Scope
Reference
DN795842
Description
The Adviser must produce quarterly analyses and recommendations for the Pensions Committee meetings, attend the Committee meetings in person to brief the Committee on performance. Recommendations will be related to changes in the investment asset allocations and other matters as detailed in the Service Description section below. The adviser will give an opinion on Bromley's investments in equities, bonds, property, and other asset classes at key dates, and support the committee in scrutinising investment managers' performance. Furthermore, the adviser will be expected to maintain and update Bromley's climate change annual report.
Total value (estimated)
- £210,000 excluding VAT
- £252,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2032
- 6 years
Main procurement category
Services
CPV classifications
- 66131100 - Pension investment services
Contract locations
- UKI61 - Bromley
Participation
Legal and financial capacity conditions of participation
Please refer to the Invitation to Tender pack for the Conditions of Participation
Technical ability conditions of participation
Please refer to the Invitation to Tender pack for the Conditions of Participation
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Enquiry deadline
18 November 2025, 12:00pm
Tender submission deadline
1 December 2025, 12:00pm
Submission address and any special instructions
Tenders must be submitted through www.londontenders.org
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
5 January 2026
Award criteria
| Name | Description | Type | Weighting |
|---|---|---|---|
| Cost | Cost | 60% | |
| Quality | 1. Firm Overview & LGPS Experience 10% 2. Team Credentials & Specialist Knowledge 10% 3.1. Governance/Client Engagement & Conflicts of Interest (a) 10% 3.2. Governance/Client Engagement & Conflicts of... |
Quality | 40% |
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Contracting authority
London Borough of Bromley
- Public Procurement Organisation Number: PBBG-1282-YCXD
Bromley Civic Centre, Churchill Court, 2 Westmoreland Road
Bromley
BR1 1DP
United Kingdom
Email: procurement@bromley.gov.uk
Region: UKI61 - Bromley
Organisation type: Public authority - sub-central government