---
title: "Actuarial, Benefits and Governance Consultancy Services"
ocid: "ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF SUTTON"
published: "2021-10-04"
---

# Actuarial, Benefits and Governance Consultancy Services

Buyer: LONDON BOROUGH OF SUTTON  
Current stage: Award  
OCID: ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6)  
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## Summary

The London Borough of Sutton has completed the procurement process for the contract titled "Actuarial, Benefits and Governance Consultancy Services", primarily aimed at supporting the Local Government Pension Scheme. The procurement was conducted as a tender, with an estimated total contract value of £300,000, divided equally between Sutton and the Royal Borough of Kingston. The contract, awarded to Hymans Robertson LLP and Aon Solutions UK Limited, commenced on 1st October 2021 and runs until 30th September 2025, with an option to extend for an additional two years. The purchase falls under the financial and insurance services category, and the tender was concluded on 4th June 2021.

This tender presents an opportunity for businesses specialising in actuarial and benefits consultancy services to engage with local government entities, fostering growth and collaboration in the public sector. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete for similar contracts, as they can offer tailored services and agile solutions. Companies offering expertise in pension fund management and related financial services will find this environment conducive to forming strategic partnerships and expanding their market reach.

## Notice

Actuarial, Benefits and Governance Consultancy Services Primarily in Support of the Local Government Pension Scheme (NCCT40954). National LGPS Frameworks for: Lot 1 - Actuarial Services and Lot 2 - Benefits Consultancy. The contract is awarded by the London Borough of Sutton. The service will be provided to both the London Borough of Sutton and the Royal Borough of Kingston. Additional information: The contract value is an estimate based on both the London Borough of Sutton spending PS150,000 and Royal Borough of Kingston spending PS150,000 giving a contract total of PS300,000, but this may vary between councils. The original term is four years but there is an option extend for an additional two years (24 months).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c317e976-fb94-4134-944e-8503d904bc41 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Oct 2021 |
| Submission deadline | 4 Jun 2021 |
| Future notice date | Not specified |
| Award date | 27 Jun 2021 |
| Contract period | 30 Sep 2021 - 30 Sep 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £300,000 |
| Lots value | Not specified |
| Awards value | £300,000 |
| 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 | LONDON BOROUGH OF SUTTON |
| Locality | SUTTON |
| Post town | Sutton |
| Postcode | SM1 1EA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI63 Merton, Kingston upon Thames and Sutton |
| Local authority | Sutton |
| Electoral ward | Sutton Central |
| Westminster constituency | Sutton and Cheam |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | AON SOLUTIONS; HYMANS ROBERTSON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 4 Oct 2021 at 12:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c317e976-fb94-4134-944e-8503d904bc41

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c317e976-fb94-4134-944e-8503d904bc41
  4th October 2021 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.sutton.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-ca901841-6dad-443f-a786-4b90376423b6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ca901841-6dad-443f-a786-4b90376423b6.json.