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Provision of Actuarial, Benefits and Governance Consultancy Services in Support of the Local Government Pension Scheme to London Pensions Fund Authority (the "Actuarial Services")

London Pensions Fund Authority

This public procurement record has 2 releases in its history.

Award

01 Apr 2019 at 10:05

Award Notice
Tender

23 Nov 2018 at 17:57

Tender Notice
Summary of the contracting process

The London Pensions Fund Authority has recently concluded a procurement process for the provision of actuarial, benefits, and governance consultancy services to support the Local Government Pension Scheme. This was an open procurement process, categorised under CPV code 66519600, specifically for actuarial services. The tender was published on 23rd November 2018, with submissions accepted until 9th January 2019. The contract commenced on 1st April 2019 and is set to conclude on 31st March 2026, with its delivery location in London, United Kingdom.

This tender presents significant growth opportunities for consultancy firms specialising in actuarial services, particularly those capable of delivering comprehensive governance solutions. Small and medium-sized enterprises (SMEs) may find themselves well-positioned to compete, given the nature of the services required and the emphasis on innovative approaches to managing pension funds. Businesses equipped with expertise in public pension schemes and relevant financial frameworks will likely have a competitive advantage in this market.

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Notice Information

Notice Title

Provision of Actuarial, Benefits and Governance Consultancy Services in Support of the Local Government Pension Scheme to London Pensions Fund Authority (the "Actuarial Services")

Notice Description

Actuarial, Benefits and Governance Consultancy Services in Support of the Local Government Pension Scheme to London Pensions Fund Authority (the "Actuarial Services"). Additional information: Please apply directly to the buyer using the contact details provided (stuart.brown@localpensionspartnership.org.uk).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7a7088dd-2e87-4ba6-b4c4-f7dff5ca843d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/750db42e-75d1-49dd-8cf6-4ce0783a0060
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20197 years ago
Submission Deadline
9 Jan 2019Expired
Future Notice Date
Not specified
Award Date
28 Mar 20197 years ago
Contract Period
1 Apr 2019 - 31 Mar 2026 Over 5 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
London Pensions Fund Authority
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 0LL
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London
Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

Barnett Waddingham LLP

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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