Award

Pension Advice 2024-25

UNIVERSITY OF EXETER

This public procurement record has 1 release in its history.

Award

31 Mar 2026 at 09:46

UK7 - Contract Details Notice
Summary of the contracting process

The University of Exeter, a public authority sub-central government entity, concluded a procurement process for "Pension Advice 2024-25" focused on services within the pension fund consultancy sector. The procurement method was direct and conducted below the threshold without competition. The process, initiated as a tender, has reached the award and contract stages, with the award being active as of 31st March 2026. The contract began on 25th March 2025 and will conclude on 31st July 2025. This initiative pertains to providing pension advice related to ERBS valuation and strategy, located at the University's Exeter address (EX4 4QJ, United Kingdom).

This contract represents a significant business growth opportunity, specifically for firms specialising in pension consultancy services. Although the procurement did not involve open competition due to its direct method, Mercer Limited, a large-scale supplier based in London, successfully secured the contract. Businesses with expertise in providing strategic pension guidance and consultancy that aligns with the educational sector's specific needs would be well-suited to pursue similar opportunities, even when direct procurement methods are applied. With a contract value of GBP 50,000, engaging in such partnerships can enhance a firm's market reputation and expand their portfolio within the public sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Information

Notice Title

Pension Advice 2024-25

Notice Description

Pension advice for the University in relation to ERBS valuation and strategy.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0678b5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029491-2026
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
Large

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
£50,000 Under £100K

Notice Dates

Publication Date
31 Mar 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Mar 20251 years ago
Contract Period
25 Mar 2025 - 31 Jul 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EXETER
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EXETER
Postcode
EX4 4QJ
Post Town
Exeter
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
Not specified
Local Authority
Exeter
Electoral Ward
Duryard and St James
Westminster Constituency
Exeter

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-0678b5-2026-03-31T10:46:07+01:00",
    "date": "2026-03-31T10:46:07+01:00",
    "ocid": "ocds-h6vhtk-0678b5",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-COH-RC000653",
            "name": "UNIVERSITY OF EXETER",
            "identifier": {
                "scheme": "GB-COH",
                "id": "RC000653"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PZYG-2396-XCRZ"
                }
            ],
            "address": {
                "streetAddress": "Northcote House, Queens Drive",
                "locality": "Exeter",
                "postalCode": "EX4 4QJ",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKK43"
            },
            "contactPoint": {
                "email": "procurement@exeter.ac.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.exeter.ac.uk",
                "classifications": [
                    {
                        "id": "publicAuthoritySubCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-00984275",
            "name": "MERCER LIMITED",
            "identifier": {
                "scheme": "GB-COH",
                "id": "00984275"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PCZX-4442-DMXV"
                }
            ],
            "address": {
                "streetAddress": "1 Tower Place West",
                "locality": "London",
                "postalCode": "EC3R 5BU",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "email": "publicsectorwealth@mercer.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "https://www.mercer.com/",
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-COH-RC000653",
        "name": "UNIVERSITY OF EXETER"
    },
    "tender": {
        "id": "ocds-h6vhtk-0678b5",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Pension Advice 2024-25",
        "description": "Pension advice for the University in relation to ERBS valuation and strategy.",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Below threshold - without competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "services",
            "suppliers": [
                {
                    "id": "GB-COH-00984275",
                    "name": "MERCER LIMITED"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "66523000",
                            "description": "Pension fund consultancy services"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "status": "active",
            "period": {
                "startDate": "2025-03-25T00:00:00Z",
                "endDate": "2025-07-31T23:59:59+01:00"
            },
            "value": {
                "amountGross": 60000,
                "amount": 50000,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2025-03-24T00:00:00Z",
            "documents": [
                {
                    "id": "029491-2026",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/029491-2026",
                    "datePublished": "2026-03-31T10:46:07+01:00",
                    "format": "text/html"
                }
            ]
        }
    ],
    "language": "en"
}