{ "tag": [ "compiled" ], "id": "ocds-h6vhtk-03db9f-2023-12-21T09:36:49Z", "date": "2023-12-21T09:36:49Z", "ocid": "ocds-h6vhtk-03db9f", "initiationType": "tender", "tender": { "id": "ocds-h6vhtk-03db9f", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "complete", "classification": { "scheme": "CPV", "id": "66500000", "description": "Insurance and pension services" }, "mainProcurementCategory": "services", "description": "The Board of the Pension Protection Fund (the Board) has procured a Framework Agreement consisting of specialist firms to provide administration, actuarial, support and consultancy services. Firms have been appointed to either Lot 1 or Lot 2, or both Lots, distinguished by the type of work required under the Framework Agreement. * Lot 1 - Administration, Actuarial, Support & Pensions Consultancy Services * Lot 2 - Actuarial Consultancy Services Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time. Lot 2 is aimed at firms with specialist actuarial capabilities who have experience in either the pensions or insurance industries (where long-term risk modelling is also considered). The Framework Agreements have an initial term of two years, with the option of two one-year extensions, commencing 2 December 2023. The National Employment Savings Trust (NEST) may also choose to contract for services via a call-off from this Framework. The final value of the framework across the maximum term (four years) may fall within a wide range as it has been set up to be available for future call-offs for in scope requirements that we may not currently be aware of.", "value": { "amount": 50000000, "currency": "GBP" }, "lotDetails": { "maximumLotsAwardedPerSupplier": 2 }, "lots": [ { "id": "1", "title": "Lot 1 - Administration, Actuarial, Support & Pensions Consultancy Services", "description": "Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time.", "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": true, "renewal": { "description": "The Framework Agreement will be awarded for an initial period of two (2) years, the Framework Agreement may be extended on the same terms and conditions at the Board's option for a further period or periods not exceeding four (4) years in total." }, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": false, "status": "cancelled", "awardCriteria": { "criteria": [ { "name": "Customer Service", "type": "quality", "description": "32" }, { "name": "Quality of Work (1)", "type": "quality", "description": "14" }, { "name": "Quality of Work (2)", "type": "quality", "description": "14" }, { "name": "Social Value", "type": "quality", "description": "10" }, { "name": "Compliance with Tax", "type": "quality", "description": "Pass/Fail" }, { "name": "Insurance", "type": "quality", "description": "Pass/Fail" }, { "name": "Assurance Questionnaire", "type": "quality", "description": "Pass/Fail" }, { "name": "Lot 1 Rate Card", "type": "quality", "description": "30" }, { "name": "Contractual Response", "type": "quality", "description": "Pass/Fail" }, { "type": "price", "description": "100" } ] } }, { "id": "2", "title": "Lot 2 - Actuarial Consultancy Services", "description": "Lot 2 is aimed at firms with specialist actuarial capabilities who have experience in either the pensions or insurance industries (where long-term risk modelling is also considered).", "contractPeriod": { "durationInDays": 1440 }, "hasRenewal": true, "renewal": { "description": "The Framework Agreement will be awarded for an initial period of two (2) years, the Framework Agreement may be extended on the same terms and conditions at the Board's option for a further period or periods not exceeding four (4) years in total." }, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": false, "status": "cancelled", "awardCriteria": { "criteria": [ { "name": "Customer Service", "type": "quality", "description": "32" }, { "name": "Quality of Work (1)", "type": "quality", "description": "14" }, { "name": "Quality of Work (2)", "type": "quality", "description": "14" }, { "name": "Social Value", "type": "quality", "description": "10" }, { "name": "Compliance with Tax", "type": "quality", "description": "Pass/Fail" }, { "name": "Insurance", "type": "quality", "description": "Pass/Fail" }, { "name": "Assurance Questionnaire", "type": "quality", "description": "Pass/Fail" }, { "name": "Lot 2 Rate Card", "type": "quality", "description": "30" }, { "name": "Contractual Response", "type": "quality", "description": "Pass/Fail" }, { "type": "price", "description": "100" } ] } } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "66519600", "description": "Actuarial services" } ], "deliveryAddresses": [ { "region": "UK" }, { "region": "UK" } ], "relatedLot": "1" }, { "id": "2", "additionalClassifications": [ { "scheme": "CPV", "id": "66519600", "description": "Actuarial services" } ], "deliveryAddresses": [ { "region": "UK" }, { "region": "UK" } ], "relatedLot": "2" } ], "submissionMethod": [ "electronicSubmission", "written" ], "submissionMethodDetails": "https://ppf.bravosolution.co.uk/web/login.html", "selectionCriteria": { "criteria": [ { "type": "suitability", "description": "Selection criteria as stated in the procurement documents", "appliesTo": [ "supplier" ] } ] }, "documents": [ { "id": "economic", "documentType": "economicSelectionCriteria" }, { "id": "technical", "documentType": "technicalSelectionCriteria" } ], "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "techniques": { "hasFrameworkAgreement": true, "frameworkAgreement": { "maximumParticipants": 15 } }, "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2023-07-26T13:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "durationInDays": 360 } }, "awardPeriod": { "startDate": "2023-07-26T13:00:00+01:00" }, "bidOpening": { "date": "2023-07-26T13:00:00+01:00" }, "hasRecurrence": false, "contractTerms": { "electronicInvoicingPolicy": "allowed", "hasElectronicPayment": true } }, "parties": [ { "id": "GB-FTS-12304", "name": "The Board of the Pension Protection Fund", "identifier": { "legalName": "The Board of the Pension Protection Fund" }, "address": { "streetAddress": "Renaissance, 12 Dingwall Road", "locality": "Croydon", "region": "UK", "postalCode": "CR0 2NA", "countryName": "United Kingdom" }, "contactPoint": { "telephone": "+44 8456002541", "email": "commercialservices@ppf.co.uk", "url": "https://ppf.bravosolution.co.uk/web/login.html" }, "roles": [ "buyer", "reviewBody" ], "details": { "url": "https://www.ppf.co.uk/", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "04", "description": "Economic affairs" } ] }, "additionalContactPoints": [ { "email": "commercial.services@ppf.co.uk" } ] }, { "id": "GB-FTS-101256", "name": "First Actuarial LLP", "identifier": { "legalName": "First Actuarial LLP" }, "address": { "locality": "Leeds", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "sme" } }, { "id": "GB-FTS-11318", "name": "Ernst & Young LLP", "identifier": { "legalName": "Ernst & Young LLP" }, "address": { "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101257", "name": "Government Actuary's Department", "identifier": { "legalName": "Government Actuary's Department" }, "address": { "streetAddress": "6th Floor, 10 South Colonnade", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101258", "name": "Grant Thornton UK LLP", "identifier": { "legalName": "Grant Thornton UK LLP" }, "address": { "streetAddress": "30 Finsbury Square", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101259", "name": "Hymans Robertson LLP", "identifier": { "legalName": "Hymans Robertson LLP" }, "address": { "streetAddress": "One London Wall", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-68586", "name": "PricewaterhouseCoopers LLP", "identifier": { "legalName": "PricewaterhouseCoopers LLP" }, "address": { "streetAddress": "1 Embankment Place", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101260", "name": "Barnett Waddingham LLP", "identifier": { "legalName": "Barnett Waddingham LLP" }, "address": { "streetAddress": "2 London Wall Place", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101261", "name": "Capita Business Services Ltd", "identifier": { "legalName": "Capita Business Services Ltd" }, "address": { "streetAddress": "65 Gresham Street", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101262", "name": "Isio Group Limited", "identifier": { "legalName": "Isio Group Limited" }, "address": { "streetAddress": "10 Norwich Street", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101263", "name": "Lane Clark and Peacock LLP", "identifier": { "legalName": "Lane Clark and Peacock LLP" }, "address": { "streetAddress": "95 Wigmore Street", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101264", "name": "Quantum Actuarial LLP", "identifier": { "legalName": "Quantum Actuarial LLP" }, "address": { "streetAddress": "Cypress House Pascal Close St Mellons", "locality": "Cardiff", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "sme" } }, { "id": "GB-FTS-101265", "name": "Spence & Partners Limited", "identifier": { "legalName": "Spence & Partners Limited" }, "address": { "streetAddress": "Linen Loft, 27-37 Adelaide Street", "locality": "Belfast", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "sme" } }, { "id": "GB-FTS-56827", "name": "KPMG LLP", "identifier": { "legalName": "KPMG LLP" }, "address": { "streetAddress": "15 Canada Square", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "id": "GB-FTS-101266", "name": "Broadstone Pensions Limited", "identifier": { "legalName": "Broadstone Pensions Limited" }, "address": { "streetAddress": "100 Wood Street", "locality": "London", "region": "UK", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "sme" } } ], "buyer": { "id": "GB-FTS-12304", "name": "The Board of the Pension Protection Fund" }, "language": "en", "awards": [ { "id": "037609-2023-ecm_3245-1", "relatedLots": [ "1" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101256", "name": "First Actuarial LLP" } ] }, { "id": "037609-2023-ecm_3246-2", "relatedLots": [ "2" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-11318", "name": "Ernst & Young LLP" } ] }, { "id": "037609-2023-ecm_3248-3", "relatedLots": [ "2" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101257", "name": "Government Actuary's Department" } ] }, { "id": "037609-2023-ecm_3249-4", "relatedLots": [ "2" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101258", "name": "Grant Thornton UK LLP" } ] }, { "id": "037609-2023-ecm_3250-5", "relatedLots": [ "2" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101259", "name": "Hymans Robertson LLP" } ] }, { "id": "037609-2023-ecm_3254-6", "relatedLots": [ "2" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-68586", "name": "PricewaterhouseCoopers LLP" } ] }, { "id": "037609-2023-ecm_3253-7", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101260", "name": "Barnett Waddingham LLP" } ] }, { "id": "037609-2023-ecm_3255-8", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101261", "name": "Capita Business Services Ltd" } ] }, { "id": "037609-2023-ecm_3256-9", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101262", "name": "Isio Group Limited" } ] }, { "id": "037609-2023-ecm_3257-10", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101263", "name": "Lane Clark and Peacock LLP" } ] }, { "id": "037609-2023-ecm_3258-11", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101264", "name": "Quantum Actuarial LLP" } ] }, { "id": "037609-2023-ecm_3260-12", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101265", "name": "Spence & Partners Limited" } ] }, { "id": "037609-2023-ecm_3251-13", "relatedLots": [ "2" ], "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-56827", "name": "KPMG LLP" } ] }, { "id": "037609-2023-ecm_3252-14", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "suppliers": [ { "id": "GB-FTS-101266", "name": "Broadstone Pensions Limited" } ] } ], "contracts": [ { "id": "037609-2023-ecm_3245-1", "awardID": "037609-2023-ecm_3245-1", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-21T00:00:00Z" }, { "id": "037609-2023-ecm_3246-2", "awardID": "037609-2023-ecm_3246-2", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-24T00:00:00Z" }, { "id": "037609-2023-ecm_3248-3", "awardID": "037609-2023-ecm_3248-3", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-12-01T00:00:00Z" }, { "id": "037609-2023-ecm_3249-4", "awardID": "037609-2023-ecm_3249-4", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-15T00:00:00Z" }, { "id": "037609-2023-ecm_3250-5", "awardID": "037609-2023-ecm_3250-5", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-29T00:00:00Z" }, { "id": "037609-2023-ecm_3254-6", "awardID": "037609-2023-ecm_3254-6", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-30T00:00:00Z" }, { "id": "037609-2023-ecm_3253-7", "awardID": "037609-2023-ecm_3253-7", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-22T00:00:00Z" }, { "id": "037609-2023-ecm_3255-8", "awardID": "037609-2023-ecm_3255-8", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-23T00:00:00Z" }, { "id": "037609-2023-ecm_3256-9", "awardID": "037609-2023-ecm_3256-9", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-22T00:00:00Z" }, { "id": "037609-2023-ecm_3257-10", "awardID": "037609-2023-ecm_3257-10", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-27T00:00:00Z" }, { "id": "037609-2023-ecm_3258-11", "awardID": "037609-2023-ecm_3258-11", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-16T00:00:00Z" }, { "id": "037609-2023-ecm_3260-12", "awardID": "037609-2023-ecm_3260-12", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-11-15T00:00:00Z" }, { "id": "037609-2023-ecm_3251-13", "awardID": "037609-2023-ecm_3251-13", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-12-06T00:00:00Z" }, { "id": "037609-2023-ecm_3252-14", "awardID": "037609-2023-ecm_3252-14", "title": "Professional Services Framework (Admin, Actuarial, and Consultancy) 2023", "status": "active", "value": { "amount": 50000000, "currency": "GBP" }, "dateSigned": "2023-12-05T00:00:00Z" } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 14 }, { "id": "2", "measure": "bids", "relatedLot": "2", "value": 14 }, { "id": "3", "measure": "bids", "relatedLot": "2", "value": 14 }, { "id": "4", "measure": "bids", "relatedLot": "2", "value": 14 }, { "id": "5", "measure": "bids", "relatedLot": "2", "value": 14 }, { "id": "6", "measure": "bids", "relatedLot": "2", "value": 14 }, { "id": "7", "measure": "bids", "value": 14 }, { "id": "8", "measure": "bids", "value": 14 }, { "id": "9", "measure": "bids", "value": 14 }, { "id": "10", "measure": "bids", "value": 14 }, { "id": "11", "measure": "bids", "value": 14 }, { "id": "12", "measure": "bids", "value": 14 }, { "id": "13", "measure": "bids", "relatedLot": "2", "value": 14 }, { "id": "14", "measure": "bids", "value": 14 } ] } }