---
title: "Benchmarking of LGPS Administration"
ocid: "ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "WIRRAL BOROUGH COUNCIL"
published: "2021-07-29"
---

# Benchmarking of LGPS Administration

Buyer: WIRRAL BOROUGH COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb

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## Summary

The procurement process initiated by Wirral Borough Council involves the tender titled "Benchmarking of LGPS Administration", focused on pension investment services within the United Kingdom. This contract aims to provide an independent assessment of the service quality and cost-effectiveness of the Local Government Pension Scheme, which is administered locally by the council for the Merseyside Pension Fund. The tender was published on 29th July 2021 and will remain open until the submission deadline on 1st September 2021. Contract execution is scheduled to commence on 6th September 2021 and run through until 5th September 2026, with an estimated value of £95,000.

This tender presents significant opportunities for businesses, particularly those engaged in consultancy and financial services related to pension schemes. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSE) are encouraged to participate, as the procurement method allows for an open procedure that promotes competition. Companies that can demonstrate expertise in benchmarking, cost-effectiveness analysis, and service quality assessments in the public sector will be particularly well-suited to compete for this contract, enabling them to grow through valuable public sector collaboration.

## Notice

The Local Government Pension Scheme (LGPS) is a national scheme administered on a local basis by Wirral Council as administering authority of Merseyside Pension Fund (MPF), providing current and future benefits for over 140,000 scheme members. Using an inhouse administration model, the Fund is required to demonstrate 'value-for-money' to its many stakeholders. The scope of this contract is to provide an independent assessment of service quality and cost-effectiveness. INFORMATION For the tender opportunity, all documentation, expressions of interest, questions and submissions please visit Th Chest portal at http://www.the-chest.org.uk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1c6ba324-dea3-4675-a0ab-2d36f9d1d8c9 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Jul 2021 |
| Submission deadline | 1 Sep 2021 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 5 Sep 2021 - 5 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £95,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WIRRAL BOROUGH COUNCIL |
| Locality | BIRKENHEAD |
| Post town | Chester |
| Postcode | CH41 5AL |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD74 Wirral |
| Local authority | Wirral |
| Electoral ward | Birkenhead and Tranmere |
| Westminster constituency | Birkenhead |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services

## Release History

- 29 Jul 2021 at 13:18 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1c6ba324-dea3-4675-a0ab-2d36f9d1d8c9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1c6ba324-dea3-4675-a0ab-2d36f9d1d8c9
  29th July 2021 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.the-chest.org.uk
- http://www.wirral.gov.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-00418a15-ec52-4aab-851c-4c71a43b6beb.json.