Wales Pension Partnership Regulator of Operator Services

Carmarthenshire County CouncilcontractFind a TenderRef ocds-h6vhtk-03984932014L0024active
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Estimated value

services

Awarded value

Suppliers

1

1 SME

Lots

1

1 awarded

Published

27 Sept 2024

Description

THIS IS A CONTRACT AWARD NOTICE - NOT A CURRENT OPPORTUNITY The Wales Pension Partnership (“WPP”) was established in 2017. The WPP is a collaboration of the eight LGPS funds (“Constituent Authorities”)* covering the whole of Wales and is one of eight national LGPS pools. The eight Constituent Authorities had an existing contract with Waystone Management (UK) Limited to provide regulated third party operator services for WPP. The current contract is due to expire in December 2024. The contracting authority (Carmarthenshire County Council), on behalf of each of the Constituent Authorities, conducted a procurement process to appoint a regulated third party operator for WPP’s ACS sub fund requirements following expiry of that existing contract. *The eight Constituent Authorities are Carmarthenshire County Council (Host Authority), City and County of Swansea Council, City of Cardiff Council, Flintshire County Council, Cyngor Gwynedd, Powys County Council, Rhondda Cynon Taf County Borough Council and Torfaen County Borough Council. For further information in respect of WPP please see the following link – https://www.walespensionpartnership.org/ Further information can be found in the Procurement Documents at https://etenderwales.bravosolution.co.uk/

Scope

Reference
ocds-h6vhtk-039849
Commercial tool
Standalone contract
Contract dates

The term of the Operator Agreement is for an initial term of five years and three months, followed by an option to extend for up to two further years. At any time prior to the end of the initial five year and three month term WPP may elect to extend the term of the Operator Agreement by up to two years.

Main category
services
CPV classifications
66522000
66523000
66131100
66141000
66520000
Contract locations
Wales

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Quality75quality
25price

Submission & procedure

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end

Awarded to