Awarded contract

HIE Pension Scheme and Local Government Scheme Support

Details

Value
£57,600
Topic
Pension services
Published
25 November 2024

Tender description

This contract award notice refers to spend relating to the provision of HIE Pension Scheme and Local Government support services covering the period 03/02/25 to 31/10/27. The delivery is fully reliant upon accessing data held by the supplier to the Board of the Trustees of the HIE Superannuation Scheme, currently Spence and Partners Limited. Spence and Partners Ltd have specialist technical knowledge and gained important insight to the work required from their current Pension Board of Trustees contract. A change in supplier would not deliver any efficiencies and is considered to result in substantial duplication of costs due to the double data handling costs that another supplier may experience and pass back to HIE. Lot 1: This contract award notice refers to spend relating to the provision of HIE Pension Scheme and Local Government support services covering the period 03/02/25 to 31/10/27. The delivery is fully reliant upon accessing data held by the supplier to the Board of the Trustees of the HIE Superannuation Scheme, currently Spence and Partners Limited. Spence and Partners Ltd have specialist technical knowledge and gained important insight to the work required from their current Pension Board of Trustees contract. A change in supplier would not deliver any efficiencies and is considered to result in substantial duplication of costs due to the double data handling costs that another supplier may experience and pass back to HIE.

Timeline

  1. Completed: Award date12 November 2024
  2. Completed: Award published25 November 2024
    Current notice

About the buyer

Highlands and Islands Enterprise is the economic and community development agency for the north and west of Scotland, and buys as a central agency in its own right. A procurement strategy for 2024 to 2028 sets objectives aligned with local and national priorities. Suppliers must show how contracts deliver community benefits, such as targeted recruitment and training. A procurement forward plan and an annual procurement report are also published.

Over the past 5 years, most of Highlands and Islands Enterprise's contract awards have been in business services, IT services and waste, cleaning and environmental services.

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