Award

Award of Call Off Contract CCS Framework RM:3719 - Valuation Services for Local Pensions Partnership Investments Ltd

LOCAL PENSIONS PARTNERSHIP INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

17 Feb 2020 at 16:47

Summary of the contracting process

The procurement process involves the award of a call-off contract titled "Award of Call Off Contract CCS Framework RM:3719 - Valuation Services for Local Pensions Partnership Investments Ltd". This tender, initiated by the Local Pensions Partnership Investments Ltd, falls under the industry category of financial consultancy services. The procurement method used was selective, specifically a call-off from a framework agreement, with the contract value set at £532,500. The contract period spans from 6 January 2020 to 5 June 2022, while the tender period concluded on 25 October 2019.

This award presents significant growth opportunities for financial consultancy firms, particularly those with expertise in valuation services. Companies specialising in such services should consider engaging in future tenders under the Crown Commercial Service framework, which supports collaborations with public organisations. Potential bidders include large consultancy firms capable of delivering comprehensive financial advisory services, contributing to the needs of local pension investments.

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Notice Title

Award of Call Off Contract CCS Framework RM:3719 - Valuation Services for Local Pensions Partnership Investments Ltd

Notice Description

Award of call off contract under the Crown Commercial Service Corporate Finance Services Framework - RM:3719 (Lot 6) for the provision of valuation services for Local Pensions Partnership Ltd.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-98df34c4-c6a3-4754-abd6-e15f34c8cd64
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/abdf14a9-b17b-4a60-961a-eaa0be0553b4
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£532,500 £500K-£1M
Lots Value
Not specified
Awards Value
£532,500 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Feb 20206 years ago
Submission Deadline
25 Oct 2019Expired
Future Notice Date
Not specified
Award Date
6 Jan 20206 years ago
Contract Period
6 Jan 2020 - 5 Jun 2022 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
LOCAL PENSIONS PARTNERSHIP INVESTMENTS LTD
Contact Name
Nazneen Jafri
Contact Email
legal@localpensionspartnership.org.uk
Contact Phone
0207 369 6953

Buyer Location

Locality
LONDON
Postcode
SE1 0LL
Post Town
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
Not specified

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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