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Published 9 Jun 2026, 09:49 BST

Official UK procurement notice

Independent Member / Chair of the Dyfed Pension Fund and/or Powys Pension Fund

Official notice

Authority: Powys County Council (Local council)·Consortium: 2 public authorities

2 lotsServicesBelow threshold - open competitionBelow thresholdSME suitable
Sectors: Financial and insurance services (66)Administration, defence and social security services (75)Business Services & Consultancy (79) Delivery: UKWales (UKL14)
Published estimate£135,000total for 2 lots · £170,000 inc. VAT · 1 value update
Submissions closed 31 Aug 2026
Lots 2see the lot list below
Contract term Varies by lotfirst lot 3 yrs from 1 Oct 2026 · see each lot

What is being bought2 lots · detail below

Published requirement description

Carmarthenshire County Council and Powys County Council (the ‘Councils’) are unitary local authorities in South-West/Mid Wales and as the administering authorities of the Dyfed Pension Fund and Powys Pension Fund respectively, are both seeking an Independent Member / Chair for their separate Pension Boards.

CPV: Business and management consultancy and related services · General public services · Government employee pension schemes · Insurance and pension services · Pension fund management services · Pension investment services · Stakeholders representation services

Lots and requirements (2)Procurement structure

2 lots · all with a published value (£135,000 together)
Lot #1Carmarthenshire County CouncilRenewal 3 yrsSMEPublished value£75,000

Independent Member / Chair of the Dyfed Pension Fund

Contract period: 1 Oct 2026 – 30 Sept 2029 (3 yrs) · up to 30 Sept 2031 with extensionsValue: £75,000 exc. VAT · £90,000 inc. VAT
Delivery: UK, WalesEligibility: SME eligible
Extensions: The contract will be let for an initial period of three (3) years, with the option to extend for a further period of up to two (2) years. Any extension will be at the sole discretion of the Contracting Authority and will be subject to: -satisfactory performance, including achievement of agreed KPIs; -continued availability of funding and approval; -the ongoing requirement for the services; and -no material changes to the scope or value that would require a new procurement exercise. The Contracting Authority may exercise the extension in whole or in part (e.g. in annual increments), by providing written notice to the contractor in advance of the contract expiry date.
66131100 Pension investment services66141000 Pension fund management services66500000 Insurance and pension services75110000 General public services75320000 Government employee pension schemes79112100 Stakeholders representation services
Lot #2Powys County Council 4 yrsSMEPublished value£60,000

Independent Member / Chair of the Powys Pension Fund

Contract period: 1 Oct 2026 – 30 Sept 2030 (4 yrs)Value: £60,000 exc. VAT · £80,000 inc. VAT
Delivery: UK, WalesEligibility: SME eligible
66131100 Pension investment services66141000 Pension fund management services66500000 Insurance and pension services75110000 General public services75320000 Government employee pension schemes79112100 Stakeholders representation services

Procedure terms & legal framework

From the official record
Procedure method
Below threshold - open competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
9 Jun 2026, 09:49 BST
Last source update
24 Jul 2026, 15:09 BST
Authority reference
itt_125106
FTS notice number
2026/S 000-070394
Latest notice
Tender notice (UK4)
Classification (CPV)
Business and management consultancy and related servicesGeneral public servicesGovernment employee pension schemesInsurance and pension servicesPension fund management servicesPension investment servicesStakeholders representation services
Delivery area
UKWales (UKL14)
Official registry OCID
ocds-h6vhtk-06b076 Find a Tender

How it was run

Official notice
Run through: Sell2Wales · Who buys & how to bid on Sell2Wales
Supplier login requiredElectronic submission allowed
Access & registration note: Free Wales registration; eTenderWales runs on Jaggaer
Submission deadline
31 Aug 2026, 12:00 BST
Clarification deadline
24 Aug 2026, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

etenderwales.ukp.app.jaggaer.com/home.html ↗

Timeline

9 Jun 2026 → 1 Oct 2026 · 6 dates
  1. Planning notice published134 days ago
    9 Jun 2026, 09:49 BST
  2. Next notice expected111 days ago
    1 Jul 2026, 23:59 BST
  3. Tender notice published89 days ago
    24 Jul 2026, 15:09 BST
  4. Clarification questions by58 days ago
    24 Aug 2026, 12:00 BST
  5. Submission deadline51 days ago
    31 Aug 2026, 12:00 BST
  6. Contract starts20 days ago
    1 Oct 2026, 00:00 BST

Notice history

4 events · 2 releases on Find a Tender · since 9 Jun 2026
  1. Planned procurement notice published
    9 Jun 2026, 09:49 BST
    UK3
  2. Tender notice published
    24 Jul 2026, 15:09 BST
    UK4
  3. Status changed to active
    24 Jul 2026, 15:09 BST
  4. Deadline moved to 31 Aug 2026, 12:00 BST
    24 Jul 2026, 15:09 BST
    +14 days · was 17 Aug 2026, 12:00 BST

Contracting authority & participating public bodies

2 public bodies on the notice

Powys County Council

Contracting authorityPublic authority - sub-central governmentWelsh devolved regulations apply GB-PPON: PQBT-5413-HMDT County Hall, Llandrindod Wells, Wales, LD1 5LGContact email

Consortium members and other public bodies

  • Carmarthenshire County CouncilContracting authorityPublic authority - sub-central governmentWelsh devolved regulations applyGB-PPON: PTVL-7854-TMRZ Carmarthen, WalesContact email

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Planned procurement notice planningPlanned procurement noticeUK3Planned procurement notice on Find a Tender