Scope
Description
Carmarthenshire County Council as the Administering Authority of the Dyfed Pension Fund is looking to appoint an Independent Member / Chair for the Pension Board, in line with the LGPS Governance Regulations 2015. The Board consists of 7 members: 3 Employer Representatives, 3 Scheme Member Representatives and 1 Independent Member who also acts as Chair. The Independent Chair of the Dyfed Pension Board must be engaged directly by the bidding organisation or as a self‑employed individual to ensure clear accountability, independence and reliable delivery. This is a very specialised role, and applicants should have significant financial awareness and investment practice either as a Pension Fund Trustee or in the running of pension funds, preferably within the Local Government Pension Scheme. Further details is provided within the tender pack.
Total value (estimated)
- £75,000 excluding VAT
- £90,000 including VAT
Below the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2029
- Possible extension to 31 March 2031
- 5 years
Description of possible extension:
There is an option to extend this contract for a further period of up to 24 months, subject to available budget, satisfactory performance and agreement by both parties.
Main procurement category
Services
CPV classifications
- 66131100 - Pension investment services
- 66141000 - Pension fund management services
- 66500000 - Insurance and pension services
- 75320000 - Government employee pension schemes
- 75110000 - General public services
- 79400000 - Business and management consultancy and related services
- 79112100 - Stakeholders representation services
Contract locations
- UKL14 - South West Wales
Participation
Conditions of participation
As per the tender documentation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Enquiry deadline
12 February 2026, 2:00pm
Tender submission deadline
18 February 2026, 2:00pm
Submission address and any special instructions
This opportunity is being conducted on the E Procurement System, eTenderwales. To register, please browse to the eSourcing Portal: www.etenderwales.bravosolution.co.uk. To assist you in locating this opportunity on the eTenderwales portal, the project code is project_61667 and the Invitation to Tender code is ITT_122244. As this is an open procedure, Tenderers must ensure that all ITT questions are fully responded to. Please also ensure you check the Attachments area for any documents/ information which may assist you with your submission or you are required to upload as part of your submission as per information contained within the tender pack. If you require any further assistance use the online help, or the BravoSolution help desk is available Mon - Fri (8am - 6pm) on: - email: help@bravosolution.co.uk - Phone: 0800 069 8634.
Tenders may be submitted electronically
Yes
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Quality | Quality | 70.00% |
| Price | Price | 30.00% |
Procedure
Procedure type
Below threshold - open competition
Contracting authority
Carmarthenshire County Council
- Public Procurement Organisation Number: PTVL-7854-TMRZ
County Hall
Carmarthen
SA31 1JP
United Kingdom
Contact name: Hayley Davies
Email: HaLDavies@carmarthenshire.gov.uk
Website: https://www.carmarthenshire.gov.uk
Region: UKL14 - South West Wales
Organisation type: Public authority - sub-central government
Devolved regulations that apply: Wales