Tender

Professional Services Framework (Admin, Actuarial, and Consultancy) 2023

PENSION PROTECTION FUND

This public procurement record has 2 releases in its history.

TenderAmendment

28 Jun 2023 at 13:13

Tender Notice
Tender

22 Jun 2023 at 11:26

Tender Notice
Summary of the contracting process

The Pension Protection Fund is looking to establish a Professional Services Framework for Administration, Actuarial, and Consultancy services. The framework agreement will have 2 lots, each allowing up to 15 firms. Suppliers may be on both lots. The initial contract duration is 2 years, with a possible extension of up to 4 years. The National Employment Savings Trust (NEST) may also use the framework for services. The tender deadline is July 26, 2023, with a contract period from December 2, 2023, to December 1, 2025. The procurement method is an open procedure above the threshold, suitable for SMEs.

This opportunity presents potential for specialist firms in the insurance and pension services industry to secure contracts with the Pension Protection Fund. Businesses with expertise in Administration, Actuarial, and Consultancy services are well-suited to compete. Suppliers capable of providing high-quality services in accordance with the framework's terms and conditions could benefit from long-term collaboration and growth opportunities within the public procurement sector.

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Notice Information

Notice Title

Professional Services Framework (Admin, Actuarial, and Consultancy) 2023

Notice Description

The Board of the Pension Protection Fund would like to procure a new Framework Agreement of specialist firms to provide Administration, Actuarial, Support and Consultancy Services. The maximum number of firms per lot that will be admitted to the framework agreement are as follows: Lot 1: 15 Lot 2: 15 The same supplier may be on both Lots. In this scenario, this means the supplier would take one place on each Lot. The Framework Agreement will be awarded for an initial period of two (2) years, the Framework Agreement may be extended on the same terms and conditions at the Board's option for a further period or periods not exceeding four (4) years in total. National Employment Savings Trust (NEST) may also choose to contract for services via a call-off from the framework. Please visit our tendering portal to access the procurement documents. You will need to create an account on the PPF tendering portal if you have not used it before. https://ppf.bravosolution.co.uk/web/login.html

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1c282ce9-6d22-4905-ae9a-533f2ba188b6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7bddcaf6-ce81-486a-aa23-a36bea9fe831
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
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

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jun 20232 years ago
Submission Deadline
26 Jul 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Dec 2023 - 1 Dec 2025 2-3 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
PENSION PROTECTION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Further Information

Notice Documents

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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