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Cost Transparency and Benchmarking Services 2026

Welcome to the National LGPS Framework for Cost Transparency and Benchmarking Services (NCCT43181).

Overview

PLEASE NOTE: We are currently experiencing issues with the Option Form and Confidentiality Statement on the website. If you need more information about this framework, or if you would like access to the documentation, please email a completed Confidentiality Statement to NationalLGPSFrameworks@norfolk.gov.uk. You can find this document, which includes instructions on how to complete it, in the 'Additional Documents' section at the bottom of this page.

Lots

The Framework is split across 2 Lots:

  • Lot 1 - Investment Cost Data Collation and Reporting Services
  • Lot 2 - Investment Cost Data Analysis and Benchmarking Services

There are 4 providers on the Framework split across the 2 Lots:

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Provider
Byhiras
CACEIS Investor Services
CEM Benchmarking UK Ltd
ClearGlass

FAQs

The Cost Transparency and Benchmarking Services Framework is available from 5th May 2026 until 4th May 2030.

Please remember that if you are using a Framework, your Order Form must be signed by the expiry date of the Framework.

Contracts let under the Framework can run for up to ten years, with a final contract end date of 3 May 2040.

No, there is no joining fee to use this framework.

The Cost Transparency and Benchmarking Services Framework may be used by:

  • Any LGPS administering authority as defined in the Local Government Pension Scheme Regulations 2013 (SI 2013/2356) (as amended) including the Firefighter's Pension Scheme and Police Pension Schemes and any of their participating employing authorities, or in relation to the LGPS in Scotland, any administering authority and any of their scheme employers as defined in the Local Government Pension Scheme (Scotland) Regulations 2018 (SSI 2018/141) (as amended),
  • NILGOSC in Northern Ireland and employing authorities as defined in the Local Government Pension Scheme Regulations (Northern Ireland) 2014 (SRNI 2014/188) (as amended),
  • The Board of the Pension Protection Fund (https://ppf.co.uk),
  • The Local Government Association (LGA) (https://local.gov.uk),
  • Any other administering authority or scheme manager of a public-sector pension scheme or any public-sector body that requires pensions related services, and
  • Any LGPS Fund(s) or groups of funds, or any bodies, organisations or companies established by them for the purpose of operating on a collective basis.

Procurement can take significant time and money, both for the awarding authority and the service provider.  The National LGPS Framework for Cost Transparency and Benchmarking Services is fully compliant with the Procurement Act 2023.  It reduces the time and costs associated with the procurement process by offering a facility that has already been competitively tendered. It aims to deliver access at the best possible price to high-quality, efficient and effective Actuarial Services providers. Benefits include:

  • Shortened timescales
  • Reduced procurement and legal costs
  • Robust and transparent process with a high level of due diligence and specialist support
  • Agreed Terms and Conditions of contract with providers
  • Access to specialist providers whose experience and quality has been tested
  • Comprehensive user documentation and support from Frameworks team
  • Provider ceiling prices established

The Procurement Act 2023 applies to the Cost Transparency and Benchmarking Services Framework, including all call-off contracts let via it.

Additional Resources

Framework User Guide

This guide contains important information on what you'll need to do to call-off from a National LGPS Framework.

Additional Documents - Cost Transparency and Benchmarking Services Framework

Access key documents for the Cost Transparency and Benchmarking Services Framework, including the original Specification of Requirements, Sample Members Access Agreement and Annex A.

Related Frameworks

Actuarial, Benefits and Governance Consultancy Services Framework

The Actuarial, Benefits and Governance Consultancy Services Framework is the flagship service of the National LGPS Frameworks, having been the first Framework launched when the programme began in 2012. This is the third iteration of the Actuarial Framework, launched in 2021, and has been streamlined and improved upon since the original.

Investment Management Consultancy Services Framework

This third iteration of the National LGPS Framework for Investment Management Consultancy Services was expanded to enable Cost Monitoring and Reporting services to also be procured. The Framework offers the LGPS community a quick and efficient route to market for a wide range of investment services.