A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

NORFOLK COUNTY COUNCIL

There are 2 contracts in this contracting process.

Summary of the contracting process

Norfolk County Council has completed the procurement process for a Multi Provider Framework Agreement aimed at providing Transition Management Services primarily in support of the Local Government Pension Scheme. This framework is set within the pension services industry category and covers various UK regions. The procurement was conducted through an open procedure, with significant involvement from regional authorities such as the City of Bradford Metropolitan District Council, City of Wolverhampton Council, LGPS Central Limited, and others. Contracts were signed on 10 February 2025, with an estimated value of £15,000,000. The services include Transition Management and Implementation Services and Transition Management Advisory Services, with key suppliers like BlackRock Investment Management (UK) Ltd, Macquarie Capital (Europe) Limited, and Mercer Ltd being awarded contracts.

This tender represents a substantial opportunity for firms specialised in pension and investment services to expand their business. Suitable candidates include large investment management firms and advisory companies, given the scope and financial scale of the framework. The structured nature of services demanded, such as implementation and advisory management, offers a platform for firms to demonstrate their expertise and win significant contracts within the public pension sector. Businesses with capabilities in providing high-quality, competitive pension services would be best positioned to benefit from such framework agreements.

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Award, Contract

A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

NORFOLK COUNTY COUNCIL

Contract Timeline

Publication Date

11th March 2025 15:34:39 PM
Contract Summary

In addition to Norfolk County Council, the Founder Authorities listed in this Contract Notice have established a multi-provider Framework Agreement for Transition Management Services to be available to all LGPS Funds and other bodies as listed in the Contract Notice.
Contract Details

Open Contracting ID

ocds-h6vhtk-04a7a9

Publication Source

Find a Tender Service

Procurement Stage

Award, Contract

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS

Framework
Contract Classification

CPV Code(s)

66520000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

NORFOLK COUNTY COUNCIL

Buyer Name

Buyer Email

mpfadmin@wirral.gov.uk

Buyer Phone

Buyer Address

Liverpool

LS2 9SH

United Kingdom
Awarded Supplier(s)

Supplier Name(s)

BLACKROCK INVESTMENT MANAGEMENT (UK) LTD
HYMANS ROBERTSON LLP
MACQUARIE CAPITAL (EUROPE) LIMITED
MERCER LTD
RUSSELL INVESTMENTS IMPLEMENTATION SERVICES LIMITED
THE NORTHERN TRUST COMPANY

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Tender

A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

NORFOLK COUNTY COUNCIL

Contract Timeline

Publication Date

10th October 2024 14:09:12 PM

Tender Deadline

18th November 2024 14:00:00 PM Expired
Contract Summary

In addition to Norfolk County Council, the Founder Authorities listed in this Contract Notice wish to establish a multi-provider Framework Agreement for Transition Management Services to be available to all LGPS Funds and other bodies as listed in this Contract Notice.The figures/values stated below do not reflect the true volume of business. There is no guarantee of business, but the expectation is that up to £15,000,000.00 could be procured against this Framework Agreement.
Contract Details

Open Contracting ID

ocds-h6vhtk-04a7a9

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS

Framework
Contract Classification

CPV Code(s)

66520000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

NORFOLK COUNTY COUNCIL

Buyer Name

Buyer Email

mpfadmin@wirral.gov.uk

Buyer Phone

Buyer Address

Liverpool

LS2 9SH

United Kingdom

View contract on Find a Tender Service

A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

NORFOLK COUNTY COUNCIL

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)

A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

NORFOLK COUNTY COUNCIL

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority