Award

DC Pensions Market Review

RAIL SAFETY AND STANDARDS BOARD

This public procurement record has 1 release in its history.

Award

10 Oct 2025 at 11:05

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process conducted by the Rail Safety and Standards Board, headquartered in London, involved the award of a contract titled "DC Pensions Market Review." This process is particularly relevant to the services industry category, focusing on pension services. The procurement method employed a limited competition phase and was classified as below-threshold due to its specific market review nature. The contract, valued at £42,615.44, began on 10th October 2025 and is set to conclude on 9th October 2026. The contract was awarded to XPS Pensions Consulting Limited, a large-scale supplier based in Reading, marking the procurement stage as complete with the contract having been already signed by 9th October 2025.

This tender presents significant opportunities for businesses operating within the pension services sector, especially those proficient in conducting comprehensive market reviews. Such businesses are poised to benefit from participating or establishing partnerships in similar procurement initiatives. Companies that specialise in defined contribution pension schemes and have the capacity to deliver thorough market analyses are ideally positioned to take advantage of contracts like this one, potentially propelling their growth and solidifying their presence in the public procurement market.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

DC Pensions Market Review

Notice Description

This contract requires the successful supplier to conduct a market review of our defined contribution (DC) pension scheme. To view this notice, please click here: https://rssb.delta-esourcing.com/delta/viewNotice.html?noticeId=976875577

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05aca9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/064131-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£42,615 Under £100K

Notice Dates

Publication Date
10 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Oct 20254 months ago
Contract Period
9 Oct 2025 - 9 Oct 2026 6-12 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
RAIL SAFETY AND STANDARDS BOARD
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
EC3M 5AD
Post Town
Central 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
City of London
Electoral Ward
Aldgate
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

XPS PENSIONS CONSULTING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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-h6vhtk-05aca9-2025-10-10T12:05:29+01:00",
    "date": "2025-10-10T12:05:29+01:00",
    "ocid": "ocds-h6vhtk-05aca9",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PVGN-9767-BLPT",
            "name": "Rail Safety and Standards Board",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PVGN-9767-BLPT"
            },
            "address": {
                "streetAddress": "25 Fenchurch Avenue",
                "locality": "London",
                "postalCode": "EC3M 5AD",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "name": "Phil Evans",
                "email": "Phil.Evans@RSSB.CO.UK"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "scheme": "UK_CA_TYPE",
                        "id": "publicUndertaking",
                        "description": "Public undertaking"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-163551",
            "name": "XPS Pensions Consulting Limited",
            "address": {
                "streetAddress": "Phoenix House",
                "locality": "Reading",
                "postalCode": "RG1 1NB",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKJ11"
            },
            "contactPoint": {
                "name": "Christopher Barnes",
                "email": "christopher.barnes@xpsgroup.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PVGN-9767-BLPT",
        "name": "Rail Safety and Standards Board"
    },
    "tender": {
        "id": "ocds-h6vhtk-05aca9",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "DC Pensions Market Review",
        "description": "This contract requires the successful supplier to conduct a market review of our defined contribution (DC) pension scheme. To view this notice, please click here: https://rssb.delta-esourcing.com/delta/viewNotice.html?noticeId=976875577",
        "status": "complete",
        "procurementMethod": "limited",
        "procurementMethodDetails": "Below threshold - limited competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "services",
            "suppliers": [
                {
                    "id": "GB-FTS-163551",
                    "name": "XPS Pensions Consulting Limited"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "66520000",
                            "description": "Pension services"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UKI",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "status": "active",
            "period": {
                "startDate": "2025-10-10T00:00:00+01:00",
                "endDate": "2026-10-09T23:59:59+01:00"
            },
            "value": {
                "amountGross": 42615.44,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2025-10-09T00:00:00+01:00",
            "documents": [
                {
                    "id": "064131-2025",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/064131-2025",
                    "datePublished": "2025-10-10T12:05:29+01:00",
                    "format": "text/html"
                }
            ]
        }
    ],
    "language": "en"
}