Published date: 24 December 2018

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 25 January 2019

Contract summary

Industry

  • Pension services - 66520000

  • Government employee pension schemes - 75320000

Location of contract

Any region

Value of contract

£235,000,000

Procurement reference

RM6117.

Published date

24 December 2018

Closing date

25 January 2019

Contract start date

1 January 2020

Contract end date

31 December 2028

Contract type

Service contract

Procedure type

Competitive dialogue (above threshold)

Tenders are invited from pre-qualified suppliers after discussion of requirements and potential solutions.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Procurement for provision of pension administration services for the Civil Service Pension Scheme ("CSPS"). This scheme is managed by the Authority. The current contract expires on 31 December 2021.
The Authority's aim is to transform the CSPS into the best administered, best managed and best value public sector pension scheme in the United Kingdom (UK).

The Authority is therefore looking for proposals to respond to this significant pension administration services opportunity. This procurement is solely for the administration services of the CSPS and associated schemes as referred to in para II.2.4 below. The successful supplier will be expected to work with the Authority in its role as Scheme Manager, as well as with all current and potential employers (of whom there are currently around 350) covered by the scheme. The successful supplier will deliver a transformed service to the 1.5 million CSPS members. The CSPS is currently the 3rd largest public sector pension scheme in the UK.

More information

Attachments

About the buyer

Address

The Cabinet Office
1 Horse Guards Road
London
SW1A 2HQ
England

Telephone

+44 02072761234

Email

csps.futureservice@cabinetoffice.gov.uk

Website

http://www.gov.uk/cabinetoffice