Tender

GSV1701-Provision of Third party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)

PARLIAMENT UK

This public procurement record has 4 releases in its history.

TenderAmendment

16 May 2018 at 14:57

TenderAmendment

16 May 2018 at 14:57

TenderAmendment

16 May 2018 at 14:45

Tender

24 Apr 2018 at 08:51

Summary of the contracting process

The Parliament UK is currently seeking bids for the "GSV1701-Provision of Third Party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)". This open procurement opportunity falls within the pension fund administration services industry sector and is based in London, with a contract period commencing on 9th July 2018 and concluding on 8th July 2028, valued at approximately £2 million over its full duration. The deadline for tender submissions is set for 10:00 am on 29th May 2018.

This tender presents a significant opportunity for firms specialising in pension administration, consultancy, and related financial services, particularly those with experience in working with public sector entities. Small and medium-sized enterprises (SMEs) are encouraged to apply, and the winning contractor will need to exhibit a comprehensive understanding of the PCPF's unique client base, as well as the ability to provide holistic communications in collaboration with the Trustees. This contract not only offers a sizeable financial commitment but also a chance to engage in prominent public service duties.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

GSV1701-Provision of Third party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)

Notice Description

The Parliamentary Contributory Pension Fund which is governed by a board of Trustees outsources the administration of the scheme to a third party. The present supplier's contract will come to an end and the Trustees are therefore issuing an invitation to tender for the provision of this service. The supplier will work closely with the Secretariat who support the trustees and are based in the Corporate Services team in the House of Commons. The PCPF is however a separate legal entity from the house of Commons. The contract is for a period of 5 years with an option to extend for another 5 under the same terms. The estimated value of the contract is PS2 million over the extended life of the contract. The PCPF is a small (approx. PS700 million) funded, public sector scheme which is unique in the public-sector sphere. The scheme is a defined benefit scheme, with CARE and final salary sections, has approximately 2,500 members and is open to UK Members of Parliament and paid Ministers. In addition to providing core administration services to the Trustees, the supplier will be expected to demonstrate an understanding of the nature of PCPF client base, take a pro-active approach (in relation to responsibilities under contract and topical issues) and provide clear, effective and holistic communications supporting the Trustees' communications strategy. Additional information: The ITT documents will be accessible at the Houses of Parliament's e-procurement portal: http://in-tendhost.co.uk/parliamentuk. Tender submissions must be uploaded to the e-procurement portal; electronic responses submitted via e-mail are not acceptable. To access these documents select the tender reference GSV1701 in the 'current tenders' list, click on the 'view tender details' and express interest by clicking on the button provided. You will need to register your company details, thereafter you will be issued with a username and password. If you have previously registered with In-Tend, please follow the link shown which will redirect you to the home page where you can log on using your existing username and password to collect the tender documents. If you have registered and forgotten your username and password, click on the 'forgotten password' link on the In-Tend homepage. Please keep this username and password secure and do not pass it to any third parties. If you are experiencing problems, please contact the PPCS Business Support team via email: ppcs@parliament.uk or call +44 (0)207 219 1600 for further assistance. You are advised to allow sufficient time when responding to this ITT, and for the full uploading of documents, prior to the closing date of 10.00 am UK time on 29th of May 2018. Late tenders will not be accepted. If you are uploading multiple documents you will have to individually load one document at a time or you can opt to zip all the documents in an application such as WinZip or WinRAR. Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66500000 - Insurance and pension services

66520000 - Pension services

66523000 - Pension fund consultancy services

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20187 years ago
Submission Deadline
29 May 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Jul 2018 - 8 Jul 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PARLIAMENT UK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 0PW
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802-2018-05-16T15:57:35+01:00",
    "date": "2018-05-16T15:57:35+01:00",
    "ocid": "ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "GSV1701",
        "title": "GSV1701-Provision of Third party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)",
        "description": "The Parliamentary Contributory Pension Fund which is governed by a board of Trustees outsources the administration of the scheme to a third party. The present supplier's contract will come to an end and the Trustees are therefore issuing an invitation to tender for the provision of this service. The supplier will work closely with the Secretariat who support the trustees and are based in the Corporate Services team in the House of Commons. The PCPF is however a separate legal entity from the house of Commons. The contract is for a period of 5 years with an option to extend for another 5 under the same terms. The estimated value of the contract is PS2 million over the extended life of the contract. The PCPF is a small (approx. PS700 million) funded, public sector scheme which is unique in the public-sector sphere. The scheme is a defined benefit scheme, with CARE and final salary sections, has approximately 2,500 members and is open to UK Members of Parliament and paid Ministers. In addition to providing core administration services to the Trustees, the supplier will be expected to demonstrate an understanding of the nature of PCPF client base, take a pro-active approach (in relation to responsibilities under contract and topical issues) and provide clear, effective and holistic communications supporting the Trustees' communications strategy. Additional information: The ITT documents will be accessible at the Houses of Parliament's e-procurement portal: http://in-tendhost.co.uk/parliamentuk. Tender submissions must be uploaded to the e-procurement portal; electronic responses submitted via e-mail are not acceptable. To access these documents select the tender reference GSV1701 in the 'current tenders' list, click on the 'view tender details' and express interest by clicking on the button provided. You will need to register your company details, thereafter you will be issued with a username and password. If you have previously registered with In-Tend, please follow the link shown which will redirect you to the home page where you can log on using your existing username and password to collect the tender documents. If you have registered and forgotten your username and password, click on the 'forgotten password' link on the In-Tend homepage. Please keep this username and password secure and do not pass it to any third parties. If you are experiencing problems, please contact the PPCS Business Support team via email: ppcs@parliament.uk or call +44 (0)207 219 1600 for further assistance. You are advised to allow sufficient time when responding to this ITT, and for the full uploading of documents, prior to the closing date of 10.00 am UK time on 29th of May 2018. Late tenders will not be accepted. If you are uploading multiple documents you will have to individually load one document at a time or you can opt to zip all the documents in an application such as WinZip or WinRAR. Is a Recurrent Procurement Type? : No",
        "datePublished": "2018-04-24T09:51:31+01:00",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66523100",
            "description": "Pension fund administration services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66520000",
                "description": "Pension services"
            },
            {
                "scheme": "CPV",
                "id": "66523000",
                "description": "Pension fund consultancy services"
            },
            {
                "scheme": "CPV",
                "id": "66500000",
                "description": "Insurance and pension services"
            },
            {
                "scheme": "CPV",
                "id": "66000000",
                "description": "Financial and insurance services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SW1A 0PW"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "SW1A 0PW"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "SW1A 0PW"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "SW1A 0PW"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 2000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2018-05-29T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2018-07-09T00:00:00+01:00",
            "endDate": "2028-07-08T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f",
                "datePublished": "2018-05-16T15:57:35+01:00",
                "format": "text/html",
                "language": "en",
                "dateModified": "2018-05-16T15:57:35+01:00"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Additional information on how to apply for this contract",
                "url": "https://in-tendhost.co.uk/parliamentuk/aspx/"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-31314",
            "name": "Parliament UK",
            "identifier": {
                "legalName": "Parliament UK"
            },
            "address": {
                "streetAddress": "Westminster, London",
                "locality": "London",
                "postalCode": "SW1A 0PW",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Parliamentary Procurement & Commercial Service",
                "email": "ppcs@parliament.uk",
                "telephone": "02072191600"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-31314",
        "name": "Parliament UK"
    }
}