--- title: "Provision of advice regarding the sourcing of an employer administered defined contribution pension scheme" ocid: "ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65.json" source: "Contracts Finder" current_stage: "Tender" buyer: "OLDHAM COUNCIL" published: "2018-03-05" --- # Provision of advice regarding the sourcing of an employer administered defined contribution pension scheme Buyer: OLDHAM COUNCIL Current stage: Tender OCID: ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65.json) ## Summary The Oldham Council is currently seeking proposals for the provision of advice regarding the sourcing of an employer-administered defined contribution pension scheme. This tender falls within the financial and insurance services industry, specifically aiming for consultancy services. The tender was published on 5 March 2018 and is open until 21 March 2018, with the contract period expected to commence on 6 April 2018 and last until 2 July 2018. The services are required for a company with approximately 100-150 potential scheme members, based in the North West region of the United Kingdom. This tender presents a valuable opportunity for businesses specialising in financial consulting and employee benefits management, particularly those familiar with pension schemes and regulatory compliance. SMEs and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, as their specific insights could be advantageous for the Council's requirements. Businesses well-versed in evaluating pension options and crafting competitive employee remuneration packages will find this tender particularly suitable for their expertise. ## Notice The Council is seeking advice regarding employer administered Defined Contribution pension schemes. The current provider of such a scheme for employees in a private sector company in which the Council has an interest is withdrawing provision. The assistance of a specialist is required to provide advice to the Council so it is able to: * Determine which firms are likely to be interested in providing a Defined Contribution (DC) pension scheme arrangement for a company employing c100-150 potential scheme members and what the fees/costs associated with such an arrangement are likely to be; * Identify what legal/regulatory issues are pertinent to the selection and appointment of a reputable company capable of providing a DC pension scheme arrangement (e.g. new requirements regarding minimum contribution rates). The company concerned is also in a Teckal arrangement (which may change in future) and the Council requires advice as to whether this has any implications for the sourcing of a DC pension scheme; * Identify alternative options if there is little or no market appetite for provision (for example, Nest); * Determine what would constitute a reasonable 'package' to offer to employees in terms of pension provision including but not limited to employer contribution rates, the extent to which employer and employee contributions should be matched, whether additional items such as life cover should be included and the extent to which employees can access and manage their pension scheme details via the web. In the context of employee remuneration, advice is sought regarding what package represents a reasonable and competitive offer. Additional information: Please register on https://procontract.due-north.com/ and search for DN327102 to find details of the opportunity. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f2ae15b3-8d95-430c-9383-2bb0f0d28bde | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Other - | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 5 Mar 2018 | | Submission deadline | 21 Mar 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 5 Apr 2018 - 2 Jul 2018 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | 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 | OLDHAM COUNCIL | | Locality | OLDHAM | | Post town | Oldham | | Postcode | OL1 1DZ | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD37 Greater Manchester North East | | Local authority | Oldham | | Electoral ward | St Mary's | | Westminster constituency | Oldham East and Saddleworth | | Delivery location | TLD North West (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66000000 - Financial and insurance services - 79400000 - Business and management consultancy and related services ## Release History - 5 Mar 2018 at 15:54 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f2ae15b3-8d95-430c-9383-2bb0f0d28bde ## Documents - https://www.contractsfinder.service.gov.uk/Notice/f2ae15b3-8d95-430c-9383-2bb0f0d28bde 5th March 2018 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.oldham.gov.uk/ - https://procontract.due-north.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-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-41e97ab3-efa6-425b-9a34-874e9b068d65.json.