Award

Investment Stress Factors Review

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

25 Jan 2022 at 09:49

Summary of the contracting process

The Pension Protection Fund has recently awarded a contract titled "Investment Stress Factors Review" within the office cleaning services industry category, with a contract value of £66,135. This procurement was carried out through a selective method as a call-off from a framework agreement. The contract period commenced on 30th November 2021 and concluded on 31st January 2022. The award was announced on 23rd November 2021 and published on 25th January 2022, with the work being based in London, United Kingdom.

This tender presents valuable opportunities for businesses, particularly small and medium-sized enterprises (SMEs) that specialise in providing cleaning services or consultancy in risk assessment methodologies. Companies with experience in conducting reviews or assessments related to investment strategies will be particularly well-suited to compete for similar future contracts. Engaging in such contracts not only enhances portfolio diversification for SMEs but also opens avenues for building lasting partnerships with governmental organisations like the Pension Protection Fund.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Investment Stress Factors Review

Notice Description

As part of our levy charging methodology we incorporate a measure of the investment risk posed by the scheme. We periodically review this methodology to ensure that it is fit for purpose. This contract is for an advisor to help us conduct the current review.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7987c222-a8b3-4470-9dd0-934ca0082855
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8559fd37-9ae7-4036-a236-0f8a80d90bbb
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

90919200 - Office cleaning services

Notice Value(s)

Tender Value
£66,135 Under £100K
Lots Value
Not specified
Awards Value
£66,135 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20224 years ago
Submission Deadline
3 Nov 2021Expired
Future Notice Date
Not specified
Award Date
23 Nov 20214 years ago
Contract Period
30 Nov 2021 - 31 Jan 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION 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
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

BARNETT WADDINGHAM

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-7987c222-a8b3-4470-9dd0-934ca0082855-2022-01-25T09:49:46Z",
    "date": "2022-01-25T09:49:46Z",
    "ocid": "ocds-b5fd17-7987c222-a8b3-4470-9dd0-934ca0082855",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_283955/1035091",
        "title": "Investment Stress Factors Review",
        "description": "As part of our levy charging methodology we incorporate a measure of the investment risk posed by the scheme. We periodically review this methodology to ensure that it is fit for purpose. This contract is for an advisor to help us conduct the current review.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "90919200",
            "description": "Office cleaning services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 66135,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2021-11-03T17:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2021-11-30T00:00:00Z",
            "endDate": "2022-01-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-195635",
            "name": "Pension Protection Fund",
            "identifier": {
                "legalName": "Pension Protection Fund"
            },
            "address": {
                "streetAddress": "Renaissance, 12 Dingwall Road,",
                "locality": "Croydon",
                "postalCode": "CR0 2NA",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "commercialservices@ppf.co.uk"
            },
            "details": {
                "url": "https://www.ppf.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC307678",
            "name": "Barnett Waddingham LLP",
            "identifier": {
                "legalName": "Barnett Waddingham LLP",
                "scheme": "GB-COH",
                "id": "OC307678"
            },
            "address": {
                "streetAddress": "3 Devon Way, Longbridge, Birmingham, B31 2TS"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-195635",
        "name": "Pension Protection Fund"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-7987c222-a8b3-4470-9dd0-934ca0082855-1",
            "status": "active",
            "date": "2021-11-23T00:00:00Z",
            "datePublished": "2022-01-25T09:49:46Z",
            "value": {
                "amount": 66135,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC307678",
                    "name": "Barnett Waddingham LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2021-11-30T00:00:00Z",
                "endDate": "2022-01-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/8559fd37-9ae7-4036-a236-0f8a80d90bbb",
                    "datePublished": "2022-01-25T09:49:46Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}