D3 Tenders | Award for provision of specialist pensions advice

Notice Information

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Notice Title

Award for provision of specialist pensions advice - University of Aberdeen

Notice Description

Award for provision of specialist pensions advice - University of Aberdeen

Lot Information

Lot 1

Award for provision of specialist pensions advice - University of Aberdeen

Procurement Information

Under Regulation 33 of the Public Contracts (Scotland) Regulations 2015, a contracting authority may award a contract without prior publication under specific limited circumstances, which include: The absence of competition for technical reasons; or When changing supplier would cause disproportionate technical difficulties. Mercer has acted as the organisation's pension fund advisor previously, during which they have accrued deep institutional knowledge, detailed understanding of legacy fund decisions, actuarial assumptions, long-term funding strategies, employer-specific risk profiles, and historic governance matters Continuity maintains efficiency and prevents duplication of prior analysis. Transitioning pension advisory services to a new provider would require: A full transfer of historic actuarial data, funding models, demographic analysis, and long-term modelling assumptions; Extensive re-familiarisation by a new advisor, significantly increasing risk of misinterpretation, delay, or faulty modelling; Disruption to ongoing reviews, employer contribution setting, triennial valuation processes, and governance cycles.

Notice Details

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Publication & Lifecycle

Open Contracting ID: ocds-r6ebe6-0000827972
Publication Source: Public Contracts Scotland
Latest Notice: https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR552770
Current Stage: Award
All Stages: Award

Procurement Classification

Notice Type: PCS Notice - Website Contract Award Notice
Procurement Type: Standard
Procurement Category: Services
Procurement Method: Limited
Procurement Method Details: Award procedure without prior publication of a call for 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: £100,000 £100K-£500K

Notice Dates

Publication Date: 30 Mar 20265 days ago
Submission Deadline: Not specified
Future Notice Date: Not specified
Award Date: 30 Mar 20265 days 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

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Contracting Authority (Buyer)

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

Buyer Location

Locality: ABERDEEN
Postcode: AB24 3FX
Post Town: Aberdeen
Country: Scotland
Major Region (ITL 1): TLM Scotland
Basic Region (ITL 2): TLM5 North Eastern Scotland
Small Region (ITL 3): TLM50 Aberdeen City and Aberdeenshire
Delivery Location: TLM50 Aberdeen City and Aberdeenshire
Local Authority: Aberdeen City
Electoral Ward: Tillydrone/Seaton/Old Aberdeen
Westminster Constituency: Aberdeen North

Supplier Information

Number of Suppliers: 1
Supplier Name: MERCER

Further Information

Notice Documents

https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR552770
Award for provision of specialist pensions advice - University of Aberdeen - Award for provision of specialist pensions advice - University of Aberdeen

Notice URLs

Open Contracting Data Standard (OCDS)

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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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