Official UK procurement notice
FIN005/2024 Teesside Pension Administration Service
Authority: Middlesbrough Council (Local council)·Consortium: 2 public authorities
Sectors: Financial and insurance services (66) Delivery: North East (UKC12)
Published estimate£8,000,000exc. VAT1.3% below published estimate
Submissions closed 1 Jan 2025awarded 9 Oct 2024
Awarded to Tyne and Wear Pension Fund
What is being bought
Published requirement descriptionTeesside Pension Administration Service
CPV: Financial and insurance services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£8,000,000
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).
How bids were scored
Published award criteria (2)
- Quality: 60
- Price: 40
What this means for your bid
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- 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
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 31 Dec 2024, 11:53 GMT
- Last source update
- 6 Jan 2025, 15:58 GMT
- Award evaluation window
- 14 Jun 2024 – …
- Authority reference
DN727191- FTS notice number
2025/S 000-000227- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04cd2cFind a Tender
How it was run
Official noticeRun through: ProContract (Due North) · Who buys & how to bid on ProContract
Access & registration note: Free · short registration with manual review; public opportunity list
- Submission deadline
- 1 Jan 2025, 16:30 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 14 Jun 2024, 16:30 BST
Detailed submission instructions & authority contactsFrom official release
Timeline
14 Jun 2024 → 6 Jan 2025 · 3 dates- Bids opened14 Jun 2024, 16:30 BST
- Submission deadline1 Jan 2025, 16:30 GMT
- Notice published6 Jan 2025, 15:58 GMT
Notice history
2 events · 2 releases on Find a Tender · since 6 Jan 2025- Status changed to complete6 Jan 2025, 15:58 GMT
- Buyer details updated6 Jan 2025, 15:58 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £7,893,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 9 Oct 2024
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Tyne and Wear Pension FundSME | £7,893,000 † | — | Awarded |
Contracts
Contract 000227-2025-1 · Tyne and Wear Pension FundSME
- Signed
- 9 Oct 2024
- Value
- £7,893,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- Middlesbrough CouncilReview body
Bidders & participating suppliers
1 commercial party on the notice- Tyne and Wear Pension FundAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.