SE Pension Scheme – Administrative, Actuarial and Ancillary Services

A Contract Award Notice
by SCOTTISH ENTERPRISE

Source
Find a Tender
Type
Contract (Services)
Duration
4 year (est.)
Value
£2M
Sector
BUSINESS
Published
28 Mar 2024
Delivery
To 07 Mar 2028 (est.)
Deadline
n/a

Concepts

Location

Glasgow

Geochart for 3 buyers and 1 suppliers

3 buyers

1 supplier

Description

The purpose of this ITT is to appoint a single supplier to deliver Pensions - Administrative, Actuarial and Ancillary Services on behalf of the Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme). The supplier must be able to deliver all the services under this part of the contract.

Award Detail

1 Hymans Robertson (Glasgow)
  • Reference: p24-0011
  • Num offers: 1
  • Value: £1,835,750

Award Criteria

Quality 60.0
PRICE 40.0

CPV Codes

  • 66141000 - Pension fund management services
  • 66523000 - Pension fund consultancy services
  • 66520000 - Pension services
  • 66522000 - Group pension services
  • 66131100 - Pension investment services
  • 66523100 - Pension fund administration services

Indicators

  • Award on basis of price.

Other Information

This is a relevant climate change contract, bidders are required to complete and return the attached Climate Change Plan template. SPD Statement for 2A.17 – Form of Participation (Notably as part of a group, consortium, joint venture or similar). Any contract will be entered into with the nominated lead organisation and all members of the consortium, who will in these circumstances each be required to execute said contract together with all ancillary documentation, evidencing their joint and several liability in respect of the obligations and liabilities of the contract. It will be for members of the consortium to sort out their respective duties and liabilities amongst each other. For administrative purposes, any associated documentation will be sent to the nominated lead organisation. SPD Statement for 2C.1 - Where the main bidder relies on the capacities of other entities in order to meet the selection criteria, the bidder must provide a separate SPD response setting out the information required under SPD (Scotland): Part II (sections A and B); Part III exclusion grounds; the relevant part of Section IV selection criteria; and Part V (if applicable) for each of the entities concerned. SPD Statement for 2D.1.2 – If the bidder proposes to subcontract any part(s) of the service and those sub-contractors are not relied upon, they should arrange for a separate SPD response from each potential subcontractor. The subcontractors must complete the relevant parts of the SPD (Scotland) (Sections A and B of Part II and Part III only) to self-declare whether there are grounds for their exclusion. [This may be requested at the selection stage or prior to the subcontractor commencing work on the contract.] (SC Ref:762396)

Reference

Domains