Tender

CNPP Pension Administration Services

COMBINED NUCLEAR PENSION PLAN TRUSTEES LIMITED

This public procurement record has 1 release in its history.

Tender

24 May 2018 at 13:24

Tender Notice
Summary of the contracting process

The Combined Nuclear Pension Trustees Limited is currently conducting a tender for "CNPP Pension Administration Services" within the pension fund administration services industry. This procurement opportunity, valued at £5,000,000, is based in Hemel Hempstead, England. The tender is in an active stage, with a closing date for submissions set for 10 am on 21 June 2018. Successful bidders will be expected to commence service delivery by 1 April 2019, following an open procurement method under the Public Contract Regulations 2015.

This tender presents a significant opportunity for businesses specialising in pension fund administration services, particularly those experienced in both defined benefit and CARE benefit structures. Companies with expertise in managing multi-employer segregated pension schemes may find this procurement particularly relevant. Engaging in this process could enhance business growth, given the long contract duration, with services continuing until 31 March 2029, providing a stable revenue stream for the selected provider.

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Notice Information

Notice Title

CNPP Pension Administration Services

Notice Description

The Combined Nuclear Pension Plan (CNPP) is a trust based multi-employer segregated pension scheme for workers of certain employers engaged in UK civil nuclear decommissioning activities. The Trustee is seeking to procure defined benefit pension administration services to cover existing final salary benefit structures and a new CARE benefit structure yet to be introduced. The selected provider will be required to deliver the administration service no later than 1 April 2019. This procurement excludes the pension administration of the Nirex Section and of any defined contribution benefit structures. The procurement is being undertaken by CNPP Trustee Ltd the trustee to the CNPP. The Trustee is conducting this procurement as if it were subject to the requirements of the Public Contract Regulations 2015. All tender documents will be held in the electronic data room. To access the procurement documents tenders should email damon@museadvisory.com . When first accessing the electronic data room tenderers will be issued with a secure code to their registered email address which they will need to enter before being able to access the data room. Closing date for receipt of tenders: 10am, 21/06/2018. Additional information: The procurement documents are available for unrestricted and full direct access, free of charge, at: https://musead.sharepoint.com/sites/CNPP To access the procurement documents tenders should email damon@museadvisory.com . When first accessing the electronic data room tenderers will be issued with a secure code to their registered email address which they will need to enter before being able to access the data room. Closing date for receipt of tenders: 10am, 21/06/2018.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-15b827f9-c0c2-4365-8912-54320f3bb537
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d4776e7-19cb-4e4b-ab62-23e08b33e655
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
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 May 20187 years ago
Submission Deadline
21 Jun 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jul 2018 - 31 Mar 2029 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
COMBINED NUCLEAR PENSION PLAN TRUSTEES LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HEMEL HEMPSTEAD
Postcode
HP1 1FW
Post Town
Hemel Hempstead
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
Not specified
Local Authority
Dacorum
Electoral Ward
Boxmoor
Westminster Constituency
Hemel Hempstead

Further Information

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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