Award

Pensions Consultancy Service for English Heritage

ENGLISH HERITAGE TRUST

This public procurement record has 2 releases in its history.

Award

17 Jun 2024 at 08:04

Tender

29 Jan 2024 at 08:40

Summary of the contracting process

The English Heritage Trust is seeking a pensions consultancy service for reviewing and managing their pension fund operations. The title of the procurement is "Pensions Consultancy Service for English Heritage", classified under pension fund consultancy services. The procurement is at the active stage, with a contract period starting on April 1, 2024, and ending on March 31, 2029. The total contract value is GBP 250,000, with a possibility of renewal for up to 5 years. The procurement process is open, with submission deadline on February 27, 2024.

This tender presents an opportunity for pensions consultancies to engage with English Heritage Trust in providing strategic advisory services related to pension funds and governance. Companies specializing in pension consultancy services, with expertise in UK pensions legislation and best practices, are well-suited to compete. The procurement method is an open procedure, allowing a transparent and competitive bidding process for interested businesses to showcase their capabilities in the pensions sector.

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Notice Title

Pensions Consultancy Service for English Heritage

Notice Description

We are seeking to appoint a pensions consultancy to:* Review the appropriateness of our current defined contribution default pension fund, and provider, relative to the profile of our workforce* Do a detailed governance review of the pension fund and provider annually, relative to investment performance, customer service, etc.* Produce and update EH's pensions literature for the workforce, so that it is accessible and easily understood* Keep EH up to date with changes to pensions legislation and best practice and make suggestions as to how pensions operations could be improved.

Lot Information

Lot 1

We are seeking to appoint a pensions consultancy to:* Review the appropriateness of our current DC default pension fund, and provider, relative to the profile of our workforce* Do a detailed governance review of the pension fund and provider annually, relative to investment performance, customer service, etc.* Produce and update EH's pensions literature for the workforce, so that it is accessible and easily understood* Keep EH up to date with changes to pensions legislation and best practice and make suggestions as to how pensions operations could be improved.

Renewal: The above dates include an initial term of 3 years, with provision to extend by 2 further year - maximum term of 5 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-043536
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018547-2024
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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
17 Jun 20241 years ago
Submission Deadline
27 Feb 2024Expired
Future Notice Date
Not specified
Award Date
17 Jun 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2029 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ENGLISH HERITAGE TRUST
Contact Name
Andrew Kennedy
Contact Email
procurement2@english-heritage.org.uk
Contact Phone
Not specified

Buyer Location

Locality
SWINDON,
Postcode
SN2 2EH
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Swindon
Electoral Ward
Mannington and Western
Westminster Constituency
Swindon South

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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