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Public Contracts Scotland verified 1 month ago Contract award

CFM0478

Awarded United Kingdom Financial & insurance services

Buyer Fife Council

€734,780 awarded value

Key facts

Awarded
Procedure
Open procedure Anyone may submit a bid, in one step, with no pre-selection. Full entry
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Awarded to

Federated Hermes

Awarded value
€734,780
Record with this buyer
1 first contract from this buyer in the register

Summary

Machine-generated summary

Fife Council has awarded a contract for Voting and Engagement Services for the Fife Pension Fund. The award was made through a collaborative mini-competition run by Edinburgh City Council on behalf of participating authorities under the Local Government Pension Scheme (LGPS) Framework NCCT42176 - Stewardship Services, Lot 3: Voting and Engagement Services. As Fife Council was a named participant in the collaboration agreement, the contract was awarded to the successful supplier, Federated Hermes. The awarded value is EUR 734,779.57 and the award date is 2026-07-02.

Timing

  1. Awarded
  2. Published

Description

Fife Council intends to appoint a contractor to deliver Voting and Engagement Services for the Fife Pension Fund. Edinburgh City Council undertook a collaborative mini-competition on behalf of participating authorities under the Local Government Pension Scheme (LGPS) Framework NCCT42176 - Stewardship Services, Lot 3: Voting and Engagement Services. As Fife Council was a named participant in the collaboration agreement, the resulting contract award can now be made to the successful supplier. Award against framework: CCT42176 - Stewardship Services Lot 3 Voting and Engagement Services Award made inline with the Local Government Pension Scheme (LGPS) Framework NCCT42176 - Stewardship Services, Lot 3: Voting and Engagement Services. (SC Ref:836338)

Official source

Source: Public Contracts Scotland

Always verify details on the official notice.

Last verified against Public Contracts Scotland 1 month ago

Documents on Public Contracts Scotland (English)

Market

Financial & insurance services in United Kingdom

median award in this market
€140,543
More figures

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 192 awards for Financial & insurance services in United Kingdom.

This award
€734,780
Median award
€140,543
Middle half of past awards
€58,756 to €502,380

The award is larger than three in four past awards.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Market context

open now in Financial & insurance services
2,081
median open notice
€357,284

Who wins in this market

Many suppliers

United Kingdom · Financial & insurance services

different companies won awards here
153
of the awards went to the three most frequent winners
15%
buyers awarded contracts here
154

Based on 240 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

The buyer in figures

Fife Council

notices in the register
173
awards
124
awarded in total
€81.1M

Who wins its contracts

Many suppliers
different companies won its awards
113
of the awards went to the three most frequent winners
7%
of its calls state an estimated value
29%

Based on 123 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Fife Council

United Kingdom

Awards most often to

  1. Hub East Central Scotland Limited 3 awards €6.5M
  2. MAN Truck & Bus UK Ltd 3 awards €445,203
  3. Boxxe Limited 2 awards €1.3M

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