Tender

L17157-T-JC Independent Financial Advisors for LLA's Pension Scheme

LONDON LUTON AIRPORT

This public procurement record has 1 release in its history.

Tender

07 Nov 2017 at 18:10

Summary of the contracting process

The London Luton Airport is seeking independent financial advisory services for its pension scheme through a tender process, titled "L17157-T-JC Independent Financial Advisors for LLA's Pension Scheme". This opportunity is classified under the industry category of individual pension services and is located in Luton, Bedfordshire. The procurement is currently in the tender stage, with proposals due by 24 November 2017. The project has an estimated value of £150,000, and the successful contract period will run from 18 December 2017 to 17 December 2018. The tender follows an open procedure, suitable for service providers meeting the requirements outlined in the tender documents.

This tender presents a significant opportunity for financial advisory firms, particularly those specialising in pension schemes and member advice, to expand their client base and secure a long-term contract. Businesses with a proven track record in delivering financial services, familiarity with pension scheme regulations, and the capability to provide compliant advice are well-positioned to compete for this contract. Participation in this tender process can lead to valuable experience and potential referrals within the sector, given the high visibility of the London Luton Airport as a contracting authority.

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Notice Title

L17157-T-JC Independent Financial Advisors for LLA's Pension Scheme

Notice Description

LLAOL intends to make an offer to a selection of pension scheme members with the option to transfer. Under the industry code of good practice for incentive exercises, LLAOL would be required to make IFA advice accessible to members receiving the offer and meet the cost of this advice. This process is therefore to appoint a suitable IFA firm. Additional information: Please download the documents free of charge from https://in-tendhost.co.uk/llaol Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1139d2d9-43c4-4488-aaf4-5badf8242f35
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/22bd9a04-3868-4c09-87c3-aed11640e0bd
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66521000 - Individual pension services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20178 years ago
Submission Deadline
24 Nov 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
18 Dec 2017 - 17 Dec 2018 6-12 months
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
LONDON LUTON AIRPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BEDFORDSHIRE
Postcode
LU2 9LY
Post Town
Luton
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
Delivery Location
Not specified

Local Authority
Luton
Electoral Ward
Wigmore
Westminster Constituency
Luton South and South Bedfordshire

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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