Section one: Contracting authority
one.1) Name and addresses
University of York
Heslington
York
YO10 5DD
Contact
Procurement Office
Telephone
+44 1904328207
Country
United Kingdom
NUTS code
UKE21 - York
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Education
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Investment Manager Services
Reference number
UY/PROC/844
two.1.2) Main CPV code
- 66120000 - Investment banking services and related services
two.1.3) Type of contract
Services
two.1.4) Short description
The University of York is pleased to invite tenders from FCA authorised firms for the provision of discretionary investment management services for an initial contract term of 5 years. The University's investment portfolio currently contains permanent endowment assets valued at approximately £7.3m. The services we require as a minimum are: - Suitable investment strategy and allocation advice- Portfolio management and reporting- Account management and market insightFurther details can be found in the invitation to tender documents.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £206,966
two.2) Description
two.2.2) Additional CPV code(s)
- 66120000 - Investment banking services and related services
two.2.3) Place of performance
NUTS codes
- UKE21 - York
two.2.4) Description of the procurement
As stated in II.1.4
two.2.5) Award criteria
Quality criterion - Name: Quality criterion - Name: Quality criteria with sub-criteria as set out in the ITT documents / Weighting: 75
Price - Weighting: 25
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
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.2.1) Previous publication concerning this procedure
Notice number: 2022/S 000-005072
Section five. Award of contract
Contract No
UY/PROC/844
Title
Investment Manager Services
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
14 November 2022
five.2.2) Information about tenders
Number of tenders received: 15
Number of tenders received from SMEs: 3
Number of tenders received from tenderers from other EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 15
Number of tenders received by electronic means: 15
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
abrdn Capital Limited
London
Country
United Kingdom
NUTS code
- UKI - London
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £200,000
Total value of the contract/lot: £206,966
Section six. Complementary information
six.3) Additional information
Please note that the values published are the anticipated spend for the 5 year initial term of the contract. The University reserves the right to extend for a further 1+1 years.
six.4) Procedures for review
six.4.1) Review body
University of York
York
Country
United Kingdom