Award

CPQ1368-16 Strategic Asset Allocation Review & Report

DEVON COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

07 Feb 2017 at 08:21

Summary of the contracting process

The Devon County Council has recently completed a procurement process for the contract titled "CPQ1368-16 Strategic Asset Allocation Review & Report," assigned to Mercer Ltd. This procurement, categorised under pension services, utilised a selective procurement method, specifically a restricted procedure. The contract period started on 12th December 2016 and concluded on 28th February 2017, with a contract award value of £35,000. The procurement stage was marked as complete on 1st December 2016, following a mini-competition from the Environment Agency LGPS Framework.

This tender represents a significant opportunity for businesses specialising in pension advisory services and financial consultancy, particularly for small and medium enterprises (SMEs) given their eligibility status. Companies with expertise in investment strategy review and asset allocation will find this area particularly conducive to growth. Engaging with public sector contracts such as this can enhance market presence and foster long-term partnerships within the UK public procurement landscape.

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Notice Title

CPQ1368-16 Strategic Asset Allocation Review & Report

Notice Description

DCC has awarded a one-off contract to a single Advisor to review and advise on the Devon County Council Pension Fund investment strategy to meet the fund liabilities with the outcome of an in-depth report being submitted and presented to the Investment and Pension Fund Committee. Contract awarded following a mini-competition from Lot 3 Investment Services of the Environment Agency LGPS Framework for the Supply of Actuarial, Benefits and Investment Advisory Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2fc1e0c0-c637-4b1e-8c8e-585f06c9ce50
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/56115448-6803-4b0b-9dbf-a9fca9eb43d2
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

66520000 - Pension services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£35,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20179 years ago
Submission Deadline
14 Nov 2016Expired
Future Notice Date
Not specified
Award Date
1 Dec 20169 years ago
Contract Period
12 Dec 2016 - 28 Feb 2017 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEVON COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EXETER
Postcode
EX2 4QD
Post Town
Exeter
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
TLK South West (England)

Local Authority
Exeter
Electoral Ward
Newtown and St Leonard's
Westminster Constituency
Exeter

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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