Pension - Pensions Administration Software for the Isle of Wight Council through the LGPS Framework for Pensions Administration Software

2. VI.3 Additional Information

Note re IV.I.I - the procurement process used was actually a Further Competition under the National LGPS Framework for Pensions Administration Software Primarily in Support of the Local Government Pension Scheme (NCCT41608) Note - the tendered value based on (1) migration costs and (2) a total for the first 5 years of the contract as per the tender documents UPDATED: A variation was agreed Jan 2025 which could inc whole life costs from The whole life cost is likely to be in the region of 2,860,000 GBP. to £3,091,925 GBP which is an increase of 8.1%. This is included for full transparency.