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SE Pension Scheme Trustee Services: Investment Consulting Service

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

19 Jul 2024 at 11:10

Award Notice
Tender

27 Mar 2024 at 16:17

Tender Notice
Summary of the contracting process

The procurement process involves the buying organization Scottish Enterprise issuing a tender titled "SE Pension Scheme Trustee Services: Investment Consulting Service" in the services category, under the pension fund consultancy services classification. The procurement is at the award stage, with Isio being the active supplier awarded a contract worth £1,200,000. The location of the buying organization is Glasgow, United Kingdom. The contract was signed on 19th July 2024.

This contracting opportunity presents a chance for businesses in the pension investment services sector to compete for the provision of investment consulting services. Companies with expertise in pension fund management and consultancy can leverage this tender to grow their business. The procurement method is open, providing a fair opportunity for various businesses to participate and showcase their capabilities. The contract offers a substantial value, and businesses keen on providing high-quality services in the field of pension funds are well-suited to engage and potentially secure long-term business growth through this opportunity.

How relevant is this notice?

Notice Information

Notice Title

SE Pension Scheme Trustee Services: Investment Consulting Service

Notice Description

The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are tendering to appoint a single supplier for provision of an Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028.

Lot Information

Lot 1

The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are to tender for the provision of a Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028. Parties believing they have appropriate capability should respond to this invitation to tender. The Scheme Trustees are looking for a value for money provider, albeit quality of service and personnel will be as important as price. The trustees are seeking a good mix of innovation and pragmatism in their service provider. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: It is anticipated that the contract will start on 1 October 2024 for a period of 36 months, with an option to extend for a further 12 months if required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044dc7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022445-2024
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
Large

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
£1,200,150 £1M-£10M
Lots Value
£1,200,150 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,200,000 £1M-£10M

Notice Dates

Publication Date
19 Jul 20242 years ago
Submission Deadline
1 May 2024Expired
Future Notice Date
Not specified
Award Date
19 Jul 20242 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
Scottish Enterprise
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

Isio

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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