Award

CCC and NCC Pensions Investment Consultancy via LGPS Framework, Lot 1.

CAMBRIDGESHIRE COUNTY COUNCIL ON BEHALF OF CAMBRIDGESHIRE PENSION FUND AND NORTHAMPTONSHIRE PENSION FUND

This public procurement record has 1 release in its history.

Award

23 Apr 2021 at 09:17

Award Notice
Summary of the contracting process

The procurement process concerns the "CCC and NCC Pensions Investment Consultancy via LGPS Framework, Lot 1," initiated by the Cambridgeshire County Council on behalf of the Cambridgeshire Pension Fund and Northamptonshire Pension Fund. This tender is classified under pension investment services and has a total value of £700,000. The contract period is set to commence on 1st October 2021 and will run until 30th September 2024, with an option to extend for an additional three years. The tender period ended on 1st March 2021, and the contract was awarded to Mercer Ltd on 6th April 2021, with the award notice published on 23rd April 2021.

This tender represents significant opportunities for businesses specialising in investment consultancy services, particularly consultancy firms that focus on pension funds. Small and medium-sized enterprises (SMEs) should find this contract particularly accessible, as the procurement process encourages competition among different service providers. Companies adept at delivering tailored investment strategies and those with experience working with local government pension funds will be well-positioned to compete for future tenders of this nature.

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Notice Information

Notice Title

CCC and NCC Pensions Investment Consultancy via LGPS Framework, Lot 1.

Notice Description

The Cambridgeshire and Northamptonshire Pension Funds (together "the Funds") have conducted a further competition using the National Local Government Pension Scheme Framework for Investment Consultancy Services in order to appoint a provider to provide services under Lot 1 Investment Consultancy Services. This is a three year contract with the option to extend for up to an additional three years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-63df7c4a-04d9-430f-ae5b-a36ab1ce7fbe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/abb9de9e-43d1-466e-8147-7318d4cecd24
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
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
£700,000 £500K-£1M
Lots Value
Not specified
Awards Value
£700,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20214 years ago
Submission Deadline
1 Mar 2021Expired
Future Notice Date
Not specified
Award Date
5 Apr 20214 years ago
Contract Period
30 Sep 2021 - 30 Sep 2024 3-4 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
CAMBRIDGESHIRE COUNTY COUNCIL ON BEHALF OF CAMBRIDGESHIRE PENSION FUND AND NORTHAMPTONSHIRE PENSION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CAMBRIDGE
Postcode
CB3 0AP
Post Town
Cambridge
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Cambridge
Electoral Ward
Castle
Westminster Constituency
Cambridge

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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