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SE Pension Scheme Trustee Services: Investment Consulting Service — Scottish Enterprise | UKGovscan
The Trustees of the Scottish Enterprise Pension & Life Assurance Scheme (the Scheme) are tendering to appoint a single supplier for provision of an Investment Consulting Service for the period 1st October 2024 to 30th September 2027 with the option to extend until 30th September 2028.
This procurement was divided into 1 lots, each awarded separately. 4 bids were received in total.
Lots
1
Initial Term Value
£1,200,000
Value with Extensions
£1,200,150
Bids Received
4
Bids per Lot
4
Lot
Value
Bids Received
Awarded To
Status
Lot 1
1,440 days (≈3.9 yrs)
£1,200,150
£1,200,000 initial term
4
Isio
active
Data note: the source feed marks these lots as cancelled even though their awards are active — an inconsistency in the published notice. The award status is shown above.
Award criteria
Weightings from the notice.
Added Value19%
Team capbility and structure18%
Understanding of requirements17%
Methodology - features of approach16%
Operational management, management processes, efficiency of systems, risk management10%
Information Security10%
Business Continuity5%
Fair Work First5%
Prompt Payment
Price40%
Key Dates
Published
19 July 2024
Tender Open
-
Tender Deadline
1 May 2024
Award Date
-
Contract Signed
19 July 2024
Contract Start
-
Contract End
-
Extension option
It is anticipated that the contract will start on 1 October 2024 for a period of 36 months, with an option to extend for a further 12 months if required.
Procurement Details
Method
Open — any supplier may bid
Method Details
Open procedure
Route to market
Open competition
Main category
Services
Category
Pension investment services
Delivery location
UKM
Open under
WTO Government Procurement Agreement
Buyer Reference
P24-0106
Legal Basis
Public Contracts Regulations 2015 (EU Directive 2014/24)
CPV Codes
66523000 – Pension fund consultancy services; 66131100 – Pension investment services; 66141000 – Pension fund management services; 66520000 – Pension services; 66522000 – Group pension services