Planning

Pension Administration Services

LONDON BOROUGH OF HAMMERSMITH & FULHAM

This public procurement record has 1 release in its history.

Planning

09 Oct 2020 at 18:05

Summary of the contracting process

The London Borough of Hammersmith & Fulham is currently in the planning stage for a procurement process titled "Pension Administration Services." This tender is aimed at providing comprehensive pensions administration to support approximately 15,300 members, including current, deferred, and pensioners, with services expected to commence towards the end of 2021. A key deadline is the engagement end date on 22 October 2020, allowing potential providers to submit responses to market engagement questions. The location for potential delivery is in London, with the procurement method focusing on a more efficient and financially responsible service for council employees and admitted bodies.

This tender presents a significant opportunity for businesses specialising in pension fund administration services, particularly small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies with expertise in providing high-quality and accessible pension administration solutions will find a suitable market here, as the council seeks a provider that can collaborate with its in-house team to enhance service delivery. Engaging in this procurement process could lead to a substantial contract that aligns with the council's commitment to modernising their services and ensuring financial efficiency.

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Notice Title

Pension Administration Services

Notice Description

Hammersmith & Fulham is one of London's leading councils. We aim to be the best. We're radically reforming the council to modernise the way services are run and ensure we provide good value for money. Being ruthlessly financially efficient is one of our key priorities. Our LGPS Pension Scheme caters for around 15,300 members (around 4,000 current, 6,000 deferred and 5,300 pensioners) and covers Council employees as well as around 50 admitted bodies. Having carried out an independent review we are looking to transfer the pensions administration service to a new provider towards the end of 2021. We are looking for a comprehensive pensions administration service which is geared to the needs of our Fund Members, to provide them with a high quality, accessible service. The provider will work closely with our in house Pensions Administration team and Treasury and Pensions function. We are currently reviewing the routes to market and developing a detailed specification. To help shape our thinking we would welcome responses to a number of questions (available via capitalEsourcing - under current opportunities). If you would like to submit a response, please do so by emailing procurement@lbhf.gov.uk by 22 October 2020.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b2518466-5936-4a27-b81a-66270c4fdca6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3fb419cb-0841-4b39-a06f-9b405e16111e
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20205 years ago
Submission Deadline
Not specified
Future Notice Date
22 Oct 2020Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF HAMMERSMITH & FULHAM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LON
Postcode
W6 9JU
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI London

Local Authority
Hammersmith and Fulham
Electoral Ward
Hammersmith Broadway
Westminster Constituency
Hammersmith and Chiswick

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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