Tender

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

CARMARTHENSHIRE COUNTY COUNCIL

This public procurement record has 3 releases in its history.

Tender

23 Jan 2026 at 13:50

PlanningUpdate

23 Dec 2025 at 16:26

Planning

23 Dec 2025 at 16:07

Summary of the contracting process

Carmarthenshire County Council is currently in the tender stage for the appointment of an Independent Member/Chair for the Dyfed Pension Fund Pension Board. This opportunity is categorised under services within the pension and investment industry. The Council is based in Carmarthen, United Kingdom, specifically in the UKL14 region. The tender is conducted under an open procedure with a procurement method described as "Below threshold - open competition." The tender process requires interested parties to submit their proposals by 18 February 2026, with an enquiry period ending on 12 February 2026. This role is crucial for ensuring governance and investment management integrity, as detailed in the LGPS Governance Regulations 2015. The contract value is set at £75,000 with a gross value of £90,000, and extends over a three-year period starting on 1 April 2026, with options for a 24-month renewal.

This tender offers a significant business opportunity for those specialising in pension management, financial consulting, or related consultancy services, particularly those with experience in local government pension schemes. It is ideal for businesses or self-employed experts with strong financial and investment practice either as Pension Fund Trustees or in managing pension funds. The role not only requires expertise in pension investment services but also provides a platform to influence governance and operational efficiency within the public sector. Moreover, it supports small and medium-sized enterprises (SMEs) by stating suitability, allowing them to contribute to regional governance and expand their service offerings within public sector frameworks.

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Notice Title

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

Notice Description

Carmarthenshire County Council as the Administering Authority of the Dyfed Pension Fund is looking to appoint an Independent Member / Chair for the Pension Board, in line with the LGPS Governance Regulations 2015. The Board consists of 7 members: 3 Employer Representatives, 3 Scheme Member Representatives and 1 Independent Member who also acts as Chair. The Independent Chair of the Dyfed Pension Board must be engaged directly by the bidding organisation or as a self-employed individual to ensure clear accountability, independence and reliable delivery. This is a very specialised role, and applicants should have significant financial awareness and investment practice either as a Pension Fund Trustee or in the running of pension funds, preferably within the Local Government Pension Scheme. Further details is provided within the tender pack.

Lot Information

Lot 1

Renewal: There is an option to extend this contract for a further period of up to 24 months, subject to available budget, satisfactory performance and agreement by both parties.

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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05fce1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006215-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
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

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


CPV Codes

66131100 - Pension investment services

66141000 - Pension fund management services

66500000 - Insurance and pension services

75110000 - General public services

75320000 - Government employee pension schemes

79112100 - Stakeholders representation services

79400000 - Business and management consultancy and related services

Notice Value(s)

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

Notice Dates

Publication Date
23 Jan 20261 months ago
Submission Deadline
18 Feb 2026Expired
Future Notice Date
19 Jan 2026Expired
Award Date
Not specified
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CARMARTHENSHIRE COUNTY COUNCIL
Contact Name
Hayley Davies
Contact Email
haldavies@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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