Award

Environment Agency Pension Fund Investment Management Advice

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Award

15 Sep 2022 at 13:30

Summary of the contracting process

The Defra Network eTendering Portal has awarded a contract for "Environment Agency Pension Fund Investment Management Advice" to Mercer Ltd for a total value of £1,140,000. The procurement method used was selective, with the contract period starting on August 1, 2022, and ending on July 31, 2025. This tender opportunity falls under the services category and was initiated as a tender on June 21, 2022, with the award date being September 1, 2022. The location of the buying organisation is London, England.

This procurement process presents an opportunity for businesses in the pension investment services sector to engage in advising on the Environment Agency Pension Fund's investment strategy. Small and medium-sized enterprises (SMEs) are particularly suitable for this contract. Businesses with expertise in providing pension investment services and a track record in portfolio management would be well-suited to compete in this selective procurement process. The award to Mercer Ltd signifies a significant growth opportunity for firms in this sector looking to secure long-term advisory contracts.

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Notice Title

Environment Agency Pension Fund Investment Management Advice

Notice Description

Advising on the Environment Agency Pension Fund investment strategy.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ce42ddda-2b16-4083-bf4e-c69010fe94c6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/098015b4-c33a-42b3-bb2a-500973fd4feb
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£1,140,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,140,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Sep 20223 years ago
Submission Deadline
21 Jun 2022Expired
Future Notice Date
Not specified
Award Date
31 Aug 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2025 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
DEFRA NETWORK ETENDERING PORTAL
Contact Name
Not specified
Contact Email
dgcenquiries@defra.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 3JR
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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