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Official procurement procedure

Devon Pension Fund Independent Person

Below threshold - limited competition
No classification published
Location not published
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Intelligence
Published evidence · v1
Suitable for SMEs
Prepared 8 Sept 2026, 03:19 BST
A pre-calculated analytical view of official UK procurement facts, competition benchmarks and decision timelines.
Bid readiness
Review notice
Submission deadline not published
Check official notice for submission route
Scope structure
1lots
1 lot · 1 published item
CPV family not published
Decision Velocity
~46 days
Typical sector award window after deadline
Sector median: 46 days
Contract lifecycle
Published
Nearest end: 30 Sept 2029, 23:59 BST
No published extension signal
Pricing & Budget Savings
£90,000
Contract/award value: £90,000
1 award supplier linked
Bidding Competition
4 bids
3 SME bids
No bid spread metrics published
Sector Market Benchmark (CPV 66)
Based on 2,605 published procedures
Median Winning Discount
20.14%
Award reduction below published budget
Typical Bids Received
3 bidders
Median competitive participation in sector
Typical Evaluation Window
46 days
Median time between deadline and award
Top Contenders in this Sector (CPV 66)
Active commercial suppliers winning public contracts in this field
SupplierAwards won in sectorTotal awarded valueAvg. winning discount
ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANYCRN: 00024869
51 contracts£66,472,954At ceiling / not disclosed
AMERICAN INTERNATIONAL GROUP UK LIMITEDCRN: 10737370
30 contracts£12,167,396At ceiling / not disclosed
ZURICH INSURANCE COMPANY LTDCRN: BR000105
27 contracts£147,064,124-27.8% below budget
ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITEDCRN: SC108909
23 contracts£541,940,812-42.4% below budget
INTACT INSURANCE IRELAND DAC UK BRANCHCRN: BR022229
23 contracts£72,480,270-39.6% below budget
Marsh LimitedCRN: 01507274
21 contracts£544,650,134At ceiling / not disclosed
Marsh LimitedCRN: 01507274
20 contracts£349,185,609-35.6% below budget
RISK MANAGEMENT PARTNERS LTD.CRN: 02989025
17 contracts£79,801,412-16.7% below budget
Zurich Municipal
15 contracts£271,117,776At ceiling / not disclosed
KPMG LLPCRN: OC301540
14 contracts£761,360,100-14.3% below budget
Evidence coverage
8/12 core inputs published
Standard procedure facts
Comparable published opportunities
Historic records ranked from matching published evidence. They are research comparables, not expected competitors or a price forecast.
No sufficiently evidenced comparable record has been calculated yet.
Method: tender-intelligence-v1. Values and dates are retained OCDS facts; missing source data remains unknown.
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Devon County Council: "Devon Pension Fund Independent Person". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDevon County CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & Regime2023/54 · Below threshold - limited competitionEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Devon County Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Devon County Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
15.25Bids / Report (median)
12.5% of reports have one bid
Supplier ConcentrationModerate Concentration
Sherwoods (SW) LimitedTop vendor: 43.08% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 94 active published awards; 16 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority (All Sectors):
No direct historical awards retained specifically in CPV 66; showing top suppliers across overall authority spend.
Supplier NameHistoric AwardsAttributable ValueAvg. Price Discount
Sherwoods (SW) Limited1 win£814,189—
Severnside Security Ltd1 win£656,248—
LACEY HICKIE & CALEY LIMITED1 win£160,000—
Ridge and Partners LLP1 win£125,000—
Apex Investment Advisers Limited1 win£90,000—
Procedure terms
Contracting AuthorityDevon County Council
Procedure methodBelow threshold - limited competition
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisUKPGA · 2023/54
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published28 Aug 2026, 16:13 BST
Last source update28 Aug 2026, 16:13 BST
Recurring procurementNot published
ClassificationNot published
Delivery areaLocation not published
OCIDocds-h6vhtk-06e66b
What is being bought
Devon County Council needs to appoint an Independent Person for the Devon Pension Fund. The Devon Pension Fund is £6.8 billion fund, with over 270 employers paying into the fund and over 100,000 members of the Pension Scheme (contributors, pensioners and deferred pensioners). The fund is managed by Devon County Council, who act as the administering authority, in accordance with regulations approved by Parliament. The Independent Person will provide independent advice and support to the Investment and Pension Fund Committee to enable them to provide effective governance and management of the Fund’s administration of pensions, and the Fund’s investments and funding, including investment strategy, performance monitoring and effective risk management.
What changed
From the official release history
  1. Official notice release published
    28 Aug 2026, 16:13 BST
  2. Official notice release published
    18 Aug 2026, 11:39 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    complete
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    28 Aug 2026, 16:13 BST
  2. Award active
    17 Aug 2026, 00:00 BST · £90,000
  3. Contract active
    Signed 28 Aug 2026, 00:00 BST · £90,000
Commercial outcome and competition
Awards
Apex Investment Advisers Limited
£90,000 · 17 Aug 2026, 00:00 BST · active · lots 1
Contracts
Pension Fund Independent Person
£90,000 · signed 28 Aug 2026, 00:00 BST · active
Contract period: 1 Oct 2026, 00:00 BST — 30 Sept 2029, 23:59 BST
Bid statistics
bids: 4 (lot 1)
finalStageBids: 3 (lot 1)
smeFinalStageBids: 3 (lot 1)
vcseFinalStageBids: 0 (lot 1)
Buyer and organisations in this procedure

Devon County Council

Contracting authority GB-PPON-PJRC-4623-RJBH
View buyer profile

  • Devon County Council
    buyer

    GB-PPON: PJRC-4623-RJBH
    County Hall, Exeter, UKK43, EX2 4QD, GB
    [email protected]
    +44 1392383000

  • Apex Investment Advisers Limited
    supplier

    GB-PPON: PZGP-9247-LGWP
    140 Aldersgate Street, London, UKI31, EC1A 4HY, GB
    [email protected]
    020 39947199
Award and contract changes
Documents (2)
Official links; attachments are not copied
Related procedures (0)
No data
No related procedures published