---
title: "Pensions - Administration and Actuarial Services"
ocid: "ocds-r6ebe6-0000473206"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000473206"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000473206.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000473206.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SCOTTISH ENTERPRISE"
published: "2017-09-29"
---

# Pensions - Administration and Actuarial Services

Buyer: SCOTTISH ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000473206

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## Summary

The Scottish Enterprise is seeking providers for "Pensions - Administration and Actuarial Services" as part of an open tender process that is currently active. This procurement, categorised under services, will be conducted to appoint a single supplier for the delivery of actuarial, administration, and benefits services from 1st April 2017 to 31st March 2020, with a potential extension until 31st March 2021. The tender submission deadline is set for 22nd February 2017. The procurement is located in Scotland and the total estimated contract value is £1,900,000. Interested parties are invited to submit electronic responses through the Public Contracts Scotland website.

This tender offers significant opportunities for companies specialising in pensions and actuarial services, including consultancies with expertise in benefits administration, actuarial valuations, and scheme communications. Businesses with experience in managing public sector pension schemes, particularly those with a history of working with defined benefits, will find this contract particularly suited to their capabilities. Additionally, firms that meet the financial and insurance requirements outlined in the tender are encouraged to apply, as the contract will not be divided into lots, thereby concentrating the opportunity with a single supplier.

## Notice

The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Benefits services for the period of 1st April 2017 to 31st March 2020 with the option to extend for a further one year to 31st March 2021. An open tender process will be carried out to appoint a single supplier for this service. The Trustees of the Scheme are considering the services of Investment Consulting and Advice services under a separate tender. Interested parties may tender for either or both of the contracts, however an individual submissions is required for each. This tender specifically covers the following services: 1. Pensions and benefits consultancy 2. Actuarial valuations and actuarial advice 3. Pensions Scheme Administration, Cash Management and Accounting 4. Scheme Communications 5. Scheme Secretary and governance support

### Lot Information

Lot 1

The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Benefits services for the period of 1st April 2017 to 31st March 2020 with the option to extend for a further one year to 31st March 2021. The Trustees of the Scheme are considering the services of Investment Consulting and Advice services under a separate tender. Interested parties may tender for either or both of the contracts, however an individual submissions is required for each. This tender specifically covers the following services: 1. Pensions and benefits consultancy 2. Actuarial valuations and actuarial advice 3. Pensions Scheme Administration, Cash Management and Accounting 4. Scheme Communications 5. Scheme Secretary and governance support This contract will not be divided into Lots as this would make the execution of the contract excessively technically difficult.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT296949 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Sep 2017 |
| Submission deadline | 22 Feb 2017 |
| Future notice date | Not specified |
| Award date | 7 Sep 2017 |
| Contract period | Not specified |
| Recurrence | Either 3 years or four years time depending on whether the extension is taken up. This information will appear on our forward plan which will be published on our website. |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,900,000 |
| Lots value | £1,900,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH ENTERPRISE |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 6HQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | TLM Scotland |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services
- 66141000 - Pension fund management services
- 66520000 - Pension services
- 66522000 - Group pension services
- 66523000 - Pension fund consultancy services
- 66523100 - Pension fund administration services

## Release History

- 29 Sep 2017 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT296949
- 13 Jan 2017 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN269547

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=13
  18th January 2017 - Please complete and return the attached ESPD
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=14
  18th January 2017 - Please complete and return the attached ESPD
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=11
  16th January 2017 - Attachment 3
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=12
  16th January 2017 - Invitation to Tender
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=10
  16th January 2017 - Attachment 10
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=9
  16th January 2017 - Attachment 9
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=8
  16th January 2017 - Attachment 8
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=7
  16th January 2017 - Attachment 7
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=6
  16th January 2017 - Attachment 6
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=4
  16th January 2017 - Attachment 4
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=5
  16th January 2017 - Attachment 5
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=1
  16th January 2017 - Appendices 1-5
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=2
  16th January 2017 - Attachment 1
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN269547&idx=3
  16th January 2017 - Attachment 2
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN269547
  Pensions - Administration and Actuarial Services - The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Benefits services for the period of 1st April 2017 to 31st March 2020 with the option to extend for a further one year to 31st March 2021. An open tender process will be carried out to appoint a single supplier for this service. The Trustees of the Scheme are considering the services of Investment Consulting and Advice services under a separate tender. Interested parties may tender for either or both of the contracts, however an individual submissions is required for each. This tender specifically covers the following services: 1. Pensions and benefits consultancy 2. Actuarial valuations and actuarial advice 3. Pensions Scheme Administration, Cash Management and Accounting 4. Scheme Communications 5. Scheme Secretary and governance support
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT296949
  Pensions - Administration and Actuarial Services - The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Benefits services for the period of 1st April 2017 to 31st March 2020 with the option to extend for a further one year to 31st March 2021. An open tender process will be carried out to appoint a single supplier for this service. The Trustees of the Scheme are considering the services of Investment Consulting and Advice services under a separate tender. Interested parties may tender for either or both of the contracts, however an individual submissions is required for each. This tender specifically covers the following services: 1. Pensions and benefits consultancy 2. Actuarial valuations and actuarial advice 3. Pensions Scheme Administration, Cash Management and Accounting 4. Scheme Communications 5. Scheme Secretary and governance support

## Notice URLs

- http://
- http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries
- http://www.publiccontractsscotland.gov.uk
- http://www.scottish-enterprise.com/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000473206
- https://www.scottish-enterprise.com/help/contact-us

## 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-r6ebe6-0000473206. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000473206.json.