Planning

TRHS0016 Provision of Pension Scheme for the Euston Delivery Company

DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Planning

06 Feb 2026 at 10:36

Summary of the contracting process

The Department for Transport (DfT) is in the planning stage of procuring pension services for the Euston Delivery Company (EDC). This initiative, titled "Provision of Pension Scheme for the Euston Delivery Company," involves establishing a workplace pension scheme for a government-owned company that is distinct from the civil service. Located in London, the procurement falls under the public pension services industry category and follows a competitive flexible procedure. The start of the contract is set for 1st April 2026, with an anticipated end date on 31st March 2029. Initial engagement notices were published on 6th February 2026, with further communications expected by 13th February 2026.

This tender presents significant growth opportunities for businesses specialising in pension investment, fund management, and consultancy services. Small and medium enterprises (SMEs) are particularly suited for this competitive flexible procedure, as the tender is planned to be above the threshold, ensuring a wide scope of engagement. The procurement accommodates both Master Trust and Contract-based solutions, thus inviting diverse pension providers to participate. Ultimately, the contract's novation to the EDC implies that businesses looking to expand their portfolio within the public sector can directly impact a newly established government entity's financial structuring.

How relevant is this notice?

Notice Information

Notice Title

TRHS0016 Provision of Pension Scheme for the Euston Delivery Company

Notice Description

Subject to approvals, the Department for Transport (DfT) on behalf of the Euston Delivery Company (EDC) is looking to appoint a pension provider for the provision of a pension scheme. The EDC is a new government-owned organisation so is not part of the civil service and is not covered by the current civil service pension arrangements. The service required is as follows: * Provision of a qualifying workplace pension scheme for a new government-owned company. * The pension scheme will be required for c.60 people in total, with employees eligible to join the pension scheme joining the company from April 2026 onwards. * The pension scheme is required to be in place from April 2026 onwards. Further details of the start date will be provided in the UK4 tender notice. * Terms are being requested based on an initial 3-year pension scheme length. * Both a Master Trust and Contract based solution will be considered. The DfT is procuring the Services under this Contract. It is anticipated that, following contract award, responsibility for the Contract will be transferred from DfT to the EDC. The Contract will be novated to the EDC on terms to be agreed, at which point the EDC shall assume all rights, obligations and liabilities under the Contract from the effective date of novation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0649c1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010813-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

66141000 - Pension fund management services

66520000 - Pension services

66521000 - Individual pension services

66522000 - Group pension services

66523000 - Pension fund consultancy services

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20263 days ago
Submission Deadline
Not specified
Future Notice Date
13 Feb 20263 days to go
Award Date
Not specified
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR TRANSPORT
Contact Name
Not specified
Contact Email
gcdcrmrail@dft.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
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

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-0649c1-2026-02-06T10:36:38Z",
    "date": "2026-02-06T10:36:38Z",
    "ocid": "ocds-h6vhtk-0649c1",
    "initiationType": "tender",
    "planning": {
        "documents": [
            {
                "id": "010813-2026",
                "documentType": "plannedProcurementNotice",
                "noticeType": "UK1",
                "description": "Pipeline notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/010813-2026",
                "datePublished": "2026-02-06T10:36:38Z",
                "format": "text/html"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-PPON-PLTC-5358-LTWZ",
            "name": "Department for Transport",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PLTC-5358-LTWZ"
            },
            "address": {
                "streetAddress": "Great Minster House, 33 Horseferry Road",
                "locality": "London",
                "postalCode": "SW1P 4DR",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "GCDCRMRail@dft.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-transport",
                "classifications": [
                    {
                        "id": "publicAuthorityCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PLTC-5358-LTWZ",
        "name": "Department for Transport"
    },
    "tender": {
        "id": "TRHS0016",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "TRHS0016 Provision of Pension Scheme for the Euston Delivery Company",
        "description": "Subject to approvals, the Department for Transport (DfT) on behalf of the Euston Delivery Company (EDC) is looking to appoint a pension provider for the provision of a pension scheme. The EDC is a new government-owned organisation so is not part of the civil service and is not covered by the current civil service pension arrangements. The service required is as follows: * Provision of a qualifying workplace pension scheme for a new government-owned company. * The pension scheme will be required for c.60 people in total, with employees eligible to join the pension scheme joining the company from April 2026 onwards. * The pension scheme is required to be in place from April 2026 onwards. Further details of the start date will be provided in the UK4 tender notice. * Terms are being requested based on an initial 3-year pension scheme length. * Both a Master Trust and Contract based solution will be considered. The DfT is procuring the Services under this Contract. It is anticipated that, following contract award, responsibility for the Contract will be transferred from DfT to the EDC. The Contract will be novated to the EDC on terms to be agreed, at which point the EDC shall assume all rights, obligations and liabilities under the Contract from the effective date of novation.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66131100",
                        "description": "Pension investment services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66141000",
                        "description": "Pension fund management services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66520000",
                        "description": "Pension services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66521000",
                        "description": "Individual pension services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66522000",
                        "description": "Group pension services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66523000",
                        "description": "Pension fund consultancy services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66523100",
                        "description": "Pension fund administration services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethodDetails": "Competitive flexible procedure",
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "lots": [
            {
                "id": "1",
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2026-04-01T00:00:00+01:00",
                    "endDate": "2029-03-31T23:59:59+01:00"
                },
                "status": "planned"
            }
        ],
        "communication": {
            "futureNoticeDate": "2026-02-13T23:59:59+00:00"
        },
        "status": "planned"
    },
    "language": "en"
}