Award

GB-Salford: PSCR-15-1137-ARP-PENSIONS

HMRC

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Summary of the contracting process

HMRC, based in Salford, has completed a tender process for pension fund management services under the title "GB-Salford: PSCR-15-1137-ARP-PENSIONS." This procurement falls within the services category, specifically related to pension services, with a contract value of £70,000. The tender period ended on 1st July 2016, and the awarded contract commenced on 1st August 2016, extending to 1st August 2020. The procurement method used is classified as "Other" and the contract arrangement involves approximately 1,000 staff members employed by GovCo, a company established by HMRC.

This tender presents significant opportunities for businesses specialising in pension services, particularly those offering administration and management of pension funds. Companies that can efficiently manage administrative tasks and possess expertise in insurance and related financial services would be well-positioned to compete. Engaging in this procurement process allows businesses to secure contracts with a governmental authority, potentially fostering long-term relationships in the public sector and contributing to their growth.

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Notice Title

GB-Salford: PSCR-15-1137-ARP-PENSIONS

Notice Description

Pension fund management services. Pension fund administration services. Insurance and pension services. Pension services. Individual pension services. HMRC has a requirement for a new defined contribution pension arrangement for approximately 1000 staff who will be employed by GovCo, a limited company established by HMRC. The employees will not be civil servants. The arrangement will be between the pension provider and GovCo but HMRC will be engaging in the procurement process on GovCo's behalf.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ddb6a6eb-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/13b9e657-090b-4fa4-b7e4-e9755a96eb99
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
£70,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
1 Jul 2016Expired
Future Notice Date
Not specified
Award Date
30 Jun 20169 years ago
Contract Period
31 Jul 2016 - 1 Aug 2020 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HMRC
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

FRIENDS LIFE & PENSIONS

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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