Award

Investment Performance and Reporting Services - under the National LGPS Framework for Investment Performance and Cost Monitoring and Reporting Services Primarily in Support of the Local Government Pension Scheme (LGPS) (NCCT41217)

NOTTINGHAMSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Apr 2022 at 13:13

Award Notice
Summary of the contracting process

The procurement process involves Nottinghamshire County Council seeking Investment Performance and Reporting Services under the National LGPS Framework for the Local Government Pension Scheme (LGPS). The tender was announced with a total value of £120,000 and officially awarded to Ortec Finance on 17 March 2022. The award notice was published on 14 April 2022, with the contract period commencing on 1 April 2022 and concluding on 31 March 2028. This procurement adopted a selective method and is currently in the 'Award' stage. Services are required to be delivered to the East Midlands region in the United Kingdom.

This tender offers significant opportunities for businesses that specialise in financial and insurance services, particularly those that can provide comprehensive investment reporting. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to engage, as the procurement is tailored to accommodate their capabilities. Companies with expertise in asset class analysis and portfolio benchmarking will find this tender especially relevant as they can contribute valuable insights to the local government’s operations.

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Notice Information

Notice Title

Investment Performance and Reporting Services - under the National LGPS Framework for Investment Performance and Cost Monitoring and Reporting Services Primarily in Support of the Local Government Pension Scheme (LGPS) (NCCT41217)

Notice Description

Provision of a quarterly report of returns analysed by asset class and portfolio against relevant benchmarks used by the fund over 3 month, 12 month, 3 year and 5 year time periods as outlined in the Reporting Structure below. Initial collection of historic data Attendance at one committee meeting per year requiring a formal presentation Attendance at one client meeting per year

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38db5d88-43e0-46d9-8d14-1a83dcec165e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7a747884-6789-4bc9-805b-5ebe2fc564f0
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20223 years ago
Submission Deadline
9 Mar 2022Expired
Future Notice Date
Not specified
Award Date
17 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2028 Over 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
NOTTINGHAMSHIRE 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
NOTTINGHAMSHIRE
Postcode
NG2 7QP
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
TLF East Midlands (England)
Local Authority
Rushcliffe
Electoral Ward
Trent Bridge
Westminster Constituency
Rushcliffe

Supplier Information

Number of Suppliers
1
Supplier Name

ORTEC FINANCE

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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