Award

Pensions Administration Software

LONDON BOROUGH OF SUTTON

This public procurement record has 1 release in its history.

Award

24 Feb 2022 at 15:54

Summary of the contracting process

The procurement process pertains to the London Borough of Sutton, which recently awarded a contract for the "Pensions Administration Software." This initiative serves the insurance services sector, aimed at enhancing efficiency within the councils’ shared pensions administration service. The contract, valued at £570,700, was awarded through a direct procurement method under the CCS Data and Application Solutions framework RM3821 Lot 1a. The contract commenced on 31st August 2021 and is set to run until 30th August 2026. Key dates included a tender period that closed on 5th July 2021 and the award announcement made on 12th July 2021, with public notice published on 24th February 2022.

This tender presents significant opportunities for businesses specialising in software development and administration services tailored for pension schemes and public sector operations. Companies that offer innovative software solutions capable of streamlining pensions administration and enhancing operational efficiency would be particularly well-suited to engage in future tenders. The growth potential in this sector is underscored by the collaborative efforts of local authorities seeking economies of scale and best practices, making it a conducive environment for providers aiming to partner with government bodies.

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Notice Title

Pensions Administration Software

Notice Description

Pensions Admin Software to support Sutton Council's ambitions to deliver smarter ways of working. Sutton Council and Kingston Council operate a shared pensions administration service. By hosting pensions administration via this system, the two councils are able to benefit from economies of scale and shared best practice, benefiting both the councils themselves and members of the pension scheme. The Contract was awarded using the CCS Data and Application Solutions framework RM3821 Lot 1a

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0d769808-3730-4425-bb0d-d2ae3f03a2d0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/67c470a8-d5fc-40d5-81ec-b2be9286e37a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£570,000 £500K-£1M
Lots Value
Not specified
Awards Value
£570,700 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Feb 20224 years ago
Submission Deadline
5 Jul 2021Expired
Future Notice Date
Not specified
Award Date
11 Jul 20214 years ago
Contract Period
30 Aug 2021 - 30 Aug 2026 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
LONDON BOROUGH OF SUTTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
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
Sutton
Electoral Ward
Sutton Central
Westminster Constituency
Sutton and Cheam

Supplier Information

Number of Suppliers
1
Supplier Name

CIVICA

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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