Award

Invitation to Further Competition under Lot 3 of the National LGPS Framework for Governance Consultancy Services

LGSS

This public procurement record has 1 release in its history.

Award

07 Feb 2018 at 11:53

Summary of the contracting process

The procurement process involves the LGSS (Local Government Shared Services) as the buying organisation, which is based in Northampton, UK. The contract, titled "Invitation to Further Competition under Lot 3 of the National LGPS Framework for Governance Consultancy Services," falls under the industry category of pension fund consultancy services. The procurement method used was an open procedure, and the contract was awarded on February 7, 2018, following a tender period that ended on December 21, 2017. The contract spans from April 1, 2018, to March 31, 2024, with a total contract value of £600,000. Governance consultancy services will be provided to the Cambridgeshire County Council and Northamptonshire County Council during this period.

This tender presents a significant opportunity for businesses specialising in governance consultancy, particularly those with experience in public sector contracts. Given the substantial contract value and the focus on governance services for pension funds, companies that can demonstrate expertise in regulatory compliance, strategic governance frameworks, and operational efficiency will be well-positioned to compete for future contracts under this framework. Though the awarded supplier, Aon Hewitt Limited, is a large organisation, there will likely be additional future opportunities in this ongoing procurement category for skilled and competitive suppliers.

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Notice Title

Invitation to Further Competition under Lot 3 of the National LGPS Framework for Governance Consultancy Services

Notice Description

Cambridgeshire County Council and Northamptonshire County Council have appointed a single supplier of Governance Consultancy Services using a joint procurement exercise via Lot 3 of the National LGPS Framework. The provider will be required to provide Governance Consultancy Services to the Funds as set out in the framework tender documents.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-631e781b-35c8-4556-8abb-f6d0acd76de8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4f1f4202-fea7-47ec-a721-913b91f2af69
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£600,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20188 years ago
Submission Deadline
21 Dec 2017Expired
Future Notice Date
Not specified
Award Date
7 Feb 20188 years ago
Contract Period
31 Mar 2018 - 31 Mar 2024 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
LGSS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORTHAMPTON
Postcode
NN1 1ED
Post Town
Northampton
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF24 West Northamptonshire
Delivery Location
Not specified

Local Authority
West Northamptonshire
Electoral Ward
Castle
Westminster Constituency
Northampton North

Supplier Information

Number of Suppliers
1
Supplier Name

AON HEWITT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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