Award

Multi Provider Framework Agreement for the Provision of Actuarial, Benefits and Governance Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS)

NORFOLK COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

29 Oct 2025 at 17:35

Tender

20 May 2025 at 15:42

Summary of the contracting process

The procurement process led by Norfolk County Council involves a multi-provider framework agreement for actuarial, benefits, and governance consultancy services in support of the Local Government Pension Scheme (LGPS). This collaboration includes key councils such as the Environment Agency, Essex County Council, Hampshire County Council, and Kent County Council. The procurement method used is an open procedure, and the industry category falls under public authority - sub-central government, focusing primarily on pension services, consultancy, and actuarial services. The contracts, valued at £150 million each, will run from January 8, 2026, until January 7, 2034, with options for re-opening within the eight years. Key deadlines include the end of the standstill period on November 7, 2025, and an upcoming signature date scheduled for November 15, 2025.

This tender presents significant growth opportunities for large and SME consultancy firms experienced in delivering actuarial, benefits, and governance services. It opens doors for businesses capable of supporting public sector pension schemes, offering a potential contract duration of up to ten years under the framework agreement. Companies focusing on public service delivery and technology will find a suitable fit for their expertise and services. Notably, the framework agreement accommodates both further competition and direct award mechanisms, allowing suppliers ample opportunity to demonstrate their capability and achieve strategic partnerships with governing authorities. Businesses with a strong client relationship management capability, performance management standards, and those providing added research value are well-suited to engage with this framework.

How relevant is this notice?

Notice Information

Notice Title

Multi Provider Framework Agreement for the Provision of Actuarial, Benefits and Governance Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS)

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) has 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).

Lot Information

Actuarial Services

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-05196d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069561-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

66520000 - Pension services

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£500,000,000 £100M-£1B
Lots Value
£500,000,000 £100M-£1B
Awards Value
£150,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
29 Oct 20251 months ago
Submission Deadline
15 Jul 2025Expired
Future Notice Date
Not specified
Award Date
29 Oct 20251 months ago
Contract Period
8 Jan 2026 - 7 Jan 2034 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORFOLK COUNTY COUNCIL
Additional Buyers

ENVIRONMENT AGENCY

ESSEX COUNTY COUNCIL

HAMPSHIRE COUNTY COUNCIL

KENT COUNTY COUNCIL

SURREY COUNTY COUNCIL (AS ADMINISTERING AUTHORITY OF THE SURREY PENSION FUND)

Contact Name
Not specified
Contact Email
procurement@defra.gov.uk, procurementpmo@eastsussex.gov.uk, procurementsanda@essex.gov.uk, sourcingsupportteam@kent.gov.uk, sourcingteam@norfolk.gov.uk, strategic.procurement@hants.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NORWICH
Postcode
NR1 2DH
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
Delivery Location
Not specified

Local Authority
Maidstone
Electoral Ward
Penenden Heath
Westminster Constituency
Maidstone and Malling

Supplier Information

Number of Suppliers
12
Supplier Names

AON SOLUTIONS

BARNETT WADDINGHAM

GOVERNMENT ACTUARY'S DEPARTMENT

GRANT THORNTON UK ADVISORY & TAX

HYMANS ROBERTSON

ISIO GROUP

KPMG

MERCER

PAYMASTER (1836

PENFIDA

PRICEWATERHOUSECOOPERS

REDINGTON

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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                "deliveryAddresses": [
                    {
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                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "2"
            },
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                ],
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                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
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                ],
                "relatedLot": "3"
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                "id": "4",
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                ],
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                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "4"
            },
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                "id": "5",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
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                ],
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                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "5"
            }
        ],
        "value": {
            "amountGross": 700000000,
            "amount": 500000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
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        ],
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                            "type": "quality",
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        "riskDetails": "Norfolk County Council has joined the government's Devolution Priority Programme. This process has the potential to lead to the establishment of a county combined authority for Norfolk and Suffolk, with strategic powers, headed by an elected mayor. A consultation is under way. Government has also invited participation by Norfolk in Local Government Review. This process has the potential to lead to unitary local government in Norfolk. One of these changes could happen without the other. The contract may be assigned or novated to any successor authority(ies) to Norfolk County Council or to any joint body incorporating or formed by any such successor. The County Council or a successor authority or joint body may order services on behalf of other local authorities serving any area within Norfolk's current geographical boundaries."
    },
    "language": "en",
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            },
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                "id": "13",
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                        "id": "GB-COH-OC301436",
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                ],
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            }
        ],
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "value": 4,
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            {
                "id": "2",
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            {
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            {
                "id": "4",
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            {
                "id": "5",
                "measure": "bids",
                "value": 13,
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            {
                "id": "6",
                "measure": "finalStageBids",
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            {
                "id": "7",
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                "id": "14",
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            {
                "id": "15",
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            {
                "id": "16",
                "measure": "smeFinalStageBids",
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            {
                "id": "17",
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            {
                "id": "18",
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                "id": "19",
                "measure": "smeFinalStageBids",
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            {
                "id": "20",
                "measure": "vcseFinalStageBids",
                "value": 0,
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    },
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            "mainProcurementCategory": "services",
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                {
                    "id": "GB-COH-4396810",
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                    "id": "GB-COH-OC307678",
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                "amountGross": 180000000,
                "amount": 150000000,
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                    "id": "GB-COH-4396810",
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                    "id": "GB-COH-OC310282",
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                    "id": "GB-COH-03249700",
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                    "id": "GB-COH-00984275",
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}