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BBC Group Pension Plan

BBC (British Broadcasting Corporation)

This public procurement record has 1 release in its history.

Tender

20 Jul 2026 at 15:37

UK4 - Tender Notice
Summary of the contracting process

The BBC is procuring workplace defined-contribution pension services for its LifePlan arrangement, currently delivered through a Group Personal Pension and a Master Trust for employees outside the UK. The appointed provider will support the BBC and participating group organisations, including BBC Studioworks, BBC Global News, BBC Studios businesses and BBC Children in Need. The scope covers pension provision, investment funds and governance, member communications, engagement and digital tools, implementation and transition, data and payroll integration, employer reporting, management information and related pension services. The arrangement is intended for eligible BBC employees, with delivery across the United Kingdom. The provider will need to operate LifePlan through either a Master Trust or a combined Group Personal Pension and Master Trust model, including an employee portal for managing pension savings.

The procurement has reached tender: the BBC has invited offers through a Competitive Flexible Procedure, using staged conditions of participation, shortlisting, an Invitation to Tender, further evaluation and a final stage that may include clarification, dialogue or negotiation. Suppliers must register electronically on the BBC’s Jaggaer eSourcing portal, express interest and submit an approved signed NDA before accessing the procurement documents. The expression-of-interest deadline is 24 August 2026 at 14:00, and enquiries close on 17 August 2026 at 14:00. The estimated gross value is £8.5 million including VAT. The intended contract period is 1 April 2028 to 31 March 2033, with two possible 12-month extensions to 31 March 2035. Award is planned by 14 May 2027 at 23:59.

This opportunity suits established pension providers, Master Trust operators and organisations with the scale and resilience to support a large, complex employer over a long-term arrangement. Relevant capability includes operating Group Personal Pension and Master Trust structures, designing and governing investment propositions and fund ranges, and delivering strong member outcomes. Suppliers should be able to provide secure digital pension functionality, including a portal through which employees can access, choose and manage savings, alongside effective communications and engagement. Experience of implementation and transition, data and payroll integration, employer reporting and management information will be important. The requirement also favours providers able to offer governance support, adapt to regulatory and workforce changes, and maintain reliable service delivery across multiple BBC group organisations and a predominantly UK-based membership.

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Notice Information

Notice Title

BBC Group Pension Plan

Notice Description

The BBC is seeking to appoint a provider to operate its Defined Contribution DC pension arrangement "LifePlan", currently delivered via a Group Personal Pension GPP structure and a Master Trust for non-UK based employees e.g. Channel Islands. The BBC is acting on its own behalf as the Public Service and on behalf of BBC Studioworks Limited, BBC Global News Limited, BBC Studios Distribution Limited, BBC Studios Productions Limited and BBC Children in Need and its other BBC subsidiaries from time to time as notified by BBC pursuant to the Contract. Any reference in this notice or in the procurement documentation to the BBC shall be deemed to include a reference to these parties. https://bbc.ukp.app.jaggaer.com/web/login.html To gain access to the documentation each Tendering party must complete the Non Disclosure Agreement "NDA" and submit to The BBC for approval, before the Tenderer can obtain full access to the Procurement Documents. LifePlan is currently structured as a Group Personal Pension Plan "GPP" and is predominantly available to BBC staff who joined after 30 November 2010. LifePlan is also available to eligible staff who joined before 1 December 2010, although ordinarily employees who joined before this date would be members of the BBC Pension Scheme, a defined benefit arrangement. The BBC is seeking participation from suitably experienced pension providers and organisations capable of delivering a high-quality, resilient and future-focused workplace DC pension arrangement for a large and complex employer environment. The appointed pension plan provider will be expected to operate and support LifePlan via either a Master Trust or a combination of a GPP and a Master Trust, including selecting and managing the range of funds available within the arrangement and providing digital functionality, including a portal through which eligible BBC employees can access, choose and manage their pension savings. The requirement is expected to include, where relevant: - Group Personal Pension and Master Trust provision - investment proposition, fund range and governance - member communications, engagement and digital tools - implementation and transition support - data and payroll integration - employer reporting and management information - governance support and related pension services. The BBC is looking for a provider with the capability, scale, resilience and long-term commitment to support a competitive workplace pension arrangement that delivers value for members, supports good member outcomes, and can evolve with market, regulatory and workforce expectations over the life of the contract. The contract values presented are based on a number of assumptions. Full details of the assumptions and methodology used to derive the contract value are set out in the tender documentation. As such, depending on the application of these assumptions in practice, the actual value of the contract may be higher or lower than the value stated. The contract dates provided are indicative only and may be subject to change to accommodate transition, implementation and other operational requirements. This procurement will be conducted using the Competitive Flexible Procedure. Further details of the procedure to be followed and relevant commercial information will be set out in the procurement documentation. Interested suppliers must register via the BBC's Jaggaer procurement portal and submit the required registration information and signed NDA electronically through the portal.

Lot Information

Lot 1

Renewal: There are two 12-month options. The BBC may, at its discretion, extend the Contract for such period(s) as it determines, up to the maximum aggregate extension period of 24 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06cf1a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/068359-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66141000 - Pension fund management services

66520000 - Pension services

66522000 - Group pension services

Notice Value(s)

Tender Value
£8,500,000 £1M-£10M
Lots Value
£8,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2028 - 31 Mar 2033 Over 5 years
Recurrence
2033-07-01

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BBC (British Broadcasting Corporation)
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
W1A 1AA
Postcode Area
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
West End
Westminster Constituency
Cities of London and Westminster

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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