RFP QuestBeta
Awarded · ResultStage · contract

Staffordshire County Council

Independent Investment Advisor for the Staffordshire Pension Fund

Financial ServicesCPV 66131100
Value£180k
Awarded26 Jun 2024
Published14 Aug 2024
RegionNationwide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£180ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund').

The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred members.

As of 31 December 2023, the assets of the Fund were in excess of £7.1 billion.

The appointment will take the form of a contractual agreement between the appointed provider and Staffordshire County Council, to supply the services outlined below for the Staffordshire Pension Fund, in accordance with the terms agreed in the contract.

The main duties of the independent Investment Adviser are as follows: • To attend quarterly in person meetings of the Pensions Panel; • To attend ad-hoc investment strategy, implementation and manager monitoring meetings with Officers and the appointed Investment Consultant; • To provide ad-hoc advice and attend any other meetings as may be required from time to time.

Key requirements

What the supplier must deliver

01

The appointment will take the form

The appointment will take the form of a contractual agreement between the appointed provider and Staffordshire County Council, to supply the services outlined below for the Staffordshire Pension Fund, in accordance with the terms agreed in the contract.

02

To provide ad-hoc advice and attend any

To provide ad-hoc advice and attend any other meetings as may be required from time to time.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
98a85827-0cc0-4e22-b6d0-cb1f92eb7776
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
IA3198
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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