Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
NORFOLK COUNTY COUNCIL
Martineau Lane
NORWICH
NR1 2DH
UK
Contact person: Julie Ward
Telephone: +44 1603224320
E-mail: julie.ward@norfolk.gov.uk
NUTS: UKH15
Internet address(es)
Main address: www.norfolk.gov.uk
Address of the buyer profile: https://in-tendhost.co.uk/norfolkcc/aspx/Home
I.1) Name and addresses
Cheshire West and Chester Council (as Administering Authority of the Cheshire Pension Fund)
Ellesmere Port
CH65 0BE
UK
E-mail: pensions@cheshirewestandchester.gov.uk
NUTS: UKD63
Internet address(es)
Main address: www.cheshirepensionfund.org
I.1) Name and addresses
Dumfries and Galloway Council (as Administering Authority of the Dumfries and Galloway Pension Fund)
Dumfries
UK
E-mail: contact@dungal.gov.uk
NUTS: UKM92
Internet address(es)
Main address: https://www.dumgal.gov.uk/pensions
I.1) Name and addresses
Leicestershire County Council (as Administering Authority of Leicestershire Pension Fund)
Leicester
UK
E-mail: pensions@leics.gov.uk
NUTS: UKF21
Internet address(es)
Main address: https://leicsmss.pensiondetails.co.uk
I.1) Name and addresses
Glasgow City Council (as Administering Authority of the Strathclyde Pension Fund)
Glasgow
UK
E-mail: spfo@glasgow.gov.uk
NUTS: UKM82
Internet address(es)
Main address: https://www.spfo.org.uk
I.2) Joint procurement
The contract involves joint procurement
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
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)
Reference number: NCCT42660
II.1.2) Main CPV code
66520000
II.1.3) Type of contract
Services
II.1.4) Short 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) sought 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).
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
3 000 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Additional Voluntary Contribution Services
II.2.2) Additional CPV code(s)
66520000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
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 provides a replacement or an additional AVC facility for LGPS funds .
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 80
Price
/ Weighting:
20
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Consultancy Services associated with Additional Voluntary Contributions
II.2.2) Additional CPV code(s)
66523000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
To provide a wide range of advisory services in relation to Additional Voluntary Contribution Services.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 80
Price
/ Weighting:
20
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-034703
IV.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
Section V: Award of contract
Lot No: 1
Title: Additional Voluntary Contribution Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/05/2024
V.2.2) Information about tenders
Number of tenders received: 2
Number of tenders received from SMEs: 0
Number of tenders received by electronic means: 2
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Legal & General Assurance Society
1006112
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Prudential Assurance Company
00015454
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 1.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Title: Consultancy Services associated with Additional Voluntary Contributions
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/05/2024
V.2.2) Information about tenders
Number of tenders received: 5
Number of tenders received from SMEs: 0
Number of tenders received by electronic means: 5
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Barnett Waddingham LLP
OC307678
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Lane, Clark & Peacock LLP
OC301436
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Mercer Ltd
00984275
Liverpool
UK
NUTS: UKD72
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Aon Investments Ltd
5913159
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Hymans Robertson LLP
OC310282
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 3 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
Please note the contract values are indicative as there is no guarantee of business.
Lot 1 - there is no cost to contracting authorities as the contract sits between the scheme member and the AVC provider for which we have no visibility of costs on the agreements.
Lot 2 - the expectation is that the value will be between £1,000,000 and £3,000,000 over the life of the framework.
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.
VI.4) Procedures for review
VI.5) Date of dispatch of this notice
01/08/2024