Provision of Benchmarking Services for Strathclyde Pension Fund

Notice Information

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Notice Title

Notice Description

The Council as administering authority for Strathclyde Pension Fund had a requirement to undertake a Negotiated Procedure under Standing Order 8 of the Council's Standing Orders for the provision of a Benchmarking Service in respect of the Strathclyde Pension Fund to ensure that the fund can evolve in response to regulatory changes and to reflect changing member needs and expectations as well as ensuring that the fund is fit for purpose, cost effective and value for money for its stakeholders.

Lot Information

Lot 1

Award of Contract without prior publication of a call for competition. The Council as administering authority for Strathclyde Pension Fund had a requirement to undertake a Negotiated Procedure under Standing Order 8 of the Council's Standing Orders for the provision of a Benchmarking Service in respect of the Strathclyde Pension Fund to ensure that the fund can evolve in response to regulatory changes and to reflect changing member needs and expectations as well as ensuring that the fund is fit for purpose, cost effective and value for money for its stakeholders.

Procurement Information

Regulation 6(1)(b) of The Procurement (Scotland) Regulations 2016 permits a contracting authority to award a public contract without seeking offers where the services can be supplied only by a particular economic operator and where competition is absent for technical reasons. In this case, Strathclyde Pension Fund has demonstrated that CEM Benchmarking UK Ltd is the sole provider capable of delivering the required benchmarking services. CEM holds exclusive access to the specific comparative datasets necessary to benchmark Strathclyde Pension Fund against relevant LGPS and wider public-sector bodies. This dataset is not available to any other benchmarking provider, meaning no alternative supplier can deliver an equivalent service.

Notice Details

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Publication & Lifecycle

Open Contracting ID: ocds-r6ebe6-0000831732
Publication Source: Public Contracts Scotland
Latest Notice: https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN557375
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: SME

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: £70,000 Under £100K

Notice Dates

Publication Date: 5 Jun 20262 weeks ago
Submission Deadline: Not specified
Future Notice Date: Not specified
Award Date: 12 May 20261 months 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: GLASGOW CITY 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: GLASGOW
Postcode: G2 1DU
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

Supplier Information

Number of Suppliers: 1
Supplier Name: CEM BENCHMARKING

Further Information

Notice Documents

https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN557375
Provision of Benchmarking Services for Strathclyde Pension Fund - The Council as administering authority for Strathclyde Pension Fund had a requirement to undertake a Negotiated Procedure under Standing Order 8 of the Council's Standing Orders for the provision of a Benchmarking Service in respect of the Strathclyde Pension Fund to ensure that the fund can evolve in response to regulatory changes and to reflect changing member needs and expectations as well as ensuring that the fund is fit for purpose, cost effective and value for money for its stakeholders.

Notice URLs

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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