--- title: "CTI Collation and Benchmarking" ocid: "ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f.json" source: "Contracts Finder" current_stage: "Planning" buyer: "BRUNEL PENSION PARTNERSHIP LIMITED" published: "2024-05-17" --- # CTI Collation and Benchmarking Buyer: BRUNEL PENSION PARTNERSHIP LIMITED Current stage: Planning OCID: ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f.json) ## Summary The buying organisation, Brunel Pension Partnership Limited, is seeking a vendor for the CTI Collation and Benchmarking tender in the financial information systems industry category. This planning-stage tender involves tasks such as collating costs from investment managers, producing CTI templates, and providing benchmarking reports. The engagement end date for this opportunity is set for 14th June 2024 in the South West region of the United Kingdom. This tender presents an opportunity for businesses with expertise in financial data analysis, investment knowledge, and benchmarking services to engage with Brunel, a key player in the UK pension fund industry. Small and medium-sized enterprises (SMEs) with knowledge of the Cost Transparency Initiative (CTI) and experience in delivering accurate and detailed financial reports are well-suited to compete for this lucrative contract. Interested parties are encouraged to respond by the specified deadline to showcase their capabilities for the services required. ## Notice Brunel are seeking a single vendor to provide a discretionary service of collating, processing, reporting and benchmarking on costs incurred by clients invested in Brunel's multi-manager investment funds. The vendor must be able to provide the services below: 1) Cost Transparency Initiative (CTI) template collation, production & processing. We require a provider to provide the following on an annual basis: * Collate the costs & charges from the underlying investment managers within our Listed & Private Market multi-manager funds * Produce both the fund & client-level versions of the CTI templates to a specified timeline at a March financial year end * Create the Byhiras templates at both client & investment-level and upload onto the AB Cost Transparency, Compliance & Validation System. Data is to be collected by means of templates created by the Pensions & Lifetime Savings Association (PLSA) as updated from time to time, and through other supporting documents produced by the underlying fund managers for the mandate(s) they hold for Brunel. The CTI was set up to support consistent and standardised disclosure of costs & charges to institutional investors however, as it may not be relevant for all breakdowns of costs & charges to all asset classes we are looking for a provider who: * Has the necessary investment knowledge & experience to analyse the data given within a controlled environment * Is able to follow up with investment managers for further information if not sufficient, to ensure accurate reporting and quality assurance across all asset classes. As the data being collated from the investment managers is complex in nature and there is a desire internally to analyse the information separately from the CTI output, it is expected that the provider has an automated and efficient way of capturing the underlying costs & charges in a centralised portal or database, to which Brunel will have access. 2) Benchmarking and/or provision of value for money scoring * By using the collated CTI templates, the service will deliver objective, actionable benchmarking reporting on the value for money Brunel's investment funds provide at the following levels: * Fund * Client * Pool * The analysis should be broader than just a comparison of ongoing charges for underlying investment managers and should highlight areas for improvement, where applicable. * Benchmarking will also be required at a total asset class level: Passives, Private & Listed Markets. * Depth & breadth of the benchmarking universe needs to be sufficiently rich to draw conclusive analysis on value for money for Brunel's clients and should be directly comparable to Brunel's investments where possible. * Reporting should include trending analysis & expectations on the impact on costs and performance as the pool grows and should reflect the service provider's deep understanding of asset class cost dynamics. * Access to the data to conduct internal analysis is also a requirement. Additional information: Brunel Pension Partnership (Brunel) is one of eight UK Local Government Pension Scheme pools, bringing together ~PS35 billion of investments of ten like-minded funds (our clients). At this stage this opportunity is soft market test only and not a call for competition. The Contracting Authority may or may not subsequently publish a formal contract opportunity notice in the future. Interested parties are requested to indicate their capabilities for both services requested, including size of peer groups for benchmarking purposes and return via email to procurementqueries.brunel@brunelpp.org by 12pm on the Return Date (14 June 2024). Queries should be submitted to procurementqueries.brunel@brunelpp.org before 31 May 2024. (sample CTI templates are attached) ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/009c8a3f-1cef-4ea5-b01a-65eda1459922 | | Notice type | Market Engagement Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 17 May 2024 | | Submission deadline | Not specified | | Future notice date | 14 Jun 2024 | | Award date | Not specified | | Contract period | Not specified | | 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 | Planning | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BRUNEL PENSION PARTNERSHIP LIMITED | | Locality | BRISTOL | | Post town | Bristol | | Postcode | BS1 6PU | | Country | England | | ITL 1 | TLK South West (England) | | ITL 2 | TLK5 West of England | | ITL 3 | TLK51 Bristol, City of | | Local authority | Bristol, City of | | Electoral ward | Central | | Westminster constituency | Bristol Central | | Delivery location | TLK South West (England) | ## CPV Codes ### Divisions - 48 - Software package and information systems - 72 - IT services: consulting, software development, Internet and support ### Codes - 48812000 - Financial information systems - 72314000 - Data collection and collation services ## Release History - 17 May 2024 at 15:03 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/009c8a3f-1cef-4ea5-b01a-65eda1459922 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/009c8a3f-1cef-4ea5-b01a-65eda1459922 17th May 2024 - Early engagement notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/b5e6cf50-3e5a-4833-b6e9-6342801effca Sample PLSA CTI templates for Listed and Private Markets. - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2329ff83-2d2c-411d-bbd9-7edb8483f28b Sample PLSA CTI templates for Listed and Private Markets. ## Notice URLs - http://www.brunelpensionpartnership.org ## 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-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-931b296e-dc1d-4bd1-9ae5-53182923c38f.json.