Tender

Pension Comparison Tools

MONEY AND PENSIONS SERVICE

This public procurement record has 3 releases in its history.

TenderAmendment

02 May 2023 at 12:59

TenderAmendment

02 May 2023 at 12:58

Tender

28 Apr 2023 at 17:30

Summary of the contracting process

The Money and Pensions Service is inviting tenders for the provision of services related to pension comparison tools, specifically annuities and investment pathways. The procurement process is currently at the planning stage, with the deadline for tender submissions set for 30th May 2023. The contract period is expected to start on 31st July 2023 and end on 30th July 2026. This opportunity falls under the main procurement category of services and is classified under pension services.

This tender presents growth opportunities for businesses interested in offering pension-related services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are well-suited to compete. Companies registered as suppliers on the MaPS eSourcing portal can participate in this open procedure tender, making it accessible to a wide range of potential vendors. Businesses should take note of the registration requirements outlined by the Money and Pensions Service to engage with this procurement opportunity effectively.

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Notice Title

Pension Comparison Tools

Notice Description

The provision of services in respect of two digital pension guidance tools, to help consumers to compare their options and make the most of their retirement income when accessing their pension pots: 1. Annuities comparison tool 2. Investment Pathways comparison tool The procurement documents are available for unrestricted and full direct access, free of charge, at https://maps.app.jaggaer.com/ Tenders or requests to participate must be submitted electronically via the above address. HOW TO ACCESS DOCUMENTS/BID 1. Interested organisations must be registered as a 'Supplier' on the MaPS eSourcing portal' Jaggaer' to participate. If you have not already done so, please use the following link: https://maps.app.jaggaer.com/web/login.html 2. Once registered on the Jaggaer portal the tender can be viewed via OPEN TENDERS by clicking on 'Published Opportunities'. 3. If you experience issues with any aspect of the portal, please contact the Helpdesk on 0800 069 8630. 4. Please note all further communications including the submission of your online bid must be via the Jaggaer portal.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f1b54860-08b5-42ac-91c0-19a679f1869e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a88fe705-4d5f-4501-b3fb-a9dcceac7e3b
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£1,939,776 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 May 20232 years ago
Submission Deadline
30 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jul 2023 - 30 Jul 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MONEY AND PENSIONS SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC1N 2TD
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

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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