Services - 40137-2015

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04/02/2015    S24

Sweden-Stockholm: Pension investment services

2015/S 024-040137

Contract notice

Services

Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

Official name: AP7 Seventh Swedish National Pension Fund
Postal address: Vasagatan 11 Stockholm
Town: Stockholm
Postal code: SE-101 21
Country: Sweden
Contact person: Via bfinance (see Annex A)

Internet address(es):

General address of the contracting authority: www.ap7.se

Further information can be obtained from:
Official name: bfinance
Postal address: Clareville House, 26-27 Oxendon Street
Town: London
Postal code: SW1Y 4EL
Country: United Kingdom
For the attention of: Justin Preston/Ian Shea
E-mail: ap7beta@bfinance.com
Telephone: +44 2077478600
Fax: +44 2079301540
Internet address: www.bfinance.com

Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from:
Official name: bfinance
Postal address: Clareville House, 26-27 Oxendon Street
Town: London
Postal code: SW1Y 4EL
Country: United Kingdom
For the attention of: Justin Preston/Ian Shea
E-mail: ap7beta@bfinance.com
Telephone: +44 2077478600
Fax: +44 2079301540
Internet address: www.bfinance.com

Tenders or requests to participate must be sent to:
Official name: bfinance
Postal address: Clareville House, 26-27 Oxendon Street
Town: London
Postal code: SW1Y 4EL
Country: United Kingdom
For the attention of: Justin Preston/Ian Shea
E-mail: ap7beta@bfinance.com
Telephone: +44 2077478600
Fax: +44 2079301540
Internet address: www.bfinance.com

I.2)Type of the contracting authority
National or federal agency/office
I.3)Main activity
Other: provider of government run fund within the Swedish Premium Pension System
I.4)Contract award on behalf of other contracting authorities
The contracting authority is purchasing on behalf of other contracting authorities: no

Section II: Object of the contract

II.1)Description
II.1.1)Title attributed to the contract by the contracting authority:
Investment Management Services — Passive Global Equity.
II.1.2)Type of contract and location of works, place of delivery or of performance
Services
Service category No 6: Financial services a) Insurances services b) Banking and investment services
NUTS code
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
The notice involves a public contract
II.1.4)Information on framework agreement
II.1.5)Short description of the contract or purchase(s)
The management of a Passive Global Equity portfolio of approximately 230 billion SEK through segregated accounts with 3 asset managers.
II.1.6)Common procurement vocabulary (CPV)

66131100 Pension investment services

II.1.7)Information about Government Procurement Agreement (GPA)
The contract is covered by the Government Procurement Agreement (GPA): yes
II.1.8)Lots
This contract is divided into lots: no
II.1.9)Information about variants
Variants will be accepted: no
II.2)Quantity or scope of the contract
II.2.1)Total quantity or scope:
The assets to be managed are valued at approximately 230 billion SEK. It is anticipated that 3 managers will be appointed to manage these assets for a initial period of 3 years with 2 optional 2-year extensions.
II.2.2)Information about options
Options: no
II.2.3)Information about renewals
This contract is subject to renewal: yes
Number of possible renewals: 1
In the case of renewable supplies or service contracts, estimated timeframe for subsequent contracts:
in months: 24 (from the award of the contract)
II.3)Duration of the contract or time limit for completion
Duration in months: 36 (from the award of the contract)

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
III.1.4)Other particular conditions
The performance of the contract is subject to particular conditions: yes
Description of particular conditions: Statutory and other requirements as stated in the documentation.
III.2)Conditions for participation
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
Information and formalities necessary for evaluating if the requirements are met: As detailed in the tender documentation.
III.2.2)Economic and financial ability
Information and formalities necessary for evaluating if the requirements are met: As detailed in the tender documentation.
III.2.3)Technical capacity
Information and formalities necessary for evaluating if the requirements are met:
As detailed in the tender documentation.
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts
III.3.1)Information about a particular profession
Execution of the service is reserved to a particular profession: yes
Reference to the relevant law, regulation or administrative provision: The tenderer shall fulfil requirements set in Sweden or in its home country with regard to registration, taxation and social security contribution obligations.
The tenderer shall hold such registration which is required to supply services that are subject to this procurement.
The tenderer shall have the required permissions and be authorised to supply services that are subject to this procurement throughout the duration of the agreement.
The tenderer may not have incurred debts for social insurance contributions or taxes in Sweden or in its own country that have lead to a debt being registered with the Swedish Enforcement Authority or the corresponding authority in its home country. This requirement is not applicable to such debts that pertain to negligible amounts or similar circumstances.
III.3.2)Staff responsible for the execution of the service
Legal persons should indicate the names and professional qualifications of the staff responsible for the execution of the service: yes

Section IV: Procedure

IV.1)Type of procedure
IV.1.1)Type of procedure
Negotiated
Some candidates have already been selected (if appropriate under certain types of negotiated procedures) no
IV.1.2)Limitations on the number of operators who will be invited to tender or to participate
Envisaged minimum number 3: and maximum number 12
Objective criteria for choosing the limited number of candidates: Organisation and asset class expertise (35 % weighting) Ability to provide a suitable product (35 % weighting) Representativeness/quality of track record (20 % weighting) Risk and performance (10 % weighting).
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2)Award criteria
IV.2.1)Award criteria
The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document
IV.2.2)Information about electronic auction
An electronic auction will be used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority:
2015/7
IV.3.2)Previous publication(s) concerning the same contract
no
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document
Time limit for receipt of requests for documents or for accessing documents: 10.3.2015 - 12:00
Payable documents: no
IV.3.4)Time limit for receipt of tenders or requests to participate
11.3.2015 - 12:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up
English.
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
IV.3.8)Conditions for opening of tenders

Section VI: Complementary information

VI.1)Information about recurrence
This is a recurrent procurement: no
VI.2)Information about European Union funds
The contract is related to a project and/or programme financed by European Union funds: no
VI.3)Additional information
VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures

Official name: Stockholm Administrative Court/Förvaltningsrätten i Stockholm
Postal address: Tegeluddsvägen 1
Town: Stockholm
Postal code: SE-115 41
Country: Sweden

VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained

Official name: AP7
Postal address: Box 100
Town: Stockholm
Postal code: SE-101 21
Country: Sweden

VI.5)Date of dispatch of this notice:
30.1.2015