---
title: "Contract Award for the Pension Consultancy Service for the British Embassy The Hague"
ocid: "ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2022-08-04"
---

# Contract Award for the Pension Consultancy Service for the British Embassy The Hague

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e

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## Summary

The Foreign Commonwealth and Development Office has awarded a contract for Pension Consultancy Services to Bell Pension Consultants & Actuaries. This procurement process, conducted via an open procedure, focused on securing expert advice on local staff pension matters, estimating pension costs, and maintaining compliance with pension legislation. The contract commenced on 14th July 2022 and runs until 30th June 2025, with a value of £72,156. The procurement, categorised under CPV code 66523000 for pension fund consultancy services, involved service delivery across various locations, including the United Kingdom and British Overseas Territories.

This contract presents significant opportunities for businesses specialising in pension consultancy, particularly those that can offer comprehensive services such as pension cost estimation, legislative compliance support, and advisory communications to staff. Smaller enterprises and SMEs with experience in pension management and consultancy would be well-suited to compete in similar future tenders due to their ability to provide tailored services that meet the nuanced needs of organisations like the Foreign Commonwealth and Development Office.

## Notice

The objective of the procurement is to find a Pension Consultancy Service provider that is expected to deliver value for money and to offer high quality of services. The main features of services required: - assistance and advice on local staff pension matters; - estimating pension costs for the FY; - presentations in English to all local staff on the changes to pension legislation; - liaising with the pension provider and carrying out monthly checks; - supporting with the pension tender every 3-5 years; - creating excel sheets for local staff incorporating salary, social security, employer and employee pension costs; - a Pension calculator; - a yearly overview of the pension situation in the Netherlands and updates when applicable on changes to pension legislation in English. Changes affecting local staff should be presented via a presentation to local staff; - calculation of pay uplift scenarios; - other consultations related to the pension actuary services. The contract duration is three years thereafter with optional extension of another two years (option to renew annually).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b08331e2-5d9a-4c23-b867-d6872aedc546 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Aug 2022 |
| Submission deadline | 18 Feb 2022 |
| Future notice date | Not specified |
| Award date | 13 Jul 2022 |
| Contract period | 13 Jul 2022 - 30 Jun 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £72,156 |
| Lots value | Not specified |
| Awards value | £72,156 |
| 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 | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AN |
| 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 | BELL PENSION CONSULTANTS & ACTUARIES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66523000 - Pension fund consultancy services

## Release History

- 4 Aug 2022 at 12:29 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b08331e2-5d9a-4c23-b867-d6872aedc546

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b08331e2-5d9a-4c23-b867-d6872aedc546
  4th August 2022 - 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-f52a965c-ab58-4adb-b0fe-31758846015e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e.json.