Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
LGPS CENTRAL LIMITED
10425159
Wolverhampton
UK
E-mail: procurement@lgpscentral.co.uk
NUTS: UKG39
Internet address(es)
Main address: www.lgpscentral.co.uk
I.4) Type of the contracting authority
Other: Sub-Central Contracting Authority
I.5) Main activity
Other: Fund Management Activities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Transition Management Services for Emerging Markets and Global Equity Transitions
II.1.2) Main CPV code
66150000
II.1.3) Type of contract
Services
II.1.4) Short description
LGPS Central Limited wish to appoint a provider on behalf of (and for the benefit of) itself and associated Pension Funds, to provide Transition Management and Implementation Services for the forthcoming Emerging Market and Global Equity investment fund transitions.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Lowest offer:
100 000.00
GBP/ Highest offer:
277 500.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKG39
II.2.4) Description of the procurement
LGPS Central Limited wish to appoint a provider on behalf of (and for the benefit of) itself and associated Pension Funds, to provide Transition Management and Implementation Services for the forthcoming Emerging Market and Global Equity investment fund transitions.
II.2.5) Award criteria
Quality criterion: Organisation
/ Weighting: 5.00
Quality criterion: Trading
/ Weighting: 10.00
Quality criterion: Investment Risk
/ Weighting: 7.50
Quality criterion: Operational Risk
/ Weighting: 7.50
Quality criterion: Compliance
/ Weighting: 5.00
Quality criterion: Governance
/ Weighting: 7.50
Quality criterion: Systems and Process
/ Weighting: 7.50
Quality criterion: Approach to Transitions
/ Weighting: 20.00
Price
/ Weighting:
30.00
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-003569
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
27/05/2023
V.2.2) Information about tenders
Number of tenders received: 4
Number of tenders received by electronic means: 4
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Russell Investments Limited
02086230
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
100 000.00
GBP
/ Highest offer:
277 500.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
LGPS Central Limited
Wolverhampton
UK
VI.5) Date of dispatch of this notice
29/06/2023