WSCC - JS - Property Investment Manager (Pension fund) - Market Sounding Exercise
Details
- Topic
- Pension investment services
- Published
- 2 October 2023
- Source
- uk:contracts_finder
Tender description
This is not a call for competition The requirement The West Sussex Pension Fund requires a bespoke and tailored property portfolio to meet its specific income requirements and is seeking an investment manager to be responsible for the asset management, income collection and lease negotiation for the properties and have full discretion over which properties to buy and sell to meet the objectives set by the Fund. The draft requirements are described further in the market sounding exercise document attached below. Timescales The Council intends to publish the tender for these services later this calendar year (2023) with the award and contracting process to be completed by early to mid 2024. Market sounding exercise The Council is publishing a market sounding exercise alongside this Notice to gain some insight into market capability and capacity (see below) Responses to these questions will help to finalise the specification and service requirements. You are kindly asked to review and respond no later than 12:00 on 18 October 2023. Completed documents can be uploaded on the SE Shared Services e-sourcing portal: https://in-tendhost.co.uk/sesharedservices/aspx/ProjectManage/36967 You will need to login to upload the document.
Timeline
- Completed: Pre-tender published2 October 2023Current notice
About the buyer
West Sussex County Council buys as a local authority, with a Procurement and Contract Services team based at County Hall in Chichester. Suppliers register on Atamis, the council's e-sourcing portal, to view and respond to tender opportunities. Larger contracts are also advertised through the Find a Tender Service and Contracts Finder. Suppliers can filter Contracts Finder by CPV code for relevant alerts. Beyond its own tenders, the council draws on consortia including the Central Buying Consortium, the Crown Commercial Service and the Eastern Shires Purchasing Organisation. Each school's governing body controls its own purchasing budget, supported by the council's procurement team.
UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).
Over the past 5 years, most of West Sussex County Council's contract awards have been in transport services, IT services and business services.
Relevant CPV codes
- 66131100 · Pension investment services
- 66141000 · Pension fund management services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@west-sussex-county-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@west-sussex-county-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@west-sussex-county-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@west-sussex-county-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@west-sussex-county-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@west-sussex-county-council.gov |
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