Source: https://tendernation.io/opportunities/01a13c57-52c9-72ea-a96b-025af45405cb/third-party-pension-administration-services

closed GB open procedure Suitable for SMEs

# Third Party Pension Administration Services

[London Borough of Hammersmith & Fulham](https://tendernation.io/buyers/london-borough-of-hammersmith-fulham)

Estimated value

Not stated

Published

20 Nov 2020

Deadline

Closed

7 Dec 2020

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The London Borough of Hammersmith and Fulham (LBHF) is one of London's leading councils. We aim to be the best. We are radically reforming the council to modernise the way services are run and ensure we provide good value for money. Being ruthlessly financially efficient is one of our key priorities.

Our Local Government Pension Scheme (LGPS) caters for around 15,300 members (split between c. 4,000 active members; c. 6,000 deferred members; and c. 5,300 pensioner members) and includes council employees as well as around 50 admitted bodies.

The LBHF require support from a third party pension administration firm to undertake backlog services relating to frozen refund, refund, deferred members and aggregated cases. Surrey County Council (SCC) provide pension administration services to LBHF through a shared service agreement. As such, the chosen provider will need to work closely with SCC and be familiar with the Altair administration system.

The number of backlog cases are highlighted below - please note that these figures are estimates and were accurate as of February 2020.

- Frozen Refunds - 557
- Refunds - 202
- Deferred Members - 338
- Aggregations - 592
- Total - 1.689

## CPV classification

Pension fund administration services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/7638bb4c-2a6c-4f64-abfd-a8a4a79199d9)

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[Buyer profile London Borough of Hammersmith & Fulham: past awards and live tenders](https://tendernation.io/buyers/london-borough-of-hammersmith-fulham) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services)

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