Published date: 26 February 2020

This notice was replaced on 5 January 2023

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 5 January 2023)

Awarded contract - This means that the contract has been awarded to a supplier.


Contract summary

Industry

  • Insurance and pension services - 66500000

Location of contract

Any region

Value of contract

£5,000,000 to £50,000,000

Procurement reference

tender_217394/840093

Published date

26 February 2020

Closing date

2 October 2019

Contract start date

2 December 2019

Contract end date

1 December 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

The Board of the Pension Protection Fund would like to procure a new Framework Agreement of specialist
firms to provide Administration, Actuarial, Support and Consultancy Services.

Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time, firms on this lot have direct experience in the pensions industry.

Lot 2 is aimed at firms with specialist actuarial capabilities who will have experience in either the pensions or insurance industries. Firms on Lot 2 are therefore able to provide a broad scope of the specified actuarial consultancy services, although not necessarily all, as the intention was to establish a reasonable pool of suppliers who are capable of delivering any specific call-off contract
we intend to seek to award.

NEST may also choose to contract for services via a call-off from the Framework.

The final value of the framework across the maximum term may fall within a huge range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of.

Award information

Awarded date

15 January 2020

Contract start date

2 December 2019

Contract end date

1 December 2021

Total value of contract

£5,000,000

This contract was awarded to 9 suppliers.

Broadstone Corporate Benefits Limited

Address

100 Wood Street

Reference

Companies House number: 07978187

Supplier is SME?

Yes

Supplier is VCSE?

No

Additional details

Lot 1

Government Actuary's Department

Address

Finlaison House, 15-17 Furnival Street, London, EC4A 1AB

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Lot 2

Hymans Robertson LLP

Address

One London Wall, London, EC2Y 5EA

Reference

Companies House number: OC310282

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Lot 2

Barnett Waddingham LLP

Address

2 London Wall Place, LONDON, EC2Y 5AU

Reference

Companies House number: OC307678

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Lot 1 and 2

Deloitte Total Reward and Benefits Limited

Address

Hill House, 1 Little New Street, EC4A 3TR

Reference

Companies House number: 03981512

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Lot 1 and 2

Mercer Limited

Address

Tower Place West, 50 Lower Thames St, London, EC3R 5BU

Reference

Companies House number: 0984275

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Lots 1 and 2

XPS Pensions Consulting Limited

Address

Phoenix House, 1 Station Hill, Reading, RG1 1NB

Reference

Companies House number: 2459442

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Lots 1 and 2

Quattro Pensions Consulting Limited

Address

Prospect House, Fishing Line Road, Redditch, B97 6EW

Reference

Companies House number: 06321397

Supplier is SME?

Yes

Supplier is VCSE?

No

Additional details

Lots 1 and 2

Spence & Partners Limited

Address

Linen Loft, 27-37 Adelaide Street, Belfast, BT2 8FE

Reference

Companies House number: NI037760

Supplier is SME?

Yes

Supplier is VCSE?

No

Additional details

Lots 1 and 2

About the buyer

Address

Renaissance, 12 Dingwall Road
Croydon
EC2V 7AN
England

Email

commercialservices@ppf.co.uk