Public procurement notice: Contract Notice
Published: 2019-10-21
Buyer: Keva
Country: FI
Contract type: Services
Procedure: Open procedure
CPV classification: 72212411
Submission deadline: 2019-11-20
Award criteria: The most economic tender

Technical requirements: Keva is looking for the most suitable analysis, data and benchmarking service solution provider for private equity funds, real estate funds and infrastructure funds and related support and maintenance as defined in this call for tenders.
Keva is looking for private equity, real estate and Infrastructure funds analysis and benchmarking service provider best suited to Keva’s needs. Keva is looking for this service as a SaaS (Software as a service) delivery. The new service will not replace any of Keva’s current services or software but is considered as a supplement to the existing line-up. Keva will use such analysis service, in part, to conduct analysis and benchmarking on the investment portfolio. The emphasis in choosing this service is on the quality and coverage of analysis tools, available fund, company and benchmarking data and metrics provided and the breadth of coverage of the relevant fund universe. This service must be able to provide Keva with a wide range of metrics and exposure data on our existing fund portfolio on both fund and company level. The service must be fully up and running including the capability of delivering all the features listed in Appendix 1 by the end of the time-limit for the receipt of the tenders. Responses cannot be based on future development plans or roadmap items unless otherwise stated in the list of requirements. The service will have approximately 5-10 users. This estimated maximum number of users will be used in a comparison between tenders, and if the number of users affects the pricing, the pricing must be stated based on this estimate. However, Keva has the right to implement a lower or higher number of users, based on the terms for pricing per user. The service will have approximately 150 funds (including private equity, real estate and infrastructure funds). Therefore, this number of funds will be used in a comparison between tenders, and if the number of funds affects the pricing, the offered pricing must be stated based on this number. However, Keva has the right to implement a lower or a higher number of funds, based in the terms for pricing per fund. The intention is to have to system in production use by end of January 2020. A complete set of requirements is stated in Appendix 1. Tenderer must also meet all eligibility criteria stated in this call for tender.
The contract is in force for an indefinite period. Because these kind of Saas service contracts are usually based on annual license fee, Keva must be able to consider annually before the end of the annual period whether the service should be retendered or not. The term of notice is defined later in Contract procedure paragraph.
— data delivery to alternative investments and fund management system through API interface (additional information of the options are stated in Appendix 1). Otherwise Keva reserves the right to award a contract for similar new services and additional supplies related to the services directly to the original supplier during the 3 years following the conclusion of the original contract on principally the same conditions as the original contract. The tenderer shall inform separately in its tender that it will be bound to this provision.
This contract is not divided into lots because it would make implementation technically too difficult and coordination problems would risk the implementation project and the service utilization.