--- title: "Independent Governance & Administration Advisor (IGAA)" ocid: "ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63.json" source: "Contracts Finder" current_stage: "Award" buyer: "ESSEX COUNTY COUNCIL" published: "2019-01-29" --- # Independent Governance & Administration Advisor (IGAA) Buyer: ESSEX COUNTY COUNCIL Current stage: Award OCID: ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63.json) ## Summary Essex County Council has completed a procurement process for the Independent Governance & Administration Advisor (IGAA) contract, designated under the National LGPS Framework for Actuarial, Benefit and Governance Consultancy Services. This tender aimed to secure expert advisory services for the Essex Pension Fund, falling within the pension services category (CPV 66520000). The contract, valued at £228,500, was awarded to AON PLC and is set to run from 3rd December 2018 to 2nd December 2025. Key engagements for potential suppliers included participation in various governance meetings and providing compliance guidance, with the procurement being conducted through a selective method via a framework agreement. This tender presents significant opportunities for businesses specialising in governance and advisory services, particularly those with experience in public sector pension administration. Companies that can deliver comprehensive training and develop robust governance systems will be particularly competitive. As the contract secures essential services for the pension fund, firms offering regulatory compliance and best practice consultancy are well-suited to explore future opportunities within this framework, as the emphasis on effective governance and administration in local government schemes continues to grow. ## Notice Essex County Council have appointed a provider to provide Independent Governance & Administration Advisory services to the Essex Pension Fund under the National LGPS Framework for Actuarial, Benefit and Governance Consultancy Services Reference number - NCCT40954. This notice contains an estimated value over the life of the contract based on the schedule of rates tendered by the successful supplier. This contract will provide services relating to the proper governance of a Local Government Pension Scheme including: 1. Preparation for, attendance at and participation in, meetings of the Essex Pension Fund Strategy Board, Essex Pension Fund Advisory Board and other meetings with Board Members and Fund officers; 2. Guidance on the proper governance and administration of the Fund; 3. Advice on best practice and compliance with requirement under relevant guidance, legislation and regulations; 4. Preparation and delivery of training and/or presentations to various forums; 5. Assistance to Fund officers in the development of governance and administration systems; 6. Provision of tools required to facilitate good governance subject to further agreement where required; 7. Reviewing in house administration systems where required; 8. Provision of advice on technical aspects of the LGPS where required; 9. Liaison with other professionals (actuary, legal advisers etc) where required; 10. An understanding of the implications of the LGPS Asset Pooling agenda. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/aa451a61-4450-4baf-a32b-11869400b20b | | Notice type | Award Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Call-off from a framework agreement | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 29 Jan 2019 | | Submission deadline | 2 Nov 2018 | | Future notice date | Not specified | | Award date | 14 Nov 2018 | | Contract period | 3 Dec 2018 - 2 Dec 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £228,550 | | Lots value | Not specified | | Awards value | £228,500 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | ESSEX COUNTY COUNCIL | | Locality | CHELMSFORD | | Post town | Chelmsford | | Postcode | CM1 1LX | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH3 Essex | | ITL 3 | TLH36 Heart of Essex | | Local authority | Chelmsford | | Electoral ward | Chelmer Village and Beaulieu Park | | Westminster constituency | Chelmsford | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | AON | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66520000 - Pension services ## Release History - 29 Jan 2019 at 10:58 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/aa451a61-4450-4baf-a32b-11869400b20b ## Documents - https://www.contractsfinder.service.gov.uk/Notice/aa451a61-4450-4baf-a32b-11869400b20b 29th January 2019 - Awarded contract notice on Contracts Finder ## 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-b5fd17-165fd565-a802-445e-a281-954e188d4e63. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-165fd565-a802-445e-a281-954e188d4e63.json.