A Multi-Provider Framework Agreement for the Provision of Additional Voluntary Contribution Services and Consultancy Services Associated with Additional Voluntary Contributions Primarily in Support of the Local Government Pension Scheme (LGPS)

A Tender Notice
by NORFOLK COUNTY COUNCIL

Source
Find a Tender
Type
Framework (Services)
Duration
4 year
Value
___
Sector
BUSINESS
Published
23 Nov 2023
Delivery
To 18 Dec 2027 (est.)
Deadline
08 Jan 2024 14:00

Concepts

Location

United Kingdom:

Geochart for 5 buyers and 0 suppliers

5 buyers

Description

Norfolk County Council (as Administering Authority for the Norfolk Pension Fund), on its own behalf and on behalf of Cheshire West and Chester Council (as Administering Authority of the Cheshire Pension Fund, Dumfries and Galloway Council (as Administering Authority of the Dumfries and Galloway Pension Fund), Glasgow City Council (as Administering Authority of the Strathclyde Pension Fund) and Leicestershire County Council (as Administering Authority of Leicestershire Pension Fund) wish to let a multi-lot, multi-provider framework agreement for the provision of Additional Voluntary Contribution Services and Consultancy Services Associated with Additional Voluntary Contributions primarily in support of the Local Government Pension Scheme (LGPS).

Lot Division

1 Additional Voluntary Contribution Services

The LGPS has a regulatory responsibility to offer an AVC facility for its scheme members. Each fund administers the LGPS for significant numbers of employers and multiple payroll providers. This lot is to provide a replacement or an additional AVC facility for LGPS funds . Additional information: Contracts awarded under Lot 1 of the framework may have a maximum total duration of 20 years. No contract awarded from the framework will be permitted to extend beyond 21 March 2048.
2 Consultancy Services associated with Additional Voluntary Contributions

To provide a wide range of advisory services in relation to Additional Voluntary Contribution Services. Additional information: Contracts awarded under Lot 2 of the framework may have a maximum total duration of 4 years. No contract awarded from the framework will be permitted to extend beyond 21 March 2032.

CPV Codes

  • 66520000 - Pension services
  • 66523000 - Pension fund consultancy services

Indicators

  • This is a one-off contract (no recurrence)
  • Renewals are not available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** In addition to those listed in this notice, the framework may also be used by: • any LGPS administering authorities as defined in the Local Government Pension Scheme Regulations 2013 (SI 2013/2356) (as amended) including the firefighters' pension scheme and police pension schemes and any of their participating employing authorities, or in relation to the LGPS in Scotland, any administering authority and any of their scheme employers as defined in the Local Government Pension Scheme (Scotland)Regulations 2018 (SSI 2018/141) (as amended); • NILGOSC in Northern Ireland and employing authorities as defined in the Local Government Pension Scheme Regulations (Northern Ireland) 2014 SRNI/188 (as amended) • the Board of the Pension Protection Fund (http://www.pensionprotectionfund.org.uk) • any other administering authority or organisation of a public sector pension scheme or any public sector body or that requires pension related services; • any common asset pool or collective investment vehicle established by or on behalf of an administering authority or group of administering authorities; or • any bodies, organisations or companies established by them for the purpose of operating on a collective basis.

Reference

Domains