---
title: "SC20253 - GMP Rectification"
ocid: "ocds-b5fd17-4bc412d7-0548-4e14-852d-2a6e45fc175c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4bc412d7-0548-4e14-852d-2a6e45fc175c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4bc412d7-0548-4e14-852d-2a6e45fc175c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4bc412d7-0548-4e14-852d-2a6e45fc175c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "KENT COUNTY COUNCIL"
published: "2023-02-16"
---

# SC20253 - GMP Rectification

Buyer: KENT COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-4bc412d7-0548-4e14-852d-2a6e45fc175c

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## Summary

Kent County Council has awarded a contract for GMP Rectification services under the National LGPS Framework. The contract value is £86,700, with a contract period from 1st February 2023 to 1st September 2023. The procurement method was selective, calling off from a framework agreement. The services fall under the Financial and insurance services category, with delivery addresses in South East, United Kingdom.

This tender presents an opportunity for businesses experienced in GMP Rectification exercises for LGPS and Police. Suitable companies should have a proven track record using the Altair pension administration software and experience liaising with local government organisations. The awarded contract provides a platform for growth in the financial and insurance services sector, particularly for companies looking to expand their operations in the South East region of the United Kingdom.

## Notice

Kent County Council wish to appoint a Provider to supply the following services under Lot 1 - Pension Administration Operational Support Services under the National LGPS Framework reference NCCT42210 as set out in the Framework tender documents. The supplier will be required to agree an approach to adjust member benefits where the value of the Guaranteed Minimum Pension (GMP) in payment has been reconciled against data held by the National Insurance Contributions Office (NICO) and the value in payment needs to be amended and the benefits rectified. The supplier will be expected to provide draft results to the Fund so that decisions can be made on any under and over payments of benefits in payment. Once those decisions have been made, the supplier will need to adjust the benefits and potentially reclaim any overpayments or make payment of any arrears (including interest) of underpayments. The supplier will then be expected to notify pensioners of the change to the level of their benefits, and the value of any under/over payment including what actions will be taken and any appeals process against the Fund. The supplier will need to liaise closely with the Fund to ensure that where there have been member movements i.e. new pensioners or deceased pensioners, these are either included or excluded from the exercise. The supplier may be expected to present results to the Pension Fund Committee, including proposals and recommendations. The supplier will advise the Fund based on experience across the industry. If the exercise spans the application of the 2023 Pensions Increase to benefits in payment, the supplier will need to take this into account and have the means of adjusting the values appropriately. The supplier will need to manage the project from start to finish including the management of any decisions required. The Fund may be required to support the supplier with the review of member records, alternatively if this resource is not available within the Fund the supplier may be expected to carry out this review and provide recommendations based on their findings. The supplier will need to meet regularly with the Fund to provide progress updates and address any issues/concerns, and potentially share those updates via presentations to the Local Pension Board and Pension Fund Committee. The supplier shall provide the Pension Fund with a project plan that sets out clear timescales and milestones. The supplier shall have demonstrable experience of dealing with GMP Rectification exercises for LGPS and Police and have experience of using the Altair pension administration software.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4503d6df-a12c-4908-902b-65e00016a7c1 |
| 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 | 16 Feb 2023 |
| Submission deadline | 1 Jan 2023 |
| Future notice date | Not specified |
| Award date | 25 Jan 2023 |
| Contract period | 1 Feb 2023 - 1 Sep 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £160,000 |
| Lots value | Not specified |
| Awards value | £86,700 |
| 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 | KENT COUNTY COUNCIL |
| Locality | MAIDSTONE |
| Post town | Rochester |
| Postcode | ME14 1XX |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ45 Mid Kent |
| Local authority | Maidstone |
| Electoral ward | Penenden Heath |
| Westminster constituency | Maidstone and Malling |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | INDEPENDENT TRANSITION MANAGEMENT |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 16 Feb 2023 at 11:32 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4503d6df-a12c-4908-902b-65e00016a7c1

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4503d6df-a12c-4908-902b-65e00016a7c1
  16th February 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/157d1e5f-25c1-4d7f-8376-ed9c4686f137

## Provenance

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