Award

Invitation to Further Competition under Lot 2 of the National LGPS Framework for Benefit Consultancy Services

LGSS

This public procurement record has 1 release in its history.

Award

07 Feb 2018 at 11:44

Summary of the contracting process

Cambridgeshire County Council and Northamptonshire County Council have completed an invitation to tender under Lot 2 of the National LGPS Framework for Benefit Consultancy Services, with LGSS acting as the purchasing authority. The procurement took place in the East of England, with the contract valued at £600,000 agreed upon on 22nd December 2017. The contract period is set to commence on 1st April 2018 and will run until 31st March 2024, as the procurement process reached its award stage with the tender period concluding on 21st December 2017.

This tender presents significant opportunities for businesses involved in pension fund consultancy services. Firms with expertise in providing benefits consultancy, particularly those that can deliver comprehensive support to local government pension schemes, would be well-positioned to compete for similar contracts in the future. As the procurement was conducted through a framework, businesses familiar with structured tenders and those that can showcase previous work with public sector clients will likely find avenues for growth in this area.

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Notice Title

Invitation to Further Competition under Lot 2 of the National LGPS Framework for Benefit Consultancy Services

Notice Description

Cambridgeshire County Council and Northamptonshire County Council have appoint a single supplier of Benefits Consultancy Services using a joint procurement exercise via Lot 2 of the National LGPS Framework. The provider will be required to provide Benefits Consultancy Services to the Funds as set out in the framework tender documents

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dd60505b-56f7-4ecc-9a95-909fcd558bc8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/354eab91-cf23-4156-9a93-6d17f0d5d470
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 -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£600,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20188 years ago
Submission Deadline
21 Dec 2017Expired
Future Notice Date
Not specified
Award Date
22 Dec 20178 years ago
Contract Period
31 Mar 2018 - 31 Mar 2024 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
LGSS
Contact Name
Mark Whitby
Contact Email
mwhitby@northamptonshire.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NORTHAMPTON
Postcode
NN1 1ED
Post Town
Northampton
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF24 West Northamptonshire
Delivery Location
Not specified

Local Authority
West Northamptonshire
Electoral Ward
Castle
Westminster Constituency
Northampton North

Supplier Information

Number of Suppliers
1
Supplier Name

AON HEWITT

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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