Published date: 13 November 2020

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


Closing: 3 July 2020, 12am

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

13 November 2020

Closing date

3 July 2020

Closing time

12am

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

Previous notice about this procurement

Cambridgeshire County Council - Independent Investment Adviser to the Cambridgeshire Pension Fund.

  • Opportunity
  • Published 11 June 2020

Links

Award information

Awarded date

23 October 2020

Contract start date

9 November 2020

Contract end date

8 November 2023

Total value of contract

£90,000

This contract was awarded to 1 supplier.

bfinance UK Limited

Address

36 Queen Street, London, Greater London, EC4R 1BN, United Kingdom

Reference

None

Supplier is SME?

Yes

Supplier is VCSE?

No

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/