Award

Call-Off National LGPS Investment Management Consultancy Framework

NORTH YORKSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Jan 2022 at 15:45

Summary of the contracting process

The procurement process involves North Yorkshire County Council, which seeks consultancy services under the title "Call-Off National LGPS Investment Management Consultancy Framework." This procurement falls within the category of pension fund consultancy services and is located in Yorkshire and the Humber, United Kingdom. The tender has been concluded, with the contract awarded to Aon Solutions UK Limited for a total value of £700,000, effective from 8th October 2021 to 7th October 2026. The procurement method was selective, conducted as a call-off from a framework agreement, with the tender period concluding on 3rd September 2021.

This tender presents significant opportunities for growth, particularly for small and medium-sized enterprises (SMEs) specialising in financial consultancy and investment management services. Companies that are agile and experienced in providing pension fund consultancy services may find this contract appealing, allowing them to establish a long-term partnership with a local authority and enhance their portfolio in the public sector.

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Notice Title

Call-Off National LGPS Investment Management Consultancy Framework

Notice Description

Further competition and call-off through Lot 1 (Investment Consultancy Services) of National LGPS Investment Management Consultancy Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7bd55c15-bb7e-4967-aece-a4bbfef90b8f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a29bd18c-51dc-4e28-9faf-368397af3172
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

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy 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
12 Jan 20224 years ago
Submission Deadline
3 Sep 2021Expired
Future Notice Date
Not specified
Award Date
15 Dec 20214 years ago
Contract Period
7 Oct 2021 - 7 Oct 2026 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
NORTH YORKSHIRE COUNTY COUNCIL
Contact Name
Procurement Team
Contact Email
procurement@northyorks.gov.uk
Contact Phone
01609 533450

Buyer Location

Locality
NORTHALLERTON
Postcode
DL7 8AD
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE22 North Yorkshire
Delivery Location
TLE Yorkshire and The Humber

Local Authority
North Yorkshire
Electoral Ward
Romanby
Westminster Constituency
Richmond and Northallerton

Supplier Information

Number of Suppliers
1
Supplier Name

AON SOLUTIONS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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