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Published 15 Sept 2023, 11:53 BST

Official UK procurement notice

Pension and Actuarial Advisory Services

Official notice

Authority: Transport for London (Public body)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: London (UKI)
Budget not disclosedValue not published
Submissions closed 16 Oct 2023

What is being bought

Published requirement description

Procurement run by Transport for London.

Requirement for a Service Provider to provide advice, consultation, negotiation and reporting for certain pension arrangements where Transport for London (or its subsidiaries) is either the principal employer or participating employer.

The procurement process is being conducted electronically on the e-Tendering portal SAP Ariba. The portal can be accessed via the following link:

(www.ariba.com/login ↗)

Suppliers interested in this tender opportunity please email [email protected] to be added to the suppliers list and to access tender pack.

To register on SAP Ariba, please use the following link:

s1-eu.ariba.com/Sourcing/Main/aw ↗

  • Recurrence: Estimated timing for further notices to be published: A new procurement is estimated to be run in early 2029 or, should the contract extension options are exercised, in early 2030

CPV: Insurance and pension services

The lotProcurement structure

single lot · no lot value published
Lot #1To provide Pension and Actuarial Advisory Services to Transport for London and its…Renewal

To provide Pension and Actuarial Advisory Services to Transport for London and its subsidiaries for a period of 6 years, with an option to extend by a further 1 year

Delivery: London
Extensions: Option to extend by up to further 12 months · Option to extend by up to further 12 monthsVariant bids: not allowed

Procedure terms & legal framework

From the official record
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
Unspecified in notice
Recurring procurement

Yes · Estimated timing for further notices to be published: A new procurement is estimated to be run in early 2029 or, should the contract extension options are exercised, in early 2030

First published
15 Sept 2023, 11:53 BST
Last source update
15 Sept 2023, 11:53 BST
Award evaluation window
16 Oct 2023 – …
Authority reference
TfL 96359
FTS notice number
2023/S 000-027318
Classification (CPV)
Insurance and pension services
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-03fcfc Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering

How it was run

Official notice
Run through: SAP Ariba · Who buys & how to bid on SAP Ariba
Supplier login requiredLanguage: EN
Access & registration note: Free buyer-specific invitations
Submission deadline
16 Oct 2023, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
16 Oct 2023, 13:00 BST
Detailed submission instructions & authority contactsFrom official release

s1-eu.ariba.com/Sourcing/Main/aw ↗

Timeline

15 Sept 2023 → 16 Oct 2023 · 3 dates
  1. Notice published
    15 Sept 2023, 11:53 BST
  2. Submission deadline
    16 Oct 2023, 12:00 BST
  3. Bids opened
    16 Oct 2023, 13:00 BST

Contracting authority & participating public bodies

Transport for London

Contracting authorityPublic bodyRegional or local authorityGeneral public services 5 ENDEAVOUR SQUARE, LONDON, London, E201JNContact name, email Published organisation website ↗

Official documents & specifications (1)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria