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Published 12 Aug 2022, 11:29 BST

Official UK procurement notice

FS1580: Tender for the Provision of an Investment Manager to provide an investment portfolio of Liquid Asset-Matching Investments

Official notice

Authority: Wiltshire Council (Local council)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: South West (UKK15)
Published estimate£3,200,000exc. VAT
Submissions closed 16 Sept 2022

What is being bought

Published requirement description

Wiltshire Pension Fund is tendering for an investment manager to provide an investment portfolio consisting of ETF funds which attempts to track the overall strategic asset allocation return.

CPV: Pension investment services

The lotProcurement structure

single lot · value published
Lot #1Published value£3,200,000
Delivery: South West
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: 75%Price: 25%
Published award criteria (2)
  • Quality: 75
  • Price: 25
Conditions of participation2
  • Suitability

    As per the tender documentation shown at www.supplyingthesouthwest.gov.uk ↗

  • Technical & professional ability

    Tenderers must hold a suitable FCA authorisation to deliver these requirements.

What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 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
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Closed
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
12 Aug 2022, 11:29 BST
Last source update
12 Aug 2022, 11:29 BST
Award evaluation window
16 Sept 2022 – …
Authority reference
DN627660
FTS notice number
2022/S 000-022269
Classification (CPV)
Pension investment services
Delivery area
South West (UKK15)
Official registry OCID
ocds-h6vhtk-035b50 Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
16 Sept 2022, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
16 Sept 2022, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

www.supplyingthesouthwest.gov.uk ↗

Timeline

12 Aug 2022 → 28 Feb 2023 · 4 dates
  1. Notice published
    12 Aug 2022, 11:29 BST
  2. Submission deadline
    16 Sept 2022, 12:00 BST
  3. Bids opened
    16 Sept 2022, 12:00 BST
  4. Bids must remain valid until
    28 Feb 2023, 23:59 GMT

Contracting authority & participating public bodies

Wiltshire Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Wiltshire Council, County Hall, Bythesea Road, Trowbridge, South West, BA14 8JNContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body London

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