Notice Information
Notice Title
SE Pension Scheme - Administrative, Actuarial and Ancillary Services (LOT1) and Investment Consulting Services (LOT2)
Notice Description
The purpose of this Invitation to Tender is to appoint one supplier to each of 2 Lots. The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Ancillary Services (LOT 1) and Investment Consulting Services (LOT 2) for the period of 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months. - LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services o Actuarial, including Scheme Actuary o Pension Administration o Scheme Accounting o General Consulting o Governance o Scheme Communications - LOT 2 - Pensions - Investment Consulting Service o Investment Consulting Interested parties may tender for either or both of the lots, however an individual submissions is required for each lot.
Lot Information
LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services
The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Ancillary Services (LOT 1) for the period of 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months to 31 March 2025. This lot specifically covers the following services: o Actuarial, including Scheme Actuary o Pension Administration o Scheme Accounting o General Consulting o Governance o Scheme Communications
Renewal: Contract period of 36 months from 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months to 31 March 2025.
LOT 2 - Pensions - Investment Consulting ServiceThe Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Investment Consulting Services (LOT 2) for the period of 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months to 31 March 2025. This lot specifically covers the following services: o Investment Consulting
Renewal: Contract period of 36 months from 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months to 31 March 2025.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000629558
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC403243
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- OJEU - F3 - Contract Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66131100 - Pension investment services
66141000 - Pension fund management services
66520000 - Pension services
66522000 - Group pension services
66523000 - Pension fund consultancy services
66523100 - Pension fund administration services
Notice Value(s)
- Tender Value
- £2,650,000 £1M-£10M
- Lots Value
- £2,650,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £2,094,220 £1M-£10M
Notice Dates
- Publication Date
- 21 Dec 20205 years ago
- Submission Deadline
- 26 Oct 2020Expired
- Future Notice Date
- Not specified
- Award Date
- 4 Dec 20205 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- SCOTTISH ENTERPRISE
- Additional Buyers
- Contact Name
- Not specified
- Contact Email
- gordon.hutton@scotent.co.uk, r100pmo@gov.scot, spoeprocurement@scotland.gsi.gov.uk
- Contact Phone
- +44 1412425466, +44 1414686024
Buyer Location
- Locality
- GLASGOW
- Postcode
- G2 6HQ
- Post Town
- Glasgow
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM1 East Central Scotland
- Small Region (ITL 3)
- TLM13 City of Edinburgh
- Delivery Location
- TLM Scotland
-
- Local Authority
- City of Edinburgh
- Electoral Ward
- Sighthill/Gorgie
- Westminster Constituency
- Edinburgh South West
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=8
17th September 2020 - Specification Annex F - Accounts to 31st March 2020 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=9
17th September 2020 - Specification Annex G - Member Booklet (2020) -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=10
17th September 2020 - Specification Annex H - AVS SOC 31 March 2017 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=11
17th September 2020 - Specification Annex I - AVR 31 March 2017 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=3
17th September 2020 - Specification Annex A - LOT 1 Additional Scope of Services Information -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=4
17th September 2020 - Specification Annex B - IID 2019 (WIP) -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=5
17th September 2020 - Specification Annex C - Pensions Update 2019 (includes AVR SFS 31 March 2017) -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=6
17th September 2020 - Specification Annex D - AVR 31 March 2017 SFP -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=7
17th September 2020 - Specification Annex E - SIP August 2019 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=2
17th September 2020 - Appendix 10 - Supplier as a Controller & Processor, Risks & Mitigations -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP395006&idx=1
17th September 2020 - P21-0025 - Invitation to Tender -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP395006
SE Pension Scheme - Administrative, Actuarial and Ancillary Services (LOT1) and Investment Consulting Services (LOT2) - The purpose of this Invitation to Tender is to appoint one supplier to each of 2 Lots. The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Ancillary Services (LOT 1) and Investment Consulting Services (LOT 2) for the period of 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months. - LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services o Actuarial, including Scheme Actuary o Pension Administration o Scheme Accounting o General Consulting o Governance o Scheme Communications - LOT 2 - Pensions - Investment Consulting Service o Investment Consulting Interested parties may tender for either or both of the lots, however an individual submissions is required for each lot. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC403243
SE Pension Scheme - Administrative, Actuarial and Ancillary Services (LOT1) and Investment Consulting Services (LOT2) - The purpose of this Invitation to Tender is to appoint one supplier to each of 2 Lots. The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Ancillary Services (LOT 1) and Investment Consulting Services (LOT 2) for the period of 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months. - LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services o Actuarial, including Scheme Actuary o Pension Administration o Scheme Accounting o General Consulting o Governance o Scheme Communications - LOT 2 - Pensions - Investment Consulting Service o Investment Consulting Interested parties may tender for either or both of the lots, however an individual submissions is required for each lot.
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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"performanceTerms": "LOT 1 & 2 Q4D1.2a- The bidder must have the following: A documented policy regarding quality management. The policy must set out responsibilities for quality management demonstrating that the bidder has, and continues to implement, a quality management policy that is authorised by their Chief Executive, or equivalent, which is periodically reviewed at a senior management level. The policy must be relevant to the nature and scale of the work to be undertaken and set out responsibilities for quality management throughout the organisation. Q4D1.2b. The bidder must have the following: Documented procedures for periodically reviewing, correcting and improving quality performance including processes for ensuring that the bidder's quality management is effective in reducing/preventing incidents of sub-standard delivery. This must include the quality of output and general performance."
},
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"type": "suitability",
"description": "Q4A1 LOT 1 - The bidder is required to be a member of the Institute and Faculty of Actuaries -- or equivalent and is required to be registered with the Information Commissioners Office or equivalent. LOT 2 - The bidder is required to be registered with the Financial Conduct Authority or equivalent."
},
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"type": "economic",
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},
{
"type": "technical",
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}
]
},
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"bidValidityPeriod": {
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"id": "66141000",
"scheme": "CPV"
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"reviewDetails": "In the first instance, contact the Senior Director of Facilities Management and Procurement at Scottish Enterprise, with any concerns or enquiries. Email: https://www.scottish-enterprise.com/help/contact-us. An economic operator that suffers, or risks suffering, loss or damage attributable to a breach of duty under the Public Contracts (Scotland) Regulations 2015, may bring proceedings that will be started in the High Court.",
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"legalBasis": {
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"scheme": "CELEX"
}
},
"language": "EN",
"description": "(SC Ref:638181)",
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"awards": [
{
"id": "P21-0025-1",
"title": "LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services",
"suppliers": [
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"id": "org-74",
"name": "Hymans Robertson LLP"
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{
"id": "P21-0025-2",
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"title": "LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services",
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"currency": "GBP"
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"dateSigned": "2020-12-04T00:00:00Z"
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