Award

Investment Adviser Services - DC

CTM PORTAL FOR THE NDA SHARED SERVICES ALLIANCE

This public procurement record has 1 release in its history.

Award

25 Oct 2019 at 07:30

Summary of the contracting process

The CTM Portal for the NDA Shared Services Alliance has successfully completed the procurement process for "Investment Adviser Services - DC", aimed at providing investment advice for the defined contribution arrangements of the Combined Nuclear Pension Plan. This tender initially attracted attention with a budget of £8,000,000 and was conducted under the open procurement method, following the Public Contract Regulations 2015. The award date was on 14th October 2019, with the contract period commencing from 16th October 2019 and running until 15th October 2027. The contract is classified under pension investment services, with delivery addresses encompassing various UK territories and beyond.

This opportunity is particularly conducive for SMEs that specialise in investment advisory services, allowing them to compete in a significant contract valued at £8 million. Given the nature of the services required, firms with expertise in pension management and investment strategies will find themselves well-suited to this tender. The procurement provides a valuable chance for eligible businesses to expand their client base and establish long-term relationships with a key player in the nuclear sector. Additionally, it offers a platform for demonstrating service reliability and innovation in a highly regulated industry.

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Notice Title

Investment Adviser Services - DC

Notice Description

The Trustee of the Combined Nuclear Pension Plan requires an Investment Adviser to provide investment advice in relation to the defined contribution arrangements within the Plan. The Trustee is conducting this procurement as if it were subject to the requirements of the Public Contract Regulations 2015.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-afc1930a-7d07-4d6f-a6e5-790df007a075
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/052b8323-fabd-4bf8-80f3-4f5fca201a60
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£8,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Oct 20196 years ago
Submission Deadline
5 Sep 2019Expired
Future Notice Date
Not specified
Award Date
13 Oct 20196 years ago
Contract Period
15 Oct 2019 - 15 Oct 2027 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
CTM PORTAL FOR THE NDA SHARED SERVICES ALLIANCE
Contact Name
Claire Walker
Contact Email
procurement.inbox@nda.gov.uk
Contact Phone
+44 1925802006

Buyer Location

Locality
MOOR ROW
Postcode
CA24 3HU
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified

Local Authority
Cumberland
Electoral Ward
Egremont North and St Bees
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

REDINGTON

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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