Scope
Description
Carmarthenshire County Council, as administering authority of the Dyfed Pension Fund, seeks market views on the procurement of an Independent Member/Chair for the Pension Board.
The Council requires an Independent Member/Chair for the Dyfed Pension Fund Pension Board in accordance with LGPS Governance Regulations 2015. The Board comprises 7 members: 3 Employer Representatives, 3 Scheme Member Representatives, and 1 Independent Member/Chair.
Key responsibilities / Scope:
- Provide leadership and direction to the Pension Board
- Chair quarterly Board meetings and facilitate pre-meetings
- Present reports to Pension Committee meetings
- Ensure compliance with PSPA 2013, LGPS regulations, and Pensions Regulator Code of Practice 14
- Monitor and coordinate Board member training and knowledge requirements
- Represent the Board in Wales Pension Partnership engagement meetings
- Oversee Board effectiveness and governance arrangements
Total value (estimated)
- £75,000 excluding VAT
- £90,000 including VAT
Below the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2029
- Possible extension to 31 March 2031
- 5 years
Main procurement category
Services
CPV classifications
- 66131100 - Pension investment services
- 66141000 - Pension fund management services
- 66500000 - Insurance and pension services
- 75320000 - Government employee pension schemes
Contract locations
- UKL14 - South West Wales
Engagement
Engagement deadline
16 January 2026
Engagement process description
The Council seeks market feedback on:
Availability: Whether suitable candidates exist in the market with the required specialist LGPS and pension governance expertise.
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Publication date of tender notice (estimated)
19 January 2026
Contracting authority
Carmarthenshire County Council
- Public Procurement Organisation Number: PTVL-7854-TMRZ
County Hall
Carmarthen
SA31 1JP
United Kingdom
Contact name: Martin S Owens
Telephone: 01267 224129
Email: msowens@carmarthenshire.gov.uk
Website: https://www.carmarthenshire.gov.uk
Region: UKL14 - South West Wales
Organisation type: Public authority - sub-central government
Devolved regulations that apply: Wales