Award

BPDTS Provision of Pension Scheme Contract Award

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

04 Mar 2021 at 15:30

Award Notice
Summary of the contracting process

The Department for Work and Pensions has completed the procurement process for the "BPDTS Provision of Pension Scheme Contract Award." This contract, valued at £250,000, was awarded to AVIVA LIFE & PENSIONS UK LIMITED and falls within the insurance and pension services industry category. The procurement method used was a single tender action, designated as a direct procurement, due to its value being below the prescribed threshold. The contract period commenced on 1st December 2020 and will conclude on 30th November 2026, following a tender period that ended on 30th November 2020.

This tender presents substantial opportunities for larger-scale businesses adept in providing pension scheme services and insurance. Given that the procurement process utilised a direct method, the competition for this contract was limited, indicating potential for businesses needing to strategically align with public sector requirements. Enterprises in the insurance sector may find this case particularly beneficial, as similar future opportunities could arise from public sector contracts needing to reassess or renew their pension service providers.

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Notice Information

Notice Title

BPDTS Provision of Pension Scheme Contract Award

Notice Description

BPDTS Provision of Pension Scheme - Contract Award Re - Let

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49527257-6b71-4674-a887-58601fe09de1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fd2498f4-f984-456f-8806-8ba671ae5ba6
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Mar 20214 years ago
Submission Deadline
30 Nov 2020Expired
Future Notice Date
Not specified
Award Date
1 Dec 20205 years ago
Contract Period
1 Dec 2020 - 30 Nov 2026 Over 5 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
DEPARTMENT FOR WORK AND PENSIONS
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
SW1H 9NA
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

Supplier Information

Number of Suppliers
1
Supplier Name

AVIVA LIFE & PENSIONS

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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