---
title: "GB-London: OPA T338 Employment Benefit & Financial Management Services"
ocid: "ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE OIL AND PIPELINES AGENCY"
published: "2020-05-13"
---

# GB-London: OPA T338 Employment Benefit & Financial Management Services

Buyer: THE OIL AND PIPELINES AGENCY  
Current stage: Award  
OCID: ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e.json)

## Summary

The procurement process involves The Oil and Pipelines Agency seeking to engage a company for Employment Benefit & Financial Management Services through an open tender. The contract, valued at £50,000, is classified under human resources management consultancy services and extends from 13 May 2020 to 12 April 2024, with the possibility of two additional one-year extensions. The tender period concluded on 12 May 2020, and the existing contract has been awarded to Verum Financial LLP, which will provide support in managing and improving employee benefits. The location for this contract encompasses the United Kingdom and various British overseas territories.

This procurement presents valuable opportunities for businesses in the financial management and consultancy sectors, particularly those specialising in employee benefits and pension schemes. Small and medium enterprises (SMEs) would be well-suited to participate, as the buying organisation is open to working with such operators. Firms capable of delivering comprehensive financial advice and management services should consider competing for future tenders in this area, potentially facilitating growth through sustained engagements with public sector clients.

## Notice

The OPA are looking for an Employee Benefits Financial Management company, with an Independent Financial Advisor, to support it with managing and improving our employee benefits offering for both the OPA and its employees. The initial term will be for two years with an option to extend for a further two 12 month periods. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The initial year is for two years subject to a further two twelve month extensions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/31d143e0-4c60-4071-842b-ecd72feae224 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 May 2020 |
| Submission deadline | 12 May 2020 |
| Future notice date | Not specified |
| Award date | 11 May 2020 |
| Contract period | 12 May 2020 - 12 Apr 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| Lots value | Not specified |
| Awards value | £50,000 |
| 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 OIL AND PIPELINES AGENCY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 9EX |
| 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 | VERUM FINANCIAL |

## CPV Codes

### Divisions

- 75 - Administration, defence and social security services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 75310000 - Benefit services
- 75320000 - Government employee pension schemes
- 79412000 - Financial management consultancy services
- 79414000 - Human resources management consultancy services

## Release History

- 13 May 2020 at 11:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/31d143e0-4c60-4071-842b-ecd72feae224

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/31d143e0-4c60-4071-842b-ecd72feae224
  13th May 2020 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=493798056
  Please follow this link to view the notice.

## 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-ea4b38cc-f640-442e-877c-4f24a290f36e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ea4b38cc-f640-442e-877c-4f24a290f36e.json.