Published date: 11 June 2020

This notice was replaced on 13 November 2020

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 13 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.


Contract summary

Industry

  • Financial consultancy services - 66171000

  • Insurance and pension services - 66500000

Location of contract

England

Value of contract

£90,000 to £150,000

Procurement reference

LGSS001-DN465177-10946342

Published date

11 June 2020

Closing date

3 July 2020

Contract start date

1 October 2020

Contract end date

30 September 2023

Contract type

Service contract

Procedure type

Open procedure

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

Cambridgeshire Pension Fund's investment strategy continues to evolve to meet the Fund's objectives whilst managing an appropriate level of risk. As dictated by the LGPS Investment Regulations, the Fund takes advice from its Investment Consultants Mercer Ltd

Whist the ISC receive comprehensive briefing and training from Mercer, in this increasingly complex environment, it is suggested that members would find it beneficial to have a second opinion from an Independent Adviser with industry experience (gained either as a fund manager or a senior LGPS officer). This would provide a different insight into investment solutions and knowledge of what products and solutions are being adopted by other LGPS funds (who are not Mercer clients).

The Fund is looking for high quality independent advice, which at times may challenge the views of the Investment Sub Committee, the officers, the investment consultants, external fund managers as well as other service providers to the Fund, and bring a new perspective to the discussion.


More information

Links


About the buyer

Contact name

Tom Clarke

Address

Shire Hall
Castle Hill
Cambridge
CB3 0AP
United Kingdom

Telephone

+44 1223703537

Email

Thomas.Clarke@cambridgeshire.gov.uk

Website

https://www.lgss.co.uk/about/