Planning

W164568 Pensions Benchmarking Service 2025

NHS BUSINESS SERVICES AUTHORITY

  • Contract Timeline

    Publication Date

    27th November 2024 11:25:45 AM

    Planning Deadline

    6th January 2025 23:59:59 PM   29 days remaining

  • Contract Summary

    The NHS Pensions Service is a department under the NHSBSA. Its role is to centrally administer the NHS Pension Scheme on behalf of the Department of Health. The NHS Pension Scheme currently has over 1.6 million actively contributing members, 700,000+ deferred members, and pays pension benefits to 960,000+ recipients every month. The service collects monthly contributions and pays out pension benefits totaling £12.1 billion per year. The NHSBSA works with 10,000 different scheme employers who are responsible for local administration of the Scheme across England and Wales. The NHS Pension Scheme has been a cornerstone of the NHS' reward package since its creation in 1948. In terms of membership, it is the largest centrally administered public service pension scheme in Europe. For more information regarding the NHS Pensions department and the NHS Pension Scheme, please visit the following website: https://www.nhsbsa.nhs.uk/nhs-pensions. The NHSBSA currently has a contract in place with CEM Benchmarking Inc. to provide a pension administration benchmarking service for a period of 12 months. This service will run from the 01 June 2024 to 31 May 2025. This service is used to benchmark the NHS pension scheme against other large public sector body pension schemes. This is to ensure value for money is being achieved by providing an understanding of the NHSBSA's operating costs and to improve its comparator score against other large public sector bodies. The NHSBSA is looking to run an RFI to understand what services are available within the market as well as what routes to market are available for the service (e.g. frameworks). This is prepare the NHSBSA for an upcoming procurement in early to mid-2025. About NHSBSA: The NHSBSA is a national organisation providing a broad range of business services that support the wider NHS. Further information on our extensive service portfolio can be found at: https://www.nhsbsa.nhs.uk/about-us. Further information related to the early market engagement activities and how to participate can be found in the Additional Information section of the Find a Tender Service Notice, which can be found here: https://www.find-tender.service.gov.uk/Notice/038267-2024

  • Contract Details

    Open Contracting ID

    ocds-b5fd17-99c0c9e3-301e-43af-bda0-7cf3b5fd7d2a

    Publication Source

    Contracts Finder

    Procurement Stage

    Planning

    Procurement Method

    N/A

    Procurement Method Details

    N/A

    Procurement Category

    Services

    Tender Suitability

    SME VCSE

    Framework / DPS

  • Contract Classification

    CPV Code(s)

    66141000
    66500000
    66520000
    66521000
    66522000
    75110000
    75112000
    75320000

    CPV Division(s)

    66 - Financial and insurance services
    75 - Administration, defence and social security services

  • Awarding Authority

    NHS BUSINESS SERVICES AUTHORITY

    Buyer Name

    Angela McQueen

    Buyer Email

    angela.mcqueen@nhsbsa.nhs.uk

    Buyer Phone

    Buyer Address

    Goldcrest way

    Newcastle Upon Tyne

    ne15 8ny

    United Kingdom