Award

Defined contribution pension provider service

UNIVERSITY OF GLOUCESTERSHIRE

This public procurement record has 1 release in its history.

Award

02 Jul 2021 at 09:58

Summary of the contracting process

The procurement process involves the UNIVERSITY OF GLOUCESTERSHIRE as the buying organisation, seeking a defined contribution pension provider service with a total value of £36,120. This service falls under the industry category of pension fund management services, with delivery required in the South West region of the United Kingdom. The tender was awarded following a competitive tender process which utilised a closed list of suppliers. The award was made on 4th May 2021, and the contract period is set to run from 1st August 2021 until 31st July 2026.

This tender presents a significant opportunity for businesses in the pension management and financial services sector to engage in long-term contracts. Companies with a strong background in managing pension funds and services tailored for educational institutions would be well-suited to compete, especially those looking to establish or expand their presence in the public sector. Furthermore, this contract’s extended duration allows for potential strategic partnerships and greater investment in resource allocation to meet the university’s ongoing requirements.

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Notice Title

Defined contribution pension provider service

Notice Description

Defined contribution pension provider service.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c91daa8a-642a-4d08-806f-c7f047c8dcc4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8cb25559-2492-4b48-87fe-65d2eb8a8e51
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 - Competitive tender process using a closed list of suppliers.
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£36,120 Under £100K
Lots Value
Not specified
Awards Value
£36,120 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20214 years ago
Submission Deadline
12 Mar 2021Expired
Future Notice Date
Not specified
Award Date
3 May 20214 years ago
Contract Period
31 Jul 2021 - 31 Jul 2026 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
UNIVERSITY OF GLOUCESTERSHIRE
Contact Name
Robin Hare
Contact Email
rhare@glos.ac.uk
Contact Phone
01242 714178

Buyer Location

Locality
CHELTENHAM
Postcode
GL50 2RH
Post Town
Gloucester
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
TLK South West (England)

Local Authority
Cheltenham
Electoral Ward
Park
Westminster Constituency
Cheltenham

Supplier Information

Number of Suppliers
1
Supplier Name

LEGAL AND GENERAL ASSURANCE (PENSIONS MANAGEMENT

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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