---
title: "Contract for the provision of Investment Consultancy Services for the Staffordshire Pension Fund"
ocid: "ocds-b5fd17-f49ff810-bca7-494b-be9a-5883adaae5ad"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f49ff810-bca7-494b-be9a-5883adaae5ad"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f49ff810-bca7-494b-be9a-5883adaae5ad.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f49ff810-bca7-494b-be9a-5883adaae5ad.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "STAFFORDSHIRE COUNTY COUNCIL"
published: "2021-02-03"
---

# Contract for the provision of Investment Consultancy Services for the Staffordshire Pension Fund

Buyer: STAFFORDSHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-f49ff810-bca7-494b-be9a-5883adaae5ad

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## Summary

The Staffordshire County Council is seeking an external supplier for the provision of Investment Consultancy Services for the Staffordshire Pension Fund. The contract, valued at £350,000, falls under the banking and investment services industry category. The procurement method utilised for this contract is selective, specifically a call-off from a framework agreement. The contract period is set to commence on 1 April 2021 and will run until 31 March 2028. The award was officially made on 3 February 2021, and the primary delivery location for the services is within the West Midlands region of the United Kingdom.

This tender presents significant opportunities for businesses specialising in investment consultancy, particularly those adept at strategic asset allocation and financial management within Local Government Pension Schemes (LGPS). Companies with a proven track record in delivering comprehensive investment strategies, risk management, and responsible investment advice would be particularly well-suited to compete for this contract. The nature of the work may also benefit small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that can offer innovative solutions in this field.

## Notice

The Investment Consultancy provider will be required to provide investment consultancy services to the Staffordshire Pension Fund as set out in the framework tender documents. These are: Proven experience to be able to provide strategic asset allocation advice to an LGPS Fund, this will include: - - Review of the Fund's investment strategy and investment management structure - Advise on a cost-efficient implementation of the Fund's investment strategy, taking into account the local government pooling agenda - Advise on an investment strategy that reflects the Fund's ongoing cashflow position - Advising on the Investment Strategy Statement - Advising on alternative investments - Advise and develop the Fund's policies with regard to Responsible Investment - Advising on the investment market (at a strategic, individual manager and strategy level) based upon the application of current market intelligence. It is essential that the investment consultant is able to: - - Work with the Fund's actuary to ensure that all investment matters are considered in the light of the Fund's liabilities. - Perform strategic asset liability modelling and model the total fund risk - Advise on appropriate risk management strategies - Advise on rebalancing and tactical asset allocation - Assist the Pensions Panel in facilitating a governance environment in which the Fund's resources (Elected Members time, in house team time and money) are devoted in accordance with the relative importance of the decisions being taken. - Provide a quarterly report covering the outlook for economies and asset classes invested in by the fund and under consideration for investment. - Monitoring and reporting of investment managers and producing quarterly based reports based on data provided by the measuring company - Attendance at meetings as required

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2516172e-4498-4d47-b025-a512dff9df51 |
| 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, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Feb 2021 |
| Submission deadline | 23 Nov 2020 |
| Future notice date | Not specified |
| Award date | 3 Feb 2021 |
| Contract period | 31 Mar 2021 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £350,000 |
| Lots value | Not specified |
| Awards value | £350,000 |
| 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 | STAFFORDSHIRE COUNTY COUNCIL |
| Locality | STAFFORD |
| Post town | Stoke-on-Trent |
| Postcode | ST16 2DH |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG2 Shropshire and Staffordshire |
| ITL 3 | TLG24 Staffordshire CC |
| Local authority | Stafford |
| Electoral ward | Forebridge |
| Westminster constituency | Stafford |
| Delivery location | TLG West Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HYMANS ROBERTSON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 3 Feb 2021 at 07:14 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2516172e-4498-4d47-b025-a512dff9df51

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2516172e-4498-4d47-b025-a512dff9df51
  3rd February 2021 - 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-f49ff810-bca7-494b-be9a-5883adaae5ad. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f49ff810-bca7-494b-be9a-5883adaae5ad.json.