Defined Benefit Administration Services

A Tender Notice
by SCOTIA GAS NETWORKS LIMITED

Source
Find a Tender
Type
Framework (Services)
Duration
35.5 month
Value
___
Sector
BUSINESS
Published
03 Sep 2021
Delivery
To 01 Sep 2024 (est.)
Deadline
17 Sep 2021 16:00

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

SGN operates a closed defined benefit (final salary) pension arrangement which is registered in the UK and governed by a Trustee Board. The Scheme is currently administered by SSE Pensions, by their in-house Team in Perth, and the Scheme Actuary is Hymans Robertson LLP. The Scheme has been in force in its current form since 2005. It has assets of c£1.3bn, is relatively well funded, and is looking for a high quality administrative and secretariat service to operate from autumn 2022.

Total Quantity or Scope

Management and Administration of Defined Benefits pension Scheme

Renewal Options

Renewal to be discussed after initial three year period

CPV Codes

  • 66141000 - Pension fund management services

Indicators

  • Variant bids may be considered.
  • This is a one-off contract (no recurrence)
  • Options are available.
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains