Award

QU442 - Pensions Adviser - AWARD

BIRMINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

22 Jan 2021 at 15:59

Award Notice
Summary of the contracting process

The Birmingham City Council has completed a procurement process for pensions advisory services, titled "QU442 - Pensions Adviser - AWARD." This contract, part of the services sector, focuses on supporting the Council and PETPS (Birmingham) Limited during their triennial valuation process, which concluded on 5th April 2022. The contract commenced on 1st February 2021 and will last until 31st July 2023. The tender followed an open procurement method, with submissions due by noon on 6th January 2021, and the awarded contract value stands at £91,978.

This tender presents significant growth opportunities for businesses specialising in pension consultancy and advisory services. Firms that can provide strategic pension guidance and legal advisory services would be well-suited to compete for similar contracts in the future. With a focus on strategic compliance with pensions legislation, companies that demonstrate expertise in the complexities of pensions can position themselves favourably for partnerships with local government entities.

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Notice Information

Notice Title

QU442 - Pensions Adviser - AWARD

Notice Description

The Council and PETPS (Birmingham) Limited require pensions advice and support in the triennial valuation process at 5th April 2022, together with strategic advice and updates as necessary on relevant changes in pensions legislation. This contract will be for a period of 30 months commencing 1st February 2021 until 31st July 2023. Aims Objectives and Purpose To provide advice and support in respect of the triennial review process. To provide strategic pension advice as required, and to ensure that the Council and PETPS(Birmingham)Limited are made aware of relevant changes in pensions legislation. Outputs and Statement of Requirements / Scope: To provide pensions advice and support to PETPS (Birmingham) Limited and the Council in the triennial valuation process, particularly in relation to strategy. The advice is expected over the period February 2022 to July 2023. This will include the preparation of strategic options (together with their impact on the funding position) and support during the process, recognising the Council's objectives. Two meetings with the Council and PETPS(Birmingham) Limited are anticipated. To provide strategic pensions advice and updates as necessary on the impact of changes in pensions legislation for PETPS (Birmingham) Limited and the Council over the period 1st February 2021 until 31st July 2023. The Council will be using its free to use e-tendering system (in-tend) for the administration of this procurement process and potential suppliers must register with the system to be able to express an interest. If you wish to express an interest in this opportunity please click on the following link to access https://in-tendhost.co.uk/birminghamcc/ and submit your details to register. You will then be sent details on how to log on which will enable you to download all relevant quotation documentation. If you are unable to register with In-tend or have any questions or problems on how to use this web site please either email us at: cps@birmingham.gov.uk or call CPS Helpdesk on 0121 464 8000. Your completed quotation submission should be returned by noon 6th January 2021 via the 'in-tend' system https://in-tendhost.co.uk/birminghamcc

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-34ff85b9-981b-4892-8d71-ce8073e23c18
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94511a0e-f103-4b96-874f-7218e459cb6e
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66500000 - Insurance and pension services

66520000 - Pension services

66521000 - Individual pension services

66523000 - Pension fund consultancy services

79111000 - Legal advisory services

79140000 - Legal advisory and information services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£91,978 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jan 20215 years ago
Submission Deadline
6 Jan 2021Expired
Future Notice Date
Not specified
Award Date
21 Jan 20215 years ago
Contract Period
21 Feb 2021 - 31 Jul 2023 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
BIRMINGHAM CITY 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
WEST MIDLANDS
Postcode
B4 7WB
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)
Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

ISIO

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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