---
title: "Provision of Pension consulting & advisory services"
ocid: "ocds-b5fd17-5159b232-9811-416b-8030-8fb829a19f93"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5159b232-9811-416b-8030-8fb829a19f93"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5159b232-9811-416b-8030-8fb829a19f93.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5159b232-9811-416b-8030-8fb829a19f93.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2022-06-27"
---

# Provision of Pension consulting & advisory services

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-5159b232-9811-416b-8030-8fb829a19f93

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## Summary

The Financial Reporting Council (FRC) has recently completed a tender process for the "Provision of Pension consulting & advisory services" as part of their commitment to public interest and high standards in corporate governance. The procurement, classified under group pension services and pension fund consultancy services, followed an open procedure and was published on 1st April 2022, concluding on 21st April 2022. The awarded contract, valued at £25,101, commenced on 30th June 2022 and will extend until 30th June 2026. The delivery location for services is within London, with the postal code EC2Y 5AS.

This procurement offers valuable opportunities for businesses specialising in pension consultancy and advisory services. Companies that are small and medium-sized enterprises (SMEs) or voluntary, community, and social enterprises (VCSEs) would be well-suited to compete for such contracts, leveraging their expertise in managing pension schemes and supporting organisational financial wellbeing. Engaging with the FRC could not only enhance service delivery capabilities but also foster long-term partnerships and growth within the public sector.

## Notice

***THIS OPPORTUNITY IS CLOSED. THIS IS A CONTRACT AWARD NOTICE*** The purpose of the Financial Reporting Council (FRC) is to serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them. The aim of this project was to engage a specialist for the provision of pension consulting and advisory services. We are seeking Pensions Consulting and Advisory Services to support the FRC in relation to our obligation to administer the Pension Scheme, to maintain and/or enhance the Staff Benefit pension proposition and to encourage future financial wellbeing. Further details were available in the attached Invitation to Tender (ITT) and associated documents. The process of applying was to see the Invitation to Tender (ITT) for the scope of the project requirements and application details. Bidders were required to submit one proposal (using the provided Tender response document) addressing how they met / propose to meet the FRC's requirements. Additional information: THIS OPPORTUNITY IS CLOSED. THIS IS A CONTRACT AWARD NOTICE.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a6e5c947-6111-40b7-b210-c55f5dbf09c4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Jun 2022 |
| Submission deadline | 21 Apr 2022 |
| Future notice date | Not specified |
| Award date | 30 May 2022 |
| Contract period | 29 Jun 2022 - 30 Jun 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000 |
| Lots value | Not specified |
| Awards value | £25,101 |
| 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 FINANCIAL REPORTING COUNCIL LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 5AS |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PREMIER BENEFIT SOLUTIONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66522000 - Group pension services
- 66523000 - Pension fund consultancy services

## Release History

- 27 Jun 2022 at 08:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a6e5c947-6111-40b7-b210-c55f5dbf09c4
- 1 Apr 2022 at 11:24 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3891857a-7d8a-4dd6-8262-7fcfea8553be

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a6e5c947-6111-40b7-b210-c55f5dbf09c4
  27th June 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/3891857a-7d8a-4dd6-8262-7fcfea8553be
  1st April 2022 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e9e650c7-a4e3-486e-a002-99d5cafe9332
  Provision of Pension consulting & advisory services ITT
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/8a1125e6-176b-442f-bd3a-45df8595186f
  Tender Response Document (with Terms)

## Notice URLs

- http://www.frc.org.uk

## 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-b5fd17-5159b232-9811-416b-8030-8fb829a19f93. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5159b232-9811-416b-8030-8fb829a19f93.json.
