        "locality": "WINCHESTER",
        "postalCode": "SO238ZB",
        "countryName": "United Kingdom",
        "streetAddress": "The Castle"
      },
      "details": {
        "url": "http://www.hants.gov.uk",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
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          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
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        ]
      },
      "identifier": {
        "legalName": "HAMPSHIRE COUNTY COUNCIL",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "name": "Samantha Pullinger",
        "email": "samantha.pullinger@hants.gov.uk",
        "telephone": "+44 1962847826-847826"
      }
    },
    {
      "id": "GB-FTS-111485",
      "name": "Hartfordshire County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH23",
        "locality": "Hartford",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.hertfordshire.gov.uk/home.aspx"
      },
      "identifier": {
        "legalName": "Hartfordshire County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "contact@hertfordshire.gov.uk"
      }
    },
    {
      "id": "GB-FTS-60326",
      "name": "Isle of Wight Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ34",
        "locality": "Isle of Wight",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.iow.gov.uk/"
      },
      "identifier": {
        "legalName": "Isle of Wight Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "customer.services@iow.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1195",
      "name": "Kent County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ4",
        "locality": "Maidstone",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.kent.gov.uk/"
      },
      "identifier": {
        "legalName": "Kent County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "county.hall@kent.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1374",
      "name": "Norfolk County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH15",
        "locality": "Norwich",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.norfolk.gov.uk/"
      },
      "identifier": {
        "legalName": "Norfolk County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "DPCST@norfolk.gov.uk"
      }
    },
    {
      "id": "GB-FTS-77238",
      "name": "Suffolk County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH14",
        "locality": "Ipswitch",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.suffolk.gov.uk/"
      },
      "identifier": {
        "legalName": "Suffolk County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "customer.services@suffolk.gov.uk"
      }
    },
    {
      "id": "GB-FTS-25010",
      "name": "West Northamptonshire Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKF24",
        "locality": "Northampton",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.westnorthants.gov.uk/"
      },
      "identifier": {
        "legalName": "West Northamptonshire Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "enquiries.nbc@westnorthants.gov.uk"
      }
    },
    {
      "id": "GB-FTS-9948",
      "name": "West Sussex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ27",
        "locality": "Chichester",
        "countryName": "United Kingdom"
      },
      "details": {
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      },
      "identifier": {
        "legalName": "West Sussex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurement@westsussex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-12201",
      "name": "East Sussex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ22",
        "locality": "Lewes",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.eastsussex.gov.uk/"
      },
      "identifier": {
        "legalName": "East Sussex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "purchasing.queries@eastsussex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1060",
      "name": "Cambridgeshire County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH12",
        "locality": "Cambridge",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "http://www.cambridgshire.gov.uk/"
      },
      "identifier": {
        "legalName": "Cambridgeshire County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurementandcommercial@cambridgeshire.gov.uk"
      }
    },
    {
      "id": "GB-FTS-3523",
      "name": "Essex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH3",
        "locality": "Chelmsford",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.essex.gov.uk/"
      },
      "identifier": {
        "legalName": "Essex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurement.team@essex.gov.uk"
      }
    },
    {
      "id": "GB-COH-3288300",
      "name": "Adams Street Partners LLC",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "postalCode": "W1H 7A",
        "countryName": "United Kingdom",
        "streetAddress": "7th Floor, One Great Cumberland Place"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "3288300",
        "scheme": "GB-COH",
        "legalName": "Adams Street Partners LLC"
      }
    },
    {
      "id": "GB-COH-2512083",
      "name": "HarbourVest Partners (U.K.) Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "postalCode": "W1B 5AN",
        "countryName": "United Kingdom",
        "streetAddress": "20 Air Street"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "2512083",
        "scheme": "GB-COH",
        "legalName": "HarbourVest Partners (U.K.) Limited"
      }
    },
    {
      "id": "GB-FTS-19982",
      "name": "High Courts of England & Wales",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Courts of England & Wales"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "000165-2025-1",
      "title": "ACCESS Private Equity Allocator - Contract A",
      "value": {
        "amount": 1000000000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "000165-2025-1",
      "dateSigned": "2024-12-16T00:00:00Z"
    },
    {
      "id": "000165-2025-2",
      "title": "ACCESS Private Equity Allocator - Contract B",
      "value": {
        "amount": 1000000000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "000165-2025-2",
      "dateSigned": "2024-12-16T00:00:00Z"
    }
  ],
  "description": "Please note that the contract values for Contracts A and B are notional based on a 50:50 split of the total value available. It is possible that one supplier will receive more work, and therefore earn more in fees, than the other.",
  "initiationType": "tender"
}
Complete JSON history (2 releases)
6 Jan 2025 · 000165-2025 · award, contract
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    "classification": {
      "id": "66131100",
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    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Restricted procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-1879",
      "name": "HAMPSHIRE COUNTY COUNCIL",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ36",
        "locality": "WINCHESTER",
        "postalCode": "SO238ZB",
        "countryName": "United Kingdom",
        "streetAddress": "The Castle"
      },
      "details": {
        "url": "http://www.hants.gov.uk",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "01",
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            "description": "General public services"
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      }
    },
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      "id": "GB-FTS-111485",
      "name": "Hartfordshire County Council",
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        "buyer"
      ],
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        "locality": "Hartford",
        "countryName": "United Kingdom"
      },
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        "url": "https://www.hertfordshire.gov.uk/home.aspx"
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      "contactPoint": {
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    },
    {
      "id": "GB-FTS-60326",
      "name": "Isle of Wight Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ34",
        "locality": "Isle of Wight",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.iow.gov.uk/"
      },
      "identifier": {
        "legalName": "Isle of Wight Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "customer.services@iow.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1195",
      "name": "Kent County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ4",
        "locality": "Maidstone",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.kent.gov.uk/"
      },
      "identifier": {
        "legalName": "Kent County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "county.hall@kent.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1374",
      "name": "Norfolk County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH15",
        "locality": "Norwich",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.norfolk.gov.uk/"
      },
      "identifier": {
        "legalName": "Norfolk County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "DPCST@norfolk.gov.uk"
      }
    },
    {
      "id": "GB-FTS-77238",
      "name": "Suffolk County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH14",
        "locality": "Ipswitch",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.suffolk.gov.uk/"
      },
      "identifier": {
        "legalName": "Suffolk County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "customer.services@suffolk.gov.uk"
      }
    },
    {
      "id": "GB-FTS-25010",
      "name": "West Northamptonshire Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKF24",
        "locality": "Northampton",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.westnorthants.gov.uk/"
      },
      "identifier": {
        "legalName": "West Northamptonshire Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "enquiries.nbc@westnorthants.gov.uk"
      }
    },
    {
      "id": "GB-FTS-9948",
      "name": "West Sussex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ27",
        "locality": "Chichester",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.westsussex.gov.uk/"
      },
      "identifier": {
        "legalName": "West Sussex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurement@westsussex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-12201",
      "name": "East Sussex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ22",
        "locality": "Lewes",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.eastsussex.gov.uk/"
      },
      "identifier": {
        "legalName": "East Sussex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "purchasing.queries@eastsussex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1060",
      "name": "Cambridgeshire County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH12",
        "locality": "Cambridge",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "http://www.cambridgshire.gov.uk/"
      },
      "identifier": {
        "legalName": "Cambridgeshire County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurementandcommercial@cambridgeshire.gov.uk"
      }
    },
    {
      "id": "GB-FTS-3523",
      "name": "Essex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH3",
        "locality": "Chelmsford",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.essex.gov.uk/"
      },
      "identifier": {
        "legalName": "Essex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurement.team@essex.gov.uk"
      }
    },
    {
      "id": "GB-COH-3288300",
      "name": "Adams Street Partners LLC",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "postalCode": "W1H 7A",
        "countryName": "United Kingdom",
        "streetAddress": "7th Floor, One Great Cumberland Place"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "3288300",
        "scheme": "GB-COH",
        "legalName": "Adams Street Partners LLC"
      }
    },
    {
      "id": "GB-COH-2512083",
      "name": "HarbourVest Partners (U.K.) Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "postalCode": "W1B 5AN",
        "countryName": "United Kingdom",
        "streetAddress": "20 Air Street"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "2512083",
        "scheme": "GB-COH",
        "legalName": "HarbourVest Partners (U.K.) Limited"
      }
    },
    {
      "id": "GB-FTS-19982",
      "name": "High Courts of England & Wales",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Courts of England & Wales"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "000165-2025-1",
      "title": "ACCESS Private Equity Allocator - Contract A",
      "value": {
        "amount": 1000000000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "000165-2025-1",
      "dateSigned": "2024-12-16T00:00:00Z"
    },
    {
      "id": "000165-2025-2",
      "title": "ACCESS Private Equity Allocator - Contract B",
      "value": {
        "amount": 1000000000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "000165-2025-2",
      "dateSigned": "2024-12-16T00:00:00Z"
    }
  ],
  "description": "Please note that the contract values for Contracts A and B are notional based on a 50:50 split of the total value available. It is possible that one supplier will receive more work, and therefore earn more in fees, than the other.",
  "initiationType": "tender"
}
22 Apr 2024 · 012912-2024 · tender
{
  "id": "012912-2024",
  "tag": [
    "tender"
  ],
  "date": "2024-04-22T09:46:05+01:00",
  "ocid": "ocds-h6vhtk-0453e2",
  "buyer": {
    "id": "GB-FTS-14289",
    "name": "HAMPSHIRE COUNTY COUNCIL"
  },
  "tender": {
    "id": "EX23875",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 2000000000,
          "currency": "GBP"
        },
        "status": "active",
        "options": {
          "description": "The Private Equity Allocator Contracts will be for a term of 30 years but subject to a 5 yearly review cycle."
        },
        "hasOptions": true,
        "hasRenewal": false,
        "description": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates. \nThe procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.\nFull details of the requirement can be found in the Specification at Annex 1 of the ITT documentation by registering within Hampshire's instance of the In-Tend e-procurement platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home",
        "contractPeriod": {
          "durationInDays": 10800
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKF2"
          },
          {
            "region": "UKH"
          },
          {
            "region": "UKJ"
          }
        ]
      }
    ],
    "title": "ACCESS Private Equity Allocators",
    "value": {
      "amount": 2000000000,
      "currency": "GBP"
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "economic",
        "documentType": "economicSelectionCriteria"
      },
      {
        "id": "technical",
        "documentType": "technicalSelectionCriteria"
      }
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "The Authority is seeking to appoint up to two Private Equity Allocators to manage and grow the Private Equity Mandates of the ACCESS Pool members. \nTwo allocators will be appointed unless only one supplier is capable of meeting the requirements set out in the ITT, in which case the Authority reserves the right to appoint only a single supplier. \nThis procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool. The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.",
    "secondStage": {
      "invitationDate": "2024-06-17T00:00:00+01:00"
    },
    "tenderPeriod": {
      "endDate": "2024-05-24T14:00:00+01:00"
    },
    "contractTerms": {
      "hasElectronicPayment": true,
      "electronicInvoicingPolicy": "allowed"
    },
    "hasRecurrence": false,
    "classification": {
      "id": "66131100",
      "scheme": "CPV",
      "description": "Pension investment services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "bidValidityPeriod": {
        "durationInDays": 120
      }
    },
    "submissionMethod": [
      "electronicSubmission"
    ],
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://in-tendhost.co.uk/hampshire/aspx/Home",
    "procurementMethodDetails": "Restricted procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-14289",
      "name": "HAMPSHIRE COUNTY COUNCIL",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ36",
        "locality": "WINCHESTER",
        "postalCode": "SO238UJ",
        "countryName": "United Kingdom",
        "streetAddress": "The Castle"
      },
      "details": {
        "url": "http://www.hants.gov.uk",
        "buyerProfile": "https://www.accesspool.org/",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "HAMPSHIRE COUNTY COUNCIL",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "url": "https://in-tendhost.co.uk/hampshire/aspx/Home",
        "name": "Samantha Pullinger",
        "email": "samantha.pullinger@hants.gov.uk",
        "telephone": "+44 1962847826-847826"
      }
    },
    {
      "id": "GB-FTS-111485",
      "name": "Hartfordshire County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH23",
        "locality": "Hartford",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.hertfordshire.gov.uk/home.aspx"
      },
      "identifier": {
        "legalName": "Hartfordshire County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "contact@hertfordshire.gov.uk"
      }
    },
    {
      "id": "GB-FTS-60326",
      "name": "Isle of Wight Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ34",
        "locality": "Isle of Wight",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.iow.gov.uk/"
      },
      "identifier": {
        "legalName": "Isle of Wight Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "customer.services@iow.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1195",
      "name": "Kent County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ4",
        "locality": "Maidstone",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.kent.gov.uk/"
      },
      "identifier": {
        "legalName": "Kent County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "county.hall@kent.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1374",
      "name": "Norfolk County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH15",
        "locality": "Norwich",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.norfolk.gov.uk/"
      },
      "identifier": {
        "legalName": "Norfolk County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "DPCST@norfolk.gov.uk"
      }
    },
    {
      "id": "GB-FTS-77238",
      "name": "Suffolk County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH14",
        "locality": "Ipswitch",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.suffolk.gov.uk/"
      },
      "identifier": {
        "legalName": "Suffolk County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "customer.services@suffolk.gov.uk"
      }
    },
    {
      "id": "GB-FTS-25010",
      "name": "West Northamptonshire Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKF24",
        "locality": "Northampton",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.westnorthants.gov.uk/"
      },
      "identifier": {
        "legalName": "West Northamptonshire Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "enquiries.nbc@westnorthants.gov.uk"
      }
    },
    {
      "id": "GB-FTS-9948",
      "name": "West Sussex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ27",
        "locality": "Chichester",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.westsussex.gov.uk/"
      },
      "identifier": {
        "legalName": "West Sussex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurement@westsussex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-12201",
      "name": "East Sussex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKJ22",
        "locality": "Lewes",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.eastsussex.gov.uk/"
      },
      "identifier": {
        "legalName": "East Sussex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "purchasing.queries@eastsussex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-1060",
      "name": "Cambridgeshire County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH12",
        "locality": "Cambridge",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "http://www.cambridgshire.gov.uk/"
      },
      "identifier": {
        "legalName": "Cambridgeshire County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurementandcommercial@cambridgeshire.gov.uk"
      }
    },
    {
      "id": "GB-FTS-3523",
      "name": "Essex County Council",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKH3",
        "locality": "Chelmsford",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.essex.gov.uk/"
      },
      "identifier": {
        "legalName": "Essex County Council",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "email": "procurement.team@essex.gov.uk"
      }
    },
    {
      "id": "GB-FTS-19982",
      "name": "High Courts of England & Wales",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Courts of England & Wales"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}