Award

Investment Management Consultancy Services for the London Borough of Enfield Pension Fund (National LGPS Framework)

LONDON BOROUGH OF ENFIELD

This public procurement record has 1 release in its history.

Award

11 Feb 2021 at 17:48

Award Notice
Summary of the contracting process

The London Borough of Enfield is seeking Investment Management Consultancy Services for its Pension Fund, classified under financial and insurance services. This procurement process follows a selective method and has been completed with a contract value of £250,000. The service provider, Aon Hewitt, was awarded the contract on 9th February 2021, which commenced on 10th February 2021 and will run until 9th February 2024, with an extension option for an additional 24 months. The initial tender period ended on 31st March 2020.

This contract presents substantial opportunities for businesses specialising in investment management and consultancy, particularly those interested in local government projects. Small and medium-sized enterprises (SMEs) would be particularly well-suited to compete for future opportunities within this sector, as such contracts often support innovative solutions and local economic growth. Engaging with the London Borough of Enfield can provide businesses with a valuable platform to showcase their services and establish long-term partnerships in public sector procurement.

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Notice Information

Notice Title

Investment Management Consultancy Services for the London Borough of Enfield Pension Fund (National LGPS Framework)

Notice Description

Call off from the National LGPS Framework for Investment Management Consultancy Services Primarily in Support of the Local Government Pension Scheme (NCCT41358) - Investment Management Consultancy Services (Lot 1). Contract for 36 months with the option to extend by up to 24 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1303d4bd-9371-49a6-82cb-a5c836913b5e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/40fe2092-54e4-48dd-b4c3-925d765f6324
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Feb 20215 years ago
Submission Deadline
31 Mar 2020Expired
Future Notice Date
Not specified
Award Date
9 Feb 20215 years ago
Contract Period
10 Feb 2021 - 9 Feb 2024 2-3 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 ENFIELD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ENFIELD
Postcode
EN1 3ES
Post Town
Enfield
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
TLI London
Local Authority
Enfield
Electoral Ward
Town
Westminster Constituency
Enfield North

Supplier Information

Number of Suppliers
1
Supplier Name

AON HEWITT

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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