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Contract Award Notice

CA251 2020 — Pension Advisory Services

  • First published: 27 July 2020
  • Last modified: 27 July 2020

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Northern Ireland Electricity Networks
Authority ID:
AA78184
Publication date:
27 July 2020
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

NIE Networks seeks to appoint a suitably qualified and experienced organisation on framework for the management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. Please refer to the scope of services for the list of service requirements and standards required for this contract.

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

Framework agreements will be subject to performance reviews and require compliance with key performance indicators, as detailed therein. Economic operators that do not successfully pass the annual performance review will have their framework agreement terminated, in accordance with the terms of the framework agreement.

Full notice text

Contract award notice – utilities

Section I: Contracting entity

I.1) Name and addresses

Northern Ireland Electricity Networks

120 Malone Road

Belfast

BT9 5HT

UK

Contact person: Stephen O'Neill

E-mail: stephen.oneill@nienetworks.co.uk

NUTS: UK

Internet address(es)

Main address: www.nienetworks.co.uk

I.6) Main activity

Electricity

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

CA251 2020 — Pension Advisory Services

Reference number: CA251 2020

II.1.2) Main CPV code

66520000

 

II.1.3) Type of contract

Services

II.1.4) Short description

NIE Networks seeks to appoint a suitably qualified and experienced organisation on framework for the management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. Please refer to the scope of services for the list of service requirements and standards required for this contract.

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

Framework agreements will be subject to performance reviews and require compliance with key performance indicators, as detailed therein. Economic operators that do not successfully pass the annual performance review will have their framework agreement terminated, in accordance with the terms of the framework agreement.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 400 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

NORTHERN IRELAND.

II.2.4) Description of the procurement

NIE Networks seeks to appoint a suitably qualified and experienced organisation on framework for the management of pension liabilities, including advising the company in relation to triennial scheme funding valuations. Please refer to the scope of services for the list of service requirements and standards required for this contract.

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

Framework agreements will be subject to performance reviews and require compliance with key performance indicators, as detailed therein. Economic operators that do not successfully pass the annual performance review will have their framework agreement terminated, in accordance with the terms of the framework agreement.

II.2.11) Information about options

Options: Yes

Description of options:

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

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

Negotiated with call for competition

IV.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement with a single operator.

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 176-429515

IV.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice

Section V: Award of contract

Contract No: CA251 2020 - Pension Advisory Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

02/07/2020

V.2.2) Information about tenders

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

Deloitte, Lincoln Building, 27-45 Great Victoria Street

Belfast

UK

NUTS: UK

The contractor is an SME: Yes

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

Each framework agreement will be for a period of three (3) years with an option, exercisable entirely at the discretion of the contracting entity and subject to the terms of the framework agreement, to extend by a further optional three (3) year period, with a total potential duration of six (6) years.

VI.4) Procedures for review

VI.4.1) Review body

Northern Ireland Electricity Networks Ltd

120 Malone Road

Belfast

BT9 5HT

UK

VI.4.4) Service from which information about the review procedure may be obtained

High Court of Justice in Northern Ireland

Royal Courts of Justice, Chichester Street

Belfast

BT1 3JY

UK

VI.5) Date of dispatch of this notice

23/07/2020

Coding

Commodity categories

ID Title Parent category
66520000 Pension services Insurance and pension services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
stephen.oneill@nienetworks.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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