Award

Independent Advisory Services for Bedfordshire Pension Fund

BEDFORD BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

30 Jul 2025 at 14:36

Summary of the contracting process

Bedford Borough Council has successfully completed the procurement process for "Independent Advisory Services for Bedfordshire Pension Fund". This public authority, based in Bedford, UK, targeted the procurement towards pension fund consultancy services. The procurement, conducted through a direct method below the threshold without competition, has reached the award and contract stages. The contract was signed on 30th July 2025, to commence on 1st September 2025 and conclude on 31st August 2026, with an awarded value of £27,000. Key locations involved include Bedford within the UKH24 region. The process is classified under services in the industry category.

The tender offers business growth opportunities for small and medium-sized enterprises, especially those specialising in financial consultancy services, as evidenced by the successful award to an SME, Elizabeth Carey, CFA, based in London. Companies with expertise in pension fund consultancy stand to benefit significantly from such opportunities. This procurement demonstrates a niche demand that consulting firms could leverage to expand their portfolios in the public sector, particularly in advisory services rendered to pension funds. The direct procurement method underscores the need for specific expertise or relationships within this sector.

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Notice Title

Independent Advisory Services for Bedfordshire Pension Fund

Notice Description

Waiver - Product Reasons - Independent Advisory Services for Bedfordshire Pension Fund

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056959
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/044386-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£27,000 Under £100K

Notice Dates

Publication Date
30 Jul 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Jul 20256 months ago
Contract Period
31 Aug 2025 - 31 Aug 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BEDFORD BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
commercial.hub@bedford.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BEDFORD
Postcode
MK42 9AP
Post Town
Milton Keynes
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH24 Bedford
Delivery Location
Not specified

Local Authority
Bedford
Electoral Ward
Cauldwell
Westminster Constituency
Bedford

Supplier Information

Number of Suppliers
1
Supplier Name

ELIZABETH CAREY, CFA

Further Information

Notice Documents

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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