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The purpose of this Invitation to Tender is to appoint one supplier to each of 2 Lots.
The Trustees of the Scottish Enterprise Pension and Life Assurance Scheme (the Scheme) are tendering for the provision of Actuarial, Administration and Ancillary Services (LOT 1) and Investment Consulting Services (LOT 2) for the period of 01 April 2021 to 31 March 2024 with the option to extend for a further 12 months.
Interested parties may tender for either or both of the lots, however an individual submissions is required for each lot.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| Hymans Robertson LLP | OC310282 | ~£2,000,000 estimated from lot values | 1 lot LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services | - |
| Isio Group Limited | 12273083 | ~£650,000 estimated from lot values | 1 lot LOT 2 - Pensions - Investment Consulting Service | - |
This procurement was divided into 2 lots, each awarded separately. 5 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 LOT 1 - Pensions - Administrative, Actuarial and Ancillary Services 1,440 days (≈3.9 yrs) | £2,000,000 £1,678,720 initial term | 1 single bid — no competition | Hymans Robertson LLP | complete |
| Lot 2 LOT 2 - Pensions - Investment Consulting Service 1,440 days (≈3.9 yrs) | £650,000 £415,500 initial term | 4 | Isio Group Limited | complete |
Weightings from the notice, applied to every lot.
Government spending data: These suppliers have received £3,647,927 in 88 payments (over £25k) from NHS England, Department for Education, Greater Manchester Combined Authority, Police Scotland, Metropolitan Police and 6 more public bodies (2013-11-06 to 2025-10-21).
Published by the buyer on this notice. Check the original notice — details change and are not updated here.