Award

ESCC JS Pension Investment Management Consultancy

EAST SUSSEX COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

30 Jan 2025 at 11:10

Award Notice
Summary of the contracting process

The East Sussex County Council has awarded a contract titled "ESCC JS Pension Investment Management Consultancy" (Sector: Pension services) to Hymans Robertson LLP. The procurement process was conducted using a selective method through a call-off from a framework agreement. Key dates include the end of the tender period on 10th October 2024 and the contract period starting on 1st February 2025 and ending on 31st January 2028. The consultancy services will take place in Lewes, England, with a total contract value of £750,000.

This awarded tender presents significant opportunities for growth for businesses specialising in financial and investment consultancy. It involves comprehensive services including asset allocation review, investment strategy development, cost control advisory, and training provision for Members and officers. Businesses with experience in these areas, particularly those that can offer cost-effective and data-driven consultancy services, would have been well-suited to compete for this contract. Large firms with a demonstrated ability to manage complex investment portfolios would particularly benefit from such opportunities.

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Notice Information

Notice Title

ESCC JS Pension Investment Management Consultancy

Notice Description

This contract has been awarded. The supplier will provide investment consultancy services to the East Sussex Pension Fund which include: * Review of asset allocation, investment strategy and investment management structure * Working with the Fund Actuary to undertake asset liability modelling as required * Monitoring and reporting of investment managers and producing quarterly reports based on data provided by the measuring company or incorporating other third party reporting as may be required in a cost-effective manner. * Attendance at meetings as required * Providing training to Members and officers as required * Advising on the Statement of Investment Principles * Advising on the Pension Fund Annual Report * Advising on controlling investment costs including fees and transaction related costs * Advising on alternative investments * Advising on Corporate Governance and Socially Responsible Investment policies * Advising on Manager selection * Advising on investment markets and the outlook for different asset classes

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cd15e938-4067-4d4f-a372-956b360f0090
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5a1e5392-7e5f-419e-abb9-f20295163d64
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
£750,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jan 20251 years ago
Submission Deadline
10 Oct 2024Expired
Future Notice Date
Not specified
Award Date
13 Dec 20241 years ago
Contract Period
1 Feb 2025 - 31 Jan 2028 2-3 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
EAST SUSSEX 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
LEWES
Postcode
BN7 1UE
Post Town
Brighton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ22 East Sussex CC
Delivery Location
Not specified
Local Authority
Lewes
Electoral Ward
Lewes Priory
Westminster Constituency
Lewes

Supplier Information

Number of Suppliers
1
Supplier Name

HYMANS ROBERTSON

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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