TenderOppsIndependent tender search
Open25 days left · closes midday, Tuesday 8 December 2026

Pension Fund Independent Advisor

Somerset Council · Local authority

In brief

Somerset Council is looking for suppliers for financial services work (South West).

The estimated value is £360,000 including VAT.

The contract runs for 3 years, up to 6 years with extensions, starting 1 February 2027.

The buyer says it is suitable for small and medium-sized businesses.

Bids close at midday, Tuesday 8 December 2026.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Key dates

Questions by
11:59pm, Tuesday 24 November 2026
Bids by
midday, Tuesday 8 December 2026

How bids are scored

Quality 70% · Price 30%

Quality matters most. You can win without being the cheapest.

Competition

Usually high: a median of 6 bids per contract for this buyer (from 18 awards in the last 12 months).

The buyer expects to buy this again around September 2032.

What the notice says

We are seeking a contract with an organisation who will provide a named individual to fulfil the role of Independent Person but will be able to demonstrate a wider level of expertise within the organisation to support the named individual. Both the applicant organisation and the named individual will be expected to demonstrate that they can meet the requirements of the regulations and accompanying Statutory Guidance. If for any reason the named individual can no longer meet the needs of the contract during the contract period we would expect the successful organisation to provide a suitable alternate named individual.

Should I bid?

Tick what applies to you. Nothing is saved.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.
  4. Send clarification questions before 11:59pm, Tuesday 24 November 2026.
  5. Make sure your bid arrives before midday, Tuesday 8 December 2026. Late bids are usually rejected.

Timeline

  1. Tender notice · UK4, notice 106836-2026

About the buyer

Somerset CouncilLast 12 months

Procurements

315

Awards

259

Suppliers it has used most for financial services

All tenders and awards from Somerset Council

Similar open tenders

All open financial services tenders
  1. Loan Finance Tender

    Falmouth Exeter PlusSouth WestFinancial services and insurance

    Closing soon12 hours left

    £4mestimated
  2. Insurance Procurement

    Local SpaceNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

    Closing soon17 hours left2 lotsSuitable for SMEs

    £700kestimated
  3. Agreements for Start Up Loans' Business Support Partners

    British Business BankNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West, Wales, Scotland, Northern IrelandFinancial services and insurance

    Closing soon4 days left15 lotsSuitable for SMEs

    £104mestimated
  4. Leaseholder Building Insurance Policy

    Reading Borough CouncilNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

    Open12 days left

    £567kestimated
  5. Fully Maintained Contract Hire - Electric Panel Van

    Central Swindon North Parish CouncilSouth WestVehicles and fleet, Financial services and insurance

    Open21 days leftSuitable for SMEsSmall contract

    Value not stated

From notice 106836-2026 on Find a Tender, first published 10 November 2026. We last checked for changes on 10 November 2026.