---
title: "Pension Administration Support"
ocid: "ocds-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2024-11-15"
---

# Pension Administration Support

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40

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## Summary

The Isle of Wight Council has completed the award stage for a contract titled "Pension Administration Support" in the South East region of the United Kingdom. This procurement falls under the industry category of staff supply services and pension fund administration services. The contract is valued at £349,800 and spans from 5th June 2024 to 31st May 2025. The procurement method was limited, with Hymans Robertson LLP being awarded the contract without prior publication of a contract notice. This urgent need arose due to staff shortages within the Council's pension fund administration team.

This tender presents a significant opportunity for businesses specialising in pension fund administration, particularly those with expertise in Local Government Pension Schemes (LGPS). The awarded supplier, Hymans Robertson LLP, was selected for their dedicated specialist knowledge and prior experience with the Isle of Wight Council's Pension scheme. Businesses capable of providing high-quality, specialised administrative support services stand to benefit from this type of contract, especially those that can offer flexible service delivery to meet urgent organisational needs.

## Notice

Pension Administration Support for 12 month period in relation to the Isle of Wight Council Pension Fund. Provision of up to 120 hours of senior pension administrator per month, to be used as required, to support business-as-usual administration tasks and/or project administration and/or training in relation to the pension fund over the next twelve months. This urgent need has been created due to several experienced members of staff from the Authority's pension fund administration team leaving the authority over the last 12 months. A recruitment campaign has been carried out however this was unsuccessful. This contract is needed whilst an internal review and re-structure takes place. During this time specialist knowledge of Local Government Pension Schemes (LGPS) is required. There are very few suppliers that can provide LGPS support services and this supplier has a dedicated team and already understand the Isle of Wight Council's Pension scheme as have been proving temporary support under an existing contract. A VEAT notice was published in Find a Tender Service (2024/S 000-016446)and the Isle of Wight Council observed a 10 day standstill period which ended at midnight on 3 June 2024. An award notice was also published: 2024/S 000-017343

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/41d4baa5-c730-42fc-a7b4-abe9eb1fcf49 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award of contract without prior publication of a contract notice |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Nov 2024 |
| Submission deadline | 3 Jun 2024 |
| Future notice date | Not specified |
| Award date | 3 Jun 2024 |
| Contract period | 4 Jun 2024 - 31 May 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £349,800 |
| Lots value | Not specified |
| Awards value | £349,800 |
| 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
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66523100 - Pension fund administration services
- 79620000 - Supply services of personnel including temporary staff

## Release History

- 15 Nov 2024 at 14:14 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/41d4baa5-c730-42fc-a7b4-abe9eb1fcf49

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/41d4baa5-c730-42fc-a7b4-abe9eb1fcf49
  15th November 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.iow.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-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-682c9bd0-de4a-40e3-a27b-4fd0a5a0cb40.json.