Contract

A Multi-Provider Framework Agreement for the Provision of Additional Voluntary Contribution Services and Consultancy Services Associated with Additional Voluntary Contributions Primarily in Support of the Local Government Pension Scheme (LGPS)

  • NORFOLK COUNTY COUNCIL
  • Cheshire West and Chester Council (as Administering Authority of the Cheshire Pension Fund)
  • Dumfries and Galloway Council (as Administering Authority of the Dumfries and Galloway Pension Fund)
  • Leicestershire County Council (as Administering Authority of Leicestershire Pension Fund)
  • Glasgow City Council (as Administering Authority of the Strathclyde Pension Fund)

F03: Contract award notice

Notice identifier: 2024/S 000-024078

Procurement identifier (OCID): ocds-h6vhtk-03e120

Published 1 August 2024, 10:10am



Section one: Contracting authority

one.1) Name and addresses

NORFOLK COUNTY COUNCIL

Martineau Lane

NORWICH

NR1 2DH

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

Buyer's address

https://in-tendhost.co.uk/norfolkcc/aspx/Home

one.1) Name and addresses

Cheshire West and Chester Council (as Administering Authority of the Cheshire Pension Fund)

Ellesmere Port

CH65 0BE

Email

pensions@cheshirewestandchester.gov.uk

Country

United Kingdom

Region code

UKD63 - Cheshire West and Chester

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.cheshirepensionfund.org

one.1) Name and addresses

Dumfries and Galloway Council (as Administering Authority of the Dumfries and Galloway Pension Fund)

Dumfries

Email

contact@dungal.gov.uk

Country

United Kingdom

Region code

UKM92 - Dumfries & Galloway

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.dumgal.gov.uk/pensions

one.1) Name and addresses

Leicestershire County Council (as Administering Authority of Leicestershire Pension Fund)

Leicester

Email

pensions@leics.gov.uk

Country

United Kingdom

Region code

UKF21 - Leicester

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://leicsmss.pensiondetails.co.uk

one.1) Name and addresses

Glasgow City Council (as Administering Authority of the Strathclyde Pension Fund)

Glasgow

Email

spfo@glasgow.gov.uk

Country

United Kingdom

Region code

UKM82 - Glasgow City

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.spfo.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 Additional Voluntary Contribution Services and Consultancy Services Associated with Additional Voluntary Contributions Primarily in Support of the Local Government Pension Scheme (LGPS)

Reference number

NCCT42660

two.1.2) Main CPV code

  • 66520000 - Pension services

two.1.3) Type of contract

Services

two.1.4) Short description

Norfolk County Council (as Administering Authority for the Norfolk Pension Fund), on its own behalf and on behalf of Cheshire West and Chester Council (as Administering Authority of the Cheshire Pension Fund, Dumfries and Galloway Council (as Administering Authority of the Dumfries and Galloway Pension Fund), Glasgow City Council (as Administering Authority of the Strathclyde Pension Fund) and Leicestershire County Council (as Administering Authority of Leicestershire Pension Fund) sought to let a multi-lot, multi-provider framework agreement for the provision of Additional Voluntary Contribution Services and Consultancy Services Associated with Additional Voluntary Contributions primarily in support of the Local Government Pension Scheme (LGPS).

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: £3,000,000

two.2) Description

two.2.1) Title

Additional Voluntary Contribution Services

Lot No

1

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

The LGPS has a regulatory responsibility to offer an AVC facility for its scheme members. Each fund administers the LGPS for significant numbers of employers and multiple payroll providers. This lot is provides a replacement or an additional AVC facility for LGPS funds .

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 80

Price - Weighting: 20

two.2.11) Information about options

Options: No

two.2) Description

two.2.1) Title

Consultancy Services associated with Additional Voluntary Contributions

Lot No

2

two.2.2) Additional CPV code(s)

  • 66523000 - Pension fund consultancy 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 advisory services in relation to Additional Voluntary Contribution Services.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 80

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.1.8) 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: 2023/S 000-034703

four.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice


Section five. Award of contract

Lot No

1

Title

Additional Voluntary Contribution Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

1 May 2024

five.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 0

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

Legal & General Assurance Society

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

1006112

The contractor is an SME

No

five.2.3) Name and address of the contractor

Prudential Assurance Company

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

00015454

The contractor is an SME

No

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

Initial estimated total value of the contract/lot: £1

Total value of the contract/lot: £1


Section five. Award of contract

Lot No

2

Title

Consultancy Services associated with Additional Voluntary Contributions

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

1 May 2024

five.2.2) Information about tenders

Number of tenders received: 5

Number of tenders received from SMEs: 0

Number of tenders received by electronic means: 5

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

five.2.3) Name and address of the contractor

Barnett Waddingham LLP

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

OC307678

The contractor is an SME

No

five.2.3) Name and address of the contractor

Lane, Clark & Peacock LLP

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

OC301436

The contractor is an SME

No

five.2.3) Name and address of the contractor

Mercer Ltd

Liverpool

Country

United Kingdom

NUTS code
  • UKD72 - Liverpool
Companies House

00984275

The contractor is an SME

No

five.2.3) Name and address of the contractor

Aon Investments Ltd

London

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

5913159

The contractor is an SME

No

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

Total value of the contract/lot: £3,000,000


Section six. Complementary information

six.3) Additional information

Please note the contract values are indicative as there is no guarantee of business.

Lot 1 - there is no cost to contracting authorities as the contract sits between the scheme member and the AVC provider for which we have no visibility of costs on the agreements.

Lot 2 - the expectation is that the value will be between £1,000,000 and £3,000,000 over the life of the framework.

In addition to those listed in this notice, the framework may also be used by:

• any LGPS administering authorities as defined in the Local Government Pension Scheme Regulations 2013 (SI 2013/2356) (as amended) including the firefighters' pension scheme and police pension schemes and any of their participating employing authorities, or in relation to the LGPS in Scotland, any administering authority and any of their scheme employers as defined in the Local Government Pension Scheme (Scotland) Regulations 2018 (SSI 2018/141) (as amended);

• NILGOSC in Northern Ireland and employing authorities as defined in the Local Government Pension Scheme Regulations (Northern Ireland) 2014 SRNI/188 (as amended)

• the Board of the Pension Protection Fund (http://www.pensionprotectionfund.org.uk)

• any other administering authority or organisation of a public sector pension scheme or any public sector body or that requires pension related services;

• any common asset pool or collective investment vehicle established by or on behalf of an administering authority or group of administering authorities; or

• any bodies, organisations or companies established by them for the purpose of operating on a collective basis.

six.4) Procedures for review

six.4.1) Review body

Nplaw

Norwich

Country

United Kingdom