Published date: 29 July 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Pension services - 66520000
Administration services - 75100000
Government employee pension schemes - 75320000
Location of contract
United Kingdom
Value of contract
£48,000,000
Procurement reference
RM6326 Lot 2
Published date
29 July 2024
Closing date
17 March 2022
Closing time
12am
Contract start date
1 July 2024
Contract end date
31 December 2033
Contract type
Service contract
Procedure type
Competitive procedure with negotiation (above threshold)
Anyone may ask to participate, but only those who are pre-selected will be invited to submit initial tenders and to negotiate.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
This Award Notice relates solely to Lot 2: Procurement for the provision of pension administration for the Royal Mail Statutory Pension Scheme (RMSPS).
The RMSPS Pension Scheme is managed by the Authority. The current contract expires on 30 September 2024.
The RMSPS is the 6th largest public sector pension scheme in the United Kingdom, with approximately 365,000 members
Award information
Awarded date
1 July 2024
Contract start date
1 July 2024
Contract end date
31 December 2033
Total value of contract
£48,000,000
This contract was awarded to 1 supplier.
Capita Pension Solutions Limited
Address
65 Gresham Street London EC2V 7NQ
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
The Cabinet Office
Address
1 Horse Guards Road
London
SW1A 2HQ
England
Telephone
0345 410 2222
csps.futureservice@cabinetoffice.gov.uk
Website
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Closing: 17 March 2022, 12am
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