Contract Award for the provision of Pension Fund Investment Management Consultancy Services

A Contract Award Notice
by THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£500K
Sector
BUSINESS
Published
06 Sep 2023
Delivery
not specified
Deadline
n/a

Concepts

Location

London

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

The Royal Borough of Kensington & Chelsea (RBKC) has awarded a consultancy services contract to Mercer Ltd. The contract is for the provision of pension fund investment management consultancy and was procured using the National LGPS Frameworks under the Investment Management Consultancy Services Framework Agreement (NCCT42289) Lot 1-Investment Consultancy Services via a further competition. The contract was established for an initial duration of 3 years from 1 September 2023, with the option to extend for 2 years at the RBKC’s discretion.

Total Quantity or Scope

The Investment Consultant is contracted to provide a wide range of advisory services in relation to investment management support and work with the fund’s actuary on an on-going basis in respect of the integrated management of fund assets and liabilities.

Award Detail

1 Mercer (London)
  • Contract Award for the provision of Pension Fund Investment Management Consultancy Services
  • Reference: 1
  • Num offers: 4
  • Value: £500,000

Award Criteria

Method Statements 35.0
Social Value 10.0
Presentation 25.0
PRICE 30.0

CPV Codes

  • 66523000 - Pension fund consultancy services
  • 66131100 - Pension investment services

Indicators

  • Award on basis of price.

Reference

Domains