Tender

SYPA - Appointment of Independent Financial Adviser

SOUTH YORKSHIRE PENSIONS AUTHORITY

This public procurement record has 1 release in its history.

Tender

02 Sep 2024 at 09:37

Summary of the contracting process

South Yorkshire Pensions Authority (SYPA) is seeking to appoint an independent financial adviser for their £11bn+ South Yorkshire Pension Fund, part of the Local Government Pension Scheme. This procurement process falls under the category of Financial and Insurance Services, specifically pension investment services. The procurement method is an open procedure, with the tender period ending on 23rd September 2024. The contract is set to commence on 2nd December 2024 and will run until 1st December 2027. Locations applicable for delivery include the United Kingdom and several international regions. The procurement process is currently in the tender stage.

This tender presents significant opportunities for businesses, particularly Small and Medium-sized Enterprises (SMEs) specialising in investment advisory services and financial consultancy. The contract's value, ranging from £84,000 to £280,000, offers substantial growth potential for firms capable of delivering high-quality pension investment advice. Companies with expertise in managing large pension funds and a strong track record in financial stewardship are well-suited to compete for this role with the SYPA.

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Notice Title

SYPA - Appointment of Independent Financial Adviser

Notice Description

South Yorkshire Pensions Authority is the public body responsible for the stewardship of the PS11bn+ South Yorkshire Pension Fund which is part of the Local Government Pension Scheme. The Authority is now seeking to appoint an independent investment adviser to the Authority to take up the role with effect from December 2024.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2525f674-8037-4f2e-8a5d-115758659636
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/59f28a1d-7a66-4bd5-9710-02fa47f80de8
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
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66131100 - Pension investment services

Notice Value(s)

Tender Value
£280,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20241 years ago
Submission Deadline
23 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Dec 2024 - 1 Dec 2027 2-3 years
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
SOUTH YORKSHIRE PENSIONS AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BARNSLEY, SOUTH YORKSHIRE
Postcode
S71 1HG
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE33 Barnsley
Delivery Location
Not specified

Local Authority
Barnsley
Electoral Ward
Central
Westminster Constituency
Barnsley North

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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