Procurement proces

2010.07.05
40 asset management companies have been prequalified
In total, 40 companies have been prequalified to tender for one or more of the investment management agreements, for which LD has announced in an EU Public Procurement tender. LD received 230 applications for prequalification. Applications were submitted by 100 companies, several of whom sought to become prequalified for multiple mandates.

40 companies where prequalified and these will now proceed with the tendering for the 12 mandates, which will be awarded later this year. 70 applications were approved in the prequalification process and it means that several companies have been prequalified to tender for more than one mandate. The prequalified represent a vast range of both specialized asset managers and large financial groups. Mostly international firms but also Danish firms are prequalified.

All companies, which have submitted applications, have been informed of the outcome of the prequalification round, and hence whether they are able to proceed with an actual tender for one or more contracts.

According to the timetable LD decides on contract award in late October this year. There will be assigned contracts on 12 investment mandates. The number of contracts awarded, however, will be greater as contracts will also be signed with managers who will remain "on the bench" and may later be offered the opportunity to manage a mandate.

The Swiss firm, PPCmetrics, has assisted LD with evaluation and selection, and the company will also assist in the upcoming process of evaluation of tenders.

 2010.05.10
The final deadline for submitting an application to prequalify for the tender has expired today at 13.00 (CET).

2010.05.04
Final version of the Q&A available.
Questions from applicants will be published to the benefit of all applicants in the Q&A document, click here to view Q&A document.

Clarification of answer to question #62.
Click here to view Q&A document

2010.04.29
New version of the Q&A available.
Questions from applicants will be published to the benefit of all applicants in the Q&A document, click here to view Q&A document.

2010.04.21
Q&A
Questions from applicants will be published to the benefit of all applicants in the Q&A document, click here to view Q&A document.

We expect to update this document with further Q&A's every week, with the last questions expected to be answered may 4'th 2010.

2010.04.13
Contract notice
LD has published the Contract notice concerning portfolio management services.

Please find the material of relevance:

Contract notice
Prequalification guidelines
Prequalification questionnaire

Declarations etc.
Solemn declaration
Article 45(2) declaration
Consolidated act 336 1997

For further information please contact: tender@ld.dk

2010.03.05
Award of contract to PPCmetrics
LD has conducted a public tender in accordance with the European public procurement process and has awarded the consultancy contract to PPCmetrics AG of Zurich, Switzerland. The contract award notice can be found here. PPCmetrics will provide assistance to LD in the selection of investment managers in the upcoming tender as stated in the prior information notice published 17 February 2010.

2010.02.17
Pre-information concerning portfolio management services

LD has published a Prior Information Notice on the procurement process concerning the selection of Investment Managers.

The Prior Information Notice is published on www.ted.europa.eu as well as on this site. Please find the Notice here.

For Danish stakeholders, including the Danish media, a Danish description of the published Prior Information Notice is available here.

The Danish description is only meant as a reading aid to the Prior Information Notice, and in any case of questions or interpretation then the English Prior Information Notice, as published on www.ted.europa.eu, shall prevail.