Award

Pensions Landscape - 20 Years on from Turner Commission

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

14 May 2025 at 12:03

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process titled "Pensions Landscape – 20 Years on from Turner Commission" was initiated by the Department for Work and Pensions, a central government authority based in London, United Kingdom. This contract, part of a broader Pensions Review, focuses on Phase 2 which addresses pension adequacy and improved outcomes. The process has reached the contract award stage, with the award dated 14th May 2025. The contract, valued at £25,000, commenced on the same date and will run until 18th July 2025, with a possible extension to 18th August 2025. The procurement method was direct and conducted below the threshold without competition, specifically targeting research services within the services category. The successful supplier for this contract is the Pensions Policy Institute, also located in London.

This tender presents a significant opportunity for businesses involved in research services, particularly those experienced in financial and pension analysis. Companies that can provide insights into investment strategies and pension adequacy stand to benefit by aligning their expertise with government initiatives. Small and medium enterprises (SMEs) specialising in research and consultancy within the finance sector are well-suited to compete for similar government opportunities, especially those focused on influencing public policy and enhancing service outcomes in the pension sector. The direct procurement approach suggests that future contracts may offer similarly streamlined submission processes, thus reducing administrative burden and encouraging wider participation from smaller enterprises.

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Notice Information

Notice Title

Pensions Landscape - 20 Years on from Turner Commission

Notice Description

The Labour Manifesto committed the government to undertake a Pensions Review, to consider what further steps are needed to increase investment in UK markets and improve outcomes for pension savers. The Review aims to build on the success of the previous Turner Commission (2004-06) and will provide recommendations on the above. - Phase 1 of the Review, focused on investment, was launched in July 2024 - Phase 2, which will be focused on adequacy and improving the outcomes of current and future pensioners is due to commence. This contract allows for the completion of Phase 2 of the review.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05130e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021246-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£25,000 Under £100K

Notice Dates

Publication Date
14 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 May 20259 months ago
Contract Period
13 May 2025 - 18 Jul 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Not specified
Contact Email
cdp-i.systemsanddata@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

PENSIONS POLICY INSTITUTE

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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