Section one: Contracting authority
one.1) Name and addresses
LGPS CENTRAL LIMITED
Wolverhampton
Country
United Kingdom
Region code
UKG39 - Wolverhampton
Companies House
10425159
Internet address(es)
Main address
one.4) Type of the contracting authority
Other type
Sub-Central Contracting Authority
one.5) Main activity
Other activity
Fund Management Activities
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Transition Management Services for Emerging Markets and Global Equity Transitions
two.1.2) Main CPV code
- 66150000 - Financial markets administration services
two.1.3) Type of contract
Services
two.1.4) Short description
LGPS Central Limited wish to appoint a provider on behalf of (and for the benefit of) itself and associated Pension Funds, to provide Transition Management and Implementation Services for the forthcoming Emerging Market and Global Equity investment fund transitions.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Lowest offer: £100,000 / Highest offer: £277,500 taken into consideration
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKG39 - Wolverhampton
two.2.4) Description of the procurement
LGPS Central Limited wish to appoint a provider on behalf of (and for the benefit of) itself and associated Pension Funds, to provide Transition Management and Implementation Services for the forthcoming Emerging Market and Global Equity investment fund transitions.
two.2.5) Award criteria
Quality criterion - Name: Organisation / Weighting: 5.00
Quality criterion - Name: Trading / Weighting: 10.00
Quality criterion - Name: Investment Risk / Weighting: 7.50
Quality criterion - Name: Operational Risk / Weighting: 7.50
Quality criterion - Name: Compliance / Weighting: 5.00
Quality criterion - Name: Governance / Weighting: 7.50
Quality criterion - Name: Systems and Process / Weighting: 7.50
Quality criterion - Name: Approach to Transitions / Weighting: 20.00
Price - Weighting: 30.00
two.2.11) Information about options
Options: 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: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2023/S 000-003569
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
27 May 2023
five.2.2) Information about tenders
Number of tenders received: 4
Number of tenders received by electronic means: 4
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Russell Investments Limited
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
02086230
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Lowest offer: £100,000 / Highest offer: £277,500 taken into consideration
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
LGPS Central Limited
Wolverhampton
Country
United Kingdom