Source: https://tendernation.io/opportunities/01a13c0e-d8f0-7252-b907-821fd9062092/ss16057-access-lgps-pool-operator closed GB open procedure # SS16057 - ACCESS LGPS Pool Operator [Kent County Council](https://tendernation.io/buyers/kent-county-council) Estimated value £25,000,000 Published 5 Sept 2017 Deadline Closed 6 Oct 2017 ## Who can bid - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender This procurement is being undertaken by Kent County Council on behalf of the ACCESS (A Collaboration of Central, Eastern and Southern Shires) Pool's ("the Pool") Administering Authorities; a pool of eleven UK Local Government pension schemes as listed below. The contract will also be accessible by any other LGPS Authority (for the list of LGPS member Authorities see [lgpsboard.org](http://www.lgpsboard.org/index.php/fund-annual-reports-2016)) that joins the Pool at any time. The object of the procurement is a contract for the services of an FCA regulated, or EEA financial services regulated, Operator (the "Operator") who will be responsible for establishing and operating an umbrella Authorised Contractual Scheme ("ACS") and to facilitate the provision of other collective investment schemes for the benefit of the Pool, exclusively for the Pool. The ACCESS Pool Administering Authorities are Cambridgeshire County Council, East Sussex County Council, Essex County Council, Hampshire County Council, Hertfordshire County Council, Isle of Wight Council, Kent County Council, Norfolk County Council, Northamptonshire County Council, Suffolk County Council, and West Sussex County Council. On behalf of the Administering Authorities, Kent County Council are seeking to procure the services of an FCA regulated Operator (the "Operator") who will be responsible for establishing and operating an umbrella ACS and to facilitate the provision of other collective investment schemes for the benefit of the Pool, exclusively for the Pool. The Pool is expected to have in the region of 25-35 sub-funds. The Operator's key functions will be to establish investment sub-funds, and to appoint, manage and terminate investment managers of those funds and to operate and administer the Administering Authorities' investments in the ACS and other collective investment schemes in which the Administering Authorities invest. The Administering Authorities require all major asset classes to be available, including, as a minimum, equities, fixed income, multi asset and property. The successful Supplier will provide quarterly reporting to the Pool on a range of Monitoring Metrics and Key Performance Indicators. The successful Supplier will be required to apply for and obtain all the necessary regulatory authorisations required to operate the ACS. The Supplier will be required to exercise best endeavours to have the ACS ready for investment in order for the transfer of assets to occur. Further background and technical information can be found within the tender documentation. Contract award will be based on the Most Economically Advantageous Tender based upon the criteria specified within the Invitation to Tender. The Administering Authorities may choose to include optional ancillary services as detailed in the Invitation to Tender. These are not part of the core requirement, and do not form any part of the evaluation. Expressions of interest will only be accepted via the Kent Business Portal. Read full description ## CPV classification Financial and insurance services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/58ca54b5-ddf0-4d89-af59-7846497bdae5) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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