Award

Provision of Actuarial and Benefit Services to South Yorkshire Pensions Authority

BARNSLEY METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

08 Mar 2018 at 09:03

Summary of the contracting process

The recent procurement process conducted by Barnsley Metropolitan Borough Council focused on the "Provision of Actuarial and Benefit Services to South Yorkshire Pensions Authority." This contract was awarded under the category of Actuarial services and involved two lots: Actuarial Services and Benefits Consultancy. The procurement method used was a further competition under the National LGPS Framework. The tender period concluded on 28 February 2018, with the contract set to commence on 1 April 2018 and running until 31 March 2025. The awarded contract is valued at £200,000.

This tender presents a significant opportunity for businesses specialising in actuarial and benefits consultancy services. Companies that focus on financial consultancy, governance, or related sectors would be well-suited to compete in future procurement activities. The successful supplier, Mercer Ltd, exemplifies the type of organisation that can thrive in such contracts, and similar businesses may find opportunities to grow through engagement in forthcoming tenders within the public sector.

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Notice Title

Provision of Actuarial and Benefit Services to South Yorkshire Pensions Authority

Notice Description

South Yorkshire Pensions Authority (SYPA) has undertaken a further competition under the National LGPS Framework for Actuarial, Benefits and Governance Consultancy Services for services under Lot 1 - Actuarial Services and Lot 2 - Benefits Consultancy. SYPA has awarded both lots to one supplier.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b96d9881-14d3-4567-a38d-d60a18659462
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fd863ed7-77f7-4eef-a6e4-647d52cc348a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Mar 20187 years ago
Submission Deadline
28 Feb 2018Expired
Future Notice Date
Not specified
Award Date
7 Mar 20187 years ago
Contract Period
31 Mar 2018 - 31 Mar 2025 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
BARNSLEY METROPOLITAN BOROUGH 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
BARNSLEY
Postcode
S70 9FA
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE33 Barnsley
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Barnsley
Electoral Ward
Central
Westminster Constituency
Barnsley North

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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