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ocds-b5fd17-21030228-ec17-422e-bf98-7bfb78e1086dPublished facts
cff8def3-7f57-4206-8d50-ddeec7d0e22c-789663At present, the Operational Due Diligence (ODD) team within the PPF has dedicated individuals within the team to assess external Fund Managers prior to funding but there is currently no backup / contingency should additional resources be required or an individual leave. To avoid a situation whereby internal activities are effectively held up by a support function (due to a lack of resource), the ODD team need to appoint a back-up ODD service provider Support is required in the following two ways: 1. As a backup/contingency ODD service provider in the unlikely situation that the ODD cannot be staffed internally & 2. To provide ODD coverage in long-haul jurisdictions where the PPF have single Manger exposure. Volumes are anticipated to be particularly low with the successful supplier being used on an ad-hoc basis. When required, the supplier will be commissioned to undertake an in-person, deep-dive ODD assessment on a third-party investment Manager selected by the PPF. The expectation is that Mercer Sentinel will be able to produce a comprehensive ODD report (Operational Risk Assessment) within a 6-8-week timeframe (from the point of initial contact with the selected Manager).
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Award notice observed
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cff8def3-7f57-4206-8d50-ddeec7d0e22c-789663Awards and suppliers
Buyer: Pension Protection FundSupplier: Mercer Limited
ocds-b5fd17-21030228-ec17-422e-bf98-7bfb78e1086d-1End dates, recurrence wording and links are shown as they appear in public notices. They do not create a new opportunity. If no later linked record appears here, that means Bidwake did not find one in the records it has loaded; it does not prove that none exists.