Notice Information
Notice Title
Professional Services Framework (Admin, Actuarial, and Consultancy) 2023
Notice Description
The Board of the Pension Protection Fund has procured a Framework Agreement consisting of specialist firms to provide administration, actuarial, support and consultancy services. Firms have been appointed to either one or both Lots, distinguished by the type of work required under the Framework Agreement. - Lot 1 - Administration, Actuarial, Support & Pensions Consultancy Services - Lot 2 - Actuarial Consultancy Services Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time. Lot 2 is aimed at firms with specialist actuarial capabilities who have experience in either the pensions or insurance industries (where long-term risk modelling is also considered). The Framework Agreement has an initial term of two years, with the option of two one-year extensions. NEST may also choose to contract for services via a call-off from the Framework. The final value of the framework across the maximum term may fall within a wide range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of. Additional information: See notice tender_356523/1227681 for opportunity notice
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-f7536d18-0d15-4e48-88f8-f69b4196c3ac
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/c55ed260-1fab-4c5f-a0e6-fd710428aedd
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Framework
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure (above threshold)
- Tender Suitability
- SME
- Awardee Scale
- Large, SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66500000 - Insurance and pension services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- £50,000,000 £10M-£100M
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 27 Dec 20232 years ago
- Submission Deadline
- 26 Jul 2023Expired
- Future Notice Date
- Not specified
- Award Date
- 2 Dec 20232 years ago
- Contract Period
- 2 Dec 2023 - 1 Dec 2025 2-3 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
- Post Town
- 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
- TLI London
-
- Local Authority
- Croydon
- Electoral Ward
- Fairfield
- Westminster Constituency
- Croydon West
Supplier Information
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/c55ed260-1fab-4c5f-a0e6-fd710428aedd
27th December 2023 - Awarded contract notice on Contracts Finder
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-b5fd17-f7536d18-0d15-4e48-88f8-f69b4196c3ac-2023-12-27T09:21:15Z",
"date": "2023-12-27T09:21:15Z",
"ocid": "ocds-b5fd17-f7536d18-0d15-4e48-88f8-f69b4196c3ac",
"language": "en",
"initiationType": "tender",
"tender": {
"id": "tender_356523/1264922",
"title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023",
"description": "The Board of the Pension Protection Fund has procured a Framework Agreement consisting of specialist firms to provide administration, actuarial, support and consultancy services. Firms have been appointed to either one or both Lots, distinguished by the type of work required under the Framework Agreement. - Lot 1 - Administration, Actuarial, Support & Pensions Consultancy Services - Lot 2 - Actuarial Consultancy Services Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time. Lot 2 is aimed at firms with specialist actuarial capabilities who have experience in either the pensions or insurance industries (where long-term risk modelling is also considered). The Framework Agreement has an initial term of two years, with the option of two one-year extensions. NEST may also choose to contract for services via a call-off from the Framework. The final value of the framework across the maximum term may fall within a wide range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of. Additional information: See notice tender_356523/1227681 for opportunity notice",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66500000",
"description": "Insurance and pension services"
},
"items": [
{
"id": "1",
"deliveryAddresses": [
{
"postalCode": "CR0 2NA"
},
{
"region": "London",
"countryName": "United Kingdom"
}
]
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure (above threshold)",
"tenderPeriod": {
"endDate": "2023-07-26T13:00:00+01:00"
},
"contractPeriod": {
"startDate": "2023-12-02T00:00:00Z",
"endDate": "2025-12-01T23:59:59Z"
},
"suitability": {
"sme": true,
"vcse": false
},
"mainProcurementCategory": "services"
},
"parties": [
{
"id": "GB-CFS-41401",
"name": "Pension Protection Fund",
"identifier": {
"legalName": "Pension Protection Fund"
},
"address": {
"streetAddress": "Renaissance, 12 Dingwall Road",
"locality": "Croydon",
"postalCode": "CR0 2NA",
"countryName": "England"
},
"contactPoint": {
"name": "Commercial Services",
"email": "commercialservices@ppf.co.uk"
},
"roles": [
"buyer"
]
},
{
"id": "GB-COH-06321397",
"name": "Broadstone Pensions Limited",
"identifier": {
"legalName": "Broadstone Pensions Limited",
"scheme": "GB-COH",
"id": "06321397"
},
"address": {
"streetAddress": "100 Wood Street, London, EC2V 7AN"
},
"details": {
"scale": "sme",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC307678",
"name": "Barnett Waddingham LLP",
"identifier": {
"legalName": "Barnett Waddingham LLP",
"scheme": "GB-COH",
"id": "OC307678"
},
"address": {
"streetAddress": "2 London Wall Place, London EC2Y 5AU"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-02260524",
"name": "Capita Pension Solutions Limited",
"identifier": {
"legalName": "Capita Pension Solutions Limited",
"scheme": "GB-COH",
"id": "02260524"
},
"address": {
"streetAddress": "65 Gresham Street, London, EC2V 7NQ"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC300001",
"name": "Ernst & Young LLP",
"identifier": {
"legalName": "Ernst & Young LLP",
"scheme": "GB-COH",
"id": "OC300001"
},
"address": {
"streetAddress": "1 More London London SE1 2AF"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC348086",
"name": "First Actuarial LLP",
"identifier": {
"legalName": "First Actuarial LLP",
"scheme": "GB-COH",
"id": "OC348086"
},
"address": {
"streetAddress": "Mayesbrook House Lawnswood Business Park Redvers Close Leeds LS16 6QY"
},
"details": {
"scale": "sme",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-CFS-268610",
"name": "Government Actuary's Department",
"identifier": {
"legalName": "Government Actuary's Department"
},
"address": {
"streetAddress": "6th Floor, 10 South Colonnade, London, E14 4PU"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC307742",
"name": "Grant Thornton UK LLP",
"identifier": {
"legalName": "Grant Thornton UK LLP",
"scheme": "GB-COH",
"id": "OC307742"
},
"address": {
"streetAddress": "30 Finsbury Square London EC2A 1AG"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC310282",
"name": "Hymans Robertson LLP",
"identifier": {
"legalName": "Hymans Robertson LLP",
"scheme": "GB-COH",
"id": "OC310282"
},
"address": {
"streetAddress": "One London Wall, London, EC2Y 5EA"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-12273083",
"name": "Isio Group Limited",
"identifier": {
"legalName": "Isio Group Limited",
"scheme": "GB-COH",
"id": "12273083"
},
"address": {
"streetAddress": "10 Norwich Street, London, EC4A 1BD"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC301540",
"name": "KPMG LLP",
"identifier": {
"legalName": "KPMG LLP",
"scheme": "GB-COH",
"id": "OC301540"
},
"address": {
"streetAddress": "15 Canada Square, London, E14 5GL, UK"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC301436",
"name": "Lane Clark and Peacock LLP",
"identifier": {
"legalName": "Lane Clark and Peacock LLP",
"scheme": "GB-COH",
"id": "OC301436"
},
"address": {
"streetAddress": "95 Wigmore Street, London, W1U 1DQ"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-OC303525",
"name": "PricewaterhouseCoopers LLP",
"identifier": {
"legalName": "PricewaterhouseCoopers LLP",
"scheme": "GB-COH",
"id": "OC303525"
},
"address": {
"streetAddress": "1 Embankment Place, London, WC2N 6RH"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-CFS-268611",
"name": "QUANTUM ACTUARIAL LLP",
"identifier": {
"legalName": "QUANTUM ACTUARIAL LLP"
},
"address": {
"streetAddress": "Cypress House Pascal Close St Mellons Cardiff CF3 0LW"
},
"details": {
"scale": "sme",
"vcse": false
},
"roles": [
"supplier"
]
},
{
"id": "GB-COH-NI037760",
"name": "Spence & Partners Limited",
"identifier": {
"legalName": "Spence & Partners Limited",
"scheme": "GB-COH",
"id": "NI037760"
},
"address": {
"streetAddress": "Linen Loft, 27-37 Adelaide Street, Belfast, BT2 8FE"
},
"details": {
"scale": "sme",
"vcse": false
},
"roles": [
"supplier"
]
}
],
"buyer": {
"id": "GB-CFS-41401",
"name": "Pension Protection Fund"
},
"awards": [
{
"id": "ocds-b5fd17-f7536d18-0d15-4e48-88f8-f69b4196c3ac-1",
"status": "active",
"date": "2023-12-02T00:00:00Z",
"datePublished": "2023-12-27T09:21:15Z",
"value": {
"amount": 50000000,
"currency": "GBP"
},
"suppliers": [
{
"id": "GB-COH-06321397",
"name": "Broadstone Pensions Limited"
},
{
"id": "GB-COH-OC307678",
"name": "Barnett Waddingham LLP"
},
{
"id": "GB-COH-02260524",
"name": "Capita Pension Solutions Limited"
},
{
"id": "GB-COH-OC300001",
"name": "Ernst & Young LLP"
},
{
"id": "GB-COH-OC348086",
"name": "First Actuarial LLP"
},
{
"id": "GB-CFS-268610",
"name": "Government Actuary's Department"
},
{
"id": "GB-COH-OC307742",
"name": "Grant Thornton UK LLP"
},
{
"id": "GB-COH-OC310282",
"name": "Hymans Robertson LLP"
},
{
"id": "GB-COH-12273083",
"name": "Isio Group Limited"
},
{
"id": "GB-COH-OC301540",
"name": "KPMG LLP"
},
{
"id": "GB-COH-OC301436",
"name": "Lane Clark and Peacock LLP"
},
{
"id": "GB-COH-OC303525",
"name": "PricewaterhouseCoopers LLP"
},
{
"id": "GB-CFS-268611",
"name": "QUANTUM ACTUARIAL LLP"
},
{
"id": "GB-COH-NI037760",
"name": "Spence & Partners Limited"
}
],
"contractPeriod": {
"startDate": "2023-12-02T00:00:00Z",
"endDate": "2025-12-01T23:59:59Z"
},
"documents": [
{
"id": "1",
"documentType": "awardNotice",
"description": "Awarded contract notice on Contracts Finder",
"url": "https://www.contractsfinder.service.gov.uk/Notice/c55ed260-1fab-4c5f-a0e6-fd710428aedd",
"datePublished": "2023-12-27T09:21:15Z",
"format": "text/html",
"language": "en"
}
]
}
]
}