Find a TenderAwarded
Published 8 Sept 2021, 10:42 BST

Official UK procurement notice

Charitable Funds Investment Management Tender

Official notice

Authority: MSE Group

ServicesRestricted procedure
Awarded value£1,500,000published contract · exc. VAT
Submissions closed 8 Oct 2021awarded 25 Feb 2022
Awarded to aberdeen group plc

What is being bought

Published requirement description

This tender is for the management of investments held by Mid and South Essex NHS Foundation Trust Charity (Charity Commission Registration Number 1057266).

CPV: Corporate finance and venture capital services · Investment banking services and related services · Portfolio management services

The lotProcurement structure

single lot · no lot value published
Lot #1The Trustee of Mid and South Essex NHS Foundation Trust Charity wishes to re-tender…Awarded

The Trustee of Mid and South Essex NHS Foundation Trust Charity wishes to re-tender the role of Investment Manager for the Charity’s investment and all further information is contained in the tender documents.

Delivery: East of England · Essex
Second stage: 5–10 candidates invited to tenderVariant 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
Price: 100%
Published sub-criteria (1)
  • As per the ITT document: 100%
Published award criteria (1)
  • As per the ITT document: 100.00%
What this means for your bid
  • Price carries 100 of 100 points: a 10% discount moves about 10 points. This one is won on the number: sharpen the price before polishing the prose.

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

Procedure terms & legal framework

From the official record
Procedure method
Restricted 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
No (one-off requirement)
First published
8 Sept 2021, 10:42 BST
Last source update
25 Feb 2022, 12:45 GMT
Authority reference
CA9203 - MSBP278
FTS notice number
2022/S 000-005292
Classification (CPV)
Corporate finance and venture capital servicesInvestment banking services and related servicesPortfolio management services
Delivery area
East of England (UKH3)
Official registry OCID
ocds-h6vhtk-02de4d Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Review and risk notes
Review procedure

As per procurement documents

How it was run

Official notice
Run through: MultiQuote · Who buys & how to bid on MultiQuote
Supplier login requiredLanguage: EN
Access & registration note: Free
Submission deadline
8 Oct 2021, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

8 Oct 2021 → 25 Feb 2022 · 2 dates
  1. Submission deadline
    8 Oct 2021, 12:00 BST
  2. Notice published
    25 Feb 2022, 12:45 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    25 Feb 2022, 12:45 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,500,0001 contract exc. VAT
Bids received 7
Contracts signed 1latest 25 Feb 2022
Awarded toValueDateStatus
aberdeen group plc£1,500,000 †—Awarded

Contracts

  • Charitable Funds Investment Management Tender · aberdeen group plc

    Signed
    25 Feb 2022
    Value
    £1,500,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
7bids———

Contracting authority & participating public bodies

MSE Group

Contracting authorityBody governed by public lawHealth Britannia House, Unit 12-14, Britannia Business Park, Southend, East of England, SS2 6GEContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Southend University Hospital NHS Foundation TrustReview body SouthendContact email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • abrdnAwarded supplier 1 Bread Street, , London, UK, EC4M 9HHContact email, 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