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Reward Strategy & Pay Philosophy

Pension Protection Fund

This public procurement record has 1 release in its history.

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28 Jul 2026 at 16:48

UK7 - Contract Details Notice
Summary of the contracting process

The Pension Protection Fund commissioned human resources management consultancy services to review and enhance its reward framework. The work covers assessment and redesign of the organisation’s pay structure, bonus scheme and benefits offering. Its purpose is to create a modern, flexible and sustainable reward strategy that supports the Pension Protection Fund’s wider people objectives. The requirement is for specialist reward and pay consultancy rather than general recruitment, payroll processing or routine HR administration. The buying organisation is the Pension Protection Fund, a public authority based in Croydon, and delivery is associated with Croydon. The procurement is therefore relevant to consultancies that advise employers on reward strategy, remuneration frameworks, incentive arrangements and employee benefits, particularly where they can combine strategic people advice with practical redesign of pay and reward structures.

The procurement has been completed and awarded. It used a direct award below the applicable threshold, without competition, and the tender was recorded as complete. One lot was awarded to 3R Strategy. The contract was signed on 14 July 2026, with a contract period from 15 July 2026 to 30 November 2026. The awarded contract value is £37,800 gross. The award covers the full requirement for reviewing and enhancing the Pension Protection Fund’s reward framework, including pay structure, bonus scheme and benefits offering. The evaluation route was a non-competitive direct award rather than an open or selective tender. The award is active and the associated contract is active, indicating that the selected supplier is delivering the commissioned consultancy work.

This award demonstrates demand from the Pension Protection Fund for focused consultancy on organisational reward strategy and pay philosophy. A credible competitor for a future requirement of this type would need demonstrable expertise in reviewing and redesigning pay structures, bonus or incentive schemes, and employee benefits as a connected reward framework. It would also need to translate that analysis into a modern, flexible and sustainable strategy aligned with wider workforce and people objectives, rather than offering isolated benefits advice. The selected supplier is an SME, showing that the requirement can be delivered by a specialist consultancy rather than only a large professional-services firm. Relevant firms are those with practical experience advising employers on remuneration design, reward governance and implementation, and with the capacity to undertake a defined strategic review for a public-sector organisation.

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Notice Information

Notice Title

Reward Strategy & Pay Philosophy

Notice Description

The requirement is for consultancy services to review and enhance the PPF's reward framework. This will include assessment and redesign of the pay structure, bonus scheme and benefits offering, with the aim of delivering a modern, flexible and sustainable reward strategy that supports the organisation's wider people objectives.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d5c5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/071423-2026
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79414000 - Human resources management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£37,800 Under £100K

Notice Dates

Publication Date
28 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Jul 2026 - 30 Nov 2026 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
Pension Protection Fund
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
Not specified
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

3 R Strategy

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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