Official UK procurement notice
Provision of Fiduciary Management services to Aberystwyth University Pension Scheme
Authority: Aberystwyth University (Education)
What is being bought
Published requirement descriptionTo provide a FM service to Aberystwyth University Pension Scheme (“the Scheme”) together with the necessary investment consultancy advice for the Defined Benefit section of the Plan only to allow the Trustee to set the strategic investment objectives for the Fund and help consideration of the development of a de-risking plan.
CPV: Pension fund consultancy services · Pension fund management services · Pension investment services · Pension services
The lotProcurement structure
single lot · no lot value publishedLot #1Fulfilling these roles will involve the appointed FM taking instructions from the…AwardedRenewal
Fulfilling these roles will involve the appointed FM taking instructions from the Trustee Board as well as other persons notified to the FM from time to time.
Whilst this is proceeding through the University's procurement process the appointment will be a decision for trustees and all obligations and duties of the FM manager are owed to the trustees. The trustees shall have to satisfy themselves that their legal obligations as trustees in relation to investment advice and management are being fulfilled. It shall be the Pension Scheme and not the University that is entering into the contractual obligations.
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).
Published sub-criteria (2)
- Technical: 95%
- Cost: 5%
Published award criteria (2)
- Technical: 95
- Cost: 5
- Suitability
Please see tender documentation
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 5 of 100 points: a 10% discount moves about 0.5 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 13 Dec 2023, 12:02 GMT
- Last source update
- 24 Oct 2024, 14:46 BST
- Award evaluation window
- 31 Jan 2024 – …
- FTS notice number
2024/S 000-034501- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-042534Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Performance terms
Please tender documentation
Publisher note: (WA Ref:145563)
How it was run
Official noticeTender documents are also served through a separate tool: https://etenderwales.bravosolution.co.uk/ ↗
- Submission deadline
- 31 Jan 2024, 14:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en, cy
- Bid validity
- 180 days from the deadline
- Bids opened
- 31 Jan 2024, 14:00 GMT
Timeline
31 Jan 2024 → 24 Oct 2024 · 3 dates- Submission deadline31 Jan 2024, 14:00 GMT
- Bids opened31 Jan 2024, 14:00 GMT
- Notice published24 Oct 2024, 14:46 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete24 Oct 2024, 14:46 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| SCHRODERS PLCSME | £1,500,000 † | — | Awarded |
Contracts
Contract 034501-2024-1 · SCHRODERS PLCSME
- Signed
- 11 Apr 2024
- Value
- £1,500,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 8bids · 8 electronic · 8 from abroad | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- SCHRODERS PLCAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria