Official UK procurement notice
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)
Authority: Norfolk County Council (Local council)·Consortium: 8 public authorities
What is being bought2 lots · detail below
Published requirement descriptionNorfolk 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).
CPV: Pension fund consultancy services · Pension services
How this framework works
From the published notice- Bids received
- 5 bids on the busiest of 2 lots · 7 suppliers appointed
Lots and requirements (2)Procurement structure
2 lots · no lot values published · same evaluation weights on every lotLot #1Additional Voluntary Contribution ServicesAwarded
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 .
Lot #2Consultancy Services associated with Additional Voluntary ContributionsAwarded
To provide a wide range of advisory services in relation to Additional Voluntary Contribution Services.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published award criteria (2)
- Quality: 80
- Price: 20
- Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.
- “A Multi-Provider Framework Agreement for the Provision of Additional…” is a framework: the contest is a place on its panel, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 12 Jul 2023, 13:05 BST
- Last source update
- 5 Aug 2024, 08:14 BST
- Award evaluation window
- 8 Jan 2024 – …
- Authority reference
NCCT42660- FTS notice number
2024/S 000-024415- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03e120Find a Tender
- Review procedure
The Council has decided to incorporate a standstill period at the point when information on the proposed award of the contract is communicated to tenderers. The standstill period, which will be for a minimum of ten calendar days, provides time for unsuccessful tenderers to challenge the award decision before the Contract is entered into. Aggrieved parties who have been harmed or are at risk of harm by any breach of the Council's obligations may take action in the High Court (England, Wales and Northern Ireland). Proceedings must be brought within 30 days from the date of knowledge (the date on which the economic operator first knew or ought to have known that grounds for starting the proceedings had arisen) unless the Court considers that there is good reason for extending the period within which proceedings may be brought, in which case the Court may extend that period up to a maximum of 3 months from the date of knowledge.
Publisher note: 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.
How it was run
Official notice- Appointment period ends
- 8 Jan 2024, 14:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 8 Jan 2024, 14:05 GMT
Timeline
6 Nov 2023 → 5 Aug 2024 · 4 dates- Next notice expected6 Nov 2023
- Admission / appointment period endsperiod end, not a bid countdown8 Jan 2024, 14:00 GMT
- Bids opened8 Jan 2024, 14:05 GMT
- Notice published5 Aug 2024, 08:14 BST
Notice history
7 events · 4 releases on Find a Tender · since 23 Nov 2023- Status changed to active23 Nov 2023, 14:42 GMT
- Procurement method changed23 Nov 2023, 14:42 GMT
- Deadline published: 8 Jan 2024, 14:00 GMT23 Nov 2023, 14:42 GMT
- Buyer details updated23 Nov 2023, 14:42 GMT
- Status changed to complete1 Aug 2024, 10:10 BST
- Buyer details updated1 Aug 2024, 10:10 BST
- Buyer details updated5 Aug 2024, 08:14 BST
Routine re-releases (4)
- 2023-07: 1 release · 12 Jul 2023
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast3 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
All 2 of these contracts carry the same published figure, £3,000,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.
Additional Voluntary Contribution Services
- Signed
- 1 May 2024
- Value
- £1
- Status
- active
Consultancy Services associated with Additional Voluntary Contributions
- Signed
- 1 May 2024
- Value
- ceiling above
- Status
- active
Consultancy Services associated with Additional Voluntary Contributions
- Signed
- 1 May 2024
- Value
- ceiling above
- Status
- active
- Change Lane, Clark & Peacock LLP not appointed to the Framework Agreement., Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: Lane, Clark & Peacock LLP were unable to agree to the terms and conditions and therefore not appointed to the framework agreement.
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Additional Voluntary Contribution Services | 2bids · 2 electronic | 0 | — | — |
| 2 · Consultancy Services associated with Additional Voluntary Contributions | 5bids · 5 electronic | 0 | — | — |
Contracting authority & participating public bodies
6 public bodies on the noticeConsortium members and other public bodies
- Cheshire West and Chester Council (as Administering Authority of the Cheshire Pension Fund)Contracting authority
- Dumfries and Galloway Council (as Administering Authority of the Dumfries and Galloway Pension Fund)Contracting authority
- Glasgow City Council (as Administering Authority of the Strathclyde Pension Fund)Contracting authority
- Leicestershire County Council (as Administering Authority of Leicestershire Pension Fund)Contracting authority
- Norfolk County Council (as Administering Authority for Norfolk Pension Fund)Contracting authorityRegional or local authorityGeneral public services
Dispute resolution & review bodies
- NplawReview body
Framework contractors & participating bidders
7 commercial parties on the notice- Aon Investments LtdFramework contractor
- Barnett Waddingham LLPFramework contractor
- Hymans Robertson LLPFramework contractor
- Lane, Clark & Peacock LLPFramework contractor
- Legal & General Assurance SocietyFramework contractor
- Mercer LtdFramework contractor
- Prudential Assurance CompanyFramework contractor
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria