Award

SCC JS Actuarial Services - AWARD

SE SHARED SERVICES

This public procurement record has 1 release in its history.

Award

11 Jun 2018 at 11:55

Summary of the contracting process

The Surrey Pension Fund Committee, functioning as an administering authority for the Local Government Pension Scheme (LGPS), has completed the award for "SCC JS Actuarial Services." This procurement falls under the category of pension fund consultancy services and has a contract period that spans from 9 April 2018 to 8 April 2024. The procurement method used was classified as "Other," and the tender was fully awarded on 27 March 2018. The main buyer involved in this process is SE Shared Services, based in Kingston upon Thames, Surrey, and the delivery can cater to locations within the United Kingdom and beyond.

This award presents noteworthy opportunities for firms specialising in actuarial services, particularly large consultancy businesses capable of meeting statutory requirements for the LGPS. As the appointed actuarial firm, Hymans Robertson LLP will be responsible for providing ongoing consultancy services over the four-year contract period, offering a stable partnership for interested and qualified service providers in the pension consultancy sector. Companies with experience in statutory pension fund management and consultancy may find it beneficial to explore further engagements with the Surrey Pension Fund Committee in similar upcoming procurement processes.

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Notice Title

SCC JS Actuarial Services - AWARD

Notice Description

The Surrey Pension Fund Committee undertakes statutory functions on behalf of the Local Government Pension Scheme (LGPS). SCC is an administering authority for the LGPS and established the Pension Fund Committee. One of the Pension Fund Committee's responsibilities is to appoint and monitor all relevant external providers, including actuaries. Under LGPS Regulations 2013, actuaries are required to be appointed. SCC is responsible for administering the fund.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0685c4b5-02ae-4450-953e-80a84e4cbc15
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf80a781-e636-4695-acb0-99db322e4cf9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jun 20187 years ago
Submission Deadline
10 Nov 2017Expired
Future Notice Date
Not specified
Award Date
26 Mar 20187 years ago
Contract Period
8 Apr 2018 - 8 Apr 2024 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SE SHARED SERVICES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SURREY
Postcode
KT1 2DN
Post Town
Kingston upon Thames
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
Not specified

Local Authority
Kingston upon Thames
Electoral Ward
Kingston Town
Westminster Constituency
Kingston and Surbiton

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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