Planning

Appointment of Independent Member/Chair of Dyfed Pension Fund Pension Board

CARMARTHENSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

PlanningUpdate

23 Dec 2025 at 16:26

Planning

23 Dec 2025 at 16:07

Summary of the contracting process

Carmarthenshire County Council is initiating a procurement process for the "Appointment of Independent Member/Chair of Dyfed Pension Fund Pension Board". This service procurement, under the planning stage, is primarily focused on the pension and insurance services industry category, with activities planned in the UK region designated as UKL14. The preliminary market engagement is currently seeking feedback on the availability of suitable candidates with expertise in LGPS (Local Government Pension Scheme) and pension governance, with responses due by 16th January 2026. Potential bidders should note the anticipated start date for the contract on 1st April 2026, and it will span a three-year period, with the possibility of extending up to an additional two years.

This tender presents a significant opportunity for businesses involved in pension fund management and investment services to expand their portfolio by contributing to the governance of the Dyfed Pension Fund. Particularly, firms or specialists with qualifications in compliance with the Pensions Regulator Code of Practice 14 and other relevant regulations will find this tender suitable. SMEs capable of delivering comprehensive pension governance services will be especially well-positioned to benefit from the outlined contract terms and engage systematically with the Council, thus enhancing their business growth in the public sector domain.

How relevant is this notice?

Notice Information

Notice Title

Appointment of Independent Member/Chair of Dyfed Pension Fund Pension Board

Notice Description

Carmarthenshire County Council, as administering authority of the Dyfed Pension Fund, seeks market views on the procurement of an Independent Member/Chair for the Pension Board. The Council requires an Independent Member/Chair for the Dyfed Pension Fund Pension Board in accordance with LGPS Governance Regulations 2015. The Board comprises 7 members: 3 Employer Representatives, 3 Scheme Member Representatives, and 1 Independent Member/Chair. Key responsibilities / Scope: - Provide leadership and direction to the Pension Board - Chair quarterly Board meetings and facilitate pre-meetings - Present reports to Pension Committee meetings - Ensure compliance with PSPA 2013, LGPS regulations, and Pensions Regulator Code of Practice 14 - Monitor and coordinate Board member training and knowledge requirements - Represent the Board in Wales Pension Partnership engagement meetings - Oversee Board effectiveness and governance arrangements

Planning Information

The Council seeks market feedback on: Availability: Whether suitable candidates exist in the market with the required specialist LGPS and pension governance expertise.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05fce1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/085976-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

75 - Administration, defence and social security services


CPV Codes

66131100 - Pension investment services

66141000 - Pension fund management services

66500000 - Insurance and pension services

75320000 - Government employee pension schemes

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Dec 20256 days ago
Submission Deadline
Not specified
Future Notice Date
19 Jan 20263 weeks to go
Award Date
Not specified
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CARMARTHENSHIRE COUNTY COUNCIL
Contact Name
Martin S Owens
Contact Email
msowens@carmarthenshire.gov.uk
Contact Phone
01267 224129

Buyer Location

Locality
CARMARTHEN
Postcode
SA31 1JP
Post Town
Swansea
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL42 South West Wales
Delivery Location
TLL14 South West Wales

Local Authority
Carmarthenshire
Electoral Ward
Carmarthen Town North and South
Westminster Constituency
Caerfyrddin

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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