Find a TenderAwarded
Published 30 Jan 2023, 16:00 GMT

Official UK procurement notice

2022 Pensions Consulting UoR - Ref 1

Official notice

Authority: University of Reading (Education)

ServicesOpen procedure
Published estimate£540,000exc. VAT
Submissions closed 2 Mar 2023awarded 28 Mar 2023
Awarded to Mercer

What is being bought

Published requirement description

University of Reading is seeking consultancy services for Actuarial, Pensions and Benefits Services.The successful bidder will have a minimum of 3 years' experience with Universities Superannuation Scheme (USS) with at least 3 Universities (as their primary Pension scheme).

CPV: Group pension services · Insurance and pension services · Pension fund consultancy services

The lotProcurement structure

single lot · no lot value published
Lot #1Consultancy services for Actuarial, Pensions and Benefits Services - see tender documentsAwarded

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
  • Price

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
30 Jan 2023, 16:00 GMT
Last source update
28 Mar 2023, 15:56 BST
Award evaluation window
2 Mar 2023 – …
Authority reference
UOR-PRO-23-031
FTS notice number
2023/S 000-009010
Classification (CPV)
Group pension servicesInsurance and pension servicesPension fund consultancy services
Delivery area
South East (UKJ1)
Official registry OCID
ocds-h6vhtk-03a132 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
2 Mar 2023, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
2 Mar 2023, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

2 Mar 2023 → 28 Mar 2023 · 3 dates
  1. Submission deadline
    2 Mar 2023, 12:00 GMT
  2. Bids opened
    2 Mar 2023, 12:00 GMT
  3. Notice published
    28 Mar 2023, 15:56 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    28 Mar 2023, 15:56 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £540,0001 contract exc. VAT
Bids received 3
Contracts signed 1latest 28 Mar 2023
Awarded toValueDateStatus
MercerConsultancy services for Actuarial, Pensions and Benefits Services£540,000 †—Awarded

Contracts

  • Consultancy services for Actuarial, Pensions and Benefits Services · Mercer

    Signed
    28 Mar 2023
    Value
    £540,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic · 3 from abroad0——

Contracting authority & participating public bodies

University of Reading

Contracting authorityEducationBody governed by public lawEducation Miller Building, Whiteknights, Reading, South East, RG6 6EEContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • University of Reading Legal ServicesReview body ReadingContact email

Bidders & participating suppliers

1 commercial party on the notice
  • Mercer LimitedAwarded supplier 1 Tower Place, West Tower Place , London, London, EC3R 5BU

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.