This public procurement record has 2 releases in its history.

Tender

24 Jul 2026 at 14:09

Planning

09 Jun 2026 at 08:49

Summary of the contracting process

Powys County Council, in collaboration with Carmarthenshire County Council, has initiated an open tender process for the position of an Independent Member/Chair of the Dyfed and Powys Pension Funds. This procurement, listed under the industry category of pension investment and management services, is active and organised by Powys County Council, a sub-central government authority in the United Kingdom, with the tender closing on 31st August 2026. Interested parties can submit their tenders electronically through the eTenderWales platform, with the deadline for enquiries set for 24th August 2026. The geographical delivery includes regions UKL14 and UKL24, placing this opportunity primarily in South-West and Mid Wales.

This tender not only offers specialists in pension fund management a significant opportunity for business growth but also positions service providers to deliver expert consultancy and stakeholder representation services. With a gross contract value of up to £170,000 and a structured evaluation based on 70% technical/quality and 30% cost/price, this invitation is particularly appealing to SMEs with a keen interest in governmental pension schemes. Moreover, the potential to extend the contract up to five years, subject to satisfactory performance and continued funding, presents an ideal platform for businesses aiming to deepen their expertise and influence within the public sector pension management industry.

How relevant is this notice?

Notice Title

Independent Member / Chair of the Dyfed Pension Fund and/or Powys Pension Fund

Notice Description

Carmarthenshire County Council and Powys County Council (the 'Councils') are unitary local authorities in South-West/Mid Wales and as the administering authorities of the Dyfed Pension Fund and Powys Pension Fund respectively, are both seeking an Independent Member / Chair for their separate Pension Boards.

Lot Information

Carmarthenshire County Council

Independent Member / Chair of the Dyfed Pension Fund

Renewal: The contract will be let for an initial period of three (3) years, with the option to extend for a further period of up to two (2) years. Any extension will be at the sole discretion of the Contracting Authority and will be subject to: -satisfactory performance, including achievement of agreed KPIs; -continued availability of funding and approval; -the ongoing requirement for the services; and -no material changes to the scope or value that would require a new procurement exercise. The Contracting Authority may exercise the extension in whole or in part (e.g. in annual increments), by providing written notice to the contractor in advance of the contract expiry date.

Powys County Council

Independent Member / Chair of the Powys Pension Fund

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b076
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/070394-2026
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
£135,000 £100K-£500K
Lots Value
£135,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20261 weeks ago
Submission Deadline
31 Aug 20264 weeks to go
Future Notice Date
1 Jul 2026Expired
Award Date
Not specified
Contract Period
30 Sep 2026 - 30 Sep 2030 4-5 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
POWYS COUNTY COUNCIL
Additional Buyers

CARMARTHENSHIRE COUNTY COUNCIL

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LLANDRINDOD WELLS
Postcode
LD1 5LG
Post Town
Llandrindod Wells
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, TLL24 Powys

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

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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