WIT2015/03 - TENDER FOR THE ESTABLISHMENT OF A SINGLE-PARTY FRAMEWORK AGREEMENT FOR PENSION ADMINISTRATION & CONSULTANCY SERVICES

The North/South Implementation Bodies were established by the Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland and signed at Dublin on the 8th day of March 1999. The North/South Pension Scheme (N/SPS) was established in both jurisdictions on behalf of the North/South Implementation Bodies, under the above agreement, and Tourism Ireland Ltd under the terms of its 2000 Memorandum of Association. The North/South Pension Scheme is a defined benefit public service pension scheme established and operating in both jurisdictions – that of Ireland and the United Kingdom. The Scheme is unfunded and benefits payable are financed by the Northern Ireland Consolidated Fund and the Southern Exchequer on a basis agreed by the Department of Finance and Personnel in Northern Ireland and the Department of Finance and the Department of Public Expenditure and Reform in Ireland. The tender is being facilitated by Waterways Ireland (one of the employers/bodies) on behalf of the N/SPS CEO Pension Committee who in turn intend, as a result of this tender process, to establish a single-party framework agreement for the provision of pension administration and consultancy services to the North/South Implementation Bodies and Tourism Ireland Ltd (referred to as ‘the Bodies’). The CEO Pension Committee currently has a contract with an outsourced pension administrator, which will terminate on 30 April 2016. The successful framework member will assume responsibility for providing a high quality, responsive and expert advice, assistance and support pension administration service, which meets the needs of the CEO Pension Committee, the Bodies and Scheme Members, is delivered in the most economically advantageous manner, and is fully operational from 1 May 2016.

Services

31/07/2015 15:00:00

66520000-1  Pension services
66523000-2  Pension fund consultancy services
66523100-3  Pension fund administration services
75320000-5  Government employee pension schemes