Active Multi Asset Investment Manager

Concepts

• banking and investment
• paisley
• active multi asset investment manager
• active multi asset investment
• an active multi asset investment manager
• the investment manager
• investment
• manage
• manager
• investments

Location

Paisley

Description

Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the “Investment Manager” or “ Service Provider”) to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage: - the Paisley Common Good Fund and the Renfrew Common Good Fund (“Common Good Funds”), - the Renfrewshire Educational Trust (“Educational Trust”) and - the Renfrewshire Council Insurance Fund (“Insurance Fund”)

Total Quantity or Scope

The Tender Procedure will be conducted in accordance with an above Government Procurement Agreement (GPA) Threshold Open Tender procedure relating to a Services Contract.

Renewal Options

The Contract has the option to extend for up to two (2) years. Any extension will be at the sole discretion of Renfrewshire Council, and dependent on satisfactory performance.

Award Criteria

CPV Codes

• 66100000 - Banking and investment services

Indicators

• Bids should cover the whole contract.
• Renewals are available.
• Financial restrictions apply.
• Performance considerations apply.
• Professional qualifications are sought.
• Staff qualifications are relevant.
• Award on basis of price.

Other Information

PLEASE NOTE: TOTAL TECHNICAL QUALITY ASSESSMENT SECTION HAS A MINIUMUM SCORING THRESHOLD of 60% Please see below for details. Presentations - MINIMUM SCORING THRESHOLD OF 60% (TECHNICAL QUESTIONS) After the evaluation of the technical submissions has taken place, qualifying tenderers (see below) will be required to undertake a presentation of their tender submission. All tenderers who obtain a score of 60% and above (out of the 80% available) will be invited to undertake a presentation of their tender submission. All tenderers who obtain a score of 59.99% and below (out of the 80% available) will be excluded from the Procurement Process, with the Pricing Schedule within their Tender Submission not being considered. The Council reserves the right to modify by reducing scores, based on the responses provided at the presentation. It is anticipated that the presentations will take place week commencing 29 April 2024. The exact details will be advised during the evaluation period and communicated by invitation message sent via the Public Contracts Scotland – Tender portal. | - The Council's advisor Hymans Robertson LLP will assist the Council with the procurement process and they will only have access to the Quality element of Tenderers Submissions. All scoring of the Tender Submissions will be undertaken by Council Officers. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 53611. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-pr... A summary of the expected community benefits has been provided as follows: Tenderers should refer to the Invitation to Tender document (Technical Questions) and the associated documents/guidance within the Supplier Attachment Area. (SC Ref:757610)