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Actuarial Services for the Local Government Pension Scheme
Financial Services

Actuarial Services for the Local Government Pension Scheme

Wednesday, 28 November 2018, 12:23

Actuarial Services for the Local Government Pension Scheme

Actuarial, Benefits and Governance Consultancy Services in Support of the Local Government Pension Scheme.

United Kingdom-London: Actuarial services

2018/S 229-524087

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

London Pensions Fund Authority (LPFA)
169 Union Street
London
SE1 0LL
United Kingdom
Contact person: Stuart Brown
E-mail: stuart.brown@localpensionspartnership.org.uk
NUTS code: UKI
Internet address(es):Main address: https://www.lpfa.org.uk/Home.aspx

I.2)Information about joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.contractsfinder.service.gov.uk/Notice/d1c60aae-4f45-47ff-b868-f14a406b53ec
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted to the abovementioned address

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Economic and financial affairs

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Actuarial, Benefits and Governance Consultancy Services in Support of the Local Government Pension Scheme to London Pensions Fund Authority (the “Actuarial Services”)

Reference number: 23112018

II.1.2)Main CPV code

66519600

II.1.3)Type of contract

Services

II.1.4)Short description:

Provision of actuarial, benefits and governance consultancy services in support of the local government pension scheme to London Pensions Fund Authority (the “Actuarial Services”).

II.1.5)Estimated total value

Value excluding VAT: 1 000 000.00 GBP

II.1.6)Information about lots

This contract is divided into lots: no
II.2)Description
II.2.1)Title:
II.2.2)Additional CPV code(s)

II.2.3)Place of performance

NUTS code: UKI

II.2.4)Description of the procurement:

Provision of actuarial, benefits and governance consultancy services in support of the local government pension scheme to London Pensions Fund Authority (the “Actuarial Services”).

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6)Estimated value

Value excluding VAT: 1 000 000.00 GBP

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 84
This contract is subject to renewal: yes
Description of renewals:

.

II.2.10)Information about variants

Variants will be accepted: no

II.2.11)Information about options

Options: no
II.2.12)Information about electronic catalogues

II.2.13)Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no
II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation
III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
III.1.2)Economic and financial standing
III.1.3)Technical and professional ability
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular profession
III.2.2)Contract performance conditions:
III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description

IV.1.1)Type of procedure

Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: no
IV.2)Administrative information
IV.2.1)Previous publication concerning this procedure

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 09/01/2019
Local time: 16:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:

English
IV.2.6)Minimum time frame during which the tenderer must maintain the tender

IV.2.7)Conditions for opening of tenders

Date: 09/01/2019
Local time: 16:01

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no
VI.2)Information about electronic workflows

VI.3)Additional information:

Please contact stuart.brown@localpensionspartnership.org.uk for further details.

VI.4)Procedures for review

VI.4.1)Review body

London Pensions Fund Authority (LPFA)
169 Union Street
London
SE1 0LL
United Kingdom
VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

23/11/2018