Section one: Contracting authority
one.1) Name and addresses
Abertay University
Bell Street
Dundee
DD1 1HG
Telephone
+44 1382308995
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
Buyer's address
https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00103
one.3) Communication
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://www.publictendersscotland.publiccontractsscotland.gov.uk/
one.4) Type of the contracting authority
Other type
Higher Education
one.5) Main activity
Education
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Investment Manager
Reference number
AU-PRO-2021-060
two.1.2) Main CPV code
- 66100000 - Banking and investment services
two.1.3) Type of contract
Services
two.1.4) Short description
Abertay University is looking for the services of an Investment Manager to manage the long term investment of its assets portfolio.
two.1.5) Estimated total value
Value excluding VAT: £180,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 66100000 - Banking and investment services
- 66120000 - Investment banking services and related services
two.2.3) Place of performance
NUTS codes
- UKM71 - Angus and Dundee City
Main site or place of performance
Dundee
two.2.4) Description of the procurement
The University requires an Investment Manager to manage it's asset portfolio. The Investment Manager must take into account environmental, social, and governance factors when considering any investment. It is also expected that the Investment Manager is a signatory to the UN Principles for Responsible Investment (UNPRI) and the UK Stewardship Code in this regard. Responsible Investment is a key requirement of this provision.
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
8 March 2022
End date
1 April 2025
This contract is subject to renewal
Yes
Description of renewals
An option to extend will be available for a period(s) of up to 36 months.
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.3) Estimated date of publication of contract notice
15 November 2021
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
Investment Manager is a signatory to the UN Principles for Responsible Investment (UNPRI) and the UK Stewardship Code
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
three.2) Conditions related to the contract
three.2.2) Contract performance conditions
the University has a number of investment restrictions in place, including:
No direct investment in companies involved in tobacco production
No direct investment in alcohol producers
No direct investment in companies involved in the production of weapons
No investment in companies known to be involved in any offences as stated within the Modern Slavery Act 2015
The Investment Manager is responsible for ensuring no investments are made with companies involved in the above restricted activities where it can be identified, with their relevant supply chains.
three.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
Section four. Procedure
four.1) Description
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.2.5) Scheduled date for start of award procedures
9 December 2021
Section six. Complementary information
six.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
six.3) Additional information
NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=668875.
(SC Ref:668875)
six.4) Procedures for review
six.4.1) Review body
Dundee Sheriff Court
6 W Bell St
Dundee
DD1 9AD
Country
United Kingdom