Published date: 20 November 2020

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 7 December 2020, 12am

Contract summary

Industry

  • Pension fund administration services - 66523100

Location of contract

W6 9JU

Value of contract

£0

Procurement reference

tender_257277/904502

Published date

20 November 2020

Closing date

7 December 2020

Closing time

12am

Contract start date

4 January 2021

Contract end date

3 July 2021

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The London Borough of Hammersmith and Fulham (LBHF) is one of London's leading councils. We aim to be the best. We are radically reforming the council to modernise the way services are run and ensure we provide good value for money. Being ruthlessly financially efficient is one of our key priorities.

Our Local Government Pension Scheme (LGPS) caters for around 15,300 members (split between c. 4,000 active members; c. 6,000 deferred members; and c. 5,300 pensioner members) and includes council employees as well as around 50 admitted bodies.

The LBHF require support from a third party pension administration firm to undertake backlog services relating to frozen refund, refund, deferred members and aggregated cases. Surrey County Council (SCC) provide pension administration services to LBHF through a shared service agreement. As such, the chosen provider will need to work closely with SCC and be familiar with the Altair administration system.

The number of backlog cases are highlighted below - please note that these figures are estimates and were accurate as of February 2020.

- Frozen Refunds - 557
- Refunds - 202
- Deferred Members - 338
- Aggregations - 592
- Total - 1.689

More information

Links

About the buyer

Address

London
London
W6 9JU
England

Email

procurement@lbhf.gov.uk