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Official procurement procedure

LGPS Multi Provider Framework for the Provision of Stewardship Services

Pension services
South West (UKK)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BRUNEL PENSION PARTNERSHIP LIMITED: "LGPS Multi Provider Framework for the Provision of Stewardship Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBRUNEL PENSION PARTNERSHIP LIMITEDScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: BRUNEL PENSION PARTNERSHIP LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for BRUNEL PENSION PARTNERSHIP LIMITED. 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
2.5Bids / Report
50% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 2 active published awards; 2 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 Unpublished data stays unknown.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.
Procedure terms
Contracting AuthorityBRUNEL PENSION PARTNERSHIP LIMITED
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published2 Dec 2025, 12:05 GMT
Last source update2 Dec 2025, 12:05 GMT
Recurring procurementNot published
ClassificationPension services
Delivery area
South West (UKK)
OCIDocds-h6vhtk-05d8c5
What is being bought
Provision of stewardship services, including engagement with issuers and voting recommendations.
What changed
From the official release history
  1. Official notice release published
    2 Dec 2025, 12:05 GMT
  2. Status changed to complete
    3 Nov 2025, 11:23 GMT
  3. Official notice release published
    3 Nov 2025, 11:23 GMT
  4. Buyer information updated
    3 Nov 2025, 11:23 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    A contract was awarded to Hermes Equity Ownership Services Limited ("Hermes") under the National LGPS Framework for the provision of stewardship services, including engagement with issuers and voting recommendations.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    2 Dec 2025, 12:05 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 1 Dec 2021, 00:00 GMT · £850,000
Commercial outcome and competition
Awards
Hermes Equity Ownership Services Limited
Not published · Not published · active
Contracts
Contract
£850,000 · signed 1 Dec 2021, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

BRUNEL PENSION PARTNERSHIP LIMITED

Contracting authority GB-COH-10429110
View buyer profile

  • BRUNEL PENSION PARTNERSHIP LIMITED
    buyer

    GB-COH: 10429110
    5th Floor 101 Victoria Street, Bristol, UKK11, BS16PU
    legal.brunel@brunelpg.org

  • Brunel Pension Partnership Limited
    reviewBody

    Bristol

  • Hermes Equity Ownership Services Limited
    supplier

    GB-COH: 105167179
    1 so Cheapside, London, UKI, EC2V 6ET
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleBrunel Pension Partnership Limited ("Brunel") intends to extend its existing contract with Hermes for the provision of stewardship services in accordance with Regulation 72(1 )(c) on the grounds of strict necessity due to the government's announcement in May 2025 regarding pooling consolidation, which has created an urgent need to maintain continuity of stewardship services across Brunel's pooled assets. Brunel does not believe that any other single provider can deliver the breadth of required services within the necessary timeframe without causing significant operational and governance risks to the business. The services provided by Hermes are integral to Brunel's responsible investment strategy and stewardship obligations, and any disruption would materially impact Brunel's ability to meet its fiduciary and regulatory duties. The scope and terms of the contract with the incumbent remain unchanged as a result of the contract extension.