Tender

Tate Galleries - DC Pension Provider

TATE GALLERY

This public procurement record has 1 release in its history.

Tender

23 Jul 2021 at 15:15

Summary of the contracting process

The Tate Gallery is currently seeking proposals for a Defined Contribution (DC) pension provider as part of their procurement process titled "Tate Galleries - DC Pension Provider." This tender falls under the services category and is valued at £4,500,000. The submission period is open until 12:00 PM on 6th August 2021, with proposals to be sent to Barnett Waddingham. The procurement is being conducted through an open procedure, with the award date set for 9th August 2021, and the contract duration is anticipated to be five years, with potential for renewal.

This opportunity is particularly well-suited for businesses specialising in pension services, financial advisory, and related sectors aiming to expand their clientele within the public sector. Companies should leverage their expertise in managing pension schemes to compete for this contract, providing innovative solutions that align with the Tate Gallery's requirement for a comprehensive DC pension arrangement. Engaging in this tender could enhance their presence and credibility in the competitive public procurement market.

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Notice Title

Tate Galleries - DC Pension Provider

Notice Description

Tate currently offers membership of the Principle Civil Service Pension Scheme ("PCSPS"), and NEST for casual workers, but would now like to explore a DC pension arrangement. We are inviting proposals to provide this arrangement and the full Request for Proposal document is available from Barnett Waddingham TATEEC@Barnett-Waddingham.co.uk.

Lot Information

Lot 1

Tate currently offers membership of the Principle Civil Service Pension Scheme ("PCSPS"), and NEST for casual workers, but would now like to explore a DC pension arrangement. We are inviting proposals to provide this arrangement and the full Request for Proposal document is available from Barnett Waddingham TATEEC@Barnett-Waddingham.co.uk.

Renewal: While the initial length of the contract is 5 years, it is intended that the contract will be extended and renewed throughout its lifespan owing to the unique nature of the contract as a long term pension service.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02cbee
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017536-2021
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
Tender Suitability
Not specified
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
£4,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20214 years ago
Submission Deadline
6 Aug 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TATE GALLERY
Contact Name
Not specified
Contact Email
declan.mcalister@tate.org.uk
Contact Phone
+44 2078878811

Buyer Location

Locality
LONDON
Postcode
SW1P 4RG
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

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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