Published date: 4 August 2022

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


Closing: 18 February 2022, 3pm

Contract summary

Industry

  • Pension fund consultancy services - 66523000

Location of contract

Any region

Value of contract

£72,156

Procurement reference

tender_266532/1094945

Published date

4 August 2022

Closing date

18 February 2022

Closing time

3pm

Contract start date

14 July 2022

Contract end date

30 June 2025

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The objective of the procurement is to find a Pension Consultancy Service provider that is expected to deliver value for money and to offer high quality of services. The main features of services required:
- assistance and advice on local staff pension matters;
- estimating pension costs for the FY;
- presentations in English to all local staff on the changes to pension legislation;
- liaising with the pension provider and carrying out monthly checks;
- supporting with the pension tender every 3-5 years;
- creating excel sheets for local staff incorporating salary, social security, employer and employee pension costs;
- a Pension calculator;
- a yearly overview of the pension situation in the Netherlands and updates when applicable on changes to pension legislation in English. Changes affecting local staff should be presented via a presentation to local staff;
- calculation of pay uplift scenarios;
- other consultations related to the pension actuary services.
The contract duration is three years thereafter with optional extension of another two years (option to renew annually).

Award information

Awarded date

14 July 2022

Contract start date

14 July 2022

Contract end date

30 June 2025

Total value of contract

£72,156

This contract was awarded to 1 supplier.

Bell Pension Consultants & Actuaries

Address

Herculesplein 40, 3584 AA Utrecht

Reference

No reference - other

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Address

King Charles St
London
SW1A 2AN
England

Email

giedre.viclinskaite@fcdo.gov.uk