Official UK procurement notice
LUV01197 Sole Trustee for PAS
Authority: University of Leicester (Education)
What is being bought
Published requirement descriptionSole Trustee and Secretary Services for University of Leicester Pension Assurance Scheme (PAS).
The University of Leicester is seeking to move to a sole trustee model for its legacy defined benefit pension scheme, the Pension and Assurance Scheme (PAS), during 2024.
- Recurrence: December 2028
CPV: Group pension services · Pension services
The lotProcurement structure
single lot · value publishedLot #1AwardedPublished value£250,000
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).
Published award criteria (2)
- Quality: 80
- Price: 20
- Suitability
Providing independent professional advice to the scheme and employer in line with the Standards and Code of Practices to deliver Sole Trusteeship:
oProfessional Standards (appt.org.uk)
oAPPT CoP for Sole Trusteeships – final – APPT (Association of Professional Pension Trustees)
- Technical & professional ability
Providing independent professional advice to the scheme and employer in line with the Standards and Code of Practices to deliver Sole Trusteeship:
oProfessional Standards (appt.org.uk)
oAPPT CoP for Sole Trusteeships – final – APPT (Association of Professional Pension Trustees)
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 20 of 100 points: a 10% discount moves about 2 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 · 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
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes · December 2028
- First published
- 22 Mar 2024, 16:05 GMT
- Last source update
- 15 Nov 2024, 10:05 GMT
- Award evaluation window
- 29 Apr 2024 – …
- Authority reference
LUV01197- FTS notice number
2024/S 000-036956- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-044bfeFind a Tender
- Performance terms
As per ITT
- Review procedure
In accordance with Regulations 86 and 87 of the Public Contracts Regulations 2015, the University will incorporate a 10 calendar days standstill period starting from the day information on the award of the contract was communicated to tenderers. The regulations provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).
Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=894597297 GO Reference: GO-20241115-PRO-28539616
How it was run
Official notice- Submission deadline
- 24 Apr 2024, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 29 Apr 2024, 09:00 BST
Timeline
24 Apr 2024 → 15 Nov 2024 · 3 dates- Submission deadline24 Apr 2024, 12:00 BST
- Bids opened29 Apr 2024, 09:00 BST
- Notice published15 Nov 2024, 10:05 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete15 Nov 2024, 10:05 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Dalriada Trustees Limited | £370,000 † | — | Awarded |
Contracts
LUV01197 Sole Trustee For PAS · Dalriada Trustees Limited
- Signed
- 11 Nov 2024
- Value
- £370,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 9bids · 9 electronic · 9 from abroad | 6 | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Dalriada Trustees LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria