---
title: "Independent Investment Advisor for the Staffordshire Pension Fund"
ocid: "ocds-b5fd17-f74ad0d4-2ecc-40e6-8339-5245f271a477"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f74ad0d4-2ecc-40e6-8339-5245f271a477"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f74ad0d4-2ecc-40e6-8339-5245f271a477.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f74ad0d4-2ecc-40e6-8339-5245f271a477.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "STAFFORDSHIRE COUNTY COUNCIL"
published: "2024-08-14"
---

# Independent Investment Advisor for the Staffordshire Pension Fund

Buyer: STAFFORDSHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-f74ad0d4-2ecc-40e6-8339-5245f271a477

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## Summary

Staffordshire County Council has awarded a contract for an Independent Investment Advisor for the Staffordshire Pension Fund. The council administers the fund, which as of 31 December 2023, held assets exceeding £7.1 billion. The procurement process, classified under Pension Investment Services (CPV code 66131100), involved a special exemption to internal procurement rules. This award follows the completion stage of the tender, which concluded on 26 June 2024. The contract, valued at £180,000, will begin on 1 September 2024 and continue until 31 August 2030 in Stafford, UK (ST16 2DH).

This tender presents a significant opportunity for businesses with expertise in pension investment advisory services to enhance their portfolio by engaging with a substantial and well-funded pension scheme. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly well-suited for this contract, which requires active participation in quarterly and ad-hoc strategy and monitoring meetings. The role is ideal for businesses experienced in providing investment strategy and consultancy services, offering them the chance to contribute to and benefit from managing substantial public assets.

## Notice

Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund'). The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred members. As of 31 December 2023, the assets of the Fund were in excess of PS7.1 billion. The appointment will take the form of a contractual agreement between the appointed provider and Staffordshire County Council, to supply the services outlined below for the Staffordshire Pension Fund, in accordance with the terms agreed in the contract. The main duties of the independent Investment Adviser are as follows: * To attend quarterly in person meetings of the Pensions Panel; * To attend ad-hoc investment strategy, implementation and manager monitoring meetings with Officers and the appointed Investment Consultant; * To provide ad-hoc advice and attend any other meetings as may be required from time to time.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/98a85827-0cc0-4e22-b6d0-cb1f92eb7776 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Exemption to own internal procurement rules |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Aug 2024 |
| Submission deadline | 26 Jun 2024 |
| Future notice date | Not specified |
| Award date | 13 Aug 2024 |
| Contract period | 31 Aug 2024 - 31 Aug 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £180,000 |
| Lots value | Not specified |
| Awards value | £180,000 |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAROLAN DOBSON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services

## Release History

- 14 Aug 2024 at 06:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/98a85827-0cc0-4e22-b6d0-cb1f92eb7776

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/98a85827-0cc0-4e22-b6d0-cb1f92eb7776
  14th August 2024 - Awarded contract notice on Contracts Finder
- https://supplierlive.proactisp2p.com/Account/Login#
  This is an electronic tender and documents should be downloaded from the link above

## 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-f74ad0d4-2ecc-40e6-8339-5245f271a477. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f74ad0d4-2ecc-40e6-8339-5245f271a477.json.