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A multi Provider Framework Agreement for the Provision of Actuarial, Benefits and Governance Consultancy Services

NORFOLK COUNTY COUNCIL

This public procurement record has 1 release in its history.

Planning

19 Dec 2024 at 12:27

Planning Notice
Summary of the contracting process

Norfolk County Council is initiating a planned procurement process for a multi-provider framework agreement aimed at the provision of actuarial, benefits, and governance consultancy services. This framework particularly supports Local Government Pension Schemes and similar public-sector pension schemes across various regions of the UK, including Essex, Hampshire, and Kent. The procurement is currently in the planning stage with a future notice date set for 17 March 2025. The tender will be conducted electronically via Norfolk County Council's e-procurement system, In-tend. Five lots are included in this procurement: Actuarial Services, Benefits Consultancy, Governance Consultancy, Funding Risk Advisory Services, and Consultancy Services to Support Specialist Projects, all classified under pension services.

This procurement framework presents substantial growth opportunities for businesses specialising in pension consultancy services. Companies with expertise in actuarial analysis, benefits, governance, and risk advisory are well-suited to compete for one or more of the five lots defined in the tender. Participation in this framework can foster long-term relationships with prominent regional authorities such as Norfolk, Essex, Hampshire, and Kent County Councils, as well as other public-sector pension schemes across the UK. Registering and expressing interest early via the In-tend system will be crucial for businesses eager to engage in this competitive and impactful public sector opportunity.

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Notice Information

Notice Title

A multi Provider Framework Agreement for the Provision of Actuarial, Benefits and Governance Consultancy Services

Notice Description

Norfolk County Council, on its own behalf and on behalf of the Environment Agency (as Administering Authority of the Environment Agency Pension fund), Essex County Council (as Administering Authority of the Essex Pension Fund), Hampshire County Council and Kent County Council (as Administering Authority of the Kent Pension Fund) wish to let a multi-provider, Framework Agreement for the provision of Actuarial, Benefits and Governance Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS). This framework may also be used by: - any LGPS administering authorities as defined in the Local Government Pension Scheme Regulations 2013 (SI 2013/2356) (as amended) including the Firefighters' Pension Scheme and Police Pension Schemes and any of their participating employing authorities, or in relation to the LGPS in Scotland, any administering authority and any of their scheme employers as defined in the Local Government Pension Scheme (Scotland) Regulations 2018 (SSI 2018/141) (as amended), - NILGOSC in Northern Ireland and employing authorities as defined in the Local Government Pension Scheme Regulations (Northern Ireland) 2014 (SRNI 2014/188) (as amended), - the Board of the Pension Protection Fund http://www.pensionprotectionfund.org.uk), - any other administering authority or scheme manager of a public-sector pension scheme or any public-sector body that requires pensions related services, and - any LGPS Fund(s) or groups of funds, or any bodies, organisations or companies established by them for the purpose of operating on a collective basis. This Framework is split into 5 Lots

Lot Information

Actuarial Services

The provision of Actuarial Services

Benefits Consultancy

Provision of Benefits Consultancy

Governance Consultancy

Provision of Governance Consultancy

Funding Risk Advisory Services

Provision of Funding Risk Advisory Services

Consultancy Services to Support Specialist Projects

Provision of Consultancy Services to Support Specialist Projects

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c989
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040957-2024
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Dec 20241 years ago
Submission Deadline
Not specified
Future Notice Date
17 Mar 2025Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORFOLK COUNTY COUNCIL
Additional Buyers

Environment Agency (as Administering Authority of the Environment Agency Pension fund)

Essex County Council (as Administering Authority of the Essex Pension Fund)

Hampshire County Council

Kent County Council (as administering authority for Kent Pension Fund)

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
NR1 2DH
Postcode Area
Norwich
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified
Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

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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