---
title: "Provision of Administration of the Equitable Life Payment Scheme"
ocid: "ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CROWN COMMERCIAL SERVICE"
published: "2024-03-21"
---

# Provision of Administration of the Equitable Life Payment Scheme

Buyer: CROWN COMMERCIAL SERVICE  
Current stage: Award  
OCID: ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863.json)

## Summary

The Crown Commercial Service has awarded a contract for the provision of administration of the Equitable Life Payment Scheme to CAPITA BUSINESS SERVICES LTD. The procurement process, led by HM Treasury, involved a selective procurement method with a call-off from a framework agreement. The contract, valued at 1,579,688 GBP, has a contract period spanning from April 1, 2024, to March 31, 2029, and the tender period ended on February 8, 2024. The services fall under the industry category of corporate finance and venture capital services, with delivery addresses across various regions in the United Kingdom.

This tender for the administration of the Equitable Life Payment Scheme presents an opportunity for businesses to participate in providing financial services to eligible With-Profits Annuitants. Companies with expertise in corporate finance and venture capital services would be well-suited to compete for this contract. The procurement stage has now progressed to the award phase, offering a clear timeline and budget for interested parties to consider in their business planning and growth strategy.

## Notice

"HM Treasury is seeking to appoint an external provider to administer payments to eligible With-Profits Annuitants from the Equitable Life Payment Scheme. 5 years plus 2 "

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f807f988-f905-4fd8-a151-dbcd72907620 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Mar 2024 |
| Submission deadline | 8 Feb 2024 |
| Future notice date | Not specified |
| Award date | 11 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,579,688 |
| Lots value | Not specified |
| Awards value | £1,579,688 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CROWN COMMERCIAL SERVICE |
| Locality | LIVERPOOL |
| Post town | Liverpool |
| Postcode | L3 9PP |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD72 Liverpool |
| Local authority | Liverpool |
| Electoral ward | City Centre North |
| Westminster constituency | Liverpool Riverside |
| Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAPITA BUSINESS SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66122000 - Corporate finance and venture capital services

## Release History

- 21 Mar 2024 at 08:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f807f988-f905-4fd8-a151-dbcd72907620

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f807f988-f905-4fd8-a151-dbcd72907620
  21st March 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/6d668eec-5bea-4c26-abdc-cfd8f29c8155
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/b3dccc56-9383-4a29-947b-168bdc1edce8
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/34180449-0660-4dce-bd58-49c95ac9d43a
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/77fb980e-6d5a-4f5d-ae51-912104a079de

## Notice URLs

- https://www.gov.uk/government/organisations/crown-commercial-service

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-00f05f42-18ee-486e-902e-2bea0a76a863.json.