---
title: "Pension fund: Governance consultancy"
ocid: "ocds-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2025-04-03"
---

# Pension fund: Governance consultancy

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b

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## Summary

The Isle of Wight Council has completed the procurement process for a 12-month governance consultancy contract for their pension fund. This contract, valued at £75,000, falls under the category of Pension Fund Consultancy Services (CPV code: 66523000). The direct award procurement method was used, and the contract was awarded to Hymans Robertson LLP. The service will be provided in the South East region of the United Kingdom, starting on 2nd January 2025 and ending on 1st January 2026. The award notice was published on 3rd April 2025, following the tender period which ended on 25th November 2024.

This tender offers opportunities for large consultancy firms specialising in pension fund governance to showcase their expertise and potentially secure similar contracts in the future. Medium and large consultancies with experience in financial services consultancy are well-suited to compete for such contracts. Collaborating with a public sector organisation like Isle of Wight Council could provide extensive experience and visibility in the market, paving the way for substantial business growth.

## Notice

Pension fund Governance consultancy for a short term 12-month contract.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7ab5e7de-3bef-4e44-8cca-15e8de581fbd |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Apr 2025 |
| Submission deadline | 25 Nov 2024 |
| Future notice date | Not specified |
| Award date | 27 Nov 2024 |
| Contract period | 2 Jan 2025 - 1 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £75,000 |
| Lots value | Not specified |
| Awards value | £75,000 |
| 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 | 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

- 66523000 - Pension fund consultancy services

## Release History

- 3 Apr 2025 at 17:38 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7ab5e7de-3bef-4e44-8cca-15e8de581fbd

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7ab5e7de-3bef-4e44-8cca-15e8de581fbd
  3rd April 2025 - 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-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8bce9837-c9c3-4eaf-a333-dc7b3130d55b.json.