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002883 PENSION REVIEW AND REPLACEMENT ADVICE

British Library

This public procurement record has 1 release in its history.

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19 Oct 2026 at 13:37

UK7 - Contract Details Notice
Summary of the contracting process

The British Library Board bought pensions consultancy to help establish a new defined contribution pension arrangement. The work is pension fund consultancy, covering review and replacement advice for the Library’s pension provision. The procurement comprised one lot, with the service delivered in the United Kingdom. The buyer is the British Library Board, a central government public authority. The requirement centres on specialist advice for setting up a new workplace pension arrangement rather than supplying pension products or administering a general staff benefits programme. The selected provider was Barnett Waddingham LLP, a pensions consultancy. The scope and purpose make this most relevant to consultancies with experience advising public sector employers on defined contribution pension design and implementation.

The procurement is complete and the contract was awarded to Barnett Waddingham LLP through a limited competition below the relevant threshold. The contract was signed on 2 October 2026 and runs from 5 October 2026 to 30 June 2027. Its value is £16,700 excluding VAT (£20,040 including VAT). The agreement includes optional additional services: a provider selection day for £3,000 excluding VAT and establishing a pensions management committee for £2,250 excluding VAT. The process was divided into one lot. The published outcome identifies the successful supplier and an active contract; no award evaluation criteria or eligibility requirements are recorded in the supplied procurement details.

This award shows demand from the British Library for focused pensions consultancy to review existing provision and establish a defined contribution arrangement. A credible competitor for a future requirement of this kind would need demonstrable expertise in occupational pensions advice, defined contribution scheme design and the practical steps involved in selecting and implementing a provider. Experience supporting public sector employers through pension change would be relevant to understanding governance, workforce considerations and the buyer’s institutional context. The optional work also signals value in being able to advise on provider selection and establish a pensions management committee, alongside core scheme advice. The contract was delivered by a large consultancy, indicating that the requirement was entrusted to an established provider, although the procurement details do not set a formal minimum size or capacity threshold.

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Notice Information

Notice Title

002883 PENSION REVIEW AND REPLACEMENT ADVICE

Notice Description

Provision of pensions consultancy services to support the British Library in establishing a new Defined Contribution (DC) pension arrangement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078ac2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/098485-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£16,700 Under £100K

Notice Dates

Publication Date
19 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
5 Oct 2026 - 30 Jun 2027 6-12 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
British Library
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
NW1 2DB
Postcode Area
North West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
St Pancras & Somers Town
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

Barnett Waddingham 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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