Official UK procurement notice
LW049 Investment Managers · UK public procurement notice
Authority: Liverpool School of Tropical Medicine (Education)
Sectors: Financial and insurance services (66) Delivery: North West (UKD72)
Budget not disclosed£1≈ £0 / year
Submissions closed 25 Apr 2022awarded 1 Jun 2022
Awarded to Ruffer LLP, abrdn Capital Limited
Contract term 3 yrsends 31 May 2025 · extension options published · starts 1 Jun 2022
What is being bought
Published requirement descriptionA contract has been awarded by LSTM for investment Manager services
CPV: Investment banking services and related services
The lotProcurement structure
single lot · value publishedLot #1A contract has been awarded by LSTM Group for Investment ManagersAwardedRenewalPublished value£1
What it takes to wini
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 morei
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).
How bids were scored
Published sub-criteria (5)
- Experience of managing similar portfolios: 15%
- Service Quality: 20%
- Investment Advice and delivery: 20%
- Fees: 15%
- Environmental, Social and Governance Considerations: 30%
Published award criteria (5)
- Experience of managing similar portfolios: 15
- Environmental, Social and Governance Considerations: 30
- Service Quality: 20
- Investment Advice and delivery: 20
- Fees: 15
What this means for your bid
- Price carries 15 of 100 points: a 10% discount moves about 1.5 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 · 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
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 21 Mar 2022, 18:15 GMT
- Last source update
- 18 Jul 2022, 16:05 BST
- Award evaluation window
- 25 Apr 2022 – …
- Authority reference
LW049- FTS notice number
2022/S 000-019586- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03246dFind a Tender
Contract terms
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=706662981 GO Reference: GO-2022718-PRO-20629511
How it was run
Official notice- Submission deadline
- 25 Apr 2022, 12:00 BST
- Submission channel
- {"written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 25 Apr 2022, 12:00 BST
Timeline
25 Apr 2022 → 18 Jul 2022 · 4 dates- Submission deadline25 Apr 2022, 12:00 BST
- Bids opened25 Apr 2022, 12:00 BST
- Contract starts1 Jun 2022, 00:00 BST
- Notice published18 Jul 2022, 16:05 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete18 Jul 2022, 16:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £400,0001 contract exc. VAT
Bids received 10
Contracts signed 1latest 1 Jun 2022
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Ruffer LLP, abrdn Capital Limitedjoint award | £400,000 † | — | Awarded |
Contracts
Contract 019586-2022-1-1 · Ruffer LLP, abrdn Capital Limited
- Signed
- 1 Jun 2022
- Value
- £400,000
- Period
- … – 31 May 2025
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 10bids · 10 electronic · 10 from abroad | 0 | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
2 commercial parties on the notice- Ruffer LLPAwarded supplier
- abrdn Capital LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria