The Provision of Alternative Investment Fund Manager(‘AIFM’) Services and Administration and Depositary Services

Suitability – Authorisation or Membership

Please complete “Suitability - Authorisation or Membership” question within the SPD module of PCS:

Question 4A.2A - Bidders are required in country of establishment to hold an authorisation of the FCA and all required FCA permissions to perform the services.

Pass = The Tenderer has provided confirmation that it will provide evidence of holding an authorisation of the FCA and all required FCA permissions to perform the services when requested by the Purchaser.

Fail = The Tenderer has not provided confirmation .that it will provide evidence of holding an authorisation of the FCA and all required FCA permissions to perform the services when requested by the Purchaser.

Please complete “Insurance Requirements” on the online SPD and submit on PCS.

It is a requirement that all Tenderers must have or commit to have the required insurance levels at commencement of the Agreement as indicated below.

Question 4B.5.a Professional Risk Indemnity - 10m GBP

Question 4B.5.b Employers Liability - 10m GBP

Question 4B.5.c Other Insurances: Product and Public Liability – 5m GBP

A copy of the Insurance Certificate or Brokers Letter must be provided prior to award to demonstrate that the Insurance requirements can be met.

Please confirm that you can meet this requirement and that this information shall be provided when requested, prior to award.

Other Economic or Financial Requirements - Financial Accounts

Question 4B.6 - The successful Tenderer will be required to provide two years of audited accounts or equivalent prior to award to the Contract. If you are unable to provide the required accounting information – e.g. a new business without the required accounts, please provide a banker’s letter demonstrating their willingness to support your organisation over the term of the Contract.

The Bank shall assess the financial accounts or banker’s letter submitted. It may seek further clarity if necessary and use all financial information submitted to ensure that the Tenderer has satisfactory economic and financial standing to meet the contract requirements. If analysis of a Tenderer’s financial position determines that additional measures are necessary to provi…

Question 4C.1.2 of SPD:

Bidders are required to provide clear evidence of their track record, capacity for scaling operations, and market presence that align with the Bank’s specific requirements. Additionally, they must substantiate their claims by addressing each example of past experience outlined in point 8.3, ensuring their previous engagements directly reflect the scope and standards expected for this opportunity. This covers experience over the last 5 years.

Track Record

Outline your experience providing both Host AIFM and fund administration services, including evidence of operating these services in an integrated model.

Clearly articulate your organisation’s track record supporting institutional clients with similar structures (e.g. closed-ended funds, private markets vehicles, asset-backed funds).

Scale and Market Presence

Outline the scale and relevance of the organisation’s operations, including the number and nature of clients currently supported under a hosted AIFM mode similar in size to the banks’ requirements.

Provide evidence of assets under management (AUM) and assets under administration that reflect experience relevant to the Bank’s proposed fund structure.

Provide evidence that the organisation has the operational capacity and financial resilience to support a fund of the size and complexity envisaged by the Bank.

Provide Relevant Examples of the following:

Evidence of past experience delivering Host AIFM and administration services. Specifically:

Exampl…