Award

WSCC - JS - West Sussex Pension Fund - Actuarial Services

WEST SUSSEX COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

15 Sep 2023 at 15:56

Summary of the contracting process

The West Sussex County Council has awarded a contract for Actuarial Services and associated support for the West Sussex Pension Fund under the National LGPS Framework. The contract, with a value of £4,500,000, was awarded to HYMANS ROBERTSON LLP. The procurement method used was selective, with a call-off from a framework agreement. The tender period ended on 16th June 2023, and the contract period is from 1st November 2023 to 31st October 2029, making this a completed procurement process.

This contract offers opportunities for businesses providing Actuarial, Benefit, and Governance Consultancy Services. SMEs are considered suitable to compete for this contract. The location for service delivery is specified as the postal code PO19 1RG. Businesses in the Actuarial services industry, particularly those experienced in working within public sector frameworks, are well-suited to benefit from this tender, given the long-term contract term of 9 years.

How relevant is this notice?

Notice Information

Notice Title

WSCC - JS - West Sussex Pension Fund - Actuarial Services

Notice Description

Actuarial Services and associated support for West Sussex Pension Fund National LGPS Framework for Actuarial, Benefit and Governance Consultancy Services Reference number - NCCT41941 (lots 1-3). Contract term is 6+3yrs

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da698f65-bbd9-45c4-9e5f-fdb6fc2e1d51
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e0050d2f-e765-41da-bca7-b25868acd436
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

66519600 - Actuarial services

Notice Value(s)

Tender Value
£4,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Sep 20232 years ago
Submission Deadline
16 Jun 2023Expired
Future Notice Date
Not specified
Award Date
3 Aug 20232 years ago
Contract Period
1 Nov 2023 - 31 Oct 2029 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
WEST SUSSEX COUNTY COUNCIL
Contact Name
James Skilling
Contact Email
james.skilling@westsussex.gov.uk
Contact Phone
0330 222 5432

Buyer Location

Locality
CHICHESTER
Postcode
PO19 1RQ
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ27 West Sussex (South West)
Delivery Location
Not specified

Local Authority
Chichester
Electoral Ward
Chichester Central
Westminster Constituency
Chichester

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

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-da698f65-bbd9-45c4-9e5f-fdb6fc2e1d51-2023-09-15T16:56:12+01:00",
    "date": "2023-09-15T16:56:12+01:00",
    "ocid": "ocds-b5fd17-da698f65-bbd9-45c4-9e5f-fdb6fc2e1d51",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "WSCC - JS - West Sussex Pension Fund - Actuarial Services",
        "title": "WSCC - JS - West Sussex Pension Fund - Actuarial Services",
        "description": "Actuarial Services and associated support for West Sussex Pension Fund National LGPS Framework for Actuarial, Benefit and Governance Consultancy Services Reference number - NCCT41941 (lots 1-3). Contract term is 6+3yrs",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66519600",
            "description": "Actuarial services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "PO19 1RG"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 4000000,
            "currency": "GBP"
        },
        "value": {
            "amount": 4500000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-06-16T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-11-01T00:00:00Z",
            "endDate": "2029-10-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-LAE-WSX",
            "name": "West Sussex County Council",
            "identifier": {
                "legalName": "West Sussex County Council",
                "scheme": "GB-LAE",
                "id": "WSX"
            },
            "address": {
                "streetAddress": "County Hall,West Street",
                "locality": "CHICHESTER",
                "postalCode": "PO191RQ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "James Skilling",
                "email": "james.skilling@westsussex.gov.uk",
                "telephone": "0330 222 5432"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC310282",
            "name": "HYMANS ROBERTSON LLP",
            "identifier": {
                "legalName": "HYMANS ROBERTSON LLP",
                "scheme": "GB-COH",
                "id": "OC310282"
            },
            "address": {
                "streetAddress": "1 London Wall LONDON EC2Y 5EA GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-LAE-WSX",
        "name": "West Sussex County Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-da698f65-bbd9-45c4-9e5f-fdb6fc2e1d51-1",
            "status": "active",
            "date": "2023-08-04T00:00:00+01:00",
            "datePublished": "2023-09-15T16:56:12+01:00",
            "value": {
                "amount": 4500000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC310282",
                    "name": "HYMANS ROBERTSON LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-11-01T00:00:00Z",
                "endDate": "2029-10-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/e0050d2f-e765-41da-bca7-b25868acd436",
                    "datePublished": "2023-09-15T16:56:12+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}