---
title: "Pension Administration Support"
ocid: "ocds-h6vhtk-046a47"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-046a47"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-046a47.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-046a47.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2024-06-04"
---

# Pension Administration Support

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-046a47

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-046a47.json)

## Summary

The Isle of Wight Council recently awarded a contract for Pension Administration Support to Hymans Robertson LLP. The procurement process involved a limited tender procedure without prior publication of a call for competition. This urgent contract was necessitated by the departure of experienced staff and the need for specialist knowledge of Local Government Pension Schemes. The contract, valued at £349,800, is for a 12-month period to provide support related to the Isle of Wight Council Pension Fund.

This contract presents an opportunity for businesses providing pension fund administration services, particularly those with expertise in Local Government Pension Schemes, to engage with the Isle of Wight Council. Given the specific requirements and limited competition in this area, businesses with a track record in providing similar services to public authorities may find this tender well-suited for their expertise. The contract involves delivering up to 120 hours of senior pension administrator support per month, focusing on business-as-usual tasks, project administration, and training for the pension fund.

## Notice

Pension Administration Support for 12 month period.

### Lot Information

Lot 1

Pension Administration Support for 12 month period in relation to the Isle of Wight Council Pension Fund. Provision of up to 120 hours of senior pension administrator per month, to be used as required, to support business-as-usual administration tasks and/or project administration and/or training in relation to the pension fund over the next twelve months.

### Procurement Information

This urgent need has been created due to several experienced members of staff from the Authority's pension fund administration team leaving the authority over the last 12 months. A recruitment campaign has been carried out however this was unsuccessful. This contract is needed whilst an internal review and re-structure takes place. During this time specialist knowledge of Local Government Pension Schemes (LGPS) is required. There are very few suppliers that can provide LGPS support services and this supplier has a dedicated team and already understand the Isle of Wight Council's Pension scheme as have been proving temporary support under an existing contract. The Isle of Wight Council observed a 10 day standstill period which ended at midnight on 3 June 2024.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/017343-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Jun 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 23 May 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £349,800 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 | TLJ34 Isle of Wight |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66523100 - Pension fund administration services
- 79620000 - Supply services of personnel including temporary staff

## Release History

- 4 Jun 2024 at 16:31 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/017343-2024
- 24 May 2024 at 11:09 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/016446-2024

## 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-h6vhtk-046a47. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-046a47.json.