Award

Pension Administration 2023 - 2025

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

08 Jan 2024 at 13:59

Award Notice
Summary of the contracting process

The National Audit Office has awarded a contract for the provision of pension administration services under the title "Pension Administration 2023 - 2025". The procurement method used was a direct single tender action below the threshold, with a contract value of GBP 80,000. The tender period ended on September 1, 2023, and the contract is set to start on October 1, 2023, with an end date of February 28, 2026. The buying organisation, National Audit Office, is located in London, England (SW1W 9SP) and falls under the services industry category.

This tender for pension administration services presents business growth opportunities for service providers, especially SMEs. Businesses well-suited for this tender are those experienced in pension fund administration services. Considering the nature of the procurement method and the contract value, smaller firms with expertise in providing such services may find this opportunity particularly suitable to expand their business.

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Notice Information

Notice Title

Pension Administration 2023 - 2025

Notice Description

Provision of pension administration

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-42c32356-cf3b-4e5e-b424-6ae6f24ffae2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f952bf84-b5cb-40ca-bb9d-a093332694d3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£80,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jan 20242 years ago
Submission Deadline
1 Sep 2023Expired
Future Notice Date
Not specified
Award Date
14 Sep 20232 years ago
Contract Period
30 Sep 2023 - 28 Feb 2026 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Tania Khan
Contact Email
nao.procurement@nao.org.uk
Contact Phone
02077987000

Buyer Location

Locality
LONDON
Postcode
SW1W 9SP
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
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MYCSP

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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