Published date: 4 October 2021
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
England
Value of contract
£150,000 to £300,000
Procurement reference
LBSUT001-DN543597-39730268
Published date
4 October 2021
Closing date
4 June 2021
Closing time
12pm
Contract start date
1 October 2021
Contract end date
30 September 2025
Contract type
Service contract
Procedure type
Other
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Actuarial, Benefits and Governance Consultancy Services Primarily in Support of the Local Government Pension Scheme (NCCT40954). National LGPS Frameworks for: Lot 1 - Actuarial Services and Lot 2 - Benefits Consultancy.
The contract is awarded by the London Borough of Sutton. The service will be provided to both the London Borough of Sutton and the Royal Borough of Kingston.
More information
Additional text
-
The contract value is an estimate based on both the London Borough of Sutton spending £150,000 and Royal Borough of Kingston spending £150,000 giving a contract total of £300,000, but this may vary between councils.
The original term is four years but there is an option extend for an additional two years (24 months).
Award information
Awarded date
28 June 2021
Contract start date
1 October 2021
Contract end date
30 September 2025
Total value of contract
£300,000
This contract was awarded to 2 suppliers.
Hymans Robertson LLP
Address
20 Waterloo Street
Glasgow
Lanarkshire
United Kingdom
G2 6DBReference
None
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Appointment of Actuarial Advisers for LB Sutton and RB Kingston Pension Fund following a further competition via the National LGPS Frameworks Actuarial & Benefits Services (Lot 1). To provide triennial actuarial valuation, employer financial accounting and a range of actuarial services as required.
Aon Solutions UK Limited
Address
"The Aon Centre
122 Leadenhall Street
London
Greater London
United Kingdom
EC3V 4AN"Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
Appointment of Benefits Consultants for LB Sutton & RB Kingston Pension Fund following a further competition via the National LGPS Frameworks. Actuarial & Benefits Services (Lot 2) To provide a review of the benefits shared service administration arrangements, ongoing training & admin. project work
About the buyer
Contact name
Steve Hoy
Address
Civic Offices
St Nicholas Way
Sutton
SM1 1EA
United Kingdom
Telephone
+44 2087705911
Website
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Closing: 4 June 2021, 12pm