Judicial Pension Scheme Administration

MINISTRY OF JUSTICE

There is 1 contract in this contracting process.

Summary of the contracting process

The Ministry of Justice (MoJ) has issued a tender for the "Judicial Pension Scheme Administration" with the objective of identifying a supplier to manage the scheme for up to 8 years. This procurement falls under the "Insurance and Pension Services" industry category and is open internationally, covering regions like the United Kingdom, British Overseas Territories, Channel Islands, Isle of Man, Europe, and the Rest of the World. The procurement is currently in the Tender stage, with a tender period ending on 20th January 2025 and the contract set to commence on 1st October 2025, concluding on 30th September 2033. The total value of the contract is estimated at £18,600,000, and an open procedure (above threshold) procurement method will be employed.

This tender presents significant growth prospects for businesses specialising in pension administration services, particularly those experienced in digitisation and automation. The MoJ is looking for suppliers who can deliver high-quality pension administration while ensuring value for money and long-term sustainability. Small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are especially encouraged to apply, offering an excellent growth opportunity for businesses that align with the procurement's objectives and requirements. Successful bidders will be instrumental in modernising the judiciary's pension system, thereby expanding their portfolio and market presence.

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Tender

Judicial Pension Scheme Administration

MINISTRY OF JUSTICE

Contract Timeline

Publication Date

30th October 2024 15:50:30 PM

Tender Deadline

20th January 2025 12:00:00 PM 17 days remaining
Contract Summary

The MoJ is running an open procedure for the Judicial Pensions Administration scheme. The aim of the procurement is to find a suitable supplier to administer the running of the Judicial Pensions administration for a period of up to 8 years. The aim of this scheme is to deliver high quality pensions administration for the judiciary, enabled by good quality data, automation, digitisation and member self-service, whilst delivering value for money and a sustainable long-term delivery model.
Contract Details

Open Contracting ID

ocds-b5fd17-0a98cde7-b370-4a04-96be-95d82f65de25

Publication Source

Contracts Finder

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure (above Threshold)

Procurement Category

Services

Tender Suitability

SME VCSE

Framework / DPS
Contract Classification

CPV Code(s)

66500000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

MINISTRY OF JUSTICE

Buyer Name

Buyer Email

ccmdfinancialservices@justice.gov.uk

Buyer Phone

Buyer Address

5 Wellington Place

Leeds

LS1 4AP

England

View contract on Contracts Finder

Judicial Pension Scheme Administration

MINISTRY OF JUSTICE

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority