Award

Retirement Administration

LONDON BOROUGH OF BEXLEY

This public procurement record has 1 release in its history.

Award

20 Oct 2025 at 13:54

Summary of the contracting process

The procurement process for the "Retirement Administration" contract was conducted by the London Borough of Bexley. This procurement involved premature retirement administration services specifically for Teachers Pensions and falls under the services industry category, particularly pension services. The procurement method was direct, below the threshold, and without competition. The procurement process has reached the award stage, with the contract becoming active on 1st October 2025 and set to conclude on 31st March 2026. The primary service provision spans multiple regions in the United Kingdom, including UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, and UKK.

This tender offers significant growth opportunities for businesses operating within the pension services sector, especially small to medium-sized enterprises (SMEs), given the procurement method of direct award to Teachers Pensions. Businesses in regions across the UK that deliver specialised pension administration services may find collaborations or subcontracting roles beneficial from this arrangement. The contract, valued at £36,000 gross, exemplifies a well-suited opportunity for agencies with expertise in handling specific retirement-related administrative processes in the public sector.

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Notice Title

Retirement Administration

Notice Description

Premature retirement administration services for Teachers Pensions

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cfeb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066772-2025
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

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
£30,000 Under £100K

Notice Dates

Publication Date
20 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Sep 20254 months ago
Contract Period
30 Sep 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF BEXLEY
Contact Name
Not specified
Contact Email
procurement@bexley.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BEXLEYHEATH
Postcode
DA6 7AT
Post Town
Dartford
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
Not specified

Local Authority
Bexley
Electoral Ward
Bexleyheath
Westminster Constituency
Bexleyheath and Crayford

Supplier Information

Number of Suppliers
1
Supplier Name

TEACHERS PENSIONS

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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