Award

MPFIC2021 Investment Consultancy Services

LONDON BOROUGH OF MERTON

This public procurement record has 1 release in its history.

Award

06 Apr 2021 at 13:04

Award Notice
Summary of the contracting process

The London Borough of Merton has successfully completed the procurement process for the "MPFIC2021 Investment Consultancy Services" contract, aimed at providing pension investment services. The procurement used an open procedure, and the contract period is set to commence on 8 April 2021, lasting until 31 March 2026. This tender was finalised on 6 April 2021, with a total contract value of £261,000. The services are to be delivered in Morden, England, highlighting a local opportunity for engagement.

This contract presents substantial opportunities for businesses specialising in investment consultancy services, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations that can demonstrate their expertise in pension fund management. Companies that focus on financial consultancy, asset management, and related services would be well-suited to compete in future tenders under similar frameworks, as the buying authority seeks innovative and effective solutions to manage public funds.

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Notice Information

Notice Title

MPFIC2021 Investment Consultancy Services

Notice Description

MPFIC2021 Investment Consultancy Services via Norfork LGPS framework

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-05a8ba9f-4016-4c60-8187-f6f0d1ddf08f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7f521aeb-ec6b-4b77-b21d-5238a857ca16
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£261,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Apr 20214 years ago
Submission Deadline
8 Feb 2021Expired
Future Notice Date
Not specified
Award Date
5 Apr 20214 years ago
Contract Period
7 Apr 2021 - 31 Mar 2026 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF MERTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MORDEN
Postcode
SM4 5DX
Post Town
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
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
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

Supplier Information

Number of Suppliers
1
Supplier Name

HYMANS ROBERTSON

Further Information

Notice Documents

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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