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Trustee and Support Services

Pension Protection Fund

This public procurement record has 1 release in its history.

Award

30 Apr 2020 at 18:28

Award Notice
Summary of the contracting process

The procurement process titled "Trustee and Support Services" has been initiated by the Pension Protection Fund, located in Croydon, England. This procurement falls under the industry category of pension services and is currently at the award stage. The contract, which has a total value of £46,000,000, was awarded on 1 April 2020, and the contract period is set to run until 31 March 2024. The tender was conducted using an open procedure above the threshold, with the tender period having ended on 22 November 2019.

This tender presents significant opportunities for growth for businesses specialising in restructuring and insolvency services, particularly those providing support to corporate trustees. Companies with expertise in areas such as pre-insolvency advisory services or trustee services may find this contract particularly relevant. As it allows for various services to be called off over its duration, firms that can demonstrate scalable solutions and previous experience in the pension sector will be well-positioned to compete for future opportunities arising from this framework.

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Notice Information

Notice Title

Trustee and Support Services

Notice Description

Services to cover situations where scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. Services to support incumbent trustee boards by offering specialist restructuring and insolvency advice, relating to the position of schemes, employers and the PPF in the context of an anticipated restructuring/insolvency event. Lot 1 Restructuring and Pre Insolvency Services Lot 2 Trustee Services and Assessment Period work Additional information: The final value of the framework across the maximum term may fall within a huge range as it has been set up to be available for future call-offs for requirements that we will not currently be aware of.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8db36c3d-c6e8-4567-980c-cf4c536183c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/70432f93-c64c-4d4b-a461-337c3d19ca64
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£46,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£46,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20206 years ago
Submission Deadline
22 Nov 2019Expired
Future Notice Date
Not specified
Award Date
1 Apr 20206 years ago
Contract Period
1 Apr 2020 - 31 Mar 2024 4-5 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
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
Postcode Area
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
Not specified
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
11
Supplier Names

Evelyn Partners LLP

Dalriada Trustees Limited

Vidett Trustee Services Limited

Open Trustees Limited

CARDANO ADVISORY LIMITED

INDEPENDENT TRUSTEE SERVICES LIMITED

Deloitte LLP

FRP Advisory Trading Limited

CVR GLOBAL LLP

VIDETT GOVERNANCE SERVICES LIMITED

KPMG LLP

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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