Award

2022 Pensions Consulting UoR - Ref 1

UNIVERSITY OF READING

This public procurement record has 2 releases in its history.

Award

28 Mar 2023 at 14:56

Tender

30 Jan 2023 at 16:00

Summary of the contracting process

The University of Reading has completed a tender process for consultancy services related to Actuarial, Pensions, and Benefits Services. This procurement falls under the services category and specifically targets Pension fund consultancy services. The University sought a supplier with at least 3 years' experience in the Universities Superannuation Scheme (USS) across a minimum of 3 universities. The contract, awarded to Mercer Limited, has a value of £540,000 and was signed on 28th March 2023.

This tender presents an opportunity for businesses specializing in Pension fund consultancy services, Insurance and pension services, or Group pension services to engage with the University of Reading. The University's procurement process, conducted through an open procedure, allows for fair competition. Businesses with expertise in the specified areas and experience within the education sector are well-suited to participate in this contract to promote their growth and establish valuable partnerships.

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Notice Title

2022 Pensions Consulting UoR - Ref 1

Notice Description

University of Reading is seeking consultancy services for Actuarial, Pensions and Benefits Services.The successful bidder will have a minimum of 3 years' experience with Universities Superannuation Scheme (USS) with at least 3 Universities (as their primary Pension scheme).

Lot Information

Lot 1

Consultancy services for Actuarial, Pensions and Benefits Services - see tender documents.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a132
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009010-2023
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

66522000 - Group pension services

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£540,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£540,000 £500K-£1M

Notice Dates

Publication Date
28 Mar 20232 years ago
Submission Deadline
2 Mar 2023Expired
Future Notice Date
Not specified
Award Date
27 Mar 20232 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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF READING
Contact Name
Procurement
Contact Email
s.morse@reading.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
READING
Postcode
RG6 6EE
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLJ1 Berkshire, Buckinghamshire and Oxfordshire

Local Authority
Wokingham
Electoral Ward
Hillside
Westminster Constituency
Earley and Woodley

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

Open Contracting Data Standard (OCDS)

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