Award

Pension Fund: Investment Consultancy

  • Isle of Wight Council

UK6: Contract award notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-037524

Procurement identifier (OCID): ocds-h6vhtk-05595b (view related notices)

Published 4 July 2025, 3:34pm



Scope

Reference

DN780802

Description

Short term 12-month investment consultancy contract, based on the terms of the existing contract to allow continuation of services until a full formal tender process can be run and the outcome of the Government's Fit For Future consultation is known including the implications on the Fund's investment advice going forward.


Contract 1. Pension Fund: Investment Consultancy

Supplier

Contract value

  • £250,000 excluding VAT
  • £300,000 including VAT

Above the relevant threshold

Award decision date

4 July 2025

Standstill period

  • End: 16 July 2025
  • 8 working days

Earliest date the contract will be signed

17 July 2025

Contract dates (estimated)

  • 18 July 2025 to 17 July 2026
  • 1 year

Main procurement category

Services

CPV classifications

  • 66141000 - Pension fund management services

Contract locations

  • UKJ34 - Isle of Wight

Procedure

Procedure type

Direct award


Supplier

HYMANS ROBERTSON LLP

  • Companies House: OC310282
  • Public Procurement Organisation Number: PYMN-5522-MWDX

One London Wall

London

EC2Y 5EA

United Kingdom

Region: UKI31 - Camden and City of London

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Supported employment provider: No

Public service mutual: No

Contract 1. Pension Fund: Investment Consultancy


Contracting authority

Isle of Wight Council

  • Public Procurement Organisation Number: PGYX-7387-YJXG

County Hall

Newport

PO30 1UD

United Kingdom

Region: UKJ34 - Isle of Wight

Organisation type: Public authority - sub-central government