Pension Services Management for Northern Ireland Water

Pension Services Management for Northern Ireland Water

NI Water wishes to appoint a Pension Management Services Provider who will provide actuarial and consultancy services in relation to NI Water Pension(s) arrangements.

United Kingdom-Belfast: Insurance and pension services

2013/S 150-261785

Contract notice – utilities

Services

Directive 2004/17/EC

Section I: Contracting entity

I.1)Name, addresses and contact point(s)

Northern Ireland Water
Westland House, Old Westland Road
Contact point(s): Finance and Regulation
For the attention of: Maria Bunting McGeown
BT14 6TE Belfast
UNITED KINGDOM
Telephone: +44 2890354657
E-mail: sourcing@niwater.com

I.2)Main activity

Water
I.3)Contract award on behalf of other contracting entities

Section II: Object of the contract

II.1)Description
II.1.1)Title attributed to the contract by the contracting entity:

C677- Pension Services Management
II.1.2)Type of contract and location of works, place of delivery or of performance

Services
Service category No 6: Financial services a) Insurances services b) Banking and investment services
Main site or location of works, place of delivery or of performance: Westland House, 40 Old Westland Road, Belfast, BT14 6TE
NUTS code
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
II.1.4)Information on framework agreement

Estimated total value of purchases for the entire duration of the framework agreement

Estimated value excluding VAT
Range: between 1 000 000 and 2 000 000 GBP

II.1.5)Short description of the contract or purchase(s):

NI Water wishes to appoint a Pension Management Services Provider who will provide actuarial and consultancy services in relation to NI Water Pension(s) arrangements.
The NI Water Pension Scheme is a defined benefit (“DB”) pension scheme operated by NI Water Pension Trust Company. It has four sections and has approximately 2000 members. This tender’s objective is to appoint a service provider to undertake corporate pension management services on behalf of NI Water relating to the NI Water Scheme.
NI Water also operates a defined contribution (“DC”) stakeholder arrangement operated by Standard Life, the Northern Ireland Water Limited Partnership Stakeholder Scheme (“the DC Scheme”). The DC Scheme has limited current pensions advisory requirements as it has no members, but respondents to the tender should indicate their ability to provide the range of DC services set out in this document should the membership of the DC Scheme increase.
II.1.6)Common procurement vocabulary (CPV)

66500000

II.1.7)Information about Government Procurement Agreement (GPA)
II.1.8)Information about lots
II.1.9)Information about variants

Variants will be accepted: no
II.2)Quantity or scope of the contract
II.2.1)Total quantity or scope:
II.2.2)Information about options
II.2.3)Information about renewals
II.3)Duration of the contract or time limit for completion

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
III.1.4)Other particular conditions:
III.2)Conditions for participation
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.2)Economic and financial ability
III.2.3)Technical capacity
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts
III.3.1)Information about a particular profession
III.3.2)Staff responsible for the execution of the service

Section IV: Procedure

IV.1)Type of procedure
IV.1.1)Type of procedure

Open
IV.2)Award criteria
IV.2.1)Award criteria
IV.2.2)Information about electronic auction
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting entity:
IV.3.2)Previous publication(s) concerning the same contract
IV.3.3)Conditions for obtaining specifications and additional documents

Time limit for receipt of requests for documents or for accessing documents: ..
IV.3.4)Time limit for receipt of tenders or requests to participate

13.9.2013 – 12:00
IV.3.5)Language(s) in which tenders or requests to participate may be drawn up

English.
IV.3.6)Minimum time frame during which the tenderer must maintain the tender
IV.3.7)Conditions for opening of tenders

Section VI: Complementary information

VI.1)Information about recurrence
VI.2)Information about European Union funds
VI.3)Additional information:
VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures
VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained

VI.5)Date of dispatch of this notice:31.7.2013