Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Isle of Wight Council
County Hall, High Street
Newport
PO30 1UD
UK
Contact person: Mrs Vanessa Squibb
Telephone: +44 1983821000
E-mail: vanessa.squibb@iow.gov.uk
NUTS: UKJ34
Internet address(es)
Main address: http://www.iow.gov.uk
Address of the buyer profile: http://www.iow.gov.uk
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
Pension Administration Support
Reference number: DN725627
II.1.2) Main CPV code
79620000
II.1.3) Type of contract
Services
II.1.4) Short description
Pension Administration Support for 12 month period.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
349 800.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66523100
II.2.3) Place of performance
NUTS code:
UKJ34
II.2.4) Description of the procurement
Pension Administration Support for 12 month period in relation to the Isle of Wight Council Pension Fund. Provision of up to 120 hours of senior pension administrator per month, to be used as required, to support business-as-usual administration tasks and/or project administration and/or training in relation to the pension fund over the next twelve months.
II.2.5) Award criteria
Price
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
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The works, supplies or services can be provided only by a particular economic operator for the following reason: absence of competition for technical reasons
Explanation
This urgent need has been created due to several experienced members of staff from the Authority's pension fund administration team leaving the authority over the last 12 months. A recruitment campaign has been carried out however this was unsuccessful. This contract is needed whilst an internal review and re-structure takes place. During this time specialist knowledge of Local Government Pension Schemes (LGPS) is required. There are very few suppliers that can provide LGPS support services and this supplier has a dedicated team and already understand the Isle of Wight Council's Pension scheme as have been proving temporary support under an existing contract.
The Isle of Wight Council observed a 10 day standstill period which ended at midnight on 3 June 2024.
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:
2024/S 000-016446
Section V: Award of contract
Title: Pension Administration Support
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
04/06/2024
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Hymans Robertson LLP
One London Wall
London
EC2Y 5EA
UK
NUTS: UKJ34
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 349 800.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
The High Court of England and Wales
London
UK
VI.5) Date of dispatch of this notice
04/06/2024