Tender

Benchmarking of LGPS Administration

WIRRAL BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

29 Jul 2021 at 13:18

Summary of the contracting process

The procurement process initiated by Wirral Borough Council involves the tender titled "Benchmarking of LGPS Administration", focused on pension investment services within the United Kingdom. This contract aims to provide an independent assessment of the service quality and cost-effectiveness of the Local Government Pension Scheme, which is administered locally by the council for the Merseyside Pension Fund. The tender was published on 29th July 2021 and will remain open until the submission deadline on 1st September 2021. Contract execution is scheduled to commence on 6th September 2021 and run through until 5th September 2026, with an estimated value of £95,000.

This tender presents significant opportunities for businesses, particularly those engaged in consultancy and financial services related to pension schemes. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSE) are encouraged to participate, as the procurement method allows for an open procedure that promotes competition. Companies that can demonstrate expertise in benchmarking, cost-effectiveness analysis, and service quality assessments in the public sector will be particularly well-suited to compete for this contract, enabling them to grow through valuable public sector collaboration.

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Notice Title

Benchmarking of LGPS Administration

Notice Description

The Local Government Pension Scheme (LGPS) is a national scheme administered on a local basis by Wirral Council as administering authority of Merseyside Pension Fund (MPF), providing current and future benefits for over 140,000 scheme members. Using an inhouse administration model, the Fund is required to demonstrate 'value-for-money' to its many stakeholders. The scope of this contract is to provide an independent assessment of service quality and cost-effectiveness. INFORMATION For the tender opportunity, all documentation, expressions of interest, questions and submissions please visit Th Chest portal at http://www.the-chest.org.uk

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1c6ba324-dea3-4675-a0ab-2d36f9d1d8c9
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£95,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20214 years ago
Submission Deadline
1 Sep 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
5 Sep 2021 - 5 Sep 2026 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WIRRAL BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRKENHEAD
Postcode
CH41 5AL
Post Town
Chester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD74 Wirral
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Wirral
Electoral Ward
Birkenhead and Tranmere
Westminster Constituency
Birkenhead

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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