- 1. HAMPSHIRE COUNTY COUNCIL
- 2. Hertfordshire County Council
- 3. Isle of Wight Council
- 4. Kent County Council
- 5. Norfolk County Council
- 6. Suffolk County Council
- 7. West Northamptonshire Council
- 8. West Sussex County Council
- 9. East Sussex County Council
- 10. Cambridgeshire County Council
- 11. Essex County Council
Section one: Contracting authority
one.1) Name and addresses
HAMPSHIRE COUNTY COUNCIL
The Castle
WINCHESTER
SO238ZB
Contact
Samantha Pullinger
samantha.pullinger@hants.gov.uk
Telephone
+44 3707798816
Country
United Kingdom
Region code
UKJ36 - Central Hampshire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Hertfordshire County Council
Hertford
Country
United Kingdom
Region code
UKH23 - Hertfordshire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.hertfordshire.gov.uk/home.aspx
one.1) Name and addresses
Isle of Wight Council
Isle of Wight
Country
United Kingdom
Region code
UKJ34 - Isle of Wight
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Kent County Council
Maidstone
Country
United Kingdom
Region code
UKJ4 - Kent
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Norfolk County Council
Norwich
Country
United Kingdom
Region code
UKH15 - Norwich and East Norfolk
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Suffolk County Council
Ipswich
customer.services@suffolk.gov.uk
Country
United Kingdom
Region code
UKH14 - Suffolk
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
West Northamptonshire Council
Northampton
enquiries.nbc@westnorthants.gov.uk
Country
United Kingdom
Region code
UKF24 - West Northamptonshire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.westnorthants.gov.uk/
one.1) Name and addresses
West Sussex County Council
Chichester
Country
United Kingdom
Region code
UKJ27 - West Sussex (South West)
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.westsussex.gov.uk/
one.1) Name and addresses
East Sussex County Council
Lewes
purchasing.queries@eastsussex.gov.uk
Country
United Kingdom
Region code
UKJ22 - East Sussex CC
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.eastsussex.gov.uk/
one.1) Name and addresses
Cambridgeshire County Council
Cambridge
procurementandcommercial@cambridgeshire.gov.uk
Country
United Kingdom
Region code
UKH12 - Cambridgeshire CC
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Essex County Council
Chelmsford
Country
United Kingdom
Region code
UKH3 - Essex
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.2) Information about joint procurement
The contract involves joint procurement
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://in-tendhost.co.uk/hampshire/aspx/Home
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://in-tendhost.co.uk/hampshire/aspx/Home
one.4) Type of the contracting authority
Regional or local Agency/Office
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
ACCESS Pool Authorised Contractual Scheme Operator
Reference number
EX21332
two.1.2) Main CPV code
- 66141000 - Pension fund management services
two.1.3) Type of contract
Services
two.1.4) Short description
Hampshire County Council (the Authority) is procuring this requirement on behalf of the ACCESS Pool of LGPS Pensions.
ACCESS is seeking a suitably experienced, knowledgeable and skilled organisation, with the appropriate regulatory registrations, to fulfil the role of the FCA regulated company which undertakes selection, appointment, dismissal and variation of terms of investment managers, and provides and operates pool vehicles for Administering Authorities in the ACCESS Pool.
The Authorised Contractual Scheme (ACS) is an authorised contractual scheme in co-ownership form and authorised by the Financial Conduct Authority (FCA) with effect from 9 August 2018. The ACS has an unlimited duration
The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme
Authorities, investing the pensions of over one million members, delivering strong
investment performance, achieving greater cost efficiency and benefiting from the best of
local authority procurement. Further information regarding the ACCESS Pool can be found
here: https://www.accesspool.org/.
two.1.5) Estimated total value
Value excluding VAT: £80,000,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 66131100 - Pension investment services
- 66520000 - Pension services
two.2.3) Place of performance
NUTS codes
- UKF24 - West Northamptonshire
- UKH12 - Cambridgeshire CC
- UKH14 - Suffolk
- UKH15 - Norwich and East Norfolk
- UKH16 - North and West Norfolk
- UKH3 - Essex
- UKJ22 - East Sussex CC
- UKJ27 - West Sussex (South West)
- UKJ28 - West Sussex (North East)
- UKJ3 - Hampshire and Isle of Wight
- UKJ4 - Kent
two.2.4) Description of the procurement
Hampshire County Council is undertaking this procurement on behalf of the ACCESS Pool of LGPS Pension Funds.
The procurement will follow a single stage, Open Tender process for the appointment of a the ACS Operator.
The Operator Agreement will run for a term of up to 10 years, subject to review in the 5th year.
Tenderers should note that the Estimated Value provided in this notice is an estimate of fees payable over the life of the contract based on current and anticipated AuM growth over the life of the contract. The actual fees payable will depend on these and other relevant factors applicable over the course of the contract. This amount should not be taken as a guaranteed value or payment.
Full details of the requirement can be found in the Specification at Annex 1 of the ITT
documentation by registering within Hampshire's instance of the In-Tend e-procurement
platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £80,000,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
120
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: Yes
Description of options
The Operator Agreement will run for an initial term of 5 years with the option, following satisfactory review, to continue for a further 5 years.
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions
As set out in the procurement documents.
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
10 May 2024
Local time
2:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until: 22 November 2024
four.2.7) Conditions for opening of tenders
Date
10 May 2024
Local time
3:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.2) Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
six.4) Procedures for review
six.4.1) Review body
High Court of England & Wales
The Strand
London
Country
United Kingdom