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State Sector Retirement Savings Scheme (SSRSS) Performance Monitoring Advice and Secretariat Services

Details

Tender Closed
RFx ID : 18590353
Tender Name : State Sector Retirement Savings Scheme (SSRSS) Performance Monitoring Advice and Secretariat Services
Reference # :
Open Date : Monday, 24 April 2017 3:00 PM (Pacific/Auckland UTC+12:00)
Close Date  : Wednesday, 24 May 2017 5:00 PM (Pacific/Auckland UTC+12:00)
Department/Business Unit : State Services Commission
Tender Type : Request for Quotations (RFQ)
Tender Coverage : Sole Agency  [?]
Categories :
  • 84130000 - Insurance and retirement services
Regions:
  • New Zealand
Exemption Reason : None
Required Pre-qualifications : None
Contact : Nicholai Mumford
nicholai.mumford@ssc.govt.nz
+64 4 495 6622
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Agency Address : NEW ZEALAND
Overview

The State Sector Retirement Savings Scheme (SSRSS) is a voluntary savings scheme specially designed for the State sector. Following the Government's decisions for the implementation of KiwiSaver in the State sector, the SSRSS closed to all new members from 1 October 2008. The scheme is operated by two providers, ASB and AMP, with oversight by the State Services Commissioner (the Commissioner), supported by an advisory board.

The State Services Commission (SSC) is looking for a credible provider who has the capability and experience to deliver performance monitoring services in respect of the SSRSS scheme, and secretariat support services to the advisory board.

The successful provider needs to have a good track record in the providing financial analysis in the areas of superannuation and KiwiSaver.

RFx Outcome

This tender has been awarded to:

  • Melville Jessup Weever

Further Award Information:
Purchaser: State Services Commission, 2 The Terrace, Wellington 6011
Successful supplier: Melville Jessup Weaver (MJW), Level 5, 40 Mercer Street, Wellington 6140
Description of services: Performance monitoring advice on the performance of the SSRSS fund and secretariat services to the SSRSS advisory board.
Date the contract was awarded: 2 August 2017
Term of the contract: 3 years, with option to extend for a further 3 years
Expected spend under the contract: $120,000 - $240,000
Type of procurement process used: Open tender

Award Date: Thursday, 3 August 2017 (Pacific/Auckland UTC+12:00)
Date RFx was completed/updated: Wednesday, 2 August 2017 2:44 PM (Pacific/Auckland UTC+12:00)