Official UK procurement notice
Tender for the Provision of Investment Agent
Authority: NHS Wales Shared Services Partnership-Procurement Services (hosted by and on behalf of Velindre University NHS Trust) (NHS & healthcare)
What is being bought
Published requirement descriptionVelindre University NHS Trust is looking to procure the Provision of an Investment Agent to advise and manage investments of the Health Board’s Charitable Fund monies.
The Charity requires that the Investment Agent is a qualifying investment manager must be a registered investment advisor under the Investment Advisor Act of 1961, or a bank or insurance company, which is authorised and regulated by the Financial Services Authority
The Charity requires the successful supplier to manage the funds on behalf of the Charity in accordance with the required Charity Commission and other legal requirements placed on NHS charities.
- Recurrence: from 2026 to 2028 dependent on extensions available being exercised.
CPV: Banking and investment services · Investment banking services and related services
The lotProcurement structure
single lot · no lot value publishedWhat 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 (8)
- Company details: 5%
- Investment Process: 7.5%
- Performance: 7.5%
- Administration and reporting: 7.5%
- Ethics: 7.5%
- Interview: 25%
- price: 25%
- Social Values criteria: 15%
Published award criteria (8)
- Company details: 5%
- Investment Process: 7.5%
- Performance: 7.5%
- Administration and reporting: 7.5%
- Ethics: 7.5%
- Social Values criteria: 15%
- Interview: 25%
- Price: 25%
- Suitability
Investment Agent must be either a registered investment advisor under the Investment Advisor Act of 1961, or a bank or insurance company which is authorised and regulated by the Financial Services Authority
- Staff
- Names and qualifications of delivery staff must be submitted
- 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 · publisher note attached- 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
- Yes · from 2026 to 2028 dependent on extensions available being exercised.
- First published
- 11 Oct 2021, 17:04 BST
- Last source update
- 13 Sept 2022, 16:13 BST
- Award evaluation window
- 14 Oct 2022 – …
- Authority reference
VEL-FTS-50178- FTS notice number
2022/S 000-025697- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02ea9cFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Performance terms
The Investment Agent must be a qualifying investment manager either as a registered investment advisor under the Investment Advisor Act of 1961, or a bank or insurance company which is authorised and regulated by the Financial Services Authority
Publisher note: NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=124740 (WA Ref:124740)
How it was run
Official noticeTender documents are also served through a separate tool: https://etenderwales.bravosolution.co.uk ↗
- Submission deadline
- 14 Oct 2022, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en, cy
- Bids opened
- 14 Oct 2022, 12:00 BST
Timeline
13 Sept 2022 → 31 Mar 2023 · 4 dates- Notice published13 Sept 2022, 16:13 BST
- Submission deadline14 Oct 2022, 12:00 BST
- Bids opened14 Oct 2022, 12:00 BST
- Bids must remain valid until31 Mar 2023, 23:59 BST
Notice history
1 event · 2 releases on Find a Tender- Deadline moved to 14 Oct 2022, 12:00 BST13 Sept 2022, 16:13 BST+337 days · was 11 Nov 2021, 12:00 GMT
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview body
Official documents & specifications (4)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria
- Economic and financial selection criteria
- Technical selection criteria