Advisor for the Local Pensions Board

2025-02-27

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Published date: 27 February 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Contract summary

Industry

Pension investment services - 66131100

Pension fund management services - 66141000

Insurance and pension services - 66500000

Location of contract

England

Value of contract

£105,000

Procurement reference

NOTTSCC001-DN765173-85693699

Published date

27 February 2025

Closing date

31 March 2025

Closing time

12pm

Contract start date

8 June 2025

Contract end date

7 June 2028

Contract type

Service contract

Procedure type

Open procedure (below threshold)

What is an open procedure (below threshold)?

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Nottinghamshire County Council is the administering authority for the Local Government Pension Scheme (LGPS) within Nottinghamshire. The LGPS is a statutory scheme administered by individual pension funds.

As required by the Public Service Pensions Act 2013, the Council has a Local Pensions Board ("the Board") which assists with ensuring compliance with the regulations and the requirements of the Pensions Regulator and ensuring the effective and efficient governance and administration of the Pension Fund.

The Council is looking for an external adviser to provide reports, advice and training to the Board.