Tender

C1248 - Pension Management Services

  • NI Water and its subsidiaries

F05: Contract notice – utilities

Notice identifier: 2024/S 000-041003

Procurement identifier (OCID): ocds-h6vhtk-04c9aa

Published 19 December 2024, 2:52pm



Section one: Contracting entity

one.1) Name and addresses

NI Water and its subsidiaries

Westland House

Belfast

BT14 6TE

Contact

sourcingniwater.com

Email

sourcing@niwater.com

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

https://etendersni.gov.uk/epps

Buyer's address

https://etendersni.gov.uk/epps

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://etendersni.gov.uk/epps

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

https://etendersni.gov.uk/epps

Tenders or requests to participate must be submitted to the above-mentioned address

one.6) Main activity

Water


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

C1248 - Pension Management Services

two.1.2) Main CPV code

  • 66520000 - Pension services

two.1.3) Type of contract

Services

two.1.4) Short description

This tender will appoint a Contractor(s) to provide pension management services (actuarial and consultancy) and consultancy services related to pay and reward to the Client’s employees and directors. The tender is split into two Lots. Economic Operations can apply for either or both of the available Lots. This Contract is for the following services: • Lot 1 Pension Management Services (actuarial and consultancy) • Lot 2 Strategic Pay and Reward Consultancy.

two.1.5) Estimated total value

Value excluding VAT: £2,950,000

two.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for maximum number of lots
2

two.2) Description

two.2.1) Title

Pension Management Services (actuarial and consultancy)

Lot No

1

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services
  • 66519600 - Actuarial services
  • 79400000 - Business and management consultancy and related services
  • 79414000 - Human resources management consultancy services
  • 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

two.2.3) Place of performance

NUTS codes
  • UKN0 - Northern Ireland

two.2.4) Description of the procurement

This tender will appoint a Contractor(s) to provide pension management services (actuarial and consultancy) and consultancy services related to pay and reward to the Client’s employees and directors. The tender is split into two Lots. Economic Operations can apply for either or both of the available Lots. This Contract is for the following services: • Lot 1 Pension Management Services (actuarial and consultancy) • Lot 2 Strategic Pay and Reward Consultancy.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70

Cost criterion - Name: Price / Weighting: 30

two.2.6) Estimated value

Value excluding VAT: £1,850,000

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months

36

This contract is subject to renewal

No

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No

two.2) Description

two.2.1) Title

Strategic Pay and Reward services

Lot No

2

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services
  • 66519600 - Actuarial services
  • 79400000 - Business and management consultancy and related services
  • 79414000 - Human resources management consultancy services
  • 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

two.2.3) Place of performance

NUTS codes
  • UKN0 - Northern Ireland

two.2.4) Description of the procurement

This tender will appoint a Contractor(s) to provide pension management services (actuarial and consultancy) and consultancy services related to pay and reward to the Client’s employees and directors. The tender is split into two Lots. Economic Operations can apply for either or both of the available Lots. This Contract is for the following services: • Lot 1 Pension Management Services (actuarial and consultancy) • Lot 2 Strategic Pay and Reward Consultancy.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70

Cost criterion - Name: Price / Weighting: 30

two.2.6) Estimated value

Value excluding VAT: £1,100,000

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months

36

This contract is subject to renewal

No

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Negotiated procedure with prior call for competition

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.2.2) Time limit for receipt of tenders or requests to participate

Date

23 January 2025

Local time

12:00pm

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 23 April 2025


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: No

six.4) Procedures for review

six.4.1) Review body

Northern Ireland Water

Belfast

Country

United Kingdom