Award

Pensions and Lifetime Saving Association Review

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

16 Jun 2025 at 15:46

Summary of the contracting process

This public procurement process, commissioned by the Department for Work and Pensions, focuses on a comprehensive review by the Pensions and Lifetime Savings Association. It falls under the industry category of research and development services and related consultancy services (CPV code: 73000000). The scope involves creating a central data infrastructure for assessing a new policy under the pension schemes bill, highlighting its technical and digital requirements. The procurement process was completed via a direct procurement method, specifically a single tender action below the threshold. The contract spans a geographical area including the British Overseas Territories, Channel Islands, Isle of Man, United Kingdom, Europe, and the Rest of the World. Key deadlines included the tender period ending on 2nd May 2025, with the contract period from 21st May to 30th June 2025.

This tender offers significant growth opportunities for businesses specialising in technical consultancy, particularly those with expertise in pensions, digital infrastructure, and policy evaluation. While the procurement method chosen indicates a more limited competitive landscape due to its single tender nature, firms able to deliver niche consultancy services efficiently have substantial potential to engage with government contracts in similar sectors. The nature of the contract suggests that larger organisations or those with significant resources would be well-suited for such opportunities, despite the tender not being aimed specifically at SMEs or VCSEs. This reflects a strategic direction by the Department for Work and Pensions to leverage experienced and capable partners in policy evaluation and implementation.

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Notice Title

Pensions and Lifetime Saving Association Review

Notice Description

The department is legislating for the Multiple Default Consolidator policy as part of the upcoming pension schemes bill. As part of this policy, a central data infrastructure is required to evaluate the operating model and design of the infrastructure, to ensure that it is effective and delivered at low cost. This review is a challenging, requiring significant technical, digital and pension related understanding, and as such, we have considered that an external body is best placed to undertake this review on our behalf.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e6954e0a-a548-4e65-84ab-10c4ab3e9ebb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6afe9a35-69c7-4bcc-af15-dd3ab13460a0
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

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£14,000 Under £100K
Lots Value
Not specified
Awards Value
£14,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jun 20258 months ago
Submission Deadline
2 May 2025Expired
Future Notice Date
Not specified
Award Date
20 May 20259 months ago
Contract Period
20 May 2025 - 30 Jun 2025 1-6 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
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Not specified
Contact Email
cdabbser.businessservices@dwp.gov.uk
Contact Phone
Not specified

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

THE PENSIONS LIFETIME SAVINGS ASSOCIATION

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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