Published date: 23 June 2023

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


Closing: 18 August 2023, 12pm

Contract summary

Industry

  • Pension fund administration services - 66523100

Location of contract

Any region

Value of contract

£233,866,286.34

Procurement reference

tender_240658/1228230

Published date

23 June 2023

Closing date

18 August 2023

Closing time

12pm

Contract start date

1 October 2023

Contract end date

30 September 2035

Contract type

Service contract

Procedure type

Competitive dialogue (above threshold)

Tenders are invited from pre-qualified suppliers after discussion of requirements and potential solutions.

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The purpose of this Notice is to Notify of the outcome of the procurement for the provision of a new administration service to ensure the successful continuation of delivery of the Teachers' Pension Scheme.

More information

Attachments

Links

Additional text

The Value of the Contract Excluding the optional up to 5 years extension is: £173,951,390.15.

Award information

Awarded date

28 May 2023

Contract start date

1 October 2023

Contract end date

30 September 2035

Total value of contract

£233,866,286.34

This contract was awarded to 1 supplier.

Tata Consultancy Services Limited

Address

18 Grosvenor Place, London, SW1X 7HS

Reference

Companies House number: BR007627

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Sanctuary Buildings, 20, Great Smith Street
London
SW1P 3BT
England

Email

TPS.COMMERCIAL@education.gov.uk

Website

https://www.gov.uk/government/organisations/department-for-education