Contract for Pension Fund Actuarial Consultancy Services

1 Authority Details

1.1

Authority Name and Address

1.2

Address from which documentation may be obtained

As in 1.1

1.3

Completed documents must be returned to:

As in 1.1

2 Contract Details

2.1

Title

Provision of Pension Fund Actuarial Consultancy Services 2016-2021

2.2

Description of the goods or services required

Expressions of interest are invited from suitably qualified and experienced service providers who wish to be considered for the provision of Pension Fund Actuarial Consultancy Services.

It is anticipated that the contract shall commence on 1 June 2016 ending on 31 May 2021.

NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=438011.

The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at http://www.publiccontractsscotland.gov.uk/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.

2.3

Notice Coding and Classification

a) Commodity Codes

b) Delivery Location/Area

2.4

Total quantity or scope of tender

3 Conditions for Participation

3.1

Minimum standards and qualification required

Applicants must provide the following financial and technical information when expressing interest:

Details of corporate structure and ownership;

Three years audited accounts and business reports for the contracting entity;

A current bank reference report to a minimum of £50,000;

Evidence of current Employers Liability and Public Liability Insurances to a minimum of £10m and £5m respectively and Professional Indemnity Insurance.

Evidence of membership of an appropriate professional body regulated by the Financial Services Authority or equivalent;

Evidence of statutory public sector pension scheme actuarial consultancy services, particularly in relation to local government business;

List of principal contracts of a similar nature carried out in the past three years;

List of existing clients and extent of services being provided to those clients;

Professional and other qualifications and experience of the proposed employees of the service provider.

Requests for the tender documents must be made in writing, to the Executive Manager – Capital Programme Service, Shetland Islands Council, 8 North Ness Business Park, Lerwick, Shetland, ZE1 0LZ (Attn: Colin Black, Tel: 01595 744595; Fax: 01595 744667; e-mail: contract.admin@shetland.gov.uk).

4 Administrative Information

4.1

Type of Procedure

Single stage – Any candidate may submit a tender.

4.2

Reference number attributed to the notice by the contracting authority

F/1/16

4.3

Time Limits

Time-limit for receipt of completed tenders
22-04-2016  Time  15:00

Estimated award date
31-05-2016

4.5

Language or languages in which tenders or requests to participate can be drawn up

EN

4.6

Tender Submission Postbox

The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at http://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx

5 Other Information

5.1

Additional Information

Conditions for Participation – Tenderers must also submit a Service Provider Appraisal Questionnaire that includes details of their economic, technical, financial and business information.

Requests for the tender documents must be made in writing, to the Executive Manager – Capital Programme Service, Shetland Islands Council, 8 North Ness Business Park, Lerwick, Shetland, ZE1 0LZ (Attn: Colin Black, Tel: 01595 744595; Fax: 01595 744667; e-mail: contract.admin@shetland.gov.uk).

The contract will be awarded on the basis of the most economically advantageous tender to the contracting authority. Details of the contract award criteria will be set out in the tender documents.

The Contract shall be subject to Scots Law and the jurisdiction of the Scottish Courts.

(SC Ref:438011)

5.2

Additional Documentation

5.3

Publication date of this notice

24-03-2016