Award

Independent Advisor to the Nottinghamshire County Council Pension Fund

NOTTINGHAMSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

16 Oct 2024 at 08:11

Summary of the contracting process

Nottinghamshire County Council, located in Nottinghamshire, United Kingdom, has completed the procurement process for an Independent Advisor to its Pension Fund. The procurement, classified under the Financial and insurance services category, was awarded to LINCHPIN ADVISORY LTD. The contract, valued at GBP 198,000, will commence on 1st October 2024 and end on 1st October 2027. The procurement method was categorised as "Other - ", and the process reached the award stage as of 16th October 2024.

This tender presents significant opportunities for SMEs specialising in financial advisory services, particularly those experienced with pension funds. The requirement for an independent advisor to provide expert advice is ideal for smaller firms looking to establish or enhance their presence in the public sector. The substantial contract value indicates a lucrative opportunity for businesses capable of delivering high-quality services over a three-year period, fostering long-term growth and stability.

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Notice Title

Independent Advisor to the Nottinghamshire County Council Pension Fund

Notice Description

Nottinghamshire County Council is the Administering Authority for the Local Government Pension Scheme (LGPS) within Nottinghamshire. The LGPS is a statutory scheme administered by individual pension funds. Nottinghamshire County Council requires an independent advisor to provide advice for the pension fund.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be28b43d-6c39-4f17-8eb7-6706e30bf332
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5d05aaa6-e80c-4209-8beb-0e01f24bcf81
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£198,000 £100K-£500K
Lots Value
Not specified
Awards Value
£198,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20241 years ago
Submission Deadline
30 Sep 2024Expired
Future Notice Date
Not specified
Award Date
29 Sep 20241 years ago
Contract Period
30 Sep 2024 - 1 Oct 2027 3-4 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
NOTTINGHAMSHIRE COUNTY 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
NOTTINGHAMSHIRE
Postcode
NG2 7QP
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Rushcliffe
Electoral Ward
Trent Bridge
Westminster Constituency
Rushcliffe

Supplier Information

Number of Suppliers
1
Supplier Name

LINCHPIN ADVISORY

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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