Award

Pension Administration Support Services

ISLE OF WIGHT COUNCIL

This public procurement record has 1 release in its history.

Award

20 Dec 2017 at 11:27

Summary of the contracting process

The Isle of Wight Council has successfully completed a tender for Pension Administration Support Services, which involved the reconciliation and rectification of GMP differences for Local Government Pension Scheme (LGPS) and Fire Pension Scheme (FPS) in accordance with HMRC guidance. The tender, which fell under the insurance and pension services category, utilised a selective procurement method via a restricted procedure. The tender process concluded on 26 September 2017, with the awarded contract valued at £97,050. The contract period runs from 11 December 2017 until 10 December 2018 and is based in Newport, United Kingdom.

This tender presents significant opportunities for businesses involved in pension consulting and administration services, particularly those that adhere to HMRC guidelines. Small and medium-sized enterprises (SMEs) are well-suited to compete for such contracts, due to their ability to provide specialised services and foster competitive pricing. Companies focusing on insurance and pension services should consider exploring partnerships or collaborations to strengthen their proposals and enhance their chances of success in future tenders.

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

Pension Administration Support Services

Notice Description

The council has commissioned a service for the reconciliation and rectification of GMP differences for LGPS and FPS, in accordance with HMRC guidance published in February 2016. The requirement has been competitively tendered under Lot 2 of the LGPS Framework NCCT41024.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7f7ad848-1c9c-4edf-9f12-f99aa57a6b92
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/654c5653-130d-4673-a952-0338b5977ae0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£97,050 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20178 years ago
Submission Deadline
26 Sep 2017Expired
Future Notice Date
Not specified
Award Date
17 Nov 20178 years ago
Contract Period
11 Dec 2017 - 10 Dec 2018 6-12 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
ISLE OF WIGHT 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
NEWPORT
Postcode
PO30 1UD
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
Not specified

Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

JLT EMPLOYEE BENEFITS

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-b5fd17-7f7ad848-1c9c-4edf-9f12-f99aa57a6b92-2017-12-20T11:27:05Z",
    "date": "2017-12-20T11:27:05Z",
    "ocid": "ocds-b5fd17-7f7ad848-1c9c-4edf-9f12-f99aa57a6b92",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "IOW001-DN296190-12697936",
        "title": "Pension Administration Support Services",
        "description": "The council has commissioned a service for the reconciliation and rectification of GMP differences for LGPS and FPS, in accordance with HMRC guidance published in February 2016. The requirement has been competitively tendered under Lot 2 of the LGPS Framework NCCT41024.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66500000",
            "description": "Insurance and pension services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "PO30 1UD"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 120000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Restricted procedure",
        "tenderPeriod": {
            "endDate": "2017-09-26T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2017-12-11T00:00:00Z",
            "endDate": "2018-12-10T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-57847",
            "name": "Isle of Wight Council",
            "identifier": {
                "legalName": "Isle of Wight Council"
            },
            "address": {
                "streetAddress": "Isle of Wight Council, County Hall",
                "locality": "Newport",
                "postalCode": "PO30 1UD",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Theresa Ellis",
                "email": "theresa.ellis@iow.gov.uk",
                "telephone": "+44 1983821000"
            },
            "details": {
                "url": "http://www.iwight.com"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-74818",
            "name": "JLT Employee Benefits",
            "identifier": {
                "legalName": "JLT Employee Benefits"
            },
            "address": {
                "streetAddress": "The St Botolph Building, 138 Houndsditch, London, EC3A 7AW"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-57847",
        "name": "Isle of Wight Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-7f7ad848-1c9c-4edf-9f12-f99aa57a6b92-1",
            "status": "active",
            "date": "2017-11-17T00:00:00Z",
            "datePublished": "2017-12-20T11:27:05Z",
            "value": {
                "amount": 97050,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-74818",
                    "name": "JLT Employee Benefits"
                }
            ],
            "contractPeriod": {
                "startDate": "2017-12-11T00:00:00Z",
                "endDate": "2018-12-10T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/654c5653-130d-4673-a952-0338b5977ae0",
                    "datePublished": "2017-12-20T11:27:05Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}