Published date: 9 February 2022

This notice was replaced on 9 February 2022

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

Awarded contract (published 19 July 2022)

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

  • Pension investment services - 66131100

  • Portfolio management services - 66140000

  • Insurance and pension services - 66500000

Location of contract

England

Value of contract

£130,000

Procurement reference

DERBSCC001-DN596798-49742402

Published date

9 February 2022

Closing date

18 March 2022

Closing time

11am

Contract start date

1 July 2022

Contract end date

30 June 2027

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

The Derbyshire Pension Fund (DPF or the Fund), administered by Derbyshire County Council (the Council), has assets under management of around £6.3bn. There are approximately 330 employers in the Fund, including Derbyshire County Council, Derby City Council, all the district and borough councils in Derbyshire, Peak District National Park Authority, Derbyshire Police Authority, Derbyshire Fire Authority, Derby College, Chesterfield College, University of Derby, a host of town and parish councils and a large group of smaller employers via admission arrangements. At 31 December 2021, the Fund had 104,000 member records, comprising 38,000 active records, 33,000 deferred beneficiary records and 33,000 records in respect of members in receipt of a pension.

The fixed term agreement with the Fund's current external advisor expires on 30 June 2022. Therefore, the Fund's Pensions and Investments Committee is seeking to appoint a new external advisor by the end of June 2022 so that they can attend their first Pensions and Investments Committee meeting in September 2022. The contract will be for a fixed term period of three years with an option for the Council to award annual extensions for a further two years (i.e. a total of five years).

About the buyer

Contact name

Karen Mulchinock

Address

County Hall
Matlock
DE4 3AG
England

Telephone

+44 1629538204

Email

karen.mulchinock@derbyshire.gov.uk

Website

http://www.derbyshire.gov.uk/