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Managing Operations of British High Commission Employees Provident Trust Fund

Foreign Commonwealth and Development Office

This public procurement record has 4 releases in its history.

Award

14 Oct 2026 at 08:04

UK7 - Contract Details Notice
Award

28 Jan 2026 at 12:03

UK6 - Contract Award Notice
Tender

02 Jul 2025 at 12:25

UK4 - Tender Notice
Planning

10 Apr 2025 at 11:14

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The Foreign, Commonwealth and Development Office engaged a supplier to manage the British High Commission Staff Provident Trust Fund in Pakistan. The fund is contribution-based and provides for employees when they retire or leave service earlier. The requirement covers administration and investment-fund support, including digitising existing employee records, updating members’ accounts from monthly deduction information, reconciliations, handling requests for loans and withdrawals, supporting trustee meetings and producing meeting minutes. It also includes finalising annual accounts, arranging external audits and issuing annual member statements. The work is delivered in Pakistan, with the stated business requirement at the British High Commission in Islamabad. This is a specialist pension fund management and related consultancy service, rather than a general employee benefits or payroll contract.

The procurement is complete and JS Investments Limited was selected for the contract. The award was made on 28 January 2026 for PKR 100,395,726; the signed contract value is £266,204. The contract period runs from 1 October 2026 to 30 September 2029, with a possible extension of up to two years, subject to satisfactory performance and continued need. The tender used an open procedure and was divided into one lot. Four bids were received. Evaluation weighted technical quality at 70% and price at 30%. Technical assessment covered relevant experience, methodology and quality control, team structure, technology, data security and confidentiality, risk management and mobilisation. The experience requirement included at least five years providing similar services to diplomatic missions, multinational or large organisations, supported by details of three comparable contracts.

The award indicates demand for a provider able to administer a contribution-based provident fund for a diplomatic mission in Pakistan, combining member-account administration with investment-fund support. A credible competitor would need a capable local operating network, appropriately staffed delivery team and suitable technology for secure records management and digitisation. The work calls for dependable monthly account updates and reconciliations, prompt handling of member queries, support for trustee governance, and accurate annual accounts and statements, including coordination with external auditors. Evidence of at least five years’ comparable service to diplomatic missions, multinational organisations or other large organisations was required, alongside three relevant contract examples. Suppliers would also need practical service plans, demonstrable quality controls, data-protection and information-security arrangements compliant with local requirements, risk and escalation processes, and a clear mobilisation plan. Small and medium-sized businesses were considered suitable for the lot.

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Notice Information

Notice Title

Managing Operations of British High Commission Employees Provident Trust Fund

Notice Description

The British High Commission Staff Provident Trust Fund (in Pakistan) is a contribution-based investment fund with the purpose of making provision for employees in the event of their retirement, or their services coming to an end earlier than retirement age. The Contract shall commence on 01st October 2026 and will be initially for a period of Three (3) years. It will have provision for further Two (2) year extension, subject to satisfactory performance provided by the selected supplier and continued business requirement at the BHC in Islamabad (Pakistan).

Lot Information

Lot 1

Renewal: The Contract shall commence on 1st November 2025 and will be initially for a period of Three (3) years. It will have provision for further Two (2) year extension, subject to satisfactory performance provided by the selected supplier and continued business requirement at the BHC in Islamabad (Pakistan).

Planning Information

An Early Market engagement is being planned on 23rd April 2025. Suitable and interested suppliers are invited to participate in the virtual market engagement session. The prime objective of organising this session is to share our tentative requirements and gain understanding of what can be provided or achieved by the players in the Local Market. A presentation will be shared with suppliers which will include FCDO’s procurement procedures, possible bid evaluation criteria and overall project timelines Interested suppliers should register their interest in participating this event by filling this form https://forms.office.com/e/atgQ6Adc5p Please ensure you fill in all the details as requested in the form by 22 April 2025.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05006b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/096765-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66141000 - Pension fund management services

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£350,000 £100K-£500K
Lots Value
£350,000 £100K-£500K
Awards Value
£100,395,726 £100M-£1B
Contracts Value
£266,204 £100K-£500K

Notice Dates

Publication Date
14 Oct 20261 weeks ago
Submission Deadline
4 Aug 2025Expired
Future Notice Date
9 May 2025Expired
Award Date
28 Jan 20268 months ago
Contract Period
1 Oct 2026 - 30 Sep 2029 3-4 years
Recurrence
2030-01-01

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Foreign Commonwealth and Development Office
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
SW1A 2AH
Postcode Area
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

JS Investments Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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