Notice Information
Notice Title
Wales Pension Partnership Regulator of Operator Services
Notice Description
THIS IS A CONTRACT AWARD NOTICE - NOT A CURRENT OPPORTUNITY The Wales Pension Partnership ("WPP") was established in 2017. The WPP is a collaboration of the eight LGPS funds ("Constituent Authorities")* covering the whole of Wales and is one of eight national LGPS pools. The eight Constituent Authorities had an existing contract with Waystone Management (UK) Limited to provide regulated third party operator services for WPP. The current contract is due to expire in December 2024. The contracting authority (Carmarthenshire County Council), on behalf of each of the Constituent Authorities, conducted a procurement process to appoint a regulated third party operator for WPP's ACS sub fund requirements following expiry of that existing contract. *The eight Constituent Authorities are Carmarthenshire County Council (Host Authority), City and County of Swansea Council, City of Cardiff Council, Flintshire County Council, Cyngor Gwynedd, Powys County Council, Rhondda Cynon Taf County Borough Council and Torfaen County Borough Council. For further information in respect of WPP please see the following link - https://www.walespensionpartnership.org/ Further information can be found in the Procurement Documents at https://etenderwales.bravosolution.co.uk/
Lot Information
Lot 1
The Wales Pension Partnership ("WPP") was established in 2017. The WPP is a collaboration of the eight LGPS funds ("Constituent Authorities")* covering the whole of Wales and is one of eight national LGPS pools. The eight Constituent Authorities have an existing contract with Waystone Management (UK) Limited to provide regulated third party operator services for WPP. The current contract is due to expire in December 2024. The contracting authority (Carmarthenshire County Council), on behalf of each of the Constituent Authorities, conducted a procurement process to appoint a regulated third party operator for WPP's ACS sub fund requirements following expiry of that existing contract. *The eight constituent authorities are Carmarthenshire County Council (Host Authority), City and County of Swansea Council, City of Cardiff Council, Flintshire County Council, Cyngor Gwynedd, Powys County Council, Rhondda Cynon Taf County Borough Council and Torfaen County Borough Council. For further information in respect of WPP please see the following link - https://www.walespensionpartnership.org/ Further information can be found in the Procurement Documents at https://etenderwales.bravosolution.co.uk/ Additional information: For further details on the Wales Pension Partnership please visit the following website: https://www.walespensionpartnership.org/
Renewal: The term of the Operator Agreement is for an initial term of five years and three months, followed by an option to extend for up to two further years. At any time prior to the end of the initial five year and three month term WPP may elect to extend the term of the Operator Agreement by up to two years.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-039849
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/031017-2024
- Current Stage
- Award
- All Stages
- Planning, Tender, Award
Procurement Classification
- Notice Type
- Planning Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66131100 - Pension investment services
66141000 - Pension fund management services
66520000 - Pension services
66522000 - Group pension services
66523000 - Pension fund consultancy services
Notice Value(s)
- Tender Value
- £14,000,000 £10M-£100M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £14,000,000 £10M-£100M
Notice Dates
- Publication Date
- 27 Sep 20241 years ago
- Submission Deadline
- 20 Nov 2023Expired
- Future Notice Date
- 31 Aug 2023Expired
- Award Date
- 21 Apr 20241 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- 12 months before contract end date
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- CARMARTHENSHIRE COUNTY COUNCIL
- Contact Name
- Not specified
- Contact Email
- walespensionpartnership@carmarthenshire.gov.uk
- Contact Phone
- +44 1267234567
Buyer Location
- Locality
- CARMARTHEN
- Postcode
- SA31 1JP
- Post Town
- Swansea
- Country
- Wales
-
- Major Region (ITL 1)
- TLL Wales
- Basic Region (ITL 2)
- TLL4 Mid and South West Wales
- Small Region (ITL 3)
- TLL42 South West Wales
- Delivery Location
- TLL14 South West Wales
-
- Local Authority
- Carmarthenshire
- Electoral Ward
- Carmarthen Town North and South
- Westminster Constituency
- Caerfyrddin
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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