Award

Investment Adviser Services - DB

CTM PORTAL FOR THE NDA SHARED SERVICES ALLIANCE

This public procurement record has 1 release in its history.

Award

02 Nov 2019 at 14:00

Summary of the contracting process

The Combined Nuclear Pension Plan has awarded a contract for Investment Adviser Services to Aon Hewitt Limited, with a total contract value of £16 million, valid from 30th October 2019 to 29th October 2027. This procurement, which falls under the pension investment services category, was conducted through an open procedure. The tender process was completed with the final date for submissions being 5th September 2019, and the buying organisation is located in Moor Row, Cumbria, England.

This tender presents significant opportunities for businesses specialising in investment advisory services, particularly those capable of managing defined benefit arrangements. It is well-suited for small and medium-sized enterprises (SMEs) looking to expand in the pension management sector, as the procurement ensures engagement with credible service providers. Companies with expertise in financial advisory services could find a valuable opportunity for growth by participating in similar upcoming contracts in this sector.

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Notice Title

Investment Adviser Services - DB

Notice Description

The Trustee of the Combined Nuclear Pension Plan requires an Investment Adviser to provide investment advice in relation to the defined benefit arrangements within the Plan

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dfaae719-b4ae-4b89-be6c-095b7897a80b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4c5cfc33-764c-4f68-a28d-b3f30b7421af
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£16,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£16,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Nov 20196 years ago
Submission Deadline
5 Sep 2019Expired
Future Notice Date
Not specified
Award Date
30 Oct 20196 years ago
Contract Period
30 Oct 2019 - 29 Oct 2027 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
CTM PORTAL FOR THE NDA SHARED SERVICES ALLIANCE
Contact Name
Claire Walker
Contact Email
procurement.inbox@nda.gov.uk
Contact Phone
+44 1925802006

Buyer Location

Locality
MOOR ROW
Postcode
CA24 3HU
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified

Local Authority
Cumberland
Electoral Ward
Egremont North and St Bees
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

AON HEWITT

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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