Planning

Provision of Independent Financial Advice for Staff

UNIVERSITY OF STRATHCLYDE

This public procurement record has 1 release in its history.

Summary of the contracting process

The University of Strathclyde, located in Glasgow, is in the Planning stage for its tender titled "Provision of Independent Financial Advice for Staff." This procurement process concerns the Education sector and involves staff transferring from the Strathclyde Pension Fund to the University Superannuation Scheme. The university seeks suppliers to provide individual financial advice sessions lasting up to 45 minutes to affected staff members. Expression of interest must be submitted promptly, as the staff must confirm their intention to attend by 1 April 2025, and the appointments will take place before 1 May 2025.

This tender presents significant opportunities for businesses specialising in financial advisory services, particularly those adept at handling diverse client groups with varying levels of pension knowledge and financial savviness. Suppliers who can offer both face-to-face and online sessions, and provide flexible booking systems, will find this contract beneficial for growth. Advisors suited to this tender should be well-qualified and experienced in delivering clear, tailored financial advice to a wide variety of staff, offering crucial support during a period of pension transition. Successful bidders will need to demonstrate availability for numerous appointments within the specified time frame.

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

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of Independent Financial Advice for Staff

Notice Description

The University of Strathclyde is about to embark on a pension harmonisation process which will involve circa 1300 staff transferring from Strathclyde Pension Fund (SPF) into the University Superannuation Scheme (USS). To support this transfer, the University is offering all affected staff the opportunity of a session of up to 45 minutes (preferably in person on the University Campus) with an Independent Financial Adviser. Whilst the offer of a 45-minute financial advice appointment will be made to all 1300 affected staff, it is anticipated that only a portion of those staff will seek this advice. The University, therefore seeks expressions of interest from suppliers able to offer these services.

Lot Information

Lot 1

Please refer to the previous for an overview of the requirement. Additional information is outlined below Whilst the offer of a 45-minute financial advice appointment will be made to all 1300 affected staff, it is anticipated that only a portion of those staff will seek this advice. Most of these staff are current members of the Strathclyde Pension Fund, and there are some who are not members of any pension scheme. The staff grouping comprises of various staff categories such as operational staff, trades staff (such as joiners, plumbers etc), technicians, library staff, and professional services staff. There is a wide spectrum of pension knowledge and overall financial understanding. In addition, there is a very wide range of length of pension membership and salary points. It is important to note that there is a significant proportion of this group of staff who do not use computers on a regular basis, may not access their work email account and may need support to access an online appointment. We wish to offer a financial advice appointment that is accessible, tailored, and useful for all staff, regardless of their role, financial awareness, or technology access. Staff who wish to access the service will be asked to confirm this by 1 April 2025, and meetings must take place before 1 May 2025; therefore, expressions of interest should only be noted by suppliers who can offer availability for a significant number of appointments prior to 1 May 2025. A full scope of service will be provided to those who are contacted for further engagement following receipt of their EOI. A high level overview of the service is noted below Suppliers must provide an user-friendly booking approach that allows staff to schedule their appointment together with provision for HR and Pension staff to support staff in scheduling appointments were required. Face to Face and online meeting availability to support staff as required with advisors who are trained to communicate with a diverse group of staff members, respecting different educational backgrounds and knowledge levels. The financial advice should be clear and straightforward and tailored to the individual. Advisers must be suitably qualified and experienced to offer advice.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000793322
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR526085
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
PCS Notice - Website Prior Information Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Mar 202511 months ago
Submission Deadline
Not specified
Future Notice Date
27 Mar 2025Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF STRATHCLYDE
Contact Name
Magnus Tuck - Procurement Co-Ordinator
Contact Email
magnus.tuck@strath.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
GLASGOW
Postcode
G1 1XU
Post Town
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
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North East

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR526085
    Provision of Independent Financial Advice for Staff - The University of Strathclyde is about to embark on a pension harmonisation process which will involve circa 1300 staff transferring from Strathclyde Pension Fund (SPF) into the University Superannuation Scheme (USS). To support this transfer, the University is offering all affected staff the opportunity of a session of up to 45 minutes (preferably in person on the University Campus) with an Independent Financial Adviser. Whilst the offer of a 45-minute financial advice appointment will be made to all 1300 affected staff, it is anticipated that only a portion of those staff will seek this advice. The University, therefore seeks expressions of interest from suppliers able to offer these services.

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-r6ebe6-0000793322-2025-03-17T00:00:00Z",
    "date": "2025-03-17T00:00:00Z",
    "ocid": "ocds-r6ebe6-0000793322",
    "initiationType": "tender",
    "parties": [
        {
            "id": "org-2",
            "name": "University of Strathclyde",
            "identifier": {
                "legalName": "University of Strathclyde"
            },
            "address": {
                "streetAddress": "Learning & Teaching Building,",
                "locality": "Glasgow",
                "region": "UKM82",
                "postalCode": "G1 1XU"
            },
            "contactPoint": {
                "name": "Magnus Tuck - Procurement Co-Ordinator",
                "email": "magnus.tuck@strath.ac.uk",
                "url": "http://"
            },
            "roles": [
                "buyer",
                "centralPurchasingBody"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "Body governed by public law",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "09",
                        "description": "Education",
                        "scheme": "COFOG"
                    }
                ],
                "url": "http://www.strath.ac.uk/"
            }
        }
    ],
    "buyer": {
        "name": "University of Strathclyde",
        "id": "org-2"
    },
    "planning": {
        "documents": [
            {
                "id": "MAR526085",
                "documentType": "plannedProcurementNotice",
                "title": "Provision of Independent Financial Advice for Staff",
                "description": "The University of Strathclyde is about to embark on a pension harmonisation process which will involve circa 1300 staff transferring from Strathclyde Pension Fund (SPF) into the University Superannuation Scheme (USS). To support this transfer, the University is offering all affected staff the opportunity of a session of up to 45 minutes (preferably in person on the University Campus) with an Independent Financial Adviser. Whilst the offer of a 45-minute financial advice appointment will be made to all 1300 affected staff, it is anticipated that only a portion of those staff will seek this advice. The University, therefore seeks expressions of interest from suppliers able to offer these services.",
                "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR526085",
                "format": "text/html"
            }
        ]
    },
    "tender": {
        "id": "ocds-r6ebe6-0000793322",
        "title": "Provision of Independent Financial Advice for Staff",
        "description": "The University of Strathclyde is about to embark on a pension harmonisation process which will involve circa 1300 staff transferring from Strathclyde Pension Fund (SPF) into the University Superannuation Scheme (USS). To support this transfer, the University is offering all affected staff the opportunity of a session of up to 45 minutes (preferably in person on the University Campus) with an Independent Financial Adviser. Whilst the offer of a 45-minute financial advice appointment will be made to all 1300 affected staff, it is anticipated that only a portion of those staff will seek this advice. The University, therefore seeks expressions of interest from suppliers able to offer these services.",
        "status": "planned",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "id": "66170000",
                        "scheme": "CPV"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKM82"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amount": 45000,
            "currency": "GBP"
        },
        "mainProcurementCategory": "services",
        "lots": [
            {
                "id": "1",
                "description": "Please refer to the previous for an overview of the requirement. Additional information is outlined below Whilst the offer of a 45-minute financial advice appointment will be made to all 1300 affected staff, it is anticipated that only a portion of those staff will seek this advice. Most of these staff are current members of the Strathclyde Pension Fund, and there are some who are not members of any pension scheme. The staff grouping comprises of various staff categories such as operational staff, trades staff (such as joiners, plumbers etc), technicians, library staff, and professional services staff. There is a wide spectrum of pension knowledge and overall financial understanding. In addition, there is a very wide range of length of pension membership and salary points. It is important to note that there is a significant proportion of this group of staff who do not use computers on a regular basis, may not access their work email account and may need support to access an online appointment. We wish to offer a financial advice appointment that is accessible, tailored, and useful for all staff, regardless of their role, financial awareness, or technology access. Staff who wish to access the service will be asked to confirm this by 1 April 2025, and meetings must take place before 1 May 2025; therefore, expressions of interest should only be noted by suppliers who can offer availability for a significant number of appointments prior to 1 May 2025. A full scope of service will be provided to those who are contacted for further engagement following receipt of their EOI. A high level overview of the service is noted below Suppliers must provide an user-friendly booking approach that allows staff to schedule their appointment together with provision for HR and Pension staff to support staff in scheduling appointments were required. Face to Face and online meeting availability to support staff as required with advisors who are trained to communicate with a diverse group of staff members, respecting different educational backgrounds and knowledge levels. The financial advice should be clear and straightforward and tailored to the individual. Advisers must be suitably qualified and experienced to offer advice.",
                "status": "planned"
            }
        ],
        "communication": {
            "futureNoticeDate": "2025-03-27T00:00:00Z"
        },
        "classification": {
            "id": "66170000",
            "scheme": "CPV"
        }
    },
    "language": "EN",
    "description": "The University shall only consider expressions of interest from parties who are able to confirm the availability of advisers within the time periods outlined in this notice. Suppliers should note that due to timescales, one of more contracts may be put in place to accommodate demand. NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=793322. (SC Ref:793322)",
    "links": [
        {
            "rel": "canonical",
            "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000793322"
        }
    ],
    "noticetype": "PCS Notice - Website Prior Information Notice"
}