Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 8456002541
E-mail: joseph.gillinder@ppf.co.uk
NUTS: UK
Internet address(es)
Main address: https://www.ppf.co.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Professional Services Administration, Actuarial, Support and Consultancy Services
II.1.2) Main CPV code
79415200
II.1.3) Type of contract
Services
II.1.4) Short description
The board of the Pension Protection Fund would like to procure a new framework agreement of specialist firms to provide administration, actuarial, support and consultancy services.
NEST may also choose to contract for services via a call-off from the framework.
The final value of the framework across the maximum term may fall within a huge range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
50 000 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Administration, Actuarial, Support and Pensions Consultancy Services
II.2.2) Additional CPV code(s)
66520000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Lot 1 is primarily for services to the board where both administration and actuarial services and/or pensions consultancy may be required at the same time, firms on this lot have direct experience in the pensions industry.
II.2.5) Award criteria
Quality criterion: Qualification and experience of staff
/ Weighting: 40
Quality criterion: Capacity to deliver
/ Weighting: 20
Quality criterion: Quality
/ Weighting: 30
Quality criterion: Innovation
/ Weighting: 10
Price
/ Weighting:
20
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Actuarial Consultancy Services
II.2.2) Additional CPV code(s)
66519600
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Lot 2 is aimed at firms with specialist actuarial capabilities who will have experience in either the pensions or insurance industries. Firms on lot 2 are therefore able to provide a broad scope of the specified actuarial consultancy services, although not necessarily all, as the intention was to establish a reasonable pool of suppliers who are capable of delivering any specific call-off contract we intend to seek to award.
II.2.5) Award criteria
Quality criterion: Qualification and experience of staff
/ Weighting: 40
Quality criterion: Capacity to deliver
/ Weighting: 20
Quality criterion: Quality
/ Weighting: 30
Quality criterion: Innovation
/ Weighting: 10
Price
/ Weighting:
20
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2019/S 170-415570
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2582
Title: Professional Services Framework 2019
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Barnett Waddingham LLP
OC307678
2 London Wall Place
London
EC2Y 5AU
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2585
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Government Actuary's Department
Finlaison House, 15-17 Furnival Street
London
EC4A 1AB
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2584
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Spence and Partners Ltd
NI037760
Linen Loft, 27-37 Adelaide Street
Belfast
BT2 8FE
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2587
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Quattro Pensions Consulting Ltd
06321397
Prospect House, Fishing Line Road
Redditch
B97 6EW
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2586
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Deloitte Total Reward and Benefits Ltd
03981512
Hill House, 1 Little New Street
London
EC4A 3TR
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2588
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Mercer Ltd
0984275
Tower Place West, 50 Lower Thames St
London
EC3R 5BU
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1 & 2
Contract No: ecm_2590
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
XPS Pensions Consulting Ltd
2459442
Phoenix House, 1 Station Hill
Reading
RG1 1NB
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: ecm_2583
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Broadstone Corporate Benefits Ltd
100 Wood Street
London
EC2V 7AN
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Contract No: ecm_2589
Title: Professional Services Framework
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/01/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Hymans Robertson LLP
OC310282
One London Wall
London
EC2Y 5EA
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The final value of the framework across the maximum term may fall within a huge range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of.
VI.4) Procedures for review
VI.4.1) Review body
Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
VI.5) Date of dispatch of this notice
10/02/2020