---
title: "Pension Administration Services: Teachers' Pension Scheme (TPS)"
ocid: "ocds-h6vhtk-02d7af"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02d7af"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02d7af.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02d7af.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEPARTMENT FOR EDUCATION"
published: "2023-06-23"
---

# Pension Administration Services: Teachers' Pension Scheme (TPS)

Buyer: DEPARTMENT FOR EDUCATION  
Current stage: Award  
OCID: ocds-h6vhtk-02d7af

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## Summary

The Department for Education in the UK has completed the procurement process for the provision of Pension Administration Services for the Teachers’ Pension Scheme (TPS). The contract, worth £173,951,390.15, was awarded to Tata Consultancy Services Limited. The services fall under the CPV classification of Pension fund administration services. The procurement method used was Competitive dialogue, and the contract was awarded on 28th May 2023.

This tender presents an opportunity for businesses in the financial and insurance services sector, IT consulting, administration services, and other related fields to engage in providing services for the Teachers’ Pension Scheme. The Department for Education aims to ensure the TPS administration remains the best in the UK, offering a fully digital and personalised service to its members. The procurement process emphasised flexibility, allowing different market players to bid optimally, including Consortium or Prime arrangements, with extension options available for up to 5 years.

## Notice

The purpose of this Notice is to Notify of the outcome of the procurement for the provision of a new administration service to ensure the successful continuation of delivery of the Teachers' Pension Scheme.

### Lot Information

Lot 1

The key requirement is to administer the Teachers' Pension Scheme (TPS) in accordance with the statutory regulations that govern the scheme. Those regulations are currently the Teachers' Pensions Regulations 2010 and the Teachers' Pension Scheme Regulations 2014 'the Regulations' as amended. The administrator will be required to work with the Department to ensure the regulations remain up to date and appropriate and will need to adapt the administration to ensure it remains compliant with and supportive of any changes introduced via regulatory change or case law; such as the McCloud/Sargeant judgment in respect of 2015 transitional arrangements. Administration of the Scheme must also comply with all other legislative requirements that have applied, apply, or will apply to the TPS. It is essential therefore that the contractor is proactive in monitoring, analysing, and adapting to new legislative requirements, ensuring the Scheme continues to adapt appropriately. The vision for the TPS is 'to ensure that the TPS offers an attractive, clear and cost-effective contribution to the total reward package for teachers, and thus, that it plays a full part in recruiting and retaining an excellent teaching workforce.' To support the DfE the TPS administration will be accepted as the best administered UK public service pension scheme. Providing an effective, fully digital, personalised service to our members with our partners at the centre of the administration design The TPS is a statutory, unfunded, defined benefit occupational pension scheme split into three distinct sections: * the Normal Pension Age (NPA) 60 section * the NPA 65 section (note: both these sections provide benefits based on final salary and length of service) * the 2015 section provides benefits based on career average earnings (CARE) and has a normal pension age equal to state pension age. Additional information: The Value of the Contract Excluding the optional up to 5 years extension options is: PS173,951,390.15

Options: Extension options 1+1+1+1+1

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/017960-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive dialogue |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jun 2023 |
| Submission deadline | 12 Sep 2021 |
| Future notice date | Not specified |
| Award date | 27 May 2023 |
| Contract period | Not specified |
| Recurrence | 2035 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £185,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £233,866,286 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR EDUCATION |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 3BT |
| 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 | TATA CONSULTANCY SERVICES |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support
- 75 - Administration, defence and social security services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 48000000 - Software package and information systems
- 48812000 - Financial information systems
- 66000000 - Financial and insurance services
- 66520000 - Pension services
- 66523100 - Pension fund administration services
- 72000000 - IT services: consulting, software development, Internet and support
- 72212440 - Financial analysis and accounting software development services
- 75100000 - Administration services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
- 79200000 - Accounting, auditing and fiscal services
- 79500000 - Office-support services
- 79512000 - Call centre
- 79571000 - Mailing services

## Release History

- 23 Jun 2023 at 12:31 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/017960-2023
- 14 Sep 2021 at 21:45 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022876-2021
- 20 Aug 2021 at 21:45 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/020544-2021

## Notice URLs

- https://education.app.jaggaer.com
- https://www.gov.uk/government/organisations/department-for-education

## 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-h6vhtk-02d7af. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02d7af.json.