Tender

LUV01197 Sole Trustee for PAS

UNIVERSITY OF LEICESTER

This public procurement record has 1 release in its history.

Tender

22 Mar 2024 at 15:30

Summary of the contracting process

The University of Leicester is looking for a sole trustee to manage the Pension Assurance Scheme (PAS) valued at £250,000. This procurement falls under the services category in the East Midlands region of the UK. The tender is currently in the open procedure stage, with a submission deadline of 24th April 2024, and a contract period starting from 1st August 2024 to 31st July 2029.

Businesses offering pension services would find a growth opportunity in competing for the University of Leicester's trustee role for PAS. This tender is well-suited for organisations with experience in pension management services and understanding of the UK regulatory environment. Successful bidders can establish a long-term partnership with the University to provide trustee and secretary services for its pension scheme, contributing to business growth and credibility in the pension services sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

LUV01197 Sole Trustee for PAS

Notice Description

Sole Trustee and Secretary Services for University of Leicester Pension Assurance Scheme (PAS). The University of Leicester is seeking to move to a sole trustee model for its legacy defined benefit pension scheme, the Pension and Assurance Scheme (PAS), during 2024.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e62986e1-eb75-4789-9ee8-67ec7a0c01ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b9ef9ce7-d680-46e8-b602-35f080ac64c2
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Mar 20241 years ago
Submission Deadline
24 Apr 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2024 - 31 Jul 2029 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF LEICESTER
Contact Name
Not specified
Contact Email
sab88@le.ac.uk
Contact Phone
+441162525205

Buyer Location

Locality
LEICESTER
Postcode
LE1 7RH
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
TLF East Midlands (England)

Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

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-e62986e1-eb75-4789-9ee8-67ec7a0c01ae-2024-03-22T15:30:03Z",
    "date": "2024-03-22T15:30:03Z",
    "ocid": "ocds-b5fd17-e62986e1-eb75-4789-9ee8-67ec7a0c01ae",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP850944422",
        "title": "LUV01197 Sole Trustee for PAS",
        "description": "Sole Trustee and Secretary Services for University of Leicester Pension Assurance Scheme (PAS). The University of Leicester is seeking to move to a sole trustee model for its legacy defined benefit pension scheme, the Pension and Assurance Scheme (PAS), during 2024.",
        "datePublished": "2024-03-22T15:30:03Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66520000",
            "description": "Pension services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "East Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 250000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2024-04-24T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2024-08-01T00:00:00+01:00",
            "endDate": "2029-07-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/b9ef9ce7-d680-46e8-b602-35f080ac64c2",
                "datePublished": "2024-03-22T15:30:03Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Please follow this link to view the notice.",
                "url": "https://www.delta-esourcing.com/tenders/UK-UK-Leicester:-Pension-services./X438QQ529F"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-111922",
            "name": "University of Leicester",
            "identifier": {
                "legalName": "University of Leicester"
            },
            "address": {
                "streetAddress": "University of Leicester, University Road",
                "locality": "Leicester",
                "postalCode": "LE1 7RH",
                "countryName": "UK"
            },
            "contactPoint": {
                "email": "sab88@le.ac.uk",
                "telephone": "+441162525205"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-111922",
        "name": "University of Leicester"
    }
}