Award

Investment Benchmarking - Staffordshire Pension Fund

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

30 May 2023 at 11:53

Summary of the contracting process

The Staffordshire County Council has recently awarded a contract for Investment Benchmarking services to CEM BENCHMARKING UK LTD. The procurement stage was a selective process, specifically a call-off from a framework agreement. The contract, valued at £84,000 GBP, has a contract period starting on June 1, 2023, and ending on May 31, 2030. The eligible SMEs and VCSEs were stipulated as suitable for this opportunity. The services fall under the main procurement category of pension investment services, with the delivery region based in the West Midlands, United Kingdom.

This tender for Investment Benchmarking services by Staffordshire County Council can provide growth opportunities for large businesses like CEM BENCHMARKING UK LTD. Businesses in the finance and consultancy sectors would be well-suited to compete for this contract. The selective procurement method indicates a tailored approach, offering a strategic advantage to businesses with experience in benchmarking services within the pension investment industry. The contract period lasting until 2030 allows for long-term planning and potential for sustained revenue growth.

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Notice Title

Investment Benchmarking - Staffordshire Pension Fund

Notice Description

Annual investment cost and performance benchmarking, comprising: 1. A benchmarking report based on a standard template. 2. Access to an online portal with detailed data and analysis that supports the benchmarking report. 3. An in-person or virtual presentation of results to the Pensions Committee.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ce41ad7-7586-44a7-b8b1-e42c7e1efb40
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/77aef369-2833-4292-a17c-c66bcc189dc7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£84,000 Under £100K
Lots Value
Not specified
Awards Value
£84,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20232 years ago
Submission Deadline
31 Mar 2023Expired
Future Notice Date
Not specified
Award Date
3 May 20232 years ago
Contract Period
31 May 2023 - 31 May 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
STAFFORDSHIRE COUNTY COUNCIL
Contact Name
Laura Kendall
Contact Email
laura.kendall@staffordshire.gov.uk
Contact Phone
01785854656

Buyer Location

Locality
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
1
Supplier Name

CEM BENCHMARKING

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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