Appointment of Independent Member / Chair of the Dyfed Pension Fund Pension Board

Procurement description

Carmarthenshire County Council as the Administering Authority of the Dyfed Pension Fund is looking to appoint an Independent Member / Chair for the Pension Board, in line with the LGPS Governance Regulations 2015. The Board consists of 7 members: 3 Employer Representatives, 3 Scheme Member Representatives and 1 Independent Member who also acts as Chair. The Independent Chair of the Dyfed Pension Board must be engaged directly by the bidding organisation or as a self‑employed individual to ensure clear accountability, independence and reliable delivery. This is a very specialised role, and applicants should have significant financial awareness and investment practice either as a Pension Fund Trustee or in the running of pension funds, preferably within the Local Government Pension Scheme. Further details is provided within the tender pack.

Main category

Services

Delivery regions

• UKL14 - South West Wales

Total value (estimated, excluding VAT)

75000 GBP to 75000GBP

Contract dates (estimated)

01 April 2026, 00:00AM to 31 March 2029, 23:59PM

Extension end date (if all the extensions are used): 31 March 2031

Carmarthenshire County Council

Procedure type

Below threshold - open competition

Is the total value above threshold?

Below threshold

CPV classifications

• 66131100 - Pension investment services
• 66141000 - Pension fund management services
• 66500000 - Insurance and pension services
• 75320000 - Government employee pension schemes
• 75110000 - General public services
• 79400000 - Business and management consultancy and related services
• 79112100 - Stakeholders representation services

Delivery regions

• UKL14 - South West Wales

Lot value (estimated)

75000 GBP Excluding VAT

90000 GBP Including VAT

Sustainability

Small and medium-sized enterprises (SME)

Contract start date (estimated)

01 April 2026, 00:00AM

Contract end date (estimated)

31 March 2029, 23:59PM

Extension end date (estimated)

31 March 2031, 23:59PM

Can the contract be extended?

Yes

Description of extensions

There is an option to extend this contract for a further period of up to 24 months, subject to available budget, satisfactory performance and agreement by both parties.

Participation

Award criteria

Tender submission deadline

18 February 2026, 14:00PM

Enquiry deadline

12 February 2026, 14:00PM

Submission address and any special instructions

This opportunity is being conducted on the E Procurement System, eTenderwales. To register, please browse to the eSourcing Portal: www.etenderwales.bravosolution.co.uk. To assist you in locating this opportunity on the eTenderwales portal, the project code is project_61667 and the Invitation to Tender code is ITT_122244. As this is an open procedure, Tenderers must ensure that all ITT questions are fully responded to. Please also ensure you check the Attachments area for any documents/ information which may assist you with your submission or you are required to upload as part of your submission as per information contained within the tender pack. If you require any further assistance use the online help, or the BravoSolution help desk is available Mon - Fri (8am - 6pm) on: - email: help@bravosolution.co.uk - Phone: 0800 069 8634.

May tenders be submitted electronically?

Yes