Award

Pensions Actuarial Services and Benefits Consultancy from the National LGPS Framework (NCCT40954)

LINCOLNSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

09 Nov 2020 at 10:41

Summary of the contracting process

Lincolnshire County Council has completed a procurement process entitled "Pensions Actuarial Services and Benefits Consultancy from the National LGPS Framework (NCCT40954)." This tender was focused on the provision of actuarial services, specifically for the Lincolnshire County Council Pension Fund. The procurement occurred through an open procedure, with a total contract value of £1,680,000 and an active award announcement made on 16th October 2020. The contract spans from 1st January 2021 to 31st December 2023, and delivery is targeted within the East Midlands region of the United Kingdom.

This tender opportunity presents significant prospects for businesses specialising in actuarial services and benefits consultancy, particularly those equipped to handle large contracts. Companies with experience in public sector contracts and a strong track record in pension-related services would be well-placed to compete for similar opportunities in the future. The contract’s substantial value and extended duration may provide a stable foundation for service providers looking to expand their offerings and client base within the local government sector.

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Notice Title

Pensions Actuarial Services and Benefits Consultancy from the National LGPS Framework (NCCT40954)

Notice Description

Provision of Actuarial Services and Benefits Consultancy to Lincolnshire County Council Pension Fund.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-689ceaec-ccc5-4473-a962-61b6c9854d05
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/591f91bf-ad9f-4aa3-94de-2d9e65248317
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

66519600 - Actuarial services

Notice Value(s)

Tender Value
£1,680,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,680,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Nov 20205 years ago
Submission Deadline
7 Sep 2020Expired
Future Notice Date
Not specified
Award Date
15 Oct 20205 years ago
Contract Period
1 Jan 2021 - 31 Dec 2023 2-3 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
LINCOLNSHIRE 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
LINCOLN
Postcode
LN1 1YL
Post Town
Lincoln
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)

Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

BARNETT WADDINGHAM

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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