Award

Pensions Auto-Enrolment

DURHAM UNIVERSITY

This public procurement record has 2 releases in its history.

Award

13 Feb 2017 at 16:55

Award Notice
Tender

18 Nov 2016 at 20:16

Tender Notice
Summary of the contracting process

Durham University is currently in the award stage of a public procurement process for a qualifying pension scheme, titled "Pensions Auto-Enrolment." This initiative falls under the pension services category and is based in the North East of England. The procurement method is an open procedure, with a contract value of £1,080,000. The contract will commence on 1st April 2017 and will last for four years, with the option to extend for an additional two periods of 12 months. The tender period has concluded, having ended on 13th October 2016.

This contract presents significant opportunities for businesses in the pension services sector, particularly those that specialise in providing qualifying pension schemes. Small to medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, as they are considered suitable candidates for this tender. Competitive providers in the market should leverage this opportunity to engage with Durham University, enhancing their portfolios and fostering long-term relationships within the education sector.

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Notice Information

Notice Title

Pensions Auto-Enrolment

Notice Description

In line with Government legislation from 2013, Durham University has been automatically enrolling all eligible workers / employees into a qualifying pension scheme. In February 2016 the first re enrolment process was completed. We are seeking a qualifying pension scheme provider to meet the need for Durham University to provide a qualifying pension scheme. You should be aware that the qualifying scheme will be in addition to the established schemes provided to the majority of its staff through the Universities Superannuation Scheme (USS) and a local self-administered trust, the Durham University Pension Scheme (DUPS). Staff employed above Grade 6 are automatically eligible for USS membership and staff below Grade 6 are automatically eligible for auto enrolment unless they opt out and apply to join DUPS. The contract will be for a period of 4 years with an option to extend for 2 further periods of 12 months, and is for the sole use of Durham University. Additional information: The contract is for an initial period of 4 years with an option to extend by 2 further 12 month periods. The contract is for the sole use of Durham University.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2f82c51e-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c481cffb-bb87-4854-adba-432450982f4c
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£1,080,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,080,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Feb 20179 years ago
Submission Deadline
13 Oct 2016Expired
Future Notice Date
Not specified
Award Date
13 Feb 20179 years ago
Contract Period
31 Mar 2017 - 31 Mar 2021 4-5 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
DURHAM UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DURHAM
Postcode
DH1 3LE
Post Town
Durham
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC North East (England)
Local Authority
County Durham
Electoral Ward
Durham South
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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