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Scottish Enterprise Pension Advice

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

02 Aug 2022 at 01:00

OJEU - F3 - Contract Award Notice
Tender

07 Feb 2022 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The Scottish Enterprise is currently in the award stage of the procurement process for the contract titled "Scottish Enterprise Pension Advice." This tender falls under the services category and is located in Glasgow, UK. The procurement method employed is the open procedure, with an initial contract period running from 1st August 2022 to 31st July 2027. The contract, valued at £305,000, was signed on 15th June 2022, offering accounting, actuarial, and pension advice, independent of the Trustees' adviser.

This tender presents significant opportunities for businesses specialising in financial services, particularly in accounting and actuarial advisory roles. Firms with expertise in pension and benefits consultancy are well-suited to compete, especially those capable of providing quality pension support and staff communication services over a five-year contract period. The open nature of the procurement process means that both large organizations and experienced small and medium-sized enterprises may consider submitting a tender for this enticing opportunity.

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Notice Information

Notice Title

Scottish Enterprise Pension Advice

Notice Description

Scottish Enterprise (SE) would like to invite tenders for the provision of accounting advice, actuarial advice and pension and benefits advice to the organisation which is independent of the Trustees' adviser, for a period of 5 years from 1st August 2022 to 31st July 2027. The Scottish Enterprise Pension and Life Assurance Scheme (SEPLAS) "the scheme", has it's own actuaries and advisers in place. The tender will be carried out through the Open process

Lot Information

Lot 1

Scottish Enterprise (SE) would like to invite tenders for the provision of accounting advice, actuarial advice and pension and benefits advice to the organisation which is independent of the Trustees' adviser (The SE Pension and Life Assurance Scheme (the Scheme) has its own Actuaries' and Advisers) for the period from 1st August 2022 to 31st July 2027. We intend to appoint a single supplier to provide this service. Scottish Enterprise will require the following services within the the scope of this contract: - Accounting advice and information - Pension and benefits support - Actuarial advice - Staff communications There will also be a degree of ad hoc work required, however the level of this cannot be determined or guaranteed. We plan to put a contract in place for a total of five years due to the timings of the next two 3-yearly valuations which will take place under this contract.. See attached ITT for full details

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000680234
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG455213
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

66500000 - Insurance and pension services

66520000 - Pension services

Notice Value(s)

Tender Value
£305,000 £100K-£500K
Lots Value
£305,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£305,000 £100K-£500K

Notice Dates

Publication Date
2 Aug 20224 years ago
Submission Deadline
10 Mar 2022Expired
Future Notice Date
Not specified
Award Date
15 Jun 20224 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

Scottish Government

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

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

Isio

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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