Lornefield Pensions Administration - Proposal v1
Documentdraft Lornefield Pensions Administration: documents · proposal · draft · 2023-02-01
Draft Starter-tier proposal dated 1 Feb 2023, written by Nell Ashcombe and not yet issued. The annual price is nineteen thousand five hundred pounds; the first-year deal amount with one-off implementation is twenty-five thousand five hundred pounds. No availability or P1 time is stated.
What it says
What this says
Current to 11 Oct 26Draft Starter-tier proposal dated 1 Feb 2023, written by Nell Ashcombe and not yet issued. The annual price is nineteen thousand five hundred pounds; the first-year deal amount with one-off implementation is twenty-five thousand five hundred pounds. No availability or P1 time is stated.
What it is: an internal draft proposal for the Starter tier, written by Nell Ashcombe and marked "Not yet issued to the customer". It frames Lornefield as a design partner in B-Brain's first year.
Commits: nothing binding, as it is a draft. It sets out fifteen users, up to four connectors, a four-week fixed-fee implementation and invoices on thirty-day terms.
Price: "The annual price is nineteen thousand five hundred pounds." The deal amount of twenty-five thousand five hundred pounds covers subscription plus implementation in the first year and is not the annual price.
Not settled: the first four connectors, the day-to-day project owner on the customer side, and whether the design-partner arrangement needs a separate letter. It states no availability, P1 response time, refresh deadline or service credit, and no renewal or end date.
As found in this document
Current to 9 Oct 26- Annual subscription pricenineteen thousand five hundred pounds, annual, in advancenineteen thousand five hundred pounds, annual, in advance · Source: object_read:doc_005_001
- Deal amounttwenty-five thousand five hundred pounds, subscription plus implementation, first yeartwenty-five thousand five hundred pounds, subscription plus implementation, first year · Source: object_read:doc_005_001
- Implementationfour weeks, one-off, fixed fee, included in deal amountfour weeks, one-off, fixed fee, included in deal amount · Source: object_read:doc_005_001
- Invoice termsthirty-day termsSource: object_read:doc_005_001
- UsersFifteen usersSource: object_read:doc_005_001
- ConnectorsUp to four connectorsSource: object_read:doc_005_001
The document
Body
Lornefield Pensions Administration - Proposal v1
Status: Draft. Dated 1 Feb 2023. Written by Nell Ashcombe, Chief Executive Officer and Co-founder, B-Brain. Not yet issued to the customer.
Context
Lornefield Pensions Administration is a third-party administrator for occupational pension schemes, based in Edinburgh and regulated by The Pensions Regulator. You have agreed to be a design partner in B-Brain's first year, which means we want your honest view of what works and what does not.
Your scheme-relationship managers currently piece together a picture of each scheme from trustee calls, member-query tickets and fee invoices held in different places. The aim of the brain is to give them one view.
What we propose
The Starter tier of the company brain, built and run inside your own Snowflake account.
- One team to begin with: the scheme-relationship managers.
- Fifteen users.
- Up to four connectors, covering the sources that hold trustee calls, member-query tickets and fee invoices.
- Pages, chat and search across the connected data.
- A six-monthly check-in with your customer success manager.
Implementation
Read the whole document (2,365 characters)
A fixed-fee implementation of four weeks, in which we connect your sources, build the first pages and train the first group of users. The fee is one-off and is included in the deal amount below.
Pricing
| Item | Basis | Amount |
|---|---|---|
| Company Brain - Starter subscription | Annual, in advance | nineteen thousand five hundred pounds |
| Implementation - Starter | One-off, fixed fee | included in deal amount |
| Deal amount | Subscription plus implementation | twenty-five thousand five hundred pounds |
The annual price is nineteen thousand five hundred pounds. The deal amount of twenty-five thousand five hundred pounds is the value of the whole deal in its first year, including the one-off implementation fee. It is not the annual price. Invoices are on thirty-day terms.
Open points in this draft
- Which sources go into the first four connectors.
- Who on your side will own the project day to day.
- Whether the design-partner arrangement needs a separate letter.
Next steps
- Nell to review this draft and agree the open points internally.
- A final proposal to follow, issued as a PDF.
- A Master Services Agreement and order form to follow once you are happy with the scope.
Unusual terms
Current to 9 Oct 26- Design-partner arrangement
- Deal amount includes one-off implementation
- Not yet issued to the customer