Published date: 17 November 2020

Withdrawn opportunity - This means that the contract has been withdrawn early. This could be due to a change of circumstances.


Closing: 4 December 2020, 12pm

Contract summary

Industry

  • Financial consultancy services - 66171000

  • Insurance and pension services - 66500000

Location of contract

East Midlands

Value of contract

£90,000

Procurement reference

LGSS001-DN510384-88509126

Published date

17 November 2020

Closing date

4 December 2020

Closing time

12pm

Contract start date

1 February 2021

Contract end date

31 January 2026

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?

Yes

Description

Northamptonshire 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 "proper 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). It is also common practice within LGPS Funds

More information

Previous notice about this procurement

Northamptonshire County Council Independent Adviser to The Northamptonshire Pension Fund

  • Opportunity
  • Published 16 November 2020

Links

About the buyer

Contact name

NCC Procurement

Address

One Angel Square
Angel Street
Northampton
NN1 1ED
England

Email

Procurement@northamptonshire.gov.uk

Website

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