Award

Pensions Subject Matter Experts

NHS BUSINESS SERVICES AUTHORITY

This public procurement record has 1 release in its history.

Award

08 May 2025 at 12:38

Summary of the contracting process

The NHS Business Services Authority has recently completed a procurement process titled "Pensions Subject Matter Experts" within the industry category of Pension Fund Management Services. This initiative is crucial due to the McCloud Judgment, necessitating compliance with legal obligations to address age discrimination in public sector pension schemes. Located in Newcastle Upon Tyne, United Kingdom, the contract period began on 22 April 2025 and will conclude on 21 April 2026. Such services are targeted at handling the increased pension workloads influenced by recent announcements concerning NHS England and Integrated Care Boards (ICBs). The procurement process was executed through a selective method, specifically a call-off from a framework agreement, with deadlines spanning until April 2025, marking the procurement stage as Award.

This opportunity presents significant avenues for business growth, primarily for organisations possessing expertise in high-volume pension management processes and complex retirement calculations. Large enterprises, such as Equiniti Limited, which was awarded the contract valued at £6,500,000, exemplify firms well-equipped to provide the necessary skilled expertise in navigating the complexities of the McCloud judgment compliance and managing substantial pension workloads. Such tenders can enable businesses to leverage their capabilities in specialised pension fund management, enhancing their service portfolio and increasing their foothold within government-related contracts.

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Notice Title

Pensions Subject Matter Experts

Notice Description

The McCloud Judgement refers to a ruling by the Court of Appeal, which instructs that remedies are put in place to remove age discrimination from public sector pension schemes following the 2015 reforms. As providers of the NHS Pension Scheme, DHSC and NHSBSA are within scope of this judgement and must therefore comply with legal obligations. In addition to this, the recent announcements around NHSE and ICBs will lead to an unforeseen significant spike in Pension workloads with an expectation that these members are prioritised and timescales aligned with DHSC expectations and timelines. Work will include redundancy estimate requests, end to end retirement calculations and then putting pensions into payment. The calculations required for impacted McCloud members will add complexity as Pensions Savings Statement will also need to be produced. Resource required for this work are highly skilled Subject Matter Experts.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5da6d59b-d741-425e-b24e-d51d5422878d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3eca02f5-991a-4e34-a4ab-24ef4e6852f7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£6,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20259 months ago
Submission Deadline
15 Apr 2025Expired
Future Notice Date
Not specified
Award Date
21 Apr 202510 months ago
Contract Period
21 Apr 2025 - 21 Apr 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NHS BUSINESS SERVICES AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE15 8NY
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified

Local Authority
Newcastle upon Tyne
Electoral Ward
Lemington
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

EQUINITI

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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