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PROCUREMENT OPPORTUNITY

LGPS Multi Provider Framework for the Provision of Stewardship Services

BRUNEL PENSION PARTNERSHIP LIMITED · compiled

Tender information last checkedLast checked 30 Sept 2026, 12:10.

Opportunity overview

Provision of stewardship services, including engagement with issuers and voting recommendations.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Contract value
£212.5k
Awarded
Not supplied
Contract signed
1 Dec 2021
Award ID
070376-2025-1
Status
active
Identifier
GB-COH 05167179
Location
London, UKI, EC2V 6ET, United Kingdom
Contract value
£850k
Awarded
Not supplied
Contract signed
1 Dec 2021
Award ID
078849-2025-1
Status
active
Identifier
GB-COH 105167179
Location
London, UKI, EC2V 6ET, United Kingdom

Classification

  • CPV66520000 — Pension services

Lots

  • A contract was awarded to Hermes Equity Ownership Services Limited ("Hermes") under the National LGPS Framework for the provision of stewardship services, including engagement with issuers and voting recommendations.Value not stated

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-05d8c5
Status
complete
Procurement Method
limited
Main Procurement Category
services
Procurement Method Details
Award procedure without prior publication of a call for competition
Why this procedure was chosen
Brunel Pension Partnership Limited ("Brunel") intends to extend its existing contract with Hermes for the provision of stewardship services in accordance with Regulation 72(1 )(c) on the grounds of strict necessity due to the government's announcement in May 2025 regarding pooling consolidation, which has created an urgent need to maintain continuity of stewardship services across Brunel's pooled assets. Brunel does not believe that any other single provider can deliver the breadth of required services within the necessary timeframe without causing significant operational and governance risks to the business. The services provided by Hermes are integral to Brunel's responsible investment strategy and stewardship obligations, and any disruption would materially impact Brunel's ability to meet its fiduciary and regulatory duties. The scope and terms of the contract with the incumbent remain unchanged as a result of the contract extension.

Legal basis

Id
32014L0024
Scheme
CELEX

Classification

Id
66520000
Scheme
CPV
Description
Pension services

Procedure reasons

Entry 1
Id
D_EXTREME_URGENCY
Scheme
TED_PT_AWARD_CONTRACT_WITHOUT_CALL
Description
Extreme urgency brought about by events unforeseeable for the contracting authority/entity and in accordance with the strict conditions stated in the directive

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
No
Description
A contract was awarded to Hermes Equity Ownership Services Limited ("Hermes") under the National LGPS Framework for the provision of stewardship services, including engagement with issuers and voting recommendations.

Award criteria

Criteria

Criterion 1
Type
price

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UKK
Entry 2
Region
UKK

Buyer, suppliers and contacts

Organisation 1
Id
GB-COH-10429110
Name
BRUNEL PENSION PARTNERSHIP LIMITED

Roles

buyer

Address

Region
UKK11
Locality
Bristol
Postal Code
BS16PU
Country Name
United Kingdom
Street Address
5th Floor 101 Victoria Street

Details

Classifications

Entry 1
Scheme
TED_CA_TYPE
Description
LGPS
Entry 2
Scheme
COFOG
Description
LGPS

Identifier

Id
10429110
Scheme
GB-COH
Legal Name
BRUNEL PENSION PARTNERSHIP LIMITED

Contact

Organisation 2
Id
GB-COH-05167179
Name
Hermes Equity Ownership Services Limited

Roles

supplier

Address

Region
UKI
Locality
London
Postal Code
EC2V 6ET
Country Name
United Kingdom
Street Address
150 Cheapside

Details

Scale
large

Identifier

Id
05167179
Scheme
GB-COH
Legal Name
Hermes Equity Ownership Services Limited
Organisation 3
Id
GB-FTS-84415
Name
Brunel Pension Partnership Limited

Roles

reviewBody

Address

Locality
Bristol
Country Name
United Kingdom

Identifier

Legal Name
Brunel Pension Partnership Limited
Organisation 4
Id
GB-COH-105167179
Name
Hermes Equity Ownership Services Limited

Roles

supplier

Address

Region
UKI
Locality
London
Postal Code
EC2V 6ET
Country Name
United Kingdom
Street Address
1 so Cheapside

Details

Scale
large

Identifier

Id
105167179
Scheme
GB-COH
Legal Name
Hermes Equity Ownership Services Limited

Award information

Award 1
Id
070376-2025-1
Status
active

Suppliers

Supplier 1
Id
GB-COH-05167179
Name
Hermes Equity Ownership Services Limited

Related lots

1
Award 2
Id
078849-2025-1
Status
active

Suppliers

Supplier 1
Id
GB-COH-105167179
Name
Hermes Equity Ownership Services Limited

Related lots

1

Contracts and changes

Entry 1
Id
070376-2025-1
Status
active
Award ID
070376-2025-1
Date Signed
1 Dec 2021, 00:00

Value

Amount
212,500
Currency
GBP
Entry 2
Id
078849-2025-1
Status
active
Award ID
078849-2025-1
Date Signed
1 Dec 2021, 00:00

Value

Amount
850,000
Currency
GBP

Recorded locations

  • Buyer location · Bristol · UKK11 · BS16PU · United Kingdom
  • Delivery location · UKK

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-05d8c5-2025-12-02T12:05:07Zcompiled ·