---
title: "Contract for the Provision of Actuarial, Benefits and Governance Consultancy Services"
ocid: "ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HERTFORDSHIRE COUNTY COUNCIL"
published: "2024-06-28"
---

# Contract for the Provision of Actuarial, Benefits and Governance Consultancy Services

Buyer: HERTFORDSHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb)  
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## Summary

The Hertfordshire County Council has recently awarded the contract for Actuarial, Benefits, and Governance Consultancy Services to Barnett Waddingham LLP under the National LGPS Framework Agreement. The contract, valued at £8,000,000, is for an initial 5-year period with the possibility of extension for up to 10 years. The procurement method used was selective, calling off from a framework agreement, with the tender closing on 2nd February 2024. The procurement falls under the services industry category and is located in the East of England.

This tender offers business growth opportunities for organisations providing actuarial and consultancy services, especially those experienced in pension services. Small and medium-sized enterprises (SMEs) are encouraged to explore partnership possibilities, as the contracting authority, Hertfordshire County Council, has indicated suitability for SMEs. Businesses interested in this sector should consider similar framework agreements for potential future contracts within the local government pension scheme domain.

## Notice

Awarded Contract - the contract has been awarded to Barnett Waddingham LLP under National LGPS Framework Agreement (NCCT41941) Lots 1 - 4. The contract has been awarded for a period of 5 years with the option to extend for a further period of 3 years plus 2 years. The contract value stated is for the maximum contract period of 10 years across all 4 lots.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1a82fb31-6d08-4af0-9535-acf58b35efb3 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Jun 2024 |
| Submission deadline | 2 Feb 2024 |
| Future notice date | Not specified |
| Award date | 3 Jun 2024 |
| Contract period | 31 Aug 2024 - 31 Aug 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £8,000,000 |
| Lots value | Not specified |
| Awards value | £8,000,000 |
| 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 | HERTFORDSHIRE COUNTY COUNCIL |
| Locality | HERTFORD |
| Post town | Stevenage |
| Postcode | SG13 8DQ |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH26 North and East Hertfordshire |
| Local authority | East Hertfordshire |
| Electoral ward | Hertford Castle |
| Westminster constituency | Hertford and Stortford |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARNETT WADDINGHAM |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66520000 - Pension services

## Release History

- 28 Jun 2024 at 08:28 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1a82fb31-6d08-4af0-9535-acf58b35efb3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1a82fb31-6d08-4af0-9535-acf58b35efb3
  28th June 2024 - 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-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6c07161b-3251-4656-84a2-0b98e679a8bb.json.