Award

Enfield (LGPS) Pension Administration Software and Support

LONDON BOROUGH OF ENFIELD

This public procurement record has 1 release in its history.

Award

07 Nov 2024 at 11:56

Summary of the contracting process

The London Borough of Enfield has awarded a contract for the provision of Pension Administration Software and support. This contract, worth £1,805,895, was awarded to Heywood Limited and will span five years, from 1st April 2025 to 31st March 2030. The procurement process was conducted under the limited procurement method, specifically the negotiated procedure without prior publication, due to the absence of competition for technical reasons. This contract falls under the 'Software package and information systems' industry category (CPV code: 48000000) and pertains to government employee pension schemes. Key dates include the standstill period ending on 18th November 2024, with the contract signed on 16th September 2024.

This tender presents a significant opportunity for businesses involved in pension administration software and support, especially those with expertise in managing complex legislative and technical transitions like the McCloud Judgement and the National Pension Dashboard requirements. SMEs that can offer specialised software solutions and support within the public sector pensions administration market, particularly those familiar with the Local Government Pension Scheme (LGPS), would be well-suited to compete for similar upcoming opportunities. The potential for future competitive procurement processes at the end of year three of the current contract further enhances the growth prospects for businesses operating in this sector.

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Notice Title

Enfield (LGPS) Pension Administration Software and Support

Notice Description

The London Borough of Enfield, acting as the Administering Authority for the Enfield Pension Fund, intends to award a 5 year contract for the provision of Pension Administration Software and support, from 01/04/2025 to 31/03/2030.

Lot Information

Lot 1

5 year contract for the provision of Pension Administration Software and support, from 01/04/2025 to 31/03/2030. Award in accordance with Regulation 32(2)(B)(ii), the negotiated procedure without prior publication where competition is absent for technical reasons.

Procurement Information

Regulation 32(2)(B)(ii) states: (2) The negotiated procedure without prior publication may be used for public works contracts, public supply contracts and public service contracts in any of the following cases:-- (b)where the works, supplies or services can be supplied only by a particular economic operator for any of the following reasons:-- (ii)competition is absent for technical reasons The reasons for this are as follows: 1. In 2015, the Court of Appeal ruled that the Government's public sector pension changes unlawfully treated existing public sectors differently in relation to age discrimination. This is referred to as the McCloud Judgement. Public sector pension schemes are required to assess member benefits and make changes to member service, which will include paying compensation during the 'remedy period' which is April 2014 to March 2022. The huge impact and timing of McCloud on LGPS funds means that it is not possible to scope the technical requirements or implement a transition to a new software supplier to coincide with the current contract cycle. 2. The unreasonable cost (due to scarcity) of resource to dedicate to a transition to a new supplier, due to difficulty recruiting staff within the public sector pensions administration sector. 3. LGPS changes to the re-evaluation dates of pensions have altered the technical parameters of the system. It would be a significant risk to move away from the incumbent system while this work is taking place. 4. The National Pension Dashboard, which is being developed by the Government will allow individuals to see all their pension benefits and pension savings in one place. Enfield Pension Fund must on board by October 2025. It would be a significant risk to move away from the incumbent system before this date as the transfer may jeopardise the ability to meet the onboarding deadline. 5. The above changes in pensions regulations and associated law, which are outside the control of the Enfield Administering Authority means that the timescales required for procurement and transition to a new supplier (between 12 -18 months) are such that it is not technically possible for any other provider to fulfil the Council's service requirements at the time required. 6. As per the LGPS Regulations, the Enfield Pension Fund must be revaluated every 3 years. The next Fund valuation is based on scheme date at 31st March 2025. The Enfield Administering Authority will need to ensure data is accurate and available at this date to provide required information to the Funds actuaries. There would be a significant risk to move away from the incumbent system on 1st April 2025. The intention will be to run a competitive procurement process at around the end of year 3 of the proposed new contract. A 10 day standstill period will now commence which will expire midnight 18/11/2024.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b498
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036052-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Negotiated without publication of a contract notice
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

75 - Administration, defence and social security services


CPV Codes

48000000 - Software package and information systems

75320000 - Government employee pension schemes

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,805,895 £1M-£10M

Notice Dates

Publication Date
7 Nov 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Sep 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF ENFIELD
Contact Name
Procurement Services
Contact Email
procurement.support@enfield.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
ENFIELD
Postcode
EN1 3ES
Post Town
Enfield
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
Not specified

Local Authority
Enfield
Electoral Ward
Town
Westminster Constituency
Enfield North

Supplier Information

Number of Suppliers
1
Supplier Name

HEYWOOD

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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