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A Multi Provider Framework Agreement for the Provision of Benchmarking and Cost Transparency Services

Norfolk County Council

This public procurement record has 9 releases in its history.

Award

19 Jun 2026 at 12:56

UK7 - Contract Details Notice
Award

10 Apr 2026 at 14:41

UK6 - Contract Award Notice
Tender

18 Dec 2025 at 09:13

UK4 - Tender Notice
PlanningUpdate

28 Jul 2025 at 15:35

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

28 Jul 2025 at 12:51

UK3 - Planned Procurement Notice
PlanningUpdate

28 Jul 2025 at 11:55

UK3 - Planned Procurement Notice
PlanningUpdate

23 Jul 2025 at 14:03

UK2 - Preliminary Market Engagement Notice
Planning

23 Jul 2025 at 13:00

UK2 - Preliminary Market Engagement Notice
Planning

23 Jul 2025 at 12:59

UK3 - Planned Procurement Notice
Summary of the contracting process

Norfolk County Council, acting on behalf of the Norfolk Pension Fund and several other Local Government Pension Scheme bodies, has completed an open procurement procedure to establish a framework agreement for Benchmarking and Cost Transparency Services. Key partners in this process include Essex County Council, Lincolnshire County Council, and several other regional pension authorities in the UK. The procurement process, initiated on 23rd April 2026, concluded with the awarding of contracts on 19th June 2026. The contracts, with a total value of £5,000,000 each, will run from 5th May 2026 to 22nd April 2030. The framework agreement seeks to provide reliable sourcing for pension services across the UK, ensuring high-quality and cost-effective solutions through a competitive tendering approach focused on transparency and benchmarking.

This tender process opens significant opportunities for growth among suppliers of pension-related services, particularly those providing investment cost data collation, reporting, and analysis. The framework allows for direct awards or further competition among designated suppliers, offering flexibility in reaching agreement terms. SMEs such as BYHIRAS (Europe) Limited and CEM Benchmarking UK Limited, alongside larger enterprises like CACEIS Bank UK Branch, have been successful in this tender, highlighting possibilities for both growing businesses and established companies in the pension services sector. Suppliers equipped to deliver innovative, cost-efficient solutions with the capacity for comprehensive data handling and transparent cost structures stand to benefit significantly from these agreements.

How relevant is this notice?

Notice Information

Notice Title

A Multi Provider Framework Agreement for the Provision of Benchmarking and Cost Transparency Services

Notice Description

Norfolk County Council (as Administering Authority of the Norfolk Pension Fund), on its own behalf and on behalf of Local Government Pension Scheme Advisory Board (SAB) (a body set up under Section 7 of the Public Service Pensions Act 2013 and The Local Government Pension Scheme Regulations 110-113), Essex County Council (as Administering Authority of the Essex Pension Fund), Lincolnshire County Council (as Administering Authority of the Lincolnshire County Council Pension Fund), Scottish Border Council (as Administering Authority of the Scottish Border Pension Fund), South Yorkshire Pensions Authority, Tameside Metropolitan Borough Council (as Administering Authority of the Great Manchester Pension Fund) and Torfaen County Borough Council (as Administering Authority of the Greater Gwent Pension Fund), has established a multi-lot, multi-provider framework agreement for the provision of Cost Transparency and Benchmarking Services to be available to all LGPS Funds and other bodies as defined in the Find a Tender Contract Notice, to provide national access to high quality efficient and effective services at the best possible price. Scottish Borders Council (as Administering Authority of the Scottish Borders Pension Fund) Old School Building, Newtown St. Boswells, TD6 0SA, pensions@scotborders.gov.uk, www.scottishborderscouncilpensionfund.org will also carried out part of the procurement by assessing tenders and specification writing. Scottish Borders Council are not on the identification register.

Lot Information

Investment Cost Data Collation and Reporting Services Investment Cost Data Analysis and Benchmarking Services

Planning Information

An early market engagement meeting will be taking place on the 13th August 2025 at 11am in London. For further details and to express an interest in attending, please contact claudia.green3@norfolk.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056491
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/058044-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details 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

66520000 - Pension services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
£5,000,000 £1M-£10M
Awards Value
£5,000,000 £1M-£10M
Contracts Value
£5,000,000 £1M-£10M

Notice Dates

Publication Date
19 Jun 20263 months ago
Submission Deadline
6 Feb 2026Expired
Future Notice Date
1 Dec 2025Expired
Award Date
27 Mar 20266 months ago
Contract Period
5 May 2026 - 22 Apr 2030 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Norfolk County Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORWICH
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

Supplier Information

Number of Suppliers
4
Supplier Names

CACEIS BANK UK Branch

BYHIRAS (EUROPE) LIMITED

CEM Benchmarking

CLEARGLASS ANALYTICS LIMITED

Further Information

Notice Documents

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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