---
title: "Member Data Validation Services"
ocid: "ocds-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PENSION PROTECTION FUND"
published: "2024-09-12"
---

# Member Data Validation Services

Buyer: PENSION PROTECTION FUND  
Current stage: Award  
OCID: ocds-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938

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## Summary

The Pension Protection Fund, based in Croydon, England, has awarded a contract titled "Member Data Validation Services" in the Pension Fund Management Services industry category. This contract encompasses Data Validation Services that include Address Tracing, Correction, Mortality Screening both domestically and overseas, and Bank Account Verification. It covers regions such as the United Kingdom, Europe, the Channel Islands, the Isle of Man, British Overseas Territories, and the Rest of the World. The procurement stage for this contract is complete, and it will commence on 1st October 2024, running through to 30th September 2027, with an option to extend up to an additional three years. The contract value is £5,076,000 GBP, with a potential maximum value based on increased member volumes.

This tender offers significant opportunities for businesses specialising in data management, particularly in services such as data validation, tracing, and verification. Companies capable of handling high volumes of member data and providing reliable tracing and screening services will find this contract particularly suited to their expertise. The procurement method was selective, executed through a call-off from a framework agreement, making it an excellent opportunity for SMEs looking to expand in the data validation and pension services markets. Target Professional Services (UK) Limited, an SME based in Chichester, has been awarded this contract, highlighting the suitability for small and medium enterprises.

## Notice

Data Validation Services relating to the accuracy of member data. Address Tracing and Correction Services, Mortality Screening Services, Overseas Address Tracing and Address Correction Services, Overseas Proof of Life and Mortality Screening Services, Bank Account Verification Services. Additional information: The initial term is 3 years. There is an option to extend to maximum term of up to a further 3 years. Potential maximum value stated is based on current predicted volumes for a full potential 6 year term. The scope for this contract includes provisions to support a significant rise in member volumes to the current estimates, including increases that might result from changes to our future remit. Increased volumes may significantly increase the current estimated value that we have stated.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fac3476c-5405-46c9-8f6e-d0dd6d1bcdc7 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Sep 2024 |
| Submission deadline | 9 Sep 2024 |
| Future notice date | Not specified |
| Award date | 11 Sep 2024 |
| Contract period | 30 Sep 2024 - 30 Sep 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,076,000 |
| Lots value | Not specified |
| Awards value | £5,076,000 |
| 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 | PENSION PROTECTION FUND |
| Locality | CROYDON |
| Post town | Croydon |
| Postcode | CR0 2NA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI62 Croydon |
| Local authority | Croydon |
| Electoral ward | Fairfield |
| Westminster constituency | Croydon West |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TARGET PROFESSIONAL SERVICES (UK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66141000 - Pension fund management services

## Release History

- 12 Sep 2024 at 11:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fac3476c-5405-46c9-8f6e-d0dd6d1bcdc7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fac3476c-5405-46c9-8f6e-d0dd6d1bcdc7
  12th September 2024 - Awarded contract notice on Contracts Finder

## 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-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-19746c01-e961-4b25-bcd4-8a608610f938.json.