Published date: 7 March 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 4 October 2021, 12pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

South East

Value of contract

£20,625

Procurement reference

ESCC - 013436

Published date

7 March 2023

Closing date

4 October 2021

Closing time

12pm

Contract start date

4 January 2022

Contract end date

3 January 2026

Contract type

Service contract

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The East Sussex Pension Fund is seeking a third-party service provider to work with it to allow it to trace deferred members where their address is unclear as well as to assist with mortality checks.

Once a member of the Fund leaves active employment, it is difficult for the Fund to maintain an accurate record of their address if they move home without informing the administrator. The Administering Authority will need to contact such members from time to time to fulfil its legal obligations and requires assistance to enable it to make contact with those members whose address records are no longer current.

For Pensioner Members the Administering Authority also needs to ensure it is only making payments to eligible people. This means ensuring regular pension payments are not made to people who have sadly passed away. Controls are already in place to identify such situations, but support will be required to bolster the effectiveness of the full spectrum of controls in place.

Members with a deferred benefit may also die before they are eligible to claim a pension from the Fund. The Administering Authority needs to identify where this has happened. As with Pensioner mortality, some controls already exist but additional support is also required.

Award information

Awarded date

26 October 2021

Contract start date

4 January 2022

Contract end date

3 January 2026

Total value of contract

£20,625

This contract was awarded to 1 supplier.

INDEPENDENT TRANSITION MANAGEMENT LIMITED

Address

Minster House
LONDON
EC3R 7AE
GB

Reference

Companies House number: 04616046

Value of contract

£20,625

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Contact name

Sourcing Solutions Team

Address

County Hall,St. Annes Crescent
LEWES
BN71UE
United Kingdom

Email

OrbisSourcingSolutions@eastsussex.gov.uk