---
title: "Pension Fund Governance Consultancy"
ocid: "ocds-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2018-01-04"
---

# Pension Fund Governance Consultancy

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197

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## Summary

The Isle of Wight Council has completed a tender process for the "Pension Fund Governance Consultancy" project, focusing on Insurance and pension services. The contract, worth £70,800, commenced on 2nd January 2018 and is set to run until 1st January 2022, with potential to extend for up to three years. This procurement was executed as a further competition under the National LGPS Framework, and the tender period closed on 14th November 2017. The services are primarily required in the South East region of the United Kingdom.

This contract presents significant opportunities for consultancy firms specialising in pension fund governance, particularly those who can provide actuarial, benefits, and governance services. Small and medium-sized enterprises (SMEs) would be well-placed to compete, leveraging their agility and expertise in the sector. With local government bodies increasingly focused on effective pension fund management, businesses that align their offerings to meet these procurement requirements can expect growth and development in this niche market.

## Notice

Pension Fund Governance Consultancy Additional information: This contract was competed using a further competition under the National LGPS Framework for Actuarial, Benefits and Governance Consultancy Services Primarily in Support of the Local Government Pension Scheme (NCCT40954). The call off contract can be extended for up to three years taking the potential expiry date to 01 Jan 2025.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e310d58e-9484-4610-b4f5-281880f7b642 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Jan 2018 |
| Submission deadline | 14 Nov 2017 |
| Future notice date | Not specified |
| Award date | 20 Dec 2017 |
| Contract period | 2 Jan 2018 - 1 Jan 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,800 |
| Lots value | Not specified |
| Awards value | £70,800 |
| 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 | ISLE OF WIGHT COUNCIL |
| Locality | NEWPORT |
| Post town | Portsmouth |
| Postcode | PO30 1UD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ34 Isle of Wight |
| Local authority | Isle of Wight |
| Electoral ward | Newport Central |
| Westminster constituency | Isle of Wight West |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HYMANS ROBERTSON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66500000 - Insurance and pension services

## Release History

- 4 Jan 2018 at 09:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e310d58e-9484-4610-b4f5-281880f7b642

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e310d58e-9484-4610-b4f5-281880f7b642
  4th January 2018 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.iwight.com

## 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-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1dfde573-9692-466f-acfb-09a3cd9d6197.json.