Award

Data Validation Services

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

14 Apr 2021 at 08:33

Summary of the contracting process

The Pension Protection Fund, located in Croydon, is seeking to award a contract for Data Validation Services, specifically focused on ensuring the accuracy of member data. This tender falls under the category of pension fund management services and has a total estimated value of £636,000. The contract period begins on 1 April 2021 and is set to end on 30 September 2024, with an option for extension. The procurement method is selective, facilitated through a call-off from a framework agreement, and the tender period closed on 1 February 2021.

This opportunity for Data Validation Services can contribute to business growth for entities specialising in data management, validation, and analysis. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete in this tender, especially those with expertise in pension fund management or similar financial services. Engaging in this contract could position these businesses favourably within the public sector landscape, leveraging their capabilities in maintaining accurate data systems for pension funds.

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Notice Title

Data Validation Services

Notice Description

Data Validation Services relating to the accuracy of member data. Additional information: The initial term is 2 years. This initial term may be extended for a further period provided that the Contract may not extend beyond 30 September 2024. The value stated is an estimate based on current volumes across the initial 2 year term.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-05d33d2c-c4bf-488f-a607-a74f1e116dba
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0770b247-8484-4c05-a110-dc1037b0400a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£636,000 £500K-£1M
Lots Value
Not specified
Awards Value
£636,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20214 years ago
Submission Deadline
1 Feb 2021Expired
Future Notice Date
Not specified
Award Date
28 Mar 20214 years ago
Contract Period
31 Mar 2021 - 30 Sep 2024 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Not specified
Contact Email
commercialservices@ppf.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
Not specified

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

TARGET PROFESSIONAL SERVICES (UK

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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.

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