Issue - meetings

Pension Fund Procurement for Actuarial Services and for Investment Consultancy Services

 

 

Meeting: 25/05/2023 - Cabinet (Item 148)

148 Pension Fund Procurement for Actuarial Services and for Investment Consultancy Services pdf icon PDF 146 KB

Report of the Director of Finance and Assurance.

Additional documents:

Minutes:

Having agreed to note the confidential appendix to the officer report, Cabinet

 

RESOLVED:  That

 

(1)            the proposed arrangements for procuring two contracts - Pension Fund Actuarial Advice Services and Pension Fund Investment Consultancy Services - be approved;

 

(2)            the commencement of the re-procurement of the two contracts via the National Local Government Pension Scheme (LGPS) Frameworks, be approved; and

 

(3)            the Director of Finance and Assurance (Section151 Officer), following consultation with the Portfolio Holder for Finance and Human Resources be authorised to approve the tender documents and award the contracts once tenders had been received and evaluated.

 

Reason for Decision:  To facilitate a compliant procurement and ensure that the Council continued to have contracts in place to enable it to obtain the appropriate expertise and advice so as to meet its statutory obligations as the administering authority for the London Borough of Harrow Pension Fund.