Tender

Provision of Sole Pension Trustee and Secretarial Services

OFCOM

This public procurement record has 1 release in its history.

Tender

11 Mar 2021 at 22:56

Summary of the contracting process

The public procurement process involves Ofcom, the UK National Communications Regulator, which is seeking to contract for the "Provision of Sole Pension Trustee and Secretarial Services." This tender falls under the 'services' category, specifically within pension services, and is located in London, United Kingdom. Currently in the Tender stage, the submission deadline is set for 12 April 2021, with an invitation for the second stage planned for 30 April 2021. The procurement method employed is a restricted procedure, requiring a selective approach to candidate engagement. The potential contract duration is 1800 days, with options for renewal at Ofcom's discretion.

This tender presents significant opportunities for businesses specialising in pension management and consultancy services, particularly those with experience in acting as pension trustees and providing secretarial support for pension plans. Firms qualified in financial management consultancy and related business services are encouraged to compete, as Ofcom seeks a professional partnership to ensure the efficient operation of its pension schemes while balancing the interests of stakeholders. This contract not only allows for a substantial engagement but also presents the potential for extended relationships through renewal options.

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Notice Title

Provision of Sole Pension Trustee and Secretarial Services

Notice Description

Ofcom has a requirement for a professional pensions trustee to take over from the retiring Board of Trustees the running of the Ofcom (former ITC) Staff Pension Plan ('the Plan') in an effective and efficient manner, balancing the interests of members and Ofcom as required by the Trust Deed and the law. In addition, experienced secretarial support services are required for both the ITC Plan and the Ofcom Defined Benefit Pension Plan ('the Ofcom Plan').

Lot Information

Lot 1

Ofcom has a requirement for a professional pensions trustee to take over from the retiring Board of Trustees the running of the Ofcom (former ITC) Staff Pension Plan ('the Plan') in an effective and efficient manner, balancing the interests of members and Ofcom as required by the Trust Deed and the law. In addition, experienced secretarial support services are required for both the ITC Plan and the Ofcom Defined Benefit Pension Plan ('the Ofcom Plan').

Options: Options to extend the contract at Ofcom's sole discretion for three further periods, 2 of 24 months and 1 of 12 months.

Renewal: Options to extend the contract at Ofcom's sole discretion for three further periods, 2 of 24 months and 1 of 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029afa
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005001-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66520000 - Pension services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 20214 years ago
Submission Deadline
12 Apr 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
OFCOM
Contact Name
Mark Lundy
Contact Email
mark.lundy@ofcom.org.uk
Contact Phone
+44 02079813000

Buyer Location

Locality
LONDON
Postcode
SE1 9HA
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

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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