Published date: 3 November 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Pension services - 66520000
Location of contract
SW1A 2AH
Value of contract
£1,037,610
Procurement reference
tender_446728/1493619
Published date
3 November 2025
Closing date
17 December 2024
Closing time
5pm
Contract start date
1 August 2025
Contract end date
31 July 2032
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
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
The FCDO requires a supplier to provide administration and payment of pensions on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners currently entitled to life pensions, for the contract term.
This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.
Award information
Awarded date
10 April 2025
Contract start date
1 August 2025
Contract end date
31 July 2032
Total value of contract
£1,037,610
This contract was awarded to 1 supplier.
CROWN AGENTS BANK LIMITED
Address
The News Building, London
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
The Foreign Commonwealth and Development Office
Address
https://fcdo.bravosolution.co.uk/web/login.html
London
SW1A 2AH
England
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Closing: 17 December 2024, 5pm
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