Tender

Multi provider framework for the provision of investment Consultancy Services

NORFOLK COUNTY COUNCIL

This public procurement record has 5 releases in its history.

TenderAmendment

09 Aug 2017 at 09:31

TenderAmendment

09 Aug 2017 at 09:31

TenderAmendment

19 Jul 2017 at 07:34

TenderAmendment

12 Jun 2017 at 08:17

Tender

06 Jun 2017 at 11:48

Summary of the contracting process

Norfolk County Council is initiating a multi-provider framework for the provision of investment consultancy services, specifically designed to support the Local Government Pension Scheme (LGPS). This framework may also be utilised by other public sector bodies involved with pension services. The procurement is currently in the Tender stage, with the deadline for submissions set for 15 August 2017. The contract period is scheduled to commence on 10 October 2017 and will last until 8 October 2021. Interested parties are encouraged to attend a concept viability event on 15 June 2017 in London for further clarification on the tender process.

This tender presents significant opportunities for consultancy firms, especially those specialising in pension advisory services, investment management, and related project services. Providers are able to bid for individual lots, which include Investment Consultancy Services, Manager Search/Selection/Monitoring, and Investment-related project services. Small and medium-sized enterprises (SMEs) are particularly suited to compete, given the non-recurrent nature of this procurement, allowing for a competitive landscape among diverse consulting companies.

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Notice Title

Multi provider framework for the provision of investment Consultancy Services

Notice Description

Norfolk County Council, on its own behalf and on behalf of Cheshire pension Fund, the Environment Agency Pension Fund, London Borough of Hackney, London Borough of Tower Hamlets, Merseyside Pension Fund, Cambridgeshire, Northamptonshire and West Sussex County Councils wishes to let a multi-provider framework agreement for the provision of Investment consultancy Services primarily in support of the Local Government Pension Scheme (LGPS). This framework may also be used by: any LGPS administering authorities and any of their participating employing authorities as defined in the Local Government Pension Scheme Regulations 2013 SI2013 No 2356 (as amended) and the Local Government Pension Scheme (Administration) (Scotland) Regulations 2008 as amended by SSI 2011/349; - the Committee (the NILGOSC) and employing authorities as defined in the Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009 / SRNI 2009/33 - the Board of the Pension Protection Fund http://www.pensionprotectionfund.org.uk - any other administering authority or organisation of a public sector pension scheme or any public sector body that requires pensions related services; and - any Common Asset Pool or Collective Investment Vehicle established by or on behalf of an administering authority or group of administering authorities; any Local Government Pension Fund(s) or groups of Pension Funds; or any bodies, organisations or companies established by them for the purpose of operating on a collective basis. This procurement has been split into 3 Lots, providers may bid for any or all lots. Lot 1 - Investment Consultancy Services Lot 2 - Manager Search/Selection/Monitoring and Review Services Lot 3 - Investment-related project services We will be holding a concept viability event on the 15.6.2017 in London. If you are interested in this opportunity you are advised to attend. Additional information: This procurement will be managed electronically via the Council's e-procurement system. To participate in this procurement, applicants must first be registered on the system at https://in-tendhost.co.uk/norfolkcc. Full instructions for registration and use of the system can be found at https://in-tendhost.co.uk/norfolkcc/aspx/BuyerProfiles. Once registered you will be able to see the procurement project under the 'tenders' section and 'express an interest' to view the documentation. If you encounter any difficulties whilst using the system you can contact the In-tend support team by phoning +44 8442728810 or e-mailing support@in-tend.co.uk. Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2c925e61-b047-451c-9f8a-8dce299e9b32
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/de313ee4-481d-44ee-9014-f9211e1677d7
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

75 - Administration, defence and social security services


CPV Codes

66131100 - Pension investment services

66520000 - Pension services

66522000 - Group pension services

66523000 - Pension fund consultancy services

75320000 - Government employee pension schemes

Notice Value(s)

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

Notice Dates

Publication Date
9 Aug 20178 years ago
Submission Deadline
15 Aug 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Oct 2017 - 8 Oct 2021 3-4 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
NORFOLK COUNTY COUNCIL
Contact Name
Julie Ward
Contact Email
julie.ward@norfolk.gov.uk
Contact Phone
01603223342

Buyer Location

Locality
NORFOLK
Postcode
NR1 2DH
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified

Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

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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