Tender

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

CARMARTHENSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

23 Jan 2026 at 14:48

Summary of the contracting process

Carmarthenshire County Council is inviting tenders for the role of Independent Member / Chair of the Dyfed Pension Fund Pension Board. This opportunity, classified under the industry category of pension investment and management services, is specifically designed for individuals or organisations with advanced financial management skills and pension fund management experience, ideally within a Local Government Pension Scheme context. The tender follows an open procurement process, allowing for electronic submissions via the eTenderwales portal until the deadline on 18 February 2026. The contract is slated to commence on 1 April 2026 and will run until 31 March 2029, with the possibility of a 24-month extension subject to performance and budget. The location of the service delivery is within the region of Carmarthen, UK.

This tender presents significant business growth opportunities, particularly for firms and individuals specialising in pension fund management, investment services, and related consultancy. The contract, valued up to £90,000 gross, will suit businesses with a proven track record in delivering independent and high-quality pension management services. Such expertise will be critical to meeting the selection criteria, which heavily weights on quality and price. Small and medium-sized enterprises (SMEs) are encouraged to participate, providing a robust platform for those looking to expand their portfolio within public sector pension scheme management. The open nature of the procurement process ensures a competitive environment that could lead to scalable opportunities for business growth.

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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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-060d8a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006273-2026
Current Stage
Tender
All Stages
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
Not specified
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
Not specified

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

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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