--- title: "GSV1701-Provision of Third party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)" ocid: "ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802.json" source: "Contracts Finder" current_stage: "Tender" buyer: "PARLIAMENT UK" published: "2018-05-16" --- # GSV1701-Provision of Third party Administration Services to the Parliamentary Contributory Pension Fund (PCPF) Buyer: PARLIAMENT UK Current stage: Tender OCID: ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-00d3a64d-b80b-4a05-9470-52f99fd11802.json) ## Summary The Parliament UK is currently seeking bids for the "GSV1701-Provision of Third Party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)". This open procurement opportunity falls within the pension fund administration services industry sector and is based in London, with a contract period commencing on 9th July 2018 and concluding on 8th July 2028, valued at approximately £2 million over its full duration. The deadline for tender submissions is set for 10:00 am on 29th May 2018. This tender presents a significant opportunity for firms specialising in pension administration, consultancy, and related financial services, particularly those with experience in working with public sector entities. Small and medium-sized enterprises (SMEs) are encouraged to apply, and the winning contractor will need to exhibit a comprehensive understanding of the PCPF's unique client base, as well as the ability to provide holistic communications in collaboration with the Trustees. This contract not only offers a sizeable financial commitment but also a chance to engage in prominent public service duties. ## Notice The Parliamentary Contributory Pension Fund which is governed by a board of Trustees outsources the administration of the scheme to a third party. The present supplier's contract will come to an end and the Trustees are therefore issuing an invitation to tender for the provision of this service. The supplier will work closely with the Secretariat who support the trustees and are based in the Corporate Services team in the House of Commons. The PCPF is however a separate legal entity from the house of Commons. The contract is for a period of 5 years with an option to extend for another 5 under the same terms. The estimated value of the contract is PS2 million over the extended life of the contract. The PCPF is a small (approx. PS700 million) funded, public sector scheme which is unique in the public-sector sphere. The scheme is a defined benefit scheme, with CARE and final salary sections, has approximately 2,500 members and is open to UK Members of Parliament and paid Ministers. In addition to providing core administration services to the Trustees, the supplier will be expected to demonstrate an understanding of the nature of PCPF client base, take a pro-active approach (in relation to responsibilities under contract and topical issues) and provide clear, effective and holistic communications supporting the Trustees' communications strategy. Additional information: The ITT documents will be accessible at the Houses of Parliament's e-procurement portal: http://in-tendhost.co.uk/parliamentuk. Tender submissions must be uploaded to the e-procurement portal; electronic responses submitted via e-mail are not acceptable. To access these documents select the tender reference GSV1701 in the 'current tenders' list, click on the 'view tender details' and express interest by clicking on the button provided. You will need to register your company details, thereafter you will be issued with a username and password. If you have previously registered with In-Tend, please follow the link shown which will redirect you to the home page where you can log on using your existing username and password to collect the tender documents. If you have registered and forgotten your username and password, click on the 'forgotten password' link on the In-Tend homepage. Please keep this username and password secure and do not pass it to any third parties. If you are experiencing problems, please contact the PPCS Business Support team via email: ppcs@parliament.uk or call +44 (0)207 219 1600 for further assistance. You are advised to allow sufficient time when responding to this ITT, and for the full uploading of documents, prior to the closing date of 10.00 am UK time on 29th of May 2018. Late tenders will not be accepted. If you are uploading multiple documents you will have to individually load one document at a time or you can opt to zip all the documents in an application such as WinZip or WinRAR. Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 16 May 2018 | | Submission deadline | 29 May 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 8 Jul 2018 - 8 Jul 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | PARLIAMENT UK | | Locality | LONDON | | Post town | South West London | | Postcode | SW1A 0PW | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | TLI London | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66500000 - Insurance and pension services - 66520000 - Pension services - 66523000 - Pension fund consultancy services - 66523100 - Pension fund administration services ## Release History - 16 May 2018 at 14:57 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f - 16 May 2018 at 14:57 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f - 16 May 2018 at 14:45 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f - 24 Apr 2018 at 08:51 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f ## Documents - https://www.contractsfinder.service.gov.uk/Notice/917a6bf8-269f-482c-886f-6359693d3c1f 16th May 2018 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/parliamentuk/aspx/ Additional information on how to apply for this contract ## Notice URLs - http://in-tendhost.co.uk/parliamentuk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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