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Pay and Reward Consultancy Services

London Pensions Fund Authority

This public procurement record has 1 release in its history.

Award

25 Sep 2026 at 10:13

UK6 - Contract Award Notice
Summary of the contracting process

The London Pensions Fund Authority commissioned pay and reward consultancy services: a review and redesign of its pay and reward framework. The work is a one-off project, intended to provide the authority with a revised approach to employee pay and reward. It falls within human resources management consultancy. The buyer is the London Pensions Fund Authority, with procurement managed by Procurement Services – Lifecycle, part of Commercial Services Kent. Delivery is in the United Kingdom.

The procurement is complete and the contract was awarded to PricewaterhouseCoopers LLP. The award date was 25 September 2026 and the awarded value is £132,000 including VAT. The contract period runs from 15 October to 31 December 2026, with a scheduled signature date of 15 October 2026. This was a competitive, selective procurement below the relevant threshold, awarded under a framework. The procurement had one lot, which is complete. The award concerns the pay and reward framework review and redesign; no separate evaluation criteria are stated.

This award shows demand from the London Pensions Fund Authority for specialist reward consultancy to review and redesign its pay framework. A credible competitor for a similar requirement would need demonstrable experience advising on pay and reward frameworks and the capability to analyse an existing arrangement and produce a practical redesign. The one-off, time-limited project indicates a need to mobilise experienced consultants and deliver focused work to a defined completion point, rather than provide an ongoing service. The selected supplier was a large professional services firm, providing a benchmark for the scale of provider that won this award. The work was procured competitively through a framework, so suppliers seeking comparable work with this buyer should be positioned to compete through relevant framework routes.

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Notice Information

Notice Title

Pay and Reward Consultancy Services

Notice Description

The London Pensions Fund Authority (LPFA) is seeking to appoint an experienced reward consultancy partner to undertake a review and redesign of its pay and reward framework. This is a one-off project due to be completed by the end of 2026.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-077a2f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/090845-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Below threshold - award under framework
Tender Suitability
Not specified
Awardee Scale
Large

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
£132,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Sep 20261 weeks ago
Contract Period
15 Oct 2026 - 31 Dec 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Pensions Fund Authority
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
SE1 0LL
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

PricewaterhouseCoopers LLP

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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