Section one: Contracting authority
one.1) Name and addresses
NHS Wales Shared Services Partnership
Cardiff and Vale University Local Health Board, Brechnock House, 8th Floor, University Hospital of Wales,
Cardiff
CF14 4XW
Contact
Sophie Stacey / Emma Rowe-Jones
Telephone
+44 2920746577
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
http://www.procurement.wales.nhs.uk
Buyer's address
https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0221
one.2) Information about joint procurement
The contract is awarded by a central purchasing body
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Health
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Asset Investment Management Service
Reference number
CAV-OJEU-PROJECT42467
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
CARDIFF AND VALE LOCAL HEALTH BOARD CHARITY has the requirement for Investment Management Services. The
Charity is seeking innovative responses to deliver Investment Services commensurate with the esponsibilities of NHS Charities.
The contract will be for a period of 2 years commencing from 1st October 2019 with the Health Board option to extend for a maximum of a further two years.
The Charity seeks to maximise the total return on funds held and the Charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of Asset Class Distribution. In terms of the current portfolio, the Local Health Board’s investments had a market value of GPB 6.2m as at March 2019 and the portfolio is broken down over various sectors as shown in the tender documents. 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.
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66120000 - Investment banking services and related services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
- UKL22 - Cardiff and Vale of Glamorgan
two.2.4) Description of the procurement
Cardiff and Vale University Health Board Charity has the requirement for Investment Management Services. The
Charity is seeking innovative responses to deliver Investment Services commensurate with the responsibilities of NHS Charities.
The contract will be for a period of 2 years commencing from 1st October 2019 with the Health Board option to extend for a maximum of a further two years.
The Charity seeks to maximise the total return on funds held and the Charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of Asset Class Distribution. In terms of the current portfolio, the Local Health Board’s investments had a market value of GBP 6.114m as at March 2019 and the portfolio is broken down over various sectors as shown in the tender documents. 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. The current
restrictions placed on investments by the Charity are set out in the approved investment strategy which is provided in the tender documents.
two.2.5) Award criteria
Price
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: 2019/S 144-354761
Section five. Award of contract
Contract No
CAV-OJEU-PROJECT42467
A contract/lot is awarded: No
five.1) Information on non-award
The contract/lot is not awarded
Other reasons (discontinuation of procedure)
Section six. Complementary information
six.3) Additional information
(WA Ref:142846)
six.4) Procedures for review
six.4.1) Review body
HIgh Court
High Court Royal Courts of Justice, The Strand +44 2079477501
London
WC2A 2LL
Country
United Kingdom