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Provision of Actuarial, Benefits and Governance Consultancy Services

Norfolk County Council (As Administering Authority for Norfolk Pension Fund)

This public procurement record has 1 release in its history.

Award

14 Oct 2021 at 08:39

Award Notice
Summary of the contracting process

The Norfolk County Council, acting as the administering authority for the Norfolk Pension Fund, has completed a tender process for the provision of Actuarial, Benefits, and Governance Consultancy Services, allocate under the National LGPS Framework. This procurement, classified under CPV code 66519600 for Actuarial services, followed a limited procedure without prior publication of a call for competition. The contract, valued at £4,600,000 and signed on 21st September 2021, is located in Norwich, UKH15. The procurement is categorised as complete, having recently appointed Hymans Robertson LLP as the supplier.

This tender presents significant opportunities for businesses specialising in actuarial, benefits, and governance consultancy services, particularly those familiar with local government frameworks. Small to large consultancy firms with expertise in employer contribution calculations, asset tracking, and stakeholder support may find this an appealing venture. By engaging in such tenders, businesses can enhance their market presence and build strategic relationships within the public sector.

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Notice Information

Notice Title

Provision of Actuarial, Benefits and Governance Consultancy Services

Notice Description

Norfolk Pension Fund has appointed a single Provider to supply services under Lot 1 - Actuarial Services, Lot 2 - Benefits Consultancy and Lot 3 - Governance Consultancy under the National LGPS Framework reference NCCT41941 as set out in the Framework tender documents.

Lot Information

Lot 1

Norfolk Pension Fund has appointed a single Provider to supply services under Lot 1 - Actuarial Services, Lot 2 - Benefits Consultancy and Lot 3 - Governance Consultancy under the National LGPS Framework reference NCCT41941 as set out in the Framework tender documents.

Procurement Information

This is a further competition under the National LGPS Framework agreement NCCT41941 under Lot 1 - Actuarial Services, Lot 2 - Benefits Consultancy and Lot 3 - Governance Consultancy

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02eb9f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025650-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,600,000 £1M-£10M

Notice Dates

Publication Date
14 Oct 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Sep 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Norfolk County Council (As Administering Authority for Norfolk Pension Fund)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORWICH
Postcode
NR2 1AD
Postcode Area
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
TLH15 Norwich and East Norfolk
Local Authority
Norwich
Electoral Ward
Mancroft
Westminster Constituency
Norwich South

Supplier Information

Number of Suppliers
1
Supplier Name

Hymans Robertson LLP

Further Information

Open Contracting Data Standard (OCDS)

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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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