Find a TenderClosed
Published 24 Feb 2021, 16:40 GMT

Official UK procurement notice

Pension Administration Services · UK public procurement notice

Official notice

Authority: University of Wales Trinity Saint David (Education)

ServicesOpen procedure
Published estimate£800,000exc. VAT
Submissions closed 26 Mar 2021

What is being bought

Published requirement description

The University of Wales Trinity Saint David (hereinafter referred to as UWTSD, or the University) through its Corporate Trustee Company, UW Pensions Scheme Ltd (hereafter referred to as UWPS or the Trustee) wish to appoint an experienced provider for the provision of actuarial, investment consulting, secretarial/consultancy and administration services to its in-house defined benefit pension schemes the University of Wales Superannuation Scheme and the University of Wales, Lampeter Pension and Assurance Scheme (‘the Schemes’).

CPV: Group pension services · Insurance and pension services · Pension fund consultancy services · Pension fund management services · Pension investment services · Pension services

The lotProcurement structure

single lot · no lot value published
Lot #1Renewal
Delivery: Wales
Extensions: services that may fall outside of the core fee · The initial contract period will be for 5 years. With an annual review and with an option to extend for 1 + 1 Years.Variant 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: 70%Price: 30%
Published award criteria (2)
  • Quality: 70
  • Price: 30
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 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
Closed
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
24 Feb 2021, 16:40 GMT
Last source update
24 Feb 2021, 16:40 GMT
Award evaluation window
26 Mar 2021 – …
Authority reference
UWTSD 2021/147
FTS notice number
2021/S 000-003713
Classification (CPV)
Group pension servicesInsurance and pension servicesPension fund consultancy servicesPension fund management servicesPension investment servicesPension services
Delivery area
Wales (UKL)
Official registry OCID
ocds-h6vhtk-0295e9 Find a Tender

Publisher note: NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=108492. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.sell2wales.gov.wales/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. (WA Ref:108492)

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
26 Mar 2021, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
2700 days from the deadline
Bids opened
26 Mar 2021, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

24 Feb 2021 → 26 Mar 2021 · 3 dates
  1. Notice published
    24 Feb 2021, 16:40 GMT
  2. Submission deadline
    26 Mar 2021, 12:00 GMT
  3. Bids opened
    26 Mar 2021, 12:00 GMT

Contracting authority & participating public bodies

University of Wales Trinity Saint David

Contracting authorityEducationBody governed by public lawEducation Carmarthen Campus, Carmarthen, Wales, SA31 3EPContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.