---
title: "Pensions Realisation"
ocid: "ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE INSOLVENCY SERVICE"
published: "2024-05-17"
---

# Pensions Realisation

Buyer: THE INSOLVENCY SERVICE  
Current stage: Award  
OCID: ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c.json)

## Summary

The Insolvency Service has awarded a contract for their "Pensions Realisation" project, which involves outsourced administrative support for handling vesting pension assets in bankruptcy cases. The contract value is £700,000 GBP, with the contract period starting on May 2, 2024, and ending on May 1, 2027. The procurement method used was 'Other - Single tender action (above threshold)', and the tender period ended on November 17, 2023. This opportunity falls under the main procurement category of services and is suitable for SMEs.

This contract presents a growth opportunity for businesses in the pension services sector, particularly those providing administrative support for pension asset processing in bankruptcy cases. Companies experienced in handling similar outsourced services within the United Kingdom can leverage their expertise to compete for this contract. The tender was awarded to GOWLING WLG (UK) LLP, showcasing potential for legal firms offering services in this niche to secure similar future contracts.

## Notice

Provision of outsourced administrative support for the processing of vesting pension assets in bankruptcy cases

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/254464a1-1540-46fd-ac76-9deffeaa7e89 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Single tender action (above threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 May 2024 |
| Submission deadline | 17 Nov 2023 |
| Future notice date | Not specified |
| Award date | 1 May 2024 |
| Contract period | 1 May 2024 - 1 May 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £700,000 |
| Lots value | Not specified |
| Awards value | £700,000 |
| 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 | THE INSOLVENCY SERVICE |
| Locality | STRATFORD |
| Post town | South West London |
| Postcode | SW1P 2HT |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GOWLING WLG (UK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66520000 - Pension services

## Release History

- 17 May 2024 at 14:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/254464a1-1540-46fd-ac76-9deffeaa7e89

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/254464a1-1540-46fd-ac76-9deffeaa7e89
  17th May 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/3fecb1f9-5599-44ad-a51e-b29644a9928d

## 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-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-063ed38e-08f7-4499-8afe-0e919473022c.json.