Published date: 23 June 2020

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: 24 July 2020

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

Any region

Value of contract

£130,000

Procurement reference

tender_241772/864486

Published date

23 June 2020

Closing date

24 July 2020

Contract start date

1 October 2020

Contract end date

31 March 2021

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

Foreign and Commonwealth Office (FCO) is looking for a provider of consultancy services and research on technologies for automatic pension enrolment in China.
For this specific project the supplier is to carry out research and analysis on automatic pensions enrolment in China, the UK and other relevant countries and write a report detailing which identified technologies might be replicated in China to support future automatic pensions enrolment.
The Pensions Pillar work within the Prosperity Fund Financial Services (FS) Programme (the Programme) in the People's Republic of China is intended to address the current issues associated with the transition from China's current heavy dependence on Pillar 1 pensions to a future multi-pillar pensions regime.

This contract will be for the delivery of research and analysis on technological capabilities and infrastructure to support automatic enrolment into Pillar 2 pension saving, considering current and best practices from the UK, China and around the world. From this research, recommendations of specific technologies to support automatic enrolment should be provided, with input from agreed key stakeholders.

The supplier will be expected to deliver the following specific outputs:

1. Preparation of a research paper /presentation deck detailing how technology has been utilised in the UK and other relevant jurisdictions to support automatic enrolment and broader Pillar 2 and 3 pensions delivery.

2. Analysis into best financial services delivery practices from around the world, including by workplace and individual pensions providers.

3. Detailed China "as-is" analysis detailing China's current technological capabilities and infrastructure with respect to pensions enrolment

4. Proposal for specific technology and infrastructure to be utilised in China for future automatic pensions enrolment.

To access the tender documents, please login or register to FCO's e-sourcing portal https://fco.bravosolution.co.uk. If you have any technical issues with accessing the tender documents, please call e-sourcing helpdesk: +44 203 608 4013 or email: help@bravosolution.co.uk.

Any queries related to the subject of this tender should be sent via the messaging function for the itt_3825 - project_4481 - PF China - Pensions Workstream 3 Project 3.

More information

Links

Additional text

To access the tender documents, please login or register to FCO's e-sourcing portal https://fco.bravosolution.co.uk. If you have any technical issues with accessing the tender documents, please call e-sourcing helpdesk: +44 203 608 4013 or email: help@bravosolution.co.uk.

Any queries related to the subject of this tender should be sent via the messaging function for the itt_3821 - PF China Financial Services Programme Fin Tech Pillar Workstream 3 Project 2 "Regulatory Sandbox" knowledge exchange and training.

About the buyer

Address

King Charles Street
London
SW1A 2AH
England

Email

ChinaFCOFSPProcurement@thepalladiumgroup.com