Tender

C1248 - Pension Management Services

NI WATER AND ITS SUBSIDIARIES

This public procurement record has 1 release in its history.

Tender

19 Dec 2024 at 14:52

Summary of the contracting process

NI Water and its subsidiaries have issued a tender titled "C1248 - Pension Management Services" within the financial and insurance services industry category, specifically focusing on pension services (CPV code: 66520000). This procurement process is in the tender stage, with proposals due by 23 January 2025. The contract, valued at £2,950,000, covers services to be delivered in the United Kingdom, region UKN0, and is divided into two lots: Pension Management Services (actuarial and consultancy) and Strategic Pay and Reward Consultancy. The tender adopts a selective procurement method using a negotiated procedure with a prior call for competition. Interested parties should ensure electronic or written submissions in English by the specified deadline, with bids remaining valid until 23 April 2025.

This tender presents a substantial opportunity for businesses specialising in financial consultancy, actuarial services, and human resources management consultancy. By participating, companies can secure significant contracts either in pension management or strategic pay consulting, or both. Firms with experience in business and management consultancy, particularly those that deliver high-quality services at competitive prices (as award criteria weight quality at 70% and cost at 30%), are well-suited to compete. This engagement could potentially enhance business growth and visibility within the provided services sector.

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Notice Title

C1248 - Pension Management Services

Notice Description

This tender will appoint a Contractor(s) to provide pension management services (actuarial and consultancy) and consultancy services related to pay and reward to the Client's employees and directors. The tender is split into two Lots. Economic Operations can apply for either or both of the available Lots. This Contract is for the following services: * Lot 1 Pension Management Services (actuarial and consultancy) * Lot 2 Strategic Pay and Reward Consultancy.

Lot Information

Pension Management Services (actuarial and consultancy)

This tender will appoint a Contractor(s) to provide pension management services (actuarial and consultancy) and consultancy services related to pay and reward to the Client's employees and directors. The tender is split into two Lots. Economic Operations can apply for either or both of the available Lots. This Contract is for the following services: * Lot 1 Pension Management Services (actuarial and consultancy) * Lot 2 Strategic Pay and Reward Consultancy.

Strategic Pay and Reward services

This tender will appoint a Contractor(s) to provide pension management services (actuarial and consultancy) and consultancy services related to pay and reward to the Client's employees and directors. The tender is split into two Lots. Economic Operations can apply for either or both of the available Lots. This Contract is for the following services: * Lot 1 Pension Management Services (actuarial and consultancy) * Lot 2 Strategic Pay and Reward Consultancy.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c9aa
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041003-2024
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66000000 - Financial and insurance services

66519600 - Actuarial services

66520000 - Pension services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

79400000 - Business and management consultancy and related services

79414000 - Human resources management consultancy services

Notice Value(s)

Tender Value
£2,950,000 £1M-£10M
Lots Value
£2,950,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

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

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NI WATER AND ITS SUBSIDIARIES
Contact Name
sourcingniwater.com
Contact Email
sourcing@niwater.com
Contact Phone
Not specified

Buyer Location

Locality
BELFAST
Postcode
BT14 6TE
Post Town
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN0 Northern Ireland

Local Authority
Belfast
Electoral Ward
Chichester Park
Westminster Constituency
Belfast North

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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