Published date: 5 September 2023
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Pension investment services - 66131100
Pension fund consultancy services - 66523000
Location of contract
W8 7NX
Value of contract
£300,000 to £500,000
Procurement reference
tender_375489/1254745
Published date
5 September 2023
Closing date
21 July 2023
Closing time
4pm
Contract start date
1 September 2023
Contract end date
31 August 2028
Contract type
Service contract
Procedure type
Call-off from a framework agreement
A mini-competition or direct purchase from a pre-established framework agreement.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
The Royal Borough of Kensington & Chelsea (RBKC) has awarded a consultancy services contract to Mercer Ltd. The contract is for the provision of pension fund investment management consultancy and was procured using the National LGPS Frameworks under the Investment Management Consultancy Services Framework Agreement (NCCT42289) Lot 1-Investment Consultancy Services via a further competition.
The contract will be established for an initial duration of 3 years from 1st September 2023, with the option to extend for 2 years at the RBKC's discretion.
Award information
Awarded date
31 August 2023
Contract start date
1 September 2023
Contract end date
31 August 2028
Total value of contract
£500,000
This contract was awarded to 1 supplier.
Mercer Ltd
Address
1 Tower Place Lower Thames Street London EC3R 5BU
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Address
Town Hall, 8 Hornton Street
London
W8 7NX
England
Website
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Closing: 21 July 2023, 4pm
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