# Provision of pension governance services

> A sourced UK public sector contract award published by LEGAL SERVICES BOARD.

## Key facts

- Buyer: [LEGAL SERVICES BOARD](/buyers/legal-services-board/contract-awards)
- Tender value: £10,750
- Published: 11 August 2023
- Contract start: 1 November 2023
- Contract end: 31 October 2026
- Stage: open_tender
- Procurement category: services
- Notice ID: 6c2524da-b73c-4d4d-8956-e9909cfb35e7-671468
- OCID: ocds-b5fd17-21b6d5f4-0130-4d33-a44e-f38feb4b5cd9

## Description

The Legal Services Board \(LSB\) is looking to appoint a suitably qualified provider of pension governance services\. As a very small organisation, we do not have in-house pension expertise\. We are looking for a supplier who can work in partnership with the LSB to deliver pension governance and associated services to a high standard\. Our aim is to appoint a supplier to provide pension governance services to the LSB for an initial term of three years, from 1 November 2023 and 31 October 2026 with the potential for an extension\. Specification of services required \(this will form part of the Contract\) • Annual Pension Governance report including: \(a\) Evaluation of pension scheme performance in the past year \(to 30 June\) and benchmarking to comparator performance in the pension market, and \(b\) Recommendation of external pension provider\. • Remuneration Committee \(RNC\) presentation in February annually\. • Meeting with the executive pension committee in January \(CEO, Director of Enabling Services, Head of Finance and IT, and HR lead\)\. • Available to answer queries once the Pension Governance report has been prepared \(approx\.one/two hours needed\)\. • Annual Pensions presentation to all LSB colleagues \(annually in March\)\. • Annual one-to-one sessions with LSB colleagues on request \(annually in March\)\. • Review and update of LSB pensions booklet and admin forms periodically \(approximately every two years\)\. • Participate in any internal or external audit of LSB pension arrangements as required A tender is required which should include method statements, but not be limited to: • A description of how you would work with us\. • A description of how you will meet the service specification requirements listed above\. A fully costed proposal with fixed and variable costs, including VAT\. Where possible this should be broken down into annual or one-off costs, including any set up fees\. • Completion of the Supplier form and EDI form\. All tender submissions should be submitted by 23\.59pmon 31 August 2023 to tenders@legalservicesboard\.org\.uk \. Submissions submitted to other addresses or beyond this time will not be accepted\. The full ITT is attached to this notice\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/6c2524da-b73c-4d4d-8956-e9909cfb35e7-671468)