Tender

A multi-lot, multi-provider framework agreement for the provision of Transition Management Services primarily in support of the Local Government Pension Scheme (LGPS)

NORFOLK COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

13 Sep 2017 at 09:15

Tender Notice
Summary of the contracting process

The Norfolk County Council is actively seeking to establish a multi-lot, multi-provider framework agreement for Transition Management Services, primarily to support the Local Government Pension Scheme (LGPS). This tender, identified as NCCT41279, has a total value of £40,000,000 and falls under the industry category of pension investment services. The tender process uses an open procurement method, with the tender period closing on 9 October 2017. Contracts are anticipated to commence on 24 November 2017 and will extend until 23 November 2021.

This procurement presents significant opportunities for growth, particularly for businesses specialising in pension fund management and related services. Firms that can provide comprehensive transition management services tailored to local governments will be especially well-positioned to compete for these contracts. As the framework allows for multiple providers, it encourages a diverse range of businesses to engage, ultimately fostering a competitive environment to meet the needs of the participating local authorities.

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Notice Information

Notice Title

A multi-lot, multi-provider framework agreement for the provision of Transition Management Services primarily in support of the Local Government Pension Scheme (LGPS)

Notice Description

Norfolk County Council, on its own behalf and on behalf of Bedford Borough Council, Carmarthenshire, Derbyshire and Suffolk County Councils, Brunel Pensions Partnership and the London CIV, (the 'Founding Authorities') wishes to let a multi-lot, multi-provider framework agreement for the provision of Transition Management Services primarily in support of the Local Government Pension Scheme (LGPS) Additional information: This is a framework agreement let in three lots. Full descriptions of each lot can be found in the contract notice published on the OJEU.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-48b09ecc-499d-44b3-a537-b505b538b078
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/950ac7a1-adb5-4fc4-9ff7-516048d46a16
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

66141000 - Pension fund management services

66520000 - Pension services

Notice Value(s)

Tender Value
£40,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Sep 20178 years ago
Submission Deadline
9 Oct 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
24 Nov 2017 - 23 Nov 2021 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORFOLK 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
NORWICH
Postcode
NR1 2DH
Post Town
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified
Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

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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