---
title: "Master Trust Supervision Services"
ocid: "ocds-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE PENSIONS REGULATOR"
published: "2018-06-29"
---

# Master Trust Supervision Services

Buyer: THE PENSIONS REGULATOR  
Current stage: Award  
OCID: ocds-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa

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## Summary

The Pensions Regulator has awarded a contract for "Master Trust Supervision Services" as part of a mandatory regulatory initiative under the Pension Scheme Act 2017. This procurement, classified under the CPV code for financial and insurance services, was executed through a direct single tender action, with a contract value of £31,858.38. The contract commenced on 26th June 2018 and will run until 25th December 2018, with the tender period having ended on 24th June 2018. The supervision services are to be delivered in the South East of England, specifically to the city of Brighton.

This tender presents a key opportunity for businesses specialising in regulatory compliance and financial services, particularly those with expertise in the pension sector. Firms that can provide valuable insights and support in the development of supervision processes for Master Trust providers would be well-suited to compete. With the awarding of this contract to Pricewaterhouse Coopers LLP, there may be future opportunities for similar services or partnerships within the ongoing regulatory landscape.

## Notice

The Master Trust initiative responds to the Pension Scheme Act 2017, which requires TPR to authorise and supervise all DC Master Trusts. The Master Trust Programme is therefore a regulatory initiative that is mandated by law. TPR must deliver the required target operating model for pre-authorisation activity in March 2018. Having sufficient and appropriate process and systems expertise (with a practitioner's insight) is critical to resolving these challenges. This contract will provide the expertise that is required to design, build and deliver the suite of supervision processes and procedures, including the industry liaison that will be required to socialise our requirements and expectations of Master Trust providers.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c5432c31-ac89-4966-9224-0775b721f3a5 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Jun 2018 |
| Submission deadline | 24 Jun 2018 |
| Future notice date | Not specified |
| Award date | 24 Jun 2018 |
| Contract period | 25 Jun 2018 - 25 Dec 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £31,858 |
| Lots value | Not specified |
| Awards value | £31,858 |
| 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 PENSIONS REGULATOR |
| Locality | BRIGHTON |
| Post town | Brighton |
| Postcode | BN1 4DW |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ2 Surrey, East and West Sussex |
| ITL 3 | TLJ21 Brighton and Hove |
| Local authority | Brighton and Hove |
| Electoral ward | West Hill & North Laine |
| Westminster constituency | Brighton Pavilion |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRICEWATERHOUSE COOPERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 29 Jun 2018 at 08:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c5432c31-ac89-4966-9224-0775b721f3a5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c5432c31-ac89-4966-9224-0775b721f3a5
  29th June 2018 - 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-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5d8b9d77-9769-46a2-b866-2ce3f92499fa.json.