Published date: 4 October 2021

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


Closing: 4 June 2021, 12pm

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 6DB

Reference

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

Email

steve.hoy@sutton.gov.uk

Website

http://www.sutton.gov.uk/