CTM

03. Contract award notice

Information

Published

Date of dispatch of this notice: 13/12/2021

External Reference: 2021-144844

TED Reference: 2021/S 245-646692

03. Contract award notice

Contract award notice

Results of the procurement procedure

Directive 2014/24/EU

Section I: Contracting authority

I.1)

Name and addresses

Lønmodtagernes Dyrtidsfond (‘LD Pensions’)
61552812
Dirch Passers Alle 27
Frederiksberg
2000
DK
Contact person: Claus Buchwald Christjansen
Telephone: +45 33368938
E-mail: Investeringsafdeling@ld.dk
NUTS code:  DK -  DANMARK
Internet address(es):
Main address: https://www.ld.dk
Address of the buyer profile: https://eu.eu-supply.com/ctm/Company/CompanyInformation/Index/352919

I.4)

Type of the contracting authority

Body governed by public law
I.5)

Main activity

Economic and financial affairs

Section II: Object

II.1)

Scope of the procurement

II.1.1)

Title

LD Pensions’ tender for an Agreement concerning High Grade European Asset Backed Securities
II.1.2)

Main CPV code

66140000  -  Portfolio management services
II.1.3)

Type of contract

Services
II.1.4)

Short description

The object of the tender is to select an Investment Manager to manage LD Pensions’ assets within High Grade European Asset Backed Securities. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed with KLD.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreements).
The size of the mandate covered by this contract notice are indicative due to LD Pensions’ inability to determine the volume in advance.
II.1.6)

Information about lots

This contract is divided into lots: no
II.1.7)

Total value of the procurement

Value excluding VAT:  2950000.00  EUR
II.2)

Description

II.2.2)

Additional CPV code(s)

66140000  -  Portfolio management services
II.2.3)

Place of performance

NUTS code:  DK -  DANMARK
II.2.4)

Description of the procurement

LD Pensions is selecting one Investment Managers to provide investment management services for High Grade European ABS. Expected size for the mandate is DKK 1.250 million, approx. EUR 170 million; however this is strictly indicative due to the inability to determine the precise volume in advance.
The objective for the mandate is to deliver a stable return stream of EURIBOR+150bp by investing in European ABS. Another goal is to offer downside protection compared to EUR IG bonds (Bloomberg ticker ER00) adjusted for duration.
II.2.5)

Award criteria

Criteria below
Quality criterion  -  Name:  Quality of Service  /  Weighting:  90
Price  -  Weighting:  10
II.2.11)

Information about options

Options: no
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 IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Open procedure
IV.1.8)

Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement : yes
IV.2)

Administrative information

IV.2.1)

Previous publication concerning this procedure

Notice number in the OJ S: 2021/S 028-069441

Section V: Award of contract

Contract No: 1

Title: LD Pensions’ tender for an Agreement concerning High Grade European Asset Backed Securities

A contract/lot is awarded: yes
V.2)

Award of contract

V.2.1)

Date of conclusion of the contract

18/11/2021
V.2.2)

Information about tenders

Number of tenders received:  8
Number of tenders received from SMEs:  2
Number of tenders received from tenderers from other EU Member States:  4
Number of tenders received from tenderers from non-EU Member States:  4
Number of tenders received by electronic means:  8
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

Aegon Investment Management B.V.
Aegonplein 6
The Haque
2591 TV
NL
NUTS code:  NL -  NEDERLAND

The contractor is an SME : no
V.2.4)

Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot:  2950000.00  EUR

Section VI: Complementary information

VI.3)

Additional information

Both mandatory and voluntary grounds for exclusion apply in this tender procedure, cf. section 135-137 of the Danish Public Procurement Act.
VI.4)

Procedures for review

VI.4.1)

Review body

Klagenævnet for Udbud
Nævnenes Hus, Toldboden 2
Viborg
8800
DK
Telephone: +45 35291000
E-mail: klfu@naevneneshus.dk
Internet address: https://naevneneshus.dk/start-din-klage/klagenaevnet-for-udbud/

VI.4.3)

Review procedure

Precise information on deadline(s) for review procedures: 
In accordance with Act No 953 2.6.2016 (Lov om klagenævnet for Udbud m.v.), the deadlines for submitting a complaint are the following:
Complaints about the award procedure must be lodged with the Danish Complaints Board for Public Procurement before the expiry of:
45 calendar days after the contracting authority has published a notice in the official Journal of the European Union (with effect form the day following the publication date);
The complainant must inform the contracting authority of the complaint in writing and not later than simultaneously with the lodging of the complaint to the Danish Board of Public Procurement. The complaint must state whether the complaint was lodged in the stand still period. If the complaint has not been lodged in the stand still period, the complaint must also state whether the complaint is requested to be given suspensive effect.
VI.4.4)

Service from which information about the review procedure may be obtained

Konkurrence- og Forbrugerstyrelsen
Carl Jacobsens Vej 35
Valby
2500
DK
Telephone: +45 41715000
E-mail: kfst@kfst.dk
Internet address: http://www.kfst.dk