Tender

SYPA - Appointment of Independent Financial Adviser

  • South Yorkshire Pensions Authority

F02: Contract notice

Notice identifier: 2024/S 000-027858

Procurement identifier (OCID): ocds-h6vhtk-04970b

Published 2 September 2024, 9:19am



Section one: Contracting authority

one.1) Name and addresses

South Yorkshire Pensions Authority

Oakwell House, 2 Beevor Court, Pontefract Road

Barnsley, South Yorkshire

S71 1HG

Contact

Annie Palmer

Email

Apalmer@sypa.org.uk

Telephone

+44 01226666404

Country

United Kingdom

Region code

UKE - Yorkshire and the Humber

National registration number

518243064

Internet address(es)

Main address

https://www.sypensions.org.uk/

Buyer's address

https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104506

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=84999&B=SYPA

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=84999&B=SYPA

Tenders or requests to participate must be submitted to the above-mentioned address

one.4) Type of the contracting authority

Other type

Local Government Pension Scheme

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

SYPA - Appointment of Independent Financial Adviser

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

South Yorkshire Pensions Authority is the public body responsible for the stewardship of the £11bn+ South Yorkshire Pension Fund which is part of the Local Government Pension Scheme. The Authority is now seeking to appoint an independent investment adviser to the Authority to take up the role with effect from December 2024.

two.1.5) Estimated total value

Value excluding VAT: £280,000

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

two.2.3) Place of performance

NUTS codes
  • UKE - Yorkshire and the Humber
Main site or place of performance

South Yorkshire Pensions Authority - Barnsley

two.2.4) Description of the procurement

South Yorkshire Pensions Authority is the public body responsible for the stewardship of the £11bn+ South Yorkshire Pension Fund which is part of the Local Government Pension Scheme. The Authority is now seeking to appoint an independent investment adviser to the Authority to take up the role with effect from December 2024.

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: £280,000

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months

36

This contract is subject to renewal

Yes

Description of renewals

Option to renew after initial 36 month period - to a maximum of 120 months.

two.2.10) Information about variants

Variants will be accepted: No

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

two.2.14) Additional information

If you have any queries or would like to arrange a call to discuss the role further, please contact Head of Governance and Corporate Services, Jo Stone, at the following email address: governanceteam@sypa.org.uk

To apply for this role, please submit a CV and covering letter setting out how you meet the requirements set out in the documentation to governanceteam@sypa.org.uk.


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

See documentation.

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

See documentation.


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.2.2) Time limit for receipt of tenders or requests to participate

Date

23 September 2024

Local time

8:00am

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.7) Conditions for opening of tenders

Date

23 September 2024

Local time

8:00am


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: No

six.4) Procedures for review

six.4.1) Review body

South Yorkshire Pensions Authority

Oakwell House, 2 Beevor Court, Pontefract Road

Barnsley

S71 1HG

Email

Apalmer@sypa.org.uk

Telephone

+44 1226666404

Country

United Kingdom

six.4.4) Service from which information about the review procedure may be obtained

South Yorkshire Pensions Authority

Oakwell House, 2 Beevor Court, Pontefract Road

Barnsley

S71 1HG

Email

governanceteam@sypa.org.uk

Country

United Kingdom