Find a TenderAwarded
Published 8 Dec 2023, 16:14 GMT

Official UK procurement notice

Members of the Senedd Pension Scheme -Third-party administration

Official notice

Authority: Senedd Cymru / Welsh Parliament (Central government)

ServicesRestricted procedure
Published estimate£365,000exc. VAT
Submissions closed 10 Jan 2024awarded 19 Jul 2024
Awarded to BROADSTONE CORPORATE BENEFITS LIMITED

What is being bought

Published requirement description

The Senedd Commission (“the Commission”) are seeking to appoint a third-party pension scheme administrator (TPA) to undertake the administration of the Members of the Senedd Pension Scheme (the Scheme).

CPV: Group pension services · Pension fund consultancy services · Pension fund management services · Pension services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal
Delivery: Wales
Extensions: Up to a maximum of a further 60 MonthsSecond stage: up to 5 candidates invited to tenderVariant bids: not allowed

What it takes to win
i

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 more
How bids were scored
Quality: 60%Price: 40%
Published sub-criteria (2)
  • See Tender Documents for Criterion: 60%
  • price: 40%
Published award criteria (2)
  • See Tender Documents for Criterion: 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 · publisher note attached
Procedure method
Restricted 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
8 Dec 2023, 16:14 GMT
Last source update
17 Sept 2024, 13:48 BST
Authority reference
1242/AD
FTS notice number
2024/S 000-029694
Classification (CPV)
Group pension servicesPension fund consultancy servicesPension fund management servicesPension services
Delivery area
Wales (UKL22)
Official registry OCID
ocds-h6vhtk-0422ee Find a Tender
Contract terms
Performance terms

Selection Criteria as outlined in the Procurement Documents

Publisher note: (WA Ref:131051) (WA Ref:143493)

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on Sell2Wales
Supplier login requiredLanguage: EN, CY
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
10 Jan 2024, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en, cy
Detailed submission instructions & authority contactsFrom official release

Timeline

10 Jan 2024 → 17 Sept 2024 · 3 dates
  1. Submission deadline
    10 Jan 2024, 12:00 GMT
  2. Invitations to tender expected
    15 Jan 2024
  3. Notice published
    17 Sept 2024, 13:48 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    17 Sept 2024, 13:48 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £110,5831 contract exc. VAT
Bids received 3
Contracts signed 1latest 19 Jul 2024
Awarded toValueDateStatus
BROADSTONE CORPORATE BENEFITS LIMITED£110,583 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic · 3 from abroad0——

Contracting authority & participating public bodies

Senedd Cymru / Welsh Parliament

Contracting authorityCentral GovernmentBody governed by public lawDevolved Legislation Senedd Cymru / Welsh Parliament, Ty Hywel, Cardiff Bay, Cardiff, Wales, CF99 1SNContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria