SECTION I: CONTRACTING AUTHORITY
I.1)
NAME, ADDRESSES AND CONTACT POINT(S)
South West Investment Group (Capital) Ltd
Lowena House, Glenthorne Court, Truro Business Park, Threemilestone
Attn: Mr John Berry
TR4 9NY Truro
UNITED KINGDOM
Tel. +44 7775447314
E-mail:
[email protected]
Further information can be obtained at: As in above-mentioned contact point(s)
Specifications and additional documents (including documents for
competitive dialogue and a dynamic purchasing system) can be obtained
at: As in above-mentioned contact point(s)
Tenders or requests to participate must be sent to: As in above-mentioned contact point(s)
I.2)
TYPE OF THE CONTRACTING AUTHORITY AND MAIN ACTIVITY OR ACTIVITIES
Body governed by public law
Economic and financial affairs
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
Selection of a Fund Manager(s) to manage the South West Microcredit Fund.
II.1.2)
Type of contract and location of works, place of delivery or of performance
Services
Service category: No 6
NUTS code UKK
II.1.3)
The notice involves
A public contract
II.1.4)
Information on framework agreement
II.1.5)
Short description of the contract or purchase(s)
South West Investment Group (Capital) Ltd wishes to appoint a
Fund Manager or Fund Managers for the South West Microcredit Fund in
Bristol, Plymouth and Torbay, which has been partly provided through
the resources of the South West RDA and the ERDF Operational Programme
for the South West Competitiveness and Employment area.
The South West Microcredit Fund is comprised of 3 loan schemes
for Bristol, Plymouth and Torbay. Each fund will be able to lend up to
5 000 GBP to businesses in the Unitary Authority Areas specified in the
period up to 31.12.2015. It is planned that in each of the Bristol and
Plymouth areas, a total investment of 660 000 GBP will be made into 220
businesses and in Torbay a total investment of 660 000 GBP into 165
businesses. Realisation of the investments will continue until
31.12.2018.
II.1.6)
Common procurement vocabulary (CPV)
II.1.7)
Contract covered by the Government Procurement Agreement (GPA)
No
II.1.8)
Division into lots
Yes
tenders should be submitted for one or more lots
II.1.9)
Variants will be accepted
No
II.2)
QUANTITY OR SCOPE OF THE CONTRACT
II.2.1)
Total quantity or scope
Lot 1: Bristol Microcredit Fund: value of contract approximately 150 000 GBP - 200 000 GBP.
Lot 2: Plymouth Microcredit Fund: value of contract approximately 150 000 GBP - 200 000 GBP.
Lot 3: Torbay Microcredit Fund: value of contract approximately 130 000 GBP - 175 000 GBP.
See information on individual lots.
II.3)
DURATION OF THE CONTRACT OR TIME-LIMIT FOR COMPLETION
Starting 1.7.2010. Completion 31.12.2018
INFORMATION ABOUT LOTS
LOT NO: 1 TITLE Fund Manager for the Bristol Microcredit Fund
1)
SHORT DESCRIPTION
A fund management contract for the Bristol Unitary Authority Area.
2)
COMMON PROCUREMENT VOCABULARY (CPV)
3)
QUANTITY OR SCOPE
Excluding VAT
Range between 150 000 and 200 000 GBP
4)
INDICATION ABOUT DIFFERENT DATE FOR DURATION OF CONTRACT OR STARTING/COMPLETION
Starting 1.7.2010. Completion 31.12.2018
5)
ADDITIONAL INFORMATION ABOUT LOTS
Applications are invited for one or more than one, or all lots.
The Contracting Authority expects to conclude a separate contract for
each lot.
LOT NO: 2 TITLE Fund Manager for Plymouth Microcredit Fund
1)
SHORT DESCRIPTION
A fund management contract for the Plymouth Unitary Authority Area.
2)
COMMON PROCUREMENT VOCABULARY (CPV)
3)
QUANTITY OR SCOPE
Excluding VAT
Range between 150 000 and 200 000 GBP
4)
INDICATION ABOUT DIFFERENT DATE FOR DURATION OF CONTRACT OR STARTING/COMPLETION
Starting 1.7.2010. Completion 31.12.2018
5)
ADDITIONAL INFORMATION ABOUT LOTS
Applications are invited for one or more than one, or all lots.
The Fund Manager will be expected to sign up to a contract under each
lot.
LOT NO: 3 TITLE Fund Manager for the Torbay Microcredit Fund
1)
SHORT DESCRIPTION
A fund management contract for the Torbay Unitary Authority Area.
2)
COMMON PROCUREMENT VOCABULARY (CPV)
3)
QUANTITY OR SCOPE
Excluding VAT
Range between 130 000 and 175 000 GBP
4)
INDICATION ABOUT DIFFERENT DATE FOR DURATION OF CONTRACT OR STARTING/COMPLETION
Starting 1.7.2010. Completion 31.12.2018
5)
ADDITIONAL INFORMATION ABOUT LOTS
Applications are invited for one or more than one, or all lots.
Applications are invited for one or more than one, or all lots. The
Contracting Authority expects to conclude a separate contract for each
lot.
SECTION III: LEGAL, ECONOMIC, FINANCIAL AND TECHNICAL INFORMATION
III.1)
CONDITIONS RELATING TO THE CONTRACT
III.1.1)
Deposits and guarantees required
The Contracting Authority reserves the right to request a guarantee or bond, as explained in the contract documents.
III.1.2)
Main financing conditions and payment arrangements and/or reference to the relevant provisions regulating them
Please refer to the contract documents.
III.1.3)
Legal form to be taken by the group of economic operators to whom the contract is to be awarded
The Contracting Authority reserves the right to require that any
consortium forms a single legal entity for the purposes of the
contract.
III.1.4)
Other particular conditions to which the performance of the contract is subject
No
III.2)
CONDITIONS FOR PARTICIPATION
III.2.1)
Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.2)
Economic and financial capacity
Information and formalities necessary for evaluating if requirements are met: Refer to PQQ.
III.2.3)
Technical capacity
Information and formalities necessary for evaluating if requirements are met:
Refer to PQQ.
III.2.4)
Reserved contracts
No
III.3)
CONDITIONS SPECIFIC TO SERVICES CONTRACTS
III.3.1)
Execution of the service is reserved to a particular profession
No
III.3.2)
Legal entities 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
Accelerated restricted
Justification for the choice of accelerated procedure: The
Contracting Authority has determined that the use of this procedure is
consistent with the European Commission's statement dated 19.12.2008.
In particular, rapid execution of the Contracts would provide quicker
distribution of public funds to the relevant markets and boost the
economies of the target areas.
IV.1.2)
Limitations on the number of operators who will be invited to tender or to participate
Envisaged minimum number 5 maximum number 6
Objective criteria for choosing the limited number of candidates:
As explained in the PQQ, if more than 5 candidates pass the pass/fail
criteria the 5 highest scoring candidates will be selected. This will
aid rapid decision making.
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)
An electronic auction will be used
No
IV.3)
ADMINISTRATIVE INFORMATION
IV.3.1)
File reference number attributed by the contracting authority
SWIGC/MICROCREDIT/2010
IV.3.2)
Previous publication(s) concerning the same contract
No
IV.3.3)
Conditions for obtaining specifications and additional documents
Time limit for receipt of requests for documents or for accessing documents 7.4.2010 - 14:00
Payable documents No
IV.3.4)
Time-limit for receipt of tenders or requests to participate
7.4.2010 - 14:00
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 tenders
SECTION VI: COMPLEMENTARY INFORMATION
VI.1)
THIS IS A RECURRENT PROCUREMENT
No
VI.2)
CONTRACT RELATED TO A PROJECT AND/OR PROGRAMME FINANCED BY EU FUNDS
Yes
reference to project(s) and/or programme(s): The Competitiveness and Employment ERDF Operational Programme of the South West.
VI.3)
ADDITIONAL INFORMATION
Economic operators wishing to express interest should contact the
Contracting Authority by telephone or email (using the contact details
above). As the accelerated restricted procedure is being used, PQQs
will be issued via email only.
VI.4)
PROCEDURES FOR APPEAL
VI.4.1)
Body responsible for appeal procedures
VI.4.2)
Lodging of appeals
Precise information on deadline(s) for lodging appeals: In
accordance with Regulation 32A (Standstill period) of the Public
Contracts Regulations 2006 (as amended), the Contracting Authority will
incorporate a minimum 10 calendar day standstill period at the point
information on the award of the contract is communicated to tenderers.
During that period an economic operator may seek an order for
ineffectiveness and/or may then (or subsequently) take action in the
High Court (England, Wales and Northern Ireland), in accordance with
Regulation 47C-P (Enforcement of obligations) of the said Regulations.
VI.4.3)
Service from which information about the lodging of appeals may be obtained
VI.5)
DATE OF DISPATCH OF THIS NOTICE:
24.3.2010