Tender

Consultancy Services and Research on Technologies for Automatic Pension Enrolment

FOREIGN & COMMONWEALTH OFFICE

This public procurement record has 1 release in its history.

Tender

23 Jun 2020 at 19:02

Tender Notice
Summary of the contracting process

The Foreign & Commonwealth Office (FCO) is conducting a tender for "Consultancy Services and Research on Technologies for Automatic Pension Enrolment" aimed at addressing the transition to a multi-pillar pensions regime in China. This procurement falls under the financial consultancy services category and is currently in the Tender stage, with a deadline for submissions set for 24 July 2020. The contract, valued at £130,000, will commence on 1 October 2020 and is expected to end on 31 March 2021, with the call for proposals accessible via FCO's e-sourcing portal.

This tender presents a significant opportunity for consultancy firms specialising in pension systems, financial technology, and research services. Businesses equipped with expertise in pension enrolment technologies and analytical skills in financial services are particularly well-suited to compete for this contract. Engaging in this project could lead to strategic partnerships and enhancements in service delivery, especially for small and medium-sized enterprises (SMEs) looking to expand their operations in the growing field of pension consultancy in international markets.

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Notice Information

Notice Title

Consultancy Services and Research on Technologies for Automatic Pension Enrolment

Notice Description

Foreign and Commonwealth Office (FCO) is looking for a provider of consultancy services and research on technologies for automatic pension enrolment in China. For this specific project the supplier is to carry out research and analysis on automatic pensions enrolment in China, the UK and other relevant countries and write a report detailing which identified technologies might be replicated in China to support future automatic pensions enrolment. The Pensions Pillar work within the Prosperity Fund Financial Services (FS) Programme (the Programme) in the People's Republic of China is intended to address the current issues associated with the transition from China's current heavy dependence on Pillar 1 pensions to a future multi-pillar pensions regime. This contract will be for the delivery of research and analysis on technological capabilities and infrastructure to support automatic enrolment into Pillar 2 pension saving, considering current and best practices from the UK, China and around the world. From this research, recommendations of specific technologies to support automatic enrolment should be provided, with input from agreed key stakeholders. The supplier will be expected to deliver the following specific outputs: 1. Preparation of a research paper /presentation deck detailing how technology has been utilised in the UK and other relevant jurisdictions to support automatic enrolment and broader Pillar 2 and 3 pensions delivery. 2. Analysis into best financial services delivery practices from around the world, including by workplace and individual pensions providers. 3. Detailed China "as-is" analysis detailing China's current technological capabilities and infrastructure with respect to pensions enrolment 4. Proposal for specific technology and infrastructure to be utilised in China for future automatic pensions enrolment. To access the tender documents, please login or register to FCO's e-sourcing portal https://fco.bravosolution.co.uk. If you have any technical issues with accessing the tender documents, please call e-sourcing helpdesk: +44 203 608 4013 or email: help@bravosolution.co.uk. Any queries related to the subject of this tender should be sent via the messaging function for the itt_3825 - project_4481 - PF China - Pensions Workstream 3 Project 3. Additional information: To access the tender documents, please login or register to FCO's e-sourcing portal https://fco.bravosolution.co.uk. If you have any technical issues with accessing the tender documents, please call e-sourcing helpdesk: +44 203 608 4013 or email: help@bravosolution.co.uk. Any queries related to the subject of this tender should be sent via the messaging function for the itt_3821 - PF China Financial Services Programme Fin Tech Pillar Workstream 3 Project 2 "Regulatory Sandbox" knowledge exchange and training.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-398c464e-6b71-44cb-b844-2d9308591d0c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4e249b14-2c3c-46f9-b462-3e77770b0b85
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

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£130,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jun 20205 years ago
Submission Deadline
24 Jul 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2020 - 31 Mar 2021 6-12 months
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
FOREIGN & COMMONWEALTH OFFICE
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 2AH
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
Not specified
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

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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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