--- title: "Future Administration of the Civil Service Pension Scheme and the Royal Mail Statutory Pension Scheme" ocid: "ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75.json" source: "Contracts Finder" current_stage: "Tender" buyer: "CROWN COMMERCIAL SERVICE" published: "2022-03-11" --- # Future Administration of the Civil Service Pension Scheme and the Royal Mail Statutory Pension Scheme Buyer: CROWN COMMERCIAL SERVICE Current stage: Tender OCID: ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-4b4a2acd-aacb-43f6-b95c-85e76bb5aa75.json) ## Summary The Crown Commercial Service is currently overseeing a competitive tender (RM6326) for the future administration of the Civil Service Pension Scheme (CSPS) and the Royal Mail Statutory Pension Scheme (RMSPS). This procurement, classified under pension services, is significant with a total value of £310 million. The tender period is set to conclude on 7th March 2022, and the awarded contracts will commence on 20th October 2025, lasting until 21st October 2030. The current administration contract for the CSPS is due to expire on 31st December 2023, while the RMSPS contract ends on 30th September 2024. Interested suppliers are encouraged to submit proposals that demonstrate a commitment to improving pension administration services. This tender presents substantial opportunities for businesses, particularly for those specialising in pension administration and related services. Suppliers with a proven track record in transforming pension service delivery and enhancing member experience are well-suited for these contracts. Companies that can effectively manage administrative processes for large-scale pension schemes, engage with numerous employers, and demonstrate expertise in continuous improvement will find a compelling prospect for growth through this procurement process. ## Notice The procurement will comprise 2 lots, each of which will be awarded as a separate contract. Details of the lots are as follows: Lot 1:Procurement for the provision of pension administration for the Civil Service Pension Scheme ("CSPS") The CSPS Pension Scheme is managed by the Authority. The current contract expires on 31/12/2023. The CSPS is the 3rd largest UK occupational pension scheme with approximately 1.6 million members and 300+ employers. The Authority aims to transform the administration of the CSPS, aspiring to become the UK's best administered and managed public-sector pension scheme. We are seeking a supplier who shares our vision, and will work in partnership to deliver a service that puts member experience at its heart, whilst also transforming the service for both members and employers. Suppliers must demonstrate a commitment to and track record for delivering incremental and continuous improvement. The Authority is therefore looking for proposals to respond to this significant pension administration services opportunity. This Lot is solely for the administration services of the CSPS and associated schemes as referred to in para II.2.4 below. The successful bidder will be expected to work with the Authority in its role as scheme manager, as well as with all current and potential employers (of whom there are currently around 350) covered by the scheme. Website: www.civilservicepensionscheme.org.uk Lot 2 Procurement for the provision of pension administration for the Royal Mail Statutory Pensions Scheme ("RMSPS") The RMSPS Pension Scheme is managed by the Authority. The current contract expires on 31/09/2024. The authority wants to ensure the members get the excellent service that they rightly expect. Above all we want to ensure that the right people get the right benefits at the right time and at the right cost to the taxpayer. This procurement is solely for the pension administration services to the RMSPS. The successful pension administrator will be expected to work with Royal Mail Pension Plan's ("RMPP") pension administrator, Royal Mail Group Limited ("RMG"), with regard to those members who are beneficiaries in both RMSPS and RMPP. RMSPS is currently the 6th largest public sector pension scheme in the United Kingdom, with approximately 365,000 members. The scheme has no active members so there are no accruing costs or contributions. Website: www.royalmailsps.co.uk ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ecaa238d-13b7-4b3a-a976-7c5785104c85 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Mar 2022 | | Submission deadline | 17 Mar 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 19 Oct 2025 - 21 Oct 2030 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £310,000,000 | | 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 | CROWN COMMERCIAL SERVICE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1A 2HQ | | 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 | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 75 - Administration, defence and social security services ### Codes - 66520000 - Pension services - 75100000 - Administration services - 75320000 - Government employee pension schemes ## Release History - 11 Mar 2022 at 16:25 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ecaa238d-13b7-4b3a-a976-7c5785104c85 - 28 Feb 2022 at 09:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ecaa238d-13b7-4b3a-a976-7c5785104c85 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/ecaa238d-13b7-4b3a-a976-7c5785104c85 11th March 2022 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/62c0b1ce-57dd-463f-b263-3fdfec9a7236 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/cad266b7-d463-4015-9ae4-a69bd7361805 ## Notice URLs - https://www.gov.uk/cabinetoffice ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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