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Notice
Official language
500863-2017 - ResultSee the notice on TED website 
500863-2017 - ResultUnited Kingdom-Norwich: Pension investment services
OJ S 241/2017 15/12/2017
Contract award notice
Services
Legal Basis:
Directive 2014/24/EU
Section I: Contracting authority
I.1.
Name and addresses
Official name: Norfolk County Council
Official name: Norfolk County Council
Postal address: Martineau Lane
Town: Norwich
NUTS code: UK United Kingdom
Postal code: NR1 2DH
Country: United Kingdom
Contact person: Julie Ward
E-mail: sourcingteam@norfolk.gov.uk
Internet address(es):
Main address: www.norfolk.gov.uk
Address of the buyer profile: https://in-tendhost.co.uk/norfolkcc/aspx/Home
I.1.
Name and addresses
Official name: Norfolk County Council
Official name: Norfolk County Council
Postal address: County Hall
Town: Martineau Lane
NUTS code: UKH15 Norwich and East Norfolk
Postal code: NR1 2DH
Country: United Kingdom
E-mail: sourcingteam@norfolk.gov.uk
Internet address(es):
Main address: www.norfolk.gov.uk
I.2.
Information about joint procurement
The contract involves joint procurement
I.4.
Type of the contracting authority
Regional or local authority
Regional or local authority
I.5.
Main activity
General public services
General public services
Section II: Object
II.1.
Scope of the procurement
II.1.1.
Title
A Multi-Provider Framework Agreement for the Provision of Investment Consultancy Services
Reference number: NCCT41358
II.1.2.
Main CPV code
66131100 Pension investment services
66131100 Pension investment services
II.1.3.
Type of contract
Services
Services
II.1.4.
Short description
Norfolk County Council, on its own behalf and on behalf of Cheshire Pension Fund, the Environment Agency Pension Fund, London Borough of Hackney, London Borough of Tower Hamlets, Merseyside Pension Fund, Cambridgeshire, Northamptonshire and West Sussex County Councils have let a multi-provider framework agreement for the provision of Investment Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS).
II.1.6.
Information about lots
This contract is divided into lots: yes
This contract is divided into lots: yes
II.1.7.
Total value of the procurement
Value excluding VAT: 100 000 000,00 GBP
Value excluding VAT: 100 000 000,00 GBP
II.2.
Description
II.2.1.
Title
Investment Consultancy Services.
Lot No: 1
II.2.2.
Additional CPV code(s)
66131100 Pension investment services, 66131100 Pension investment services
66131100 Pension investment services, 66131100 Pension investment services
II.2.3.
Place of performance
NUTS code: UK United Kingdom
II.2.4.
Description of the procurement
To provide a wide range of advisory services in relation to investment management support services. Eight providers have been appointed to Lot 1 of the framework agreement.
II.2.5.
Award criteria
Quality criterion - Name: Quality / Weighting: 80 %
Price - Weighting: 20 %
II.2.11.
Information about options
Options: no
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
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14.
Additional information
The framework agreement will be in place for a period of 4 years. Contracting authorities and other bodies as set out in the OJEU/contract notice will be able to let contracts under the framework for up to 7 years (5 years with a maximum 2 year extension).
II.2.
Description
II.2.1.
Title
Manager Search/Selection/Monitoring and Review Services
Lot No: 2
II.2.2.
Additional CPV code(s)
66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services
66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services
II.2.3.
Place of performance
NUTS code: UK United Kingdom
II.2.4.
Description of the procurement
To provide a wide range of advisory services in relation to the appointment of investment management support services. Eight providers have been appointed to Lot 2 of the Framework Agreement.
II.2.5.
Award criteria
Quality criterion - Name: Quality / Weighting: 80 %
Price - Weighting: 20 %
II.2.11.
Information about options
Options: no
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
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14.
Additional information
The Framework agreement will be in place for a period of 4 years. Contracting authorities and other bodies as set out in the OJEU/contract notice will be able to let contracts under the framework for up to 7 years (5 years with a maximum 2 year extension).
II.2.
Description
II.2.1.
Title
Investment Management Consultancy-related rpecialist project services
Lot No: 3
II.2.2.
Additional CPV code(s)
66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services
66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services, 66131100 Pension investment services
II.2.3.
Place of performance
NUTS code: UK United Kingdom
II.2.4.
Description of the procurement
To undertake a wide range of discrete pieces of specialist, investment-related work. Eleven providers have been appointed to lot 3 of the Framework Agreement.
II.2.5.
Award criteria
Quality criterion - Name: Quality / Weighting: 80 %
Price - Weighting: 20 %
II.2.11.
Information about options
Options: no
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
The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14.
Additional information
Section IV: Procedure
IV.1.
Description
IV.1.1.
Type of procedure
Open procedure
Open procedure
IV.1.3.
Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
IV.1.8.
Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: no
The procurement is covered by the Government Procurement Agreement: no
IV.2.
Administrative information
IV.2.1.
IV.2.8.
Information about termination of dynamic purchasing system
IV.2.9.
Information about termination of call for competition in the form of a prior information notice
Section V: Award of contract
Contract No: NCCT41358 Lot 1
Lot No: 1
Title:
Investment Consultancy Services
A contract/lot is awarded: yes
V.2.
Award of contract
V.2.1.
Date of conclusion of the contract
28/09/2017
28/09/2017
V.2.2.
Information about tenders
Number of tenders received: 10
Number of tenders received: 10
Number of tenders received from SMEs: 1
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators: yes
V.2.3.
Name and address of the contractor
Official name: Aon Hewitt Ltd
Official name: Aon Hewitt Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Deloitte Total Reward and Benefits Limited
Official name: Deloitte Total Reward and Benefits Limited
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Hymans Roberston LLP
Official name: Hymans Roberston LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Mercer Ltd
Official name: Mercer Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: KPMG LLP
Official name: KPMG LLP
Town: Glasgow
NUTS code: UK United Kingdom
Postal code: G2 5AS
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: PricewaterhouseCoopers LLP
Official name: PricewaterhouseCoopers LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Redington Ltd
Official name: Redington Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: yes
V.2.3.
Name and address of the contractor
Official name: JLT Employee Benefits
Official name: JLT Employee Benefits
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.4.
Information on value of the contract/lot
Initial estimated total value of the contract/lot: 50 000 000,00 GBP
Total value of the contract/lot: 50 000 000,00 GBP
V.2.5.
Information about subcontracting
Section V: Award of contract
Contract No: NCCT3158 Lot 2
Lot No: 2
Title:
Manager Search/Selection/Monitoring Services
A contract/lot is awarded: yes
V.2.
Award of contract
V.2.1.
Date of conclusion of the contract
28/09/2017
28/09/2017
V.2.2.
Information about tenders
Number of tenders received: 10
Number of tenders received: 10
Number of tenders received from SMEs: 2
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators: yes
V.2.3.
Name and address of the contractor
Official name: Allenbridge
Official name: Allenbridge
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: yes
V.2.3.
Name and address of the contractor
Official name: Aon Hewitt Ltd
Official name: Aon Hewitt Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: bfinance
Official name: bfinance
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: KPMG LLP
Official name: KPMG LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Hymans Robertson LLP
Official name: Hymans Robertson LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: JLT Employee Benefits
Official name: JLT Employee Benefits
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Mercer Ltd
Official name: Mercer Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Redington Ltd
Official name: Redington Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: yes
V.2.4.
Information on value of the contract/lot
Initial estimated total value of the contract/lot: 35 000 000,00 GBP
Total value of the contract/lot: 35 000 000,00 GBP
V.2.5.
Information about subcontracting
Section V: Award of contract
Contract No: NCCT41358 Lot 4
Lot No: 3
Title:
Investment Management Consultancy-related Specialist Project services
A contract/lot is awarded: yes
V.2.
Award of contract
V.2.1.
Date of conclusion of the contract
28/09/2017
28/09/2017
V.2.2.
Information about tenders
Number of tenders received: 15
Number of tenders received: 15
Number of tenders received from SMEs: 5
Number of tenders received by electronic means: 15
The contract has been awarded to a group of economic operators: yes
V.2.3.
Name and address of the contractor
Official name: Aon Hewitt Ltd
Official name: Aon Hewitt Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: bfinance UK Ltd
Official name: bfinance UK Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Hymans Robertson LLP
Official name: Hymans Robertson LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: JLT Employee Benefits
Official name: JLT Employee Benefits
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: KPMG LLP
Official name: KPMG LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Mercer Ltd
Official name: Mercer Ltd
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: PricewaterhouseCoopers LLP
Official name: PricewaterhouseCoopers LLP
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Redington
Official name: Redington
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: yes
V.2.3.
Name and address of the contractor
Official name: The Smart Cube
Official name: The Smart Cube
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.3.
Name and address of the contractor
Official name: Allenbridge
Official name: Allenbridge
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: yes
V.2.3.
Name and address of the contractor
Official name: Alpha Financial Marketing Consulting
Official name: Alpha Financial Marketing Consulting
Town: London
NUTS code: UK United Kingdom
Country: United Kingdom
The contractor is an SME: no
V.2.4.
Information on value of the contract/lot
Initial estimated total value of the contract/lot: 15 000 000,00 GBP
Total value of the contract/lot: 15 000 000,00 GBP
V.2.5.
Information about subcontracting
Section VI: Complementary information
VI.3.
Additional information
Norfolk County Council has worked jointly with the following authorities to procure the framework — Cambridgeshire, Northamptonshire and West Sussex County Council, Cheshire Pension Fund, the Environment Agency Pension Fund, London Boroughs of Hackney and Tower Hamlets and Merseyside Pension Fund. In addition to those listed above, the framework may also be used by: — any LGPS administering authorities and any of their participating employing authorities as defined in the Local Government Pension Scheme Regulations 2013 SI2013 Nº.2356 (as amended) and the Local Government Pension Scheme (Administration) (Scotland) Regulations 2008 as amended by SSI 2011/349; — the Committee (the NILGOSC) and employing authorities as defined in the Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009 / SRNI 2009/33 — the Board of the Pension Protection Fund http://www.pensionprotectionfund.org.uk — any other administering authority or organisation of a public sector pension scheme or any public sector body that requires pensions related services; and — any Common Asset Pool or Collective Investment Vehicle established by or on behalf of an administering authority or group of administering authorities; any Local Government Pension Fund(s) or groups of Pension Funds; or any bodies, organisations or companies established by them for the purpose of operating on a collective basis.
VI.4.
Procedures for review
VI.4.1.
Review body
Official name: Norfolk County Council
Official name: Norfolk County Council
Postal address: Martineau Lane
Town: Norwich
Postal code: NR1 2DH
Country: United Kingdom
E-mail: sourcingteam@norfolk.gov.uk
Internet address: www.norfolk.gov.uk
VI.4.2.
Body responsible for mediation procedures
Official name: Norfolk County Council
Official name: Norfolk County Council
Postal address: Martineau Lane
Town: Norwich
Postal code: NR1 2DH
Country: United Kingdom
E-mail: sourcingteam@norfolk.gov.uk
Internet address: www.norfolk.gov.uk
VI.4.3.
Review procedure
Precise information on deadline(s) for review procedures:
The Public Contracts Regulations 2015 (as amended) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern EN Standard form 02 — Contract notice 12 / 19 Ireland). Proceedings must be brought within 30 days from the date of knowledge (the date on which the economic operator first knew or ought to have known that grounds for starting the proceedings had arisen) unless the Court considers that there is good reason for extending the period within which proceedings may be brought, in which case the Court may extend that period up to a maximum of 3 months from the date of knowledge.
VI.4.4.
Service from which information about the review procedure may be obtained
Official name: Norfolk County Council
Official name: Norfolk County Council
Postal address: Martineau Lane
Town: Norwich
Postal code: NR1 2DH
Country: United Kingdom
E-mail: sourcingteam@norfolk.gov.uk
Internet address: www.norfolk.gov.uk
VI.5.
Date of dispatch of this notice
12/12/2017
12/12/2017
