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Notice Summary

United Kingdom-Belfast: Pension Advisory Services
429515-2019
Northern Ireland Electricity Networks Ltd
12 September 2019
08 October 2019
Contract Notice - Negotiated procedure
Yes

Notice Abstract

NIE Networks seeks to appoint a suitably qualified and experienced organisation on framework for the management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. Please refer to the scope of services for the list of service requirements and standards required for this contract.Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.Framework agreements will be subject to performance reviews and require compliance with key performance indicators, as detailed therein. Economic operators that do not successfully pass the annual performance review will have their framework agreement terminated, in accordance with the terms of the framework agreement.

Notice Details

Contract notice – utilities

Directive 2014/25/EU - Utility Directive

Directive 2014/25/EU

Section I: Contracting Change entity

I.1) Name and addresses

Northern Ireland Electricity Networks Ltd

120 Malone Road

Belfast

BT9 5HT

UK

E-mail: stephen.oneill@nienetworks.co.uk

NUTS: UKN

Internet address(es)

Main address: www.nienetworks.co.uk

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

https://e-sourcingni.bravosolution.co.uk/


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://e-sourcingni.bravosolution.co.uk/


Tenders or requests to participate must be sent to the abovementioned address


I.6) Main activity

Electricity

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

CA251 2020 — Pension Advisory Services

Reference number: CA251 2020

II.1.2) Main CPV code

66520000

 

II.1.3) Type of contract

Services

II.1.4) Short description

NIE Networks seeks to appoint a suitably qualified and experienced organisation on framework for the management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. Please refer to the scope of services for the list of service requirements and standards required for this contract.

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

Framework agreements will be subject to performance reviews and require compliance with key performance indicators, as detailed therein. Economic operators that do not successfully pass the annual performance review will have their framework agreement terminated, in accordance with the terms of the framework agreement.

II.1.5) Estimated total value

Value excluding VAT: 400 000.00 GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV code(s)

66522000

66523000

66523100

II.2.3) Place of performance

NUTS code:

UKN


Main site or place of performance:

NORTHERN IRELAND.

II.2.4) Description of the procurement

NIE Networks seeks to appoint a suitably qualified and experienced organisation on framework for the management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. Please refer to the scope of services for the list of service requirements and standards required for this contract.

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

Framework agreements will be subject to performance reviews and require compliance with key performance indicators, as detailed therein. Economic operators that do not successfully pass the annual performance review will have their framework agreement terminated, in accordance with the terms of the framework agreement.

The estimated value of the overall six (6) year framework agreement is between 300 000 GBP — 400 000 GBP excluding VAT.

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 72

This contract is subject to renewal: Yes

Description of renewals:

At the end of the framework term it may be subject to renewal.

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: Yes

Description of options:

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

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 III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions:

As detailed in the tender documents.

III.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


III.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents


III.1.4) Objective rules and criteria for participation

Available within the PQQ and Tender documents on eSourcing NI.

III.2) Conditions related to the contract

III.2.2) Contract performance conditions

Please refer to the PQQ and Tender documents on eSourcing NI.

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Negotiated with call for competition

IV.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement with a single operator.

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 08/10/2019

Local time: 15:00

IV.2.3) Estimated date of dispatch of invitations to tender or to participate to selected candidates

Date: 05/11/2019

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 6 (from the date stated for receipt of tender)

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: Yes

Estimated timing for further notices to be published:

60 months.

VI.4) Procedures for review

VI.4.1) Review body

Northern Ireland Electricity Networks Ltd

120 Malone Road

Belfast

UK

VI.5) Date of dispatch of this notice

10/09/2019