Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Southern Housing Group
Fleet House, 59-61 Clerkenwell Road
London
EC1M 5LA
UK
Contact person: Gabriel Otubambo
Telephone: +44 3003031061
E-mail: contracts@shgroup.org.uk
NUTS: UK
Internet address(es)
Main address: https://www.delta-esourcing.com/delta/
Address of the buyer profile: www.shgroup.org.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Housing and community amenities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Pension Administration, Actuarial, Investment Consulting and Scheme Secretarial Services
II.1.2) Main CPV code
66520000
II.1.3) Type of contract
Services
II.1.4) Short description
— a comprehensive pensions administration service and maintenance of comprehensive central records embracing active, deferred and pensioner members, deaths (including organising claiming of insured death benefits), transfers in and out, retirements, early retirements, annual renewal and issue of member benefit statements, AVCs (calculated on a monthly basis and unitised; liaison with pension payroll accordingly; instructing AVC provider on Trustee’s behalf), calculation of pension increases, special benefits, etc. (including notification to members), provision and maintenance of an up to date administration manual,
— provide online access for members, detail relevant information in their pension and benefits,
— quarterly administration report including demonstration of achievement of agreed SLAs (Service Level Agreements) and including average SLAs plus including reference to the Pension Regulator’s data cleaning requirements,
— retirement annuity bureau facility,
— attendance and part.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
720 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
UNITED KINGDOM.
II.2.4) Description of the procurement
The Trustees wish to establish a contract for the provision of pension administration, actuarial, investment consulting and scheme secretarial services
The contract is not being divided into lots as the authority believes that the contract will be best delivered and managed by a single economic operator. The introduction of lots would introduce the need for higher internal resource. The Trustees also believe that they will achieve better value for money by appointing a single economic operator.
The provider will be managing the final salary pension plan, which is split into 2 closed defined pension schemes.
The 1964 Southern Housing Group Pension Plan section is the historic pension scheme with 37 active members which is now closed to new entrants. There are both contributing and non-contributing members of the scheme. The scheme also has 284 deferred members and 156 pensioners, and at its current triennial valuation as at 31.3.2018, its assets were valued at 45 000 000 GBP.
The 2017 Southern Housing Group Pension Plan section is a section which is closed to new entrants and which came into existence following the Group transferring out of the Social Housing Pensions Scheme (SHPS) in September 2017, with 20 active members. There are both contributing and non-contributing members of the scheme. The scheme also has 153 deferred members and 257 pensioners, and at its current triennial valuation as at 31.3.2018, its assets were valued at 17 800 000 GBP.
II.2.5) Award criteria
Quality criterion: Method statement questions
/ Weighting: 50 %
Quality criterion: Interview and presentation
/ Weighting: 10 %
Cost criterion: Pricing schedule
/ Weighting: 40 %
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
II.2.14) Additional information
Please note that this is an award notice and not a new competition.
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Restricted procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2019/S 082-195233
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
25/10/2019
V.2.2) Information about tenders
Number of tenders received: 11
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
KPMG LLP
15 Canada Square
London
E14 5GL
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:
: 720 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=475898095
GO Reference: GO-2020224-PRO-16055256
VI.4) Procedures for review
VI.4.1) Review body
Royal Court of Justice
The Strand
London
WC2 2LL
UK
Telephone: +44 2079476000
VI.4.2) Body responsible for mediation procedures
Centre for Effective Dispute Resolution (CEDR)
70 Fleet Street
London
EC4Y 1EU
UK
Telephone: +44 2075366000
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
The contracting authority complied with the requirements of the Public Contracts Regulations 2015 (which incorporates Directive 2014/24/EU into English Law) when notifying economic operators of the outcome of this procurement.
VI.4.4) Service from which information about the review procedure may be obtained
Cabinet Office
70 Whitehall
London
SW1A 2AS
UK
Telephone: +44 2072761234
VI.5) Date of dispatch of this notice
24/02/2020