Award

LGPS Independent Advisor

CUMBRIA COUNTY COUNCIL

This public procurement record has 3 releases in its history.

Award

03 Apr 2020 at 08:20

Award Notice
Award

31 Mar 2020 at 09:12

Award Notice
Tender

20 Dec 2019 at 10:58

Tender Notice
Summary of the contracting process

The procurement process involves the Cumbria County Council, which is seeking to award a contract for the position of an Independent Advisor for the Cumbria Local Government Pension Scheme. This tender, titled "LGPS Independent Advisor," falls within the public service sector, specifically classified under the CPV code "75320000" for government employee pension schemes. The procurement method is open, allowing all interested parties to apply, with the final date for tender submissions having been 31 January 2020. The contract is set to commence on 16 March 2020 and will run until 15 March 2026, with an awarded contract value of £120,000.

This tender presents significant opportunities for SMEs who specialise in consultancy services related to pension schemes and financial advisory roles. Companies capable of providing comprehensive insights into local government pensions would be well-suited to compete for this contract, potentially helping them to establish long-term relationships with a local authority. Interested businesses should consider this as an opportunity to expand their portfolio in public financial services and contribute to the management of governmental pension plans in the North West region of the United Kingdom.

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Notice Information

Notice Title

LGPS Independent Advisor

Notice Description

Cumbria Local Government Pension Scheme (the Fund) is seeking to appoint an Independent Advisor to the Cumbria Pensions Committee and Investment Sub Group.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c7dd4a98-50a5-4004-aaae-0e6ed5e16b69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e75761fe-93d6-4430-8e8a-b69c8a350f12
Current Stage
Award
All Stages
Tender, 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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75320000 - Government employee pension schemes

Notice Value(s)

Tender Value
£110,000 £100K-£500K
Lots Value
Not specified
Awards Value
£180,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Apr 20205 years ago
Submission Deadline
31 Jan 2020Expired
Future Notice Date
Not specified
Award Date
26 Mar 20205 years ago
Contract Period
30 Mar 2020 - 31 Mar 2026 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CUMBRIA 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
CARLISLE
Postcode
CA1 1RZ
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
TLD North West (England)
Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

GIFFORDGATE

Further Information

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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