---
title: "LGPS Multi Provider Framework for the Provision of Stewardship Services"
ocid: "ocds-h6vhtk-05d8c5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05d8c5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05d8c5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05d8c5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BRUNEL PENSION PARTNERSHIP LIMITED"
published: "2025-12-02"
---

# LGPS Multi Provider Framework for the Provision of Stewardship Services

Buyer: BRUNEL PENSION PARTNERSHIP LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-05d8c5

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## Summary

The Brunel Pension Partnership Limited, located in Bristol, UK, has awarded a contract under the National LGPS Framework for the provision of stewardship services. The framework is categorised under pension services, with Hermes Equity Ownership Services Limited securing the contract. This process, classified as a service procurement and employing a limited procurement method due to extreme urgency, saw contracts signed on 1st December 2021. The awarded contract entails a duration of 1440 days. Amidst government-driven urgency announced in May 2025 concerning pooling consolidation, Brunel extended the existing contract, ensuring continuity and alignment with their investment strategy and stewardship obligations.

This tender presents significant opportunities for businesses involved in pension-related services, particularly in providing stewardship services. Large-scale service providers with expertise in issuer engagement and voting recommendations would find themselves well-suited to compete under similar frameworks in the future. It offers the potential for fruitful business growth, enabling entities with the capacity to deliver comprehensive stewardship services within stringent deadlines to align firmly with the ongoing strategic objectives of organisations like Brunel Pension Partnership Limited.

## Notice

Provision of stewardship services, including engagement with issuers and voting recommendations.

### Lot Information

Lot 1

A contract was awarded to Hermes under the National LGPS Framework for the provision of stewardship services, including engagement with issuers and voting recommendations.

### Procurement Information

Brunel Pension Partnership Limited ("Brunel") intends to extend its existing contract with Hermes for the provision of stewardship services in accordance with Regulation 72(1 )(c) on the grounds of strict necessity due to the government's announcement in May 2025 regarding pooling consolidation, which has created an urgent need to maintain continuity of stewardship services across Brunel's pooled assets. Brunel does not believe that any other single provider can deliver the breadth of required services within the necessary timeframe without causing significant operational and governance risks to the business. The services provided by Hermes are integral to Brunel's responsible investment strategy and stewardship obligations, and any disruption would materially impact Brunel's ability to meet its fiduciary and regulatory duties. The scope and terms of the contract with the incumbent remain unchanged as a result of the contract extension.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/078862-2025 |
| 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 | 2 Dec 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 1 Dec 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £2,125,000 |

## Status

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

## 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) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HERMES EQUITY OWNERSHIP SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66520000 - Pension services

## Release History

- 2 Dec 2025 at 12:14 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/078862-2025
- 2 Dec 2025 at 12:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/078849-2025
- 3 Nov 2025 at 11:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/070376-2025

## Notice URLs

- https://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-h6vhtk-05d8c5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05d8c5.json.