Contract

A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

  • NORFOLK COUNTY COUNCIL
  • City of Bradford Metropolitan District Council (As Administering Authority of the West Yorkshire Pension Fund)
  • City of Wolverhampton Council (As Administering Authority of the West Midlands Pension Fund)
  • LGPS Central Limited
  • Staffordshire County Council (As Administering Authority of the Staffordshire Pension Fund)
Show 2 more buyers Show fewer buyers
  • West Sussex County Council (As administering authority of the West Sussex Pension Fund)
  • Wirral Council (As Administering Authority for Merseyside Pension Fund)

F03: Contract award notice

Notice identifier: 2025/S 000-008789

Procurement identifier (OCID): ocds-h6vhtk-04a7a9 (view related notices)

Published 11 March 2025, 3:34pm



Section one: Contracting authority

one.1) Name and addresses

NORFOLK COUNTY COUNCIL

Martineau Lane

NORWICH

NR12DH

Contact

Julie Ward

Email

julie.ward@norfolk.gov.uk

Telephone

+44 1603224320

Country

United Kingdom

Region code

UKH15 - Norwich and East Norfolk

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.norfolk.gov.uk

one.1) Name and addresses

City of Bradford Metropolitan District Council (As Administering Authority of the West Yorkshire Pension Fund)

Bradford

BD1 2ST

Email

pensions@wypf.org.uk

Country

United Kingdom

Region code

UKE41 - Bradford

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.wypf.org.uk

one.1) Name and addresses

City of Wolverhampton Council (As Administering Authority of the West Midlands Pension Fund)

Wolverhampton

WV1 1XP

Email

pensionfundenquiries@wolverhampton.gov.uk

Country

United Kingdom

Region code

UKG39 - Wolverhampton

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.wmpfonline.com

one.1) Name and addresses

LGPS Central Limited

Wolverhampton

WV1 1LD

Email

procurement@lgpscentral.co.uk

Country

United Kingdom

Region code

UKG39 - Wolverhampton

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.lgpscentral.co.uk

one.1) Name and addresses

Staffordshire County Council (As Administering Authority of the Staffordshire Pension Fund)

Stafford

ST16 2DH

Email

pensions.enquiries@staffordshire.gov.uk

Country

United Kingdom

Region code

UKG24 - Staffordshire CC

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.staffspf.org.uk/Home.aspx

one.1) Name and addresses

West Sussex County Council (As administering authority of the West Sussex Pension Fund)

Chichester

PO19 1RG

Email

investments@westsussex.gov.uk

Country

United Kingdom

Region code

UKJ2 - Surrey, East and West Sussex

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.westsussex.gov.uk

one.1) Name and addresses

Wirral Council (As Administering Authority for Merseyside Pension Fund)

Liverpool

LS2 9SH

Email

mpfadmin@wirral.gov.uk

Country

United Kingdom

Region code

UKD72 - Liverpool

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

http://www.mpfmembers.org.uk

one.2) Information about joint procurement

The contract involves joint procurement

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

A Multi Provider Framework Agreement for the Provision of Transition Management Services Primarily in Support of the Local Government Pension Scheme

Reference number

NCCT42947

two.1.2) Main CPV code

  • 66520000 - Pension services

two.1.3) Type of contract

Services

two.1.4) Short description

In addition to Norfolk County Council, the Founder Authorities listed in this Contract Notice have established a multi-provider Framework Agreement for Transition Management Services to be available to all LGPS Funds and other bodies as listed in the Contract Notice.

two.1.6) Information about lots

This contract is divided into lots: Yes

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £15,000,000

two.2) Description

two.2.1) Title

Transition Management and Implementation Services

Lot No

1

two.2.2) Additional CPV code(s)

  • 66131100 - Pension investment services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

To provide a wide range of services in relation to Transition and Implementation Services.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 80

Cost criterion - Name: Price / Weighting: 20

two.2.11) Information about options

Options: No

two.2) Description

two.2.1) Title

Transition Management Advisory Services

Lot No

2

two.2.2) Additional CPV code(s)

  • 66520000 - Pension services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

To provide a wide range of services in relation to Transition Management Advisory Services

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 80

Cost criterion - Name: Price / Weighting: 20

two.2.11) Information about options

Options: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2024/S 000-032648


Section five. Award of contract

Lot No

Lot 1

Title

Transition Management and Implementation Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

10 February 2025

five.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 1

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

BlackRock Investment Management (UK) Ltd

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

2020394

The contractor is an SME

No

five.2.3) Name and address of the contractor

Macquarie Capital (Europe) Limited

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

03704031

The contractor is an SME

No

five.2.3) Name and address of the contractor

The Northern Trust Company

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

BR001960

The contractor is an SME

Yes

five.2.3) Name and address of the contractor

Russell Investments Implementation Services Limited

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

415353

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £15,000,000


Section five. Award of contract

Lot No

Lot 2

Title

Transition Management Advisory Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

10 February 2025

five.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Hymans Robertson LLP

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

OC310282

The contractor is an SME

No

five.2.3) Name and address of the contractor

Mercer Ltd

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

984275

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £15,000,000


Section six. Complementary information

six.3) Additional information

The figures/values stated do not reflect the true volume of business. There is no guarantee of business, but the expectation is that up to £15,000,000.00 could be procured against this Framework Agreement.

six.4) Procedures for review

six.4.1) Review body

Nplaw

Norwich

Country

United Kingdom