{ "uri": "https://www.find-tender.service.gov.uk/api/1.0/ocdsRecordPackages/ocds-h6vhtk-035fc2", "publisher": { "name": "Cabinet Office", "scheme": "GB-GOR", "uid": "D2", "uri": "https://www.gov.uk/government/organisations/cabinet-office" }, "publishedDate": "2023-03-10T13:00:04Z", "license": "http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/", "publicationPolicy": "https://www.gov.uk/government/publications/open-contracting", "version": "1.1", "extensions": [ "https://standard.open-contracting.org/profiles/eu/latest/en/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_amendment_rationale_classifications_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_budget_breakdown_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_contract_completion_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_documentation_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_pagination_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_suitability_extension/master/extension.json", "https://raw.githubusercontent.com/portaledcahn/ocds_Links_extension/main/extension.json", "https://raw.githubusercontent.com/cabinetoffice/ocds_uk_extension/main/extension.json" ], "packages": [ "https://www.find-tender.service.gov.uk/api/1.0/ocdsRecordPackages/ocds-h6vhtk-035fc2" ], "records": [ { "ocid": "ocds-h6vhtk-035fc2", "releases": [ { "ocid": "ocds-h6vhtk-035fc2", "id": "022906-2022", "date": "2022-08-18T09:05:44+01:00", "tag": [ "tender" ], "initiationType": "tender", "tender": { "id": "EX20230", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "active", "classification": { "scheme": "CPV", "id": "66131100", "description": "Pension investment services" }, "mainProcurementCategory": "services", "description": "The Authority is seeking an investment manager to manage and grow the assigned Global Real Estate mandates of the ACCESS pool members.\nThis procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool.\nThe ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.", "value": { "amount": 250000000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint an investment manager to manage and grow the assigned Global Real Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nReal Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.\nFull details of the requirement can be found in the Specification at Annex 1 of the ITT documentation by registering within Hampshire's instance of the In-Tend e-procurement platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home Additional information: Note: The stated contract value is an estimate of fees payable over the life of the contract based on anticipated mandate size and maximum fees set out in the Pricing Schedule. The actual fees payable will depend on these and other relevant factors applicable over the course of the mandate. This amount should not be taken as a guaranteed value or payment. Specifically, the estimated total contract value shown above has been derived by making a number of assumptions at the time of writing, which include: the aggregated authority target exposure of £800 million as initial assets in the mandate; a contract length of 30 years; a maximum blended fee rate of 40 basis points; a constant asset growth assumption of 6.0%. p.a. It should be noted that in practice the actual levels of assets, fees and growth rates are highly likely to differ materially from these assumptions over the term of the mandate. For further details on the expected size of this mandate, please see 'Project Background' in Section 1 of the ITT.", "value": { "amount": 250000000, "currency": "GBP" }, "contractPeriod": { "durationInDays": 10800 }, "hasRenewal": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": true, "options": { "description": "Across the 11 ACCESS Authorities there is currently a total aggregated exposure of c. £500m to Global Real Estate (with an additional c. £150m in undrawn commitments), relative to an estimated target exposure of c. £800m (this is based on each Authority's current strategic asset allocation and latest overall portfolio valuation). Currently 3 out of the 11 Authorities have an exposure to Global Real Estate.\nThe current expectation is that the c. £500m current aggregated exposure to Global Real Estate will create the foundation of the ACCESS pooled Global Real Estate mandate. The respective Authorities are expected to redeem from their fund of funds allocations/ single fund allocations and invest the redemption proceeds into the pool. However, although possible, not all the c. £500m Global Real Estate exposure is expected to be initially transitioned to the pool. In particular, there is an existing allocation of c. £100m which is invested in a locked-up vehicle, and therefore not expected to be redeemed initially.\nIn addition, given that in aggregate, the Authorities are underweight their strategic asset allocation targets, it is anticipated that there will be a further c. £150m allocated to the pool in order to meet these targets. \nIn practical terms, it is anticipated that the initial mandate size for the pool will be between c. £400m and c. £550m.\nWhilst this estimated mandate size will form the base case for the purposes of this procurement exercise, there is scope for the total mandate size to significantly increase in scale (and - although unlikely based on information available currently - to possibly decrease), both initially and throughout the life of the mandate, due to the following factors: \n(i)\tAuthorities are currently undertaking reviews of their strategic asset allocations following the 31 March 2022 triennial actuarial valuations (these are expected to be completed by Q1 2023). For the 3 Authorities with existing exposure to Global Real Estate, the results of these reviews may affect their target allocations. This may have the impact of further increasing the capital that Authorities will collectively allocate to the Global Real Estate pool (it is also possible that the results may lead to a decrease in the amount allocated). In addition, there are a further 3 Authorities currently without existing Global Real Estate allocations, who have indicated that they are looking to add Global Real Estate exposure to their portfolios. For context, were each of these 3 Authorities to respectively seek a target Global Real Estate exposure of 3% of their overall portfolios, in total this would result in an additional c. £300m being potentially available to be allocated to the pool. \n(ii)\tIt is not anticipated that the Authority with the existing investment in a locked-up vehicle (currently c. £100m invested with an additional c. £150m in undrawn commitments) will initially transition this to the pool. However, as distributions from this investment are returned to the Authority over time, it is expected that this capital will then be allocated to the pool i.e. a further c. £250m is expected to ultimately be allocated." }, "status": "active" } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UKF2" }, { "region": "UKH" }, { "region": "UKJ2" }, { "region": "UKJ3" }, { "region": "UKJ4" } ], "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://in-tendhost.co.uk/hampshire/aspx/Home", "documents": [ { "documentType": "economicSelectionCriteria", "id": "economic1" }, { "documentType": "technicalSelectionCriteria", "id": "technical1" } ], "procurementMethod": "selective", "procurementMethodDetails": "Restricted procedure", "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2022-09-23T14:00:00+01:00" }, "secondStage": { "invitationDate": "2022-10-18T00:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ] }, "hasRecurrence": false }, "parties": [ { "name": "HAMPSHIRE COUNTY COUNCIL", "id": "GB-FTS-61740", "identifier": { "legalName": "HAMPSHIRE COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "The Castle", "locality": "WINCHESTER", "region": "UKJ36", "countryName": "United Kingdom" }, "contactPoint": { "email": "cpsajj@hants.gov.uk", "url": "https://in-tendhost.co.uk/hampshire/aspx/Home" }, "roles": [ "buyer" ], "details": { "url": "http://www.hants.gov.uk", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "04", "description": "Economic affairs" } ] } }, { "name": "Hertfordshire County Council", "id": "GB-FTS-61741", "identifier": { "legalName": "Hertfordshire County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Hertford", "region": "UKH2", "countryName": "United Kingdom" }, "contactPoint": { "email": "contact@hertfordshire.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.hertfordshire.gov.uk/home.aspx" } }, { "name": "Isle of Wight Council", "id": "GB-FTS-39771", "identifier": { "legalName": "Isle of Wight Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Newport", "region": "UKJ3", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@iow.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.iow.gov.uk/" } }, { "name": "Kent County Council", "id": "GB-FTS-1195", "identifier": { "legalName": "Kent County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Maidstone", "region": "UKJ4", "countryName": "United Kingdom" }, "contactPoint": { "email": "county.hall@kent.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.kent.gov.uk/" } }, { "name": "Norfolk County Council", "id": "GB-FTS-1374", "identifier": { "legalName": "Norfolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Norwich", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "DPCST@norfolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.norfolk.gov.uk/" } }, { "name": "Suffolk County Council", "id": "GB-FTS-5309", "identifier": { "legalName": "Suffolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Ipswich", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@suffolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.suffolk.gov.uk/" } }, { "name": "West Northamptonshire Council", "id": "GB-FTS-25010", "identifier": { "legalName": "West Northamptonshire Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Northampton", "region": "UKF2", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries.nbc@westnorthants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westnorthants.gov.uk/" } }, { "name": "West Sussex County Council", "id": "GB-FTS-9948", "identifier": { "legalName": "West Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chichester", "region": "UKJ2", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement@westsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westsussex.gov.uk/" } }, { "name": "East Sussex County Council", "id": "GB-FTS-12201", "identifier": { "legalName": "East Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Lewes", "region": "UKJ2", "countryName": "United Kingdom" }, "contactPoint": { "email": "purchasing.queries@eastsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.eastsussex.gov.uk/" } }, { "name": "Cambridge City Council", "id": "GB-FTS-31044", "identifier": { "legalName": "Cambridge City Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Cambridge", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries@cambridge.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.cambridge.gov.uk/" } }, { "name": "Essex County Council", "id": "GB-FTS-3523", "identifier": { "legalName": "Essex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chelmsford", "region": "UKH3", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement.team@essex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.essex.gov.uk/" } }, { "name": "High Court of England and Wales", "id": "GB-FTS-136", "identifier": { "legalName": "High Court of England and Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] } ], "buyer": { "id": "GB-FTS-61740", "name": "HAMPSHIRE COUNTY COUNCIL" }, "language": "en" }, { "ocid": "ocds-h6vhtk-035fc2", "id": "007055-2023", "date": "2023-03-10T13:00:04Z", "tag": [ "award", "contract" ], "initiationType": "tender", "tender": { "id": "EX20230", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "complete", "classification": { "scheme": "CPV", "id": "66131100", "description": "Pension investment services" }, "mainProcurementCategory": "services", "description": "The Authority is seeking an investment manager to manage and grow the assigned Global\nReal Estate mandates of the ACCESS pool members.\nThis procurement is being undertaken by Hampshire County Council (the Authority) on\nbehalf of the Administering Authorities who together comprise the ACCESS Pool.\nThe ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme\nAuthorities, investing the pensions of over one million members, delivering strong\ninvestment performance, achieving greater cost efficiency and benefiting from the best of\nlocal authority procurement. Further information regarding the ACCESS Pool can be found\nhere: https://www.accesspool.org/.", "lots": [ { "id": "1", "description": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is\nseeking to appoint an investment manager to manage and grow the assigned Global Real\nEstate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nReal Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review\ncycle during this period. Additional information: Note: The stated contract value is an estimate of fees payable over the life of the contract\nbased on anticipated mandate size and maximum fees set out in the Pricing Schedule. The\nactual fees payable will depend on these and other relevant factors applicable over the\ncourse of the mandate. This amount should not be taken as a guaranteed value or payment.\nSpecifically, the estimated total contract value shown above has been derived by making a\nnumber of assumptions at the time of writing, which include: the aggregated authority target\nexposure of £800 million as initial assets in the mandate; a contract length of 30 years; a\nmaximum blended fee rate of 40 basis points; a constant asset growth assumption of 6.0%.\np.a. It should be noted that in practice the actual levels of assets, fees and growth rates are\nhighly likely to differ materially from these assumptions over the term of the mandate. For\nfurther details on the expected size of this mandate, please see 'Project Background' in\nSection 1 of the ITT.", "awardCriteria": { "criteria": [ { "name": "Quality", "type": "quality", "description": "80%" }, { "type": "price", "description": "20%" } ] }, "hasOptions": true, "options": { "description": "Across the 11 ACCESS Authorities there is currently a total aggregated exposure of c. £500m\nto Global Real Estate (with an additional c. £150m in undrawn commitments), relative to an\nestimated target exposure of c. £800m (this is based on each Authority's current strategic\nasset allocation and latest overall portfolio valuation). Currently 3 out of the 11 Authorities\nhave an exposure to Global Real Estate.\nThe current expectation is that the c. £500m current aggregated exposure to Global Real\nEstate will create the foundation of the ACCESS pooled Global Real Estate mandate. The\nrespective Authorities are expected to redeem from their fund of funds allocations/ single\nfund allocations and invest the redemption proceeds into the pool. However, although\npossible, not all the c. £500m Global Real Estate exposure is expected to be initially\ntransitioned to the pool. In particular, there is an existing allocation of c. £100m which is\ninvested in a locked-up vehicle, and therefore not expected to be redeemed initially.\nIn addition, given that in aggregate, the Authorities are underweight their strategic asset\nallocation targets, it is anticipated that there will be a further c. £150m allocated to the pool\nin order to meet these targets.\nIn practical terms, it is anticipated that the initial mandate size for the pool will be between c.\n£400m and c. £550m.\nWhilst this estimated mandate size will form the base case for the purposes of this\nprocurement exercise, there is scope for the total mandate size to significantly increase in\nscale (and - although unlikely based on information available currently - to possibly\ndecrease), both initially and throughout the life of the mandate, due to the following factors:\n(i) Authorities are currently undertaking reviews of their strategic asset allocations following\nPage 13 to 16\nthe 31 March 2022 triennial actuarial valuations (these are expected to be completed by Q1\n2023). For the 3 Authorities with existing exposure to Global Real Estate, the results of\nthese reviews may affect their target allocations. This may have the impact of further\nincreasing the capital that Authorities will collectively allocate to the Global Real Estate pool\n(it is also possible that the results may lead to a decrease in the amount allocated). In\naddition, there are a further 3 Authorities currently without existing Global Real Estate\nallocations, who have indicated that they are looking to add Global Real Estate exposure to\ntheir portfolios. For context, were each of these 3 Authorities to respectively seek a target\nGlobal Real Estate exposure of 3% of their overall portfolios, in total this would result in an\nadditional c. £300m being potentially available to be allocated to the pool.\n(ii) It is not anticipated that the Authority with the existing investment in a locked-up vehicle\n(currently c. £100m invested with an additional c. £150m in undrawn commitments) will\ninitially transition this to the pool. However, as distributions from this investment are\nreturned to the Authority over time, it is expected that this capital will then be allocated to\nthe pool i.e. a further c. £250m is expected to ultimately be allocated." }, "status": "cancelled" } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UKF2" }, { "region": "UKH" }, { "region": "UKJ" } ], "relatedLot": "1" } ], "procurementMethod": "selective", "procurementMethodDetails": "Restricted procedure" }, "awards": [ { "id": "007055-2023-1", "relatedLots": [ "1" ], "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "active", "suppliers": [ { "id": "GB-COH-02076511", "name": "CBRE Investment Management Indirect Limited" } ] } ], "parties": [ { "name": "HAMPSHIRE COUNTY COUNCIL", "id": "GB-FTS-1879", "identifier": { "legalName": "HAMPSHIRE COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "The Castle", "locality": "WINCHESTER", "region": "UKJ36", "postalCode": "SO238ZB", "countryName": "United Kingdom" }, "contactPoint": { "name": "Samantha Pullinger", "telephone": "+44 1962847826-847826", "email": "samantha.pullinger@hants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.hants.gov.uk", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "name": "Hertfordshire County Council", "id": "GB-FTS-61741", "identifier": { "legalName": "Hertfordshire County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Hertford", "region": "UKH2", "countryName": "United Kingdom" }, "contactPoint": { "email": "contact@hertfordshire.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.hertfordshire.gov.uk" } }, { "name": "Isle of Wight Council", "id": "GB-FTS-39771", "identifier": { "legalName": "Isle of Wight Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Newport", "region": "UKJ34", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@iow.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.iow.gov.uk/" } }, { "name": "Kent County Council", "id": "GB-FTS-1195", "identifier": { "legalName": "Kent County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Maidstone", "region": "UKJ4", "countryName": "United Kingdom" }, "contactPoint": { "email": "county.hall@kent.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.kent.gov.uk/" } }, { "name": "Norfolk County Council", "id": "GB-FTS-1374", "identifier": { "legalName": "Norfolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Norwich", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "DPCST@norfolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.norfolk.gov.uk/" } }, { "name": "Suffolk County Council", "id": "GB-FTS-77238", "identifier": { "legalName": "Suffolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Ipswitch", "region": "UKH14", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@suffolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.suffolk.gov.uk/" } }, { "name": "West Northamptonshire Council", "id": "GB-FTS-25010", "identifier": { "legalName": "West Northamptonshire Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Northampton", "region": "UKF24", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries.nbc@westnorthants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westnorthants.gov.uk/" } }, { "name": "West Sussex County Council", "id": "GB-FTS-9948", "identifier": { "legalName": "West Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chichester", "region": "UKJ2", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement@westsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westsussex.gov.uk/" } }, { "name": "East Sussex County Council", "id": "GB-FTS-12201", "identifier": { "legalName": "East Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Lewes", "region": "UKJ22", "countryName": "United Kingdom" }, "contactPoint": { "email": "purchasing.queries@eastsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.eastsussex.gov.uk/" } }, { "name": "Cambridge City Council", "id": "GB-FTS-31044", "identifier": { "legalName": "Cambridge City Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Cambridge", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries@cambridge.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.cambridge.gov.uk/" } }, { "name": "Essex County Council", "id": "GB-FTS-3523", "identifier": { "legalName": "Essex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chelmsford", "region": "UKH3", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement.team@essex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.essex.gov.uk/" } }, { "name": "CBRE Investment Management Indirect Limited", "id": "GB-COH-02076511", "identifier": { "legalName": "CBRE Investment Management Indirect Limited", "id": "02076511", "scheme": "GB-COH" }, "address": { "streetAddress": "3rd Floor, One New Change", "locality": "London", "region": "UKI", "postalCode": "EC4M 9AF", "countryName": "United Kingdom" }, "contactPoint": { "email": "ukhelpdesk@cbre.com" }, "roles": [ "supplier" ], "details": { "url": "https://www.cbre.co.uk/", "scale": "large" } }, { "name": "High Court of England & Wales", "id": "GB-FTS-3680", "identifier": { "legalName": "High Court of England & Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries@judiciary.uk" }, "roles": [ "reviewBody" ], "details": { "url": "https://www.judiciary.uk/courts-and-tribunals/high-court/" } } ], "buyer": { "id": "GB-FTS-1879", "name": "HAMPSHIRE COUNTY COUNCIL" }, "contracts": [ { "id": "007055-2023-1", "awardID": "007055-2023-1", "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "active", "value": { "amount": 250000000, "currency": "GBP" }, "dateSigned": "2023-02-14T00:00:00Z" } ], "bids": { "statistics": [ { "id": "4", "measure": "bids", "relatedLot": "1", "value": 3 }, { "id": "5", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "6", "measure": "electronicBids", "relatedLot": "1", "value": 3 } ] }, "language": "en" } ], "compiledRelease": { "tag": [ "compiled" ], "id": "ocds-h6vhtk-035fc2-2023-03-10T13:00:04Z", "date": "2023-03-10T13:00:04Z", "ocid": "ocds-h6vhtk-035fc2", "initiationType": "tender", "tender": { "id": "EX20230", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "complete", "classification": { "scheme": "CPV", "id": "66131100", "description": "Pension investment services" }, "mainProcurementCategory": "services", "description": "The Authority is seeking an investment manager to manage and grow the assigned Global\nReal Estate mandates of the ACCESS pool members.\nThis procurement is being undertaken by Hampshire County Council (the Authority) on\nbehalf of the Administering Authorities who together comprise the ACCESS Pool.\nThe ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme\nAuthorities, investing the pensions of over one million members, delivering strong\ninvestment performance, achieving greater cost efficiency and benefiting from the best of\nlocal authority procurement. Further information regarding the ACCESS Pool can be found\nhere: https://www.accesspool.org/.", "value": { "amount": 250000000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is\nseeking to appoint an investment manager to manage and grow the assigned Global Real\nEstate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nReal Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review\ncycle during this period. Additional information: Note: The stated contract value is an estimate of fees payable over the life of the contract\nbased on anticipated mandate size and maximum fees set out in the Pricing Schedule. The\nactual fees payable will depend on these and other relevant factors applicable over the\ncourse of the mandate. This amount should not be taken as a guaranteed value or payment.\nSpecifically, the estimated total contract value shown above has been derived by making a\nnumber of assumptions at the time of writing, which include: the aggregated authority target\nexposure of £800 million as initial assets in the mandate; a contract length of 30 years; a\nmaximum blended fee rate of 40 basis points; a constant asset growth assumption of 6.0%.\np.a. It should be noted that in practice the actual levels of assets, fees and growth rates are\nhighly likely to differ materially from these assumptions over the term of the mandate. For\nfurther details on the expected size of this mandate, please see 'Project Background' in\nSection 1 of the ITT.", "value": { "amount": 250000000, "currency": "GBP" }, "contractPeriod": { "durationInDays": 10800 }, "hasRenewal": false, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": true, "options": { "description": "Across the 11 ACCESS Authorities there is currently a total aggregated exposure of c. £500m\nto Global Real Estate (with an additional c. £150m in undrawn commitments), relative to an\nestimated target exposure of c. £800m (this is based on each Authority's current strategic\nasset allocation and latest overall portfolio valuation). Currently 3 out of the 11 Authorities\nhave an exposure to Global Real Estate.\nThe current expectation is that the c. £500m current aggregated exposure to Global Real\nEstate will create the foundation of the ACCESS pooled Global Real Estate mandate. The\nrespective Authorities are expected to redeem from their fund of funds allocations/ single\nfund allocations and invest the redemption proceeds into the pool. However, although\npossible, not all the c. £500m Global Real Estate exposure is expected to be initially\ntransitioned to the pool. In particular, there is an existing allocation of c. £100m which is\ninvested in a locked-up vehicle, and therefore not expected to be redeemed initially.\nIn addition, given that in aggregate, the Authorities are underweight their strategic asset\nallocation targets, it is anticipated that there will be a further c. £150m allocated to the pool\nin order to meet these targets.\nIn practical terms, it is anticipated that the initial mandate size for the pool will be between c.\n£400m and c. £550m.\nWhilst this estimated mandate size will form the base case for the purposes of this\nprocurement exercise, there is scope for the total mandate size to significantly increase in\nscale (and - although unlikely based on information available currently - to possibly\ndecrease), both initially and throughout the life of the mandate, due to the following factors:\n(i) Authorities are currently undertaking reviews of their strategic asset allocations following\nPage 13 to 16\nthe 31 March 2022 triennial actuarial valuations (these are expected to be completed by Q1\n2023). For the 3 Authorities with existing exposure to Global Real Estate, the results of\nthese reviews may affect their target allocations. This may have the impact of further\nincreasing the capital that Authorities will collectively allocate to the Global Real Estate pool\n(it is also possible that the results may lead to a decrease in the amount allocated). In\naddition, there are a further 3 Authorities currently without existing Global Real Estate\nallocations, who have indicated that they are looking to add Global Real Estate exposure to\ntheir portfolios. For context, were each of these 3 Authorities to respectively seek a target\nGlobal Real Estate exposure of 3% of their overall portfolios, in total this would result in an\nadditional c. £300m being potentially available to be allocated to the pool.\n(ii) It is not anticipated that the Authority with the existing investment in a locked-up vehicle\n(currently c. £100m invested with an additional c. £150m in undrawn commitments) will\ninitially transition this to the pool. However, as distributions from this investment are\nreturned to the Authority over time, it is expected that this capital will then be allocated to\nthe pool i.e. a further c. £250m is expected to ultimately be allocated." }, "status": "cancelled", "awardCriteria": { "criteria": [ { "name": "Quality", "type": "quality", "description": "80%" }, { "type": "price", "description": "20%" } ] } } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UKF2" }, { "region": "UKH" }, { "region": "UKJ2" }, { "region": "UKJ3" }, { "region": "UKJ4" }, { "region": "UKF2" }, { "region": "UKH" }, { "region": "UKJ" } ], "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://in-tendhost.co.uk/hampshire/aspx/Home", "documents": [ { "id": "economic1", "documentType": "economicSelectionCriteria" }, { "id": "technical1", "documentType": "technicalSelectionCriteria" } ], "procurementMethod": "selective", "procurementMethodDetails": "Restricted procedure", "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2022-09-23T14:00:00+01:00" }, "secondStage": { "invitationDate": "2022-10-18T00:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ] }, "hasRecurrence": false }, "parties": [ { "id": "GB-FTS-61740", "name": "HAMPSHIRE COUNTY COUNCIL", "identifier": { "legalName": "HAMPSHIRE COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "The Castle", "locality": "WINCHESTER", "region": "UKJ36", "countryName": "United Kingdom" }, "contactPoint": { "email": "cpsajj@hants.gov.uk", "url": "https://in-tendhost.co.uk/hampshire/aspx/Home" }, "roles": [ "buyer" ], "details": { "url": "http://www.hants.gov.uk", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "04", "description": "Economic affairs" } ] } }, { "id": "GB-FTS-61741", "name": "Hertfordshire County Council", "identifier": { "legalName": "Hertfordshire County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Hertford", "region": "UKH2", "countryName": "United Kingdom" }, "contactPoint": { "email": "contact@hertfordshire.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.hertfordshire.gov.uk" } }, { "id": "GB-FTS-39771", "name": "Isle of Wight Council", "identifier": { "legalName": "Isle of Wight Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Newport", "region": "UKJ34", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@iow.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.iow.gov.uk/" } }, { "id": "GB-FTS-1195", "name": "Kent County Council", "identifier": { "legalName": "Kent County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Maidstone", "region": "UKJ4", "countryName": "United Kingdom" }, "contactPoint": { "email": "county.hall@kent.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.kent.gov.uk/" } }, { "id": "GB-FTS-1374", "name": "Norfolk County Council", "identifier": { "legalName": "Norfolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Norwich", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "DPCST@norfolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.norfolk.gov.uk/" } }, { "id": "GB-FTS-5309", "name": "Suffolk County Council", "identifier": { "legalName": "Suffolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Ipswich", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@suffolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.suffolk.gov.uk/" } }, { "id": "GB-FTS-25010", "name": "West Northamptonshire Council", "identifier": { "legalName": "West Northamptonshire Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Northampton", "region": "UKF24", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries.nbc@westnorthants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westnorthants.gov.uk/" } }, { "id": "GB-FTS-9948", "name": "West Sussex County Council", "identifier": { "legalName": "West Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chichester", "region": "UKJ2", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement@westsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.westsussex.gov.uk/" } }, { "id": "GB-FTS-12201", "name": "East Sussex County Council", "identifier": { "legalName": "East Sussex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Lewes", "region": "UKJ22", "countryName": "United Kingdom" }, "contactPoint": { "email": "purchasing.queries@eastsussex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.eastsussex.gov.uk/" } }, { "id": "GB-FTS-31044", "name": "Cambridge City Council", "identifier": { "legalName": "Cambridge City Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Cambridge", "region": "UKH1", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries@cambridge.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.cambridge.gov.uk/" } }, { "id": "GB-FTS-3523", "name": "Essex County Council", "identifier": { "legalName": "Essex County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Chelmsford", "region": "UKH3", "countryName": "United Kingdom" }, "contactPoint": { "email": "procurement.team@essex.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.essex.gov.uk/" } }, { "id": "GB-FTS-136", "name": "High Court of England and Wales", "identifier": { "legalName": "High Court of England and Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] }, { "id": "GB-FTS-1879", "name": "HAMPSHIRE COUNTY COUNCIL", "identifier": { "legalName": "HAMPSHIRE COUNTY COUNCIL", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "streetAddress": "The Castle", "locality": "WINCHESTER", "region": "UKJ36", "postalCode": "SO238ZB", "countryName": "United Kingdom" }, "contactPoint": { "name": "Samantha Pullinger", "telephone": "+44 1962847826-847826", "email": "samantha.pullinger@hants.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.hants.gov.uk", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "id": "GB-FTS-77238", "name": "Suffolk County Council", "identifier": { "legalName": "Suffolk County Council", "noIdentifierRationale": "notOnAnyRegister" }, "address": { "locality": "Ipswitch", "region": "UKH14", "countryName": "United Kingdom" }, "contactPoint": { "email": "customer.services@suffolk.gov.uk" }, "roles": [ "buyer" ], "details": { "url": "https://www.suffolk.gov.uk/" } }, { "id": "GB-COH-02076511", "name": "CBRE Investment Management Indirect Limited", "identifier": { "legalName": "CBRE Investment Management Indirect Limited", "id": "02076511", "scheme": "GB-COH" }, "address": { "streetAddress": "3rd Floor, One New Change", "locality": "London", "region": "UKI", "postalCode": "EC4M 9AF", "countryName": "United Kingdom" }, "contactPoint": { "email": "ukhelpdesk@cbre.com" }, "roles": [ "supplier" ], "details": { "url": "https://www.cbre.co.uk/", "scale": "large" } }, { "id": "GB-FTS-3680", "name": "High Court of England & Wales", "identifier": { "legalName": "High Court of England & Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "contactPoint": { "email": "enquiries@judiciary.uk" }, "roles": [ "reviewBody" ], "details": { "url": "https://www.judiciary.uk/courts-and-tribunals/high-court/" } } ], "buyer": { "id": "GB-FTS-1879", "name": "HAMPSHIRE COUNTY COUNCIL" }, "language": "en", "awards": [ { "id": "007055-2023-1", "relatedLots": [ "1" ], "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "active", "suppliers": [ { "id": "GB-COH-02076511", "name": "CBRE Investment Management Indirect Limited" } ] } ], "contracts": [ { "id": "007055-2023-1", "awardID": "007055-2023-1", "title": "ACCESS Pool Investment Manager for Real Estate - Global", "status": "active", "value": { "amount": 250000000, "currency": "GBP" }, "dateSigned": "2023-02-14T00:00:00Z" } ], "bids": { "statistics": [ { "id": "4", "measure": "bids", "relatedLot": "1", "value": 3 }, { "id": "5", "measure": "smeBids", "relatedLot": "1", "value": 0 }, { "id": "6", "measure": "electronicBids", "relatedLot": "1", "value": 3 } ] } }, "versionedRelease": { "ocid": "ocds-h6vhtk-035fc2", "initiationType": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "tender" } ], "tender": { "id": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "EX20230" } ], "legalBasis": { "id": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "32014L0024" } ], "scheme": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "CELEX" } ] }, "title": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "ACCESS Pool Investment Manager for Real Estate - Global" } ], "status": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "active" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "complete" } ], "classification": { "scheme": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "CPV" } ], "id": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "66131100" } ], "description": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Pension investment services" } ] }, "mainProcurementCategory": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "services" } ], "description": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "The Authority is seeking an investment manager to manage and grow the assigned Global Real Estate mandates of the ACCESS pool members.\nThis procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool.\nThe ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/." }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "The Authority is seeking an investment manager to manage and grow the assigned Global\nReal Estate mandates of the ACCESS pool members.\nThis procurement is being undertaken by Hampshire County Council (the Authority) on\nbehalf of the Administering Authorities who together comprise the ACCESS Pool.\nThe ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme\nAuthorities, investing the pensions of over one million members, delivering strong\ninvestment performance, achieving greater cost efficiency and benefiting from the best of\nlocal authority procurement. Further information regarding the ACCESS Pool can be found\nhere: https://www.accesspool.org/." } ], "value": { "amount": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": 250000000 } ], "currency": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "GBP" } ] }, "lots": [ { "id": "1", "description": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint an investment manager to manage and grow the assigned Global Real Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nReal Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.\nFull details of the requirement can be found in the Specification at Annex 1 of the ITT documentation by registering within Hampshire's instance of the In-Tend e-procurement platform at the following URL: https://in-tendhost.co.uk/hampshire/aspx/Home Additional information: Note: The stated contract value is an estimate of fees payable over the life of the contract based on anticipated mandate size and maximum fees set out in the Pricing Schedule. The actual fees payable will depend on these and other relevant factors applicable over the course of the mandate. This amount should not be taken as a guaranteed value or payment. Specifically, the estimated total contract value shown above has been derived by making a number of assumptions at the time of writing, which include: the aggregated authority target exposure of £800 million as initial assets in the mandate; a contract length of 30 years; a maximum blended fee rate of 40 basis points; a constant asset growth assumption of 6.0%. p.a. It should be noted that in practice the actual levels of assets, fees and growth rates are highly likely to differ materially from these assumptions over the term of the mandate. For further details on the expected size of this mandate, please see 'Project Background' in Section 1 of the ITT." }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "Hampshire County Council is running this procurement on behalf of ACCESS pool and is\nseeking to appoint an investment manager to manage and grow the assigned Global Real\nEstate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nReal Estate mandates of the ACCESS Pool members.\nThe procurement will be carried out as a two stage Restricted procedure.\nThe duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review\ncycle during this period. Additional information: Note: The stated contract value is an estimate of fees payable over the life of the contract\nbased on anticipated mandate size and maximum fees set out in the Pricing Schedule. The\nactual fees payable will depend on these and other relevant factors applicable over the\ncourse of the mandate. This amount should not be taken as a guaranteed value or payment.\nSpecifically, the estimated total contract value shown above has been derived by making a\nnumber of assumptions at the time of writing, which include: the aggregated authority target\nexposure of £800 million as initial assets in the mandate; a contract length of 30 years; a\nmaximum blended fee rate of 40 basis points; a constant asset growth assumption of 6.0%.\np.a. It should be noted that in practice the actual levels of assets, fees and growth rates are\nhighly likely to differ materially from these assumptions over the term of the mandate. For\nfurther details on the expected size of this mandate, please see 'Project Background' in\nSection 1 of the ITT." } ], "value": { "amount": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": 250000000 } ], "currency": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "GBP" } ] }, "contractPeriod": { "durationInDays": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": 10800 } ] }, "hasRenewal": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": false } ], "submissionTerms": { "variantPolicy": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notAllowed" } ] }, "hasOptions": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": true } ], "options": { "description": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Across the 11 ACCESS Authorities there is currently a total aggregated exposure of c. £500m to Global Real Estate (with an additional c. £150m in undrawn commitments), relative to an estimated target exposure of c. £800m (this is based on each Authority's current strategic asset allocation and latest overall portfolio valuation). Currently 3 out of the 11 Authorities have an exposure to Global Real Estate.\nThe current expectation is that the c. £500m current aggregated exposure to Global Real Estate will create the foundation of the ACCESS pooled Global Real Estate mandate. The respective Authorities are expected to redeem from their fund of funds allocations/ single fund allocations and invest the redemption proceeds into the pool. However, although possible, not all the c. £500m Global Real Estate exposure is expected to be initially transitioned to the pool. In particular, there is an existing allocation of c. £100m which is invested in a locked-up vehicle, and therefore not expected to be redeemed initially.\nIn addition, given that in aggregate, the Authorities are underweight their strategic asset allocation targets, it is anticipated that there will be a further c. £150m allocated to the pool in order to meet these targets. \nIn practical terms, it is anticipated that the initial mandate size for the pool will be between c. £400m and c. £550m.\nWhilst this estimated mandate size will form the base case for the purposes of this procurement exercise, there is scope for the total mandate size to significantly increase in scale (and - although unlikely based on information available currently - to possibly decrease), both initially and throughout the life of the mandate, due to the following factors: \n(i)\tAuthorities are currently undertaking reviews of their strategic asset allocations following the 31 March 2022 triennial actuarial valuations (these are expected to be completed by Q1 2023). For the 3 Authorities with existing exposure to Global Real Estate, the results of these reviews may affect their target allocations. This may have the impact of further increasing the capital that Authorities will collectively allocate to the Global Real Estate pool (it is also possible that the results may lead to a decrease in the amount allocated). In addition, there are a further 3 Authorities currently without existing Global Real Estate allocations, who have indicated that they are looking to add Global Real Estate exposure to their portfolios. For context, were each of these 3 Authorities to respectively seek a target Global Real Estate exposure of 3% of their overall portfolios, in total this would result in an additional c. £300m being potentially available to be allocated to the pool. \n(ii)\tIt is not anticipated that the Authority with the existing investment in a locked-up vehicle (currently c. £100m invested with an additional c. £150m in undrawn commitments) will initially transition this to the pool. However, as distributions from this investment are returned to the Authority over time, it is expected that this capital will then be allocated to the pool i.e. a further c. £250m is expected to ultimately be allocated." }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "Across the 11 ACCESS Authorities there is currently a total aggregated exposure of c. £500m\nto Global Real Estate (with an additional c. £150m in undrawn commitments), relative to an\nestimated target exposure of c. £800m (this is based on each Authority's current strategic\nasset allocation and latest overall portfolio valuation). Currently 3 out of the 11 Authorities\nhave an exposure to Global Real Estate.\nThe current expectation is that the c. £500m current aggregated exposure to Global Real\nEstate will create the foundation of the ACCESS pooled Global Real Estate mandate. The\nrespective Authorities are expected to redeem from their fund of funds allocations/ single\nfund allocations and invest the redemption proceeds into the pool. However, although\npossible, not all the c. £500m Global Real Estate exposure is expected to be initially\ntransitioned to the pool. In particular, there is an existing allocation of c. £100m which is\ninvested in a locked-up vehicle, and therefore not expected to be redeemed initially.\nIn addition, given that in aggregate, the Authorities are underweight their strategic asset\nallocation targets, it is anticipated that there will be a further c. £150m allocated to the pool\nin order to meet these targets.\nIn practical terms, it is anticipated that the initial mandate size for the pool will be between c.\n£400m and c. £550m.\nWhilst this estimated mandate size will form the base case for the purposes of this\nprocurement exercise, there is scope for the total mandate size to significantly increase in\nscale (and - although unlikely based on information available currently - to possibly\ndecrease), both initially and throughout the life of the mandate, due to the following factors:\n(i) Authorities are currently undertaking reviews of their strategic asset allocations following\nPage 13 to 16\nthe 31 March 2022 triennial actuarial valuations (these are expected to be completed by Q1\n2023). For the 3 Authorities with existing exposure to Global Real Estate, the results of\nthese reviews may affect their target allocations. This may have the impact of further\nincreasing the capital that Authorities will collectively allocate to the Global Real Estate pool\n(it is also possible that the results may lead to a decrease in the amount allocated). In\naddition, there are a further 3 Authorities currently without existing Global Real Estate\nallocations, who have indicated that they are looking to add Global Real Estate exposure to\ntheir portfolios. For context, were each of these 3 Authorities to respectively seek a target\nGlobal Real Estate exposure of 3% of their overall portfolios, in total this would result in an\nadditional c. £300m being potentially available to be allocated to the pool.\n(ii) It is not anticipated that the Authority with the existing investment in a locked-up vehicle\n(currently c. £100m invested with an additional c. £150m in undrawn commitments) will\ninitially transition this to the pool. However, as distributions from this investment are\nreturned to the Authority over time, it is expected that this capital will then be allocated to\nthe pool i.e. a further c. £250m is expected to ultimately be allocated." } ] }, "status": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "active" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "cancelled" } ], "awardCriteria": { "criteria": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ { "name": "Quality", "type": "quality", "description": "80%" }, { "type": "price", "description": "20%" } ] } ] } } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKF2" } ] }, { "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKH" } ] }, { "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ2" } ] }, { "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ3" } ] }, { "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ4" } ] }, { "region": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKF2" } ] }, { "region": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKH" } ] }, { "region": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKJ" } ] } ], "relatedLot": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "1" } ] } ], "submissionMethod": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "electronicSubmission" ] } ], "submissionMethodDetails": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://in-tendhost.co.uk/hampshire/aspx/Home" } ], "documents": [ { "id": "economic1", "documentType": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "economicSelectionCriteria" } ] }, { "id": "technical1", "documentType": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "technicalSelectionCriteria" } ] } ], "procurementMethod": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "selective" } ], "procurementMethodDetails": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Restricted procedure" } ], "coveredBy": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "GPA" ] } ], "tenderPeriod": { "endDate": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "2022-09-23T14:00:00+01:00" } ] }, "secondStage": { "invitationDate": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "2022-10-18T00:00:00+01:00" } ] }, "submissionTerms": { "languages": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "en" ] } ] }, "hasRecurrence": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": false } ] }, "parties": [ { "id": "GB-FTS-61740", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "HAMPSHIRE COUNTY COUNCIL" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "HAMPSHIRE COUNTY COUNCIL" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "streetAddress": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "The Castle" } ], "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "WINCHESTER" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ36" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "cpsajj@hants.gov.uk" } ], "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://in-tendhost.co.uk/hampshire/aspx/Home" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "http://www.hants.gov.uk" } ], "classifications": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "04", "description": "Economic affairs" } ] } ] } }, { "id": "GB-FTS-61741", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Hertfordshire County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Hertfordshire County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Hertford" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKH2" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "contact@hertfordshire.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.hertfordshire.gov.uk/home.aspx" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "http://www.hertfordshire.gov.uk" } ] } }, { "id": "GB-FTS-39771", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Isle of Wight Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Isle of Wight Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Newport" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ3" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKJ34" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "customer.services@iow.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.iow.gov.uk/" } ] } }, { "id": "GB-FTS-1195", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Kent County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Kent County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Maidstone" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ4" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "county.hall@kent.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.kent.gov.uk/" } ] } }, { "id": "GB-FTS-1374", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Norfolk County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Norfolk County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Norwich" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKH1" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "DPCST@norfolk.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.norfolk.gov.uk/" } ] } }, { "id": "GB-FTS-5309", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Suffolk County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Suffolk County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Ipswich" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKH1" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "customer.services@suffolk.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.suffolk.gov.uk/" } ] } }, { "id": "GB-FTS-25010", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "West Northamptonshire Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "West Northamptonshire Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Northampton" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKF2" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKF24" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "enquiries.nbc@westnorthants.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.westnorthants.gov.uk/" } ] } }, { "id": "GB-FTS-9948", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "West Sussex County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "West Sussex County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Chichester" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ2" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "procurement@westsussex.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.westsussex.gov.uk/" } ] } }, { "id": "GB-FTS-12201", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "East Sussex County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "East Sussex County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Lewes" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKJ2" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKJ22" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "purchasing.queries@eastsussex.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.eastsussex.gov.uk/" } ] } }, { "id": "GB-FTS-31044", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Cambridge City Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Cambridge City Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Cambridge" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKH1" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "enquiries@cambridge.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.cambridge.gov.uk/" } ] } }, { "id": "GB-FTS-3523", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Essex County Council" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Essex County Council" } ], "noIdentifierRationale": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "Chelmsford" } ], "region": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "UKH3" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "procurement.team@essex.gov.uk" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "https://www.essex.gov.uk/" } ] } }, { "id": "GB-FTS-136", "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "High Court of England and Wales" } ], "identifier": { "legalName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "High Court of England and Wales" } ] }, "address": { "locality": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "London" } ], "countryName": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "United Kingdom" } ] }, "roles": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": [ "reviewBody" ] } ] }, { "id": "GB-FTS-1879", "name": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "HAMPSHIRE COUNTY COUNCIL" } ], "identifier": { "legalName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "HAMPSHIRE COUNTY COUNCIL" } ], "noIdentifierRationale": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "notOnAnyRegister" } ] }, "address": { "streetAddress": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "The Castle" } ], "locality": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "WINCHESTER" } ], "region": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKJ36" } ], "postalCode": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "SO238ZB" } ], "countryName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "United Kingdom" } ] }, "contactPoint": { "name": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "Samantha Pullinger" } ], "telephone": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "+44 1962847826-847826" } ], "email": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "samantha.pullinger@hants.gov.uk" } ] }, "roles": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "http://www.hants.gov.uk" } ], "classifications": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ { "scheme": "TED_CA_TYPE", "id": "REGIONAL_AUTHORITY", "description": "Regional or local authority" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } ] } }, { "id": "GB-FTS-77238", "name": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "Suffolk County Council" } ], "identifier": { "legalName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "Suffolk County Council" } ], "noIdentifierRationale": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "notOnAnyRegister" } ] }, "address": { "locality": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "Ipswitch" } ], "region": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKH14" } ], "countryName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "customer.services@suffolk.gov.uk" } ] }, "roles": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ "buyer" ] } ], "details": { "url": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "https://www.suffolk.gov.uk/" } ] } }, { "id": "GB-COH-02076511", "name": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "CBRE Investment Management Indirect Limited" } ], "identifier": { "legalName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "CBRE Investment Management Indirect Limited" } ], "id": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "02076511" } ], "scheme": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "GB-COH" } ] }, "address": { "streetAddress": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "3rd Floor, One New Change" } ], "locality": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "London" } ], "region": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "UKI" } ], "postalCode": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "EC4M 9AF" } ], "countryName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "ukhelpdesk@cbre.com" } ] }, "roles": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ "supplier" ] } ], "details": { "url": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "https://www.cbre.co.uk/" } ], "scale": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "large" } ] } }, { "id": "GB-FTS-3680", "name": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "High Court of England & Wales" } ], "identifier": { "legalName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "High Court of England & Wales" } ] }, "address": { "locality": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "London" } ], "countryName": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "United Kingdom" } ] }, "contactPoint": { "email": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "enquiries@judiciary.uk" } ] }, "roles": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ "reviewBody" ] } ], "details": { "url": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "https://www.judiciary.uk/courts-and-tribunals/high-court/" } ] } } ], "buyer": { "id": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "GB-FTS-61740" }, { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "GB-FTS-1879" } ], "name": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "HAMPSHIRE COUNTY COUNCIL" } ] }, "language": [ { "releaseID": "022906-2022", "releaseDate": "2022-08-18T09:05:44+01:00", "releaseTag": [ "tender" ], "value": "en" } ], "awards": [ { "id": "007055-2023-1", "relatedLots": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": [ "1" ] } ], "title": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "ACCESS Pool Investment Manager for Real Estate - Global" } ], "status": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "active" } ], "suppliers": [ { "id": "GB-COH-02076511", "name": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "CBRE Investment Management Indirect Limited" } ] } ] } ], "contracts": [ { "id": "007055-2023-1", "awardID": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "007055-2023-1" } ], "title": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "ACCESS Pool Investment Manager for Real Estate - Global" } ], "status": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "active" } ], "value": { "amount": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": 250000000 } ], "currency": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "GBP" } ] }, "dateSigned": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "2023-02-14T00:00:00Z" } ] } ], "bids": { "statistics": [ { "id": "4", "measure": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "bids" } ], "relatedLot": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "1" } ], "value": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": 3 } ] }, { "id": "5", "measure": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "smeBids" } ], "relatedLot": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "1" } ], "value": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": 0 } ] }, { "id": "6", "measure": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "electronicBids" } ], "relatedLot": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": "1" } ], "value": [ { "releaseID": "007055-2023", "releaseDate": "2023-03-10T13:00:04Z", "releaseTag": [ "award", "contract" ], "value": 3 } ] } ] } } } ] }