---
title: "Cordoba Agreement Pension Scheme."
ocid: "ocds-h6vhtk-048990"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-048990"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-048990.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-048990.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2025-11-03"
---

# Cordoba Agreement Pension Scheme.

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-h6vhtk-048990

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## Summary

The procurement process for the "Cordoba Agreement Pension Scheme" was conducted by the Foreign Commonwealth and Development Office (FCDO), located in London, UK. This tender is classified under the pension services industry (CPV: 66520000) and involves the administration and payment of pensions to approximately 900 overseas pensioners under the scheme. The procurement concluded with the awarding of a contract to CROWN AGENTS BANK LIMITED, with an active contract signed on 6th October 2025. The procurement followed an open procedure and was covered by the Government Procurement Agreement (GPA). This service is vital for the coordination with the Government of Gibraltar, requiring suppliers to maintain a robust working relationship and possess familiarity with the Gibraltar Pension Ordinances.

This tender presents significant opportunities for businesses in the financial services sector, particularly those with expertise in pension fund management and overseas financial operations. Firms that are well-versed in collaborating with government bodies and exhibit the capability to handle complex financial transactions in multiple currencies would find this opportunity promising for growth. Companies already registered with the Financial Conduct Authority (FCA) and possessing the resources to engage in the required high-standard service provision are ideally suited to compete for such contracts, leveraging this as a strategic entry or expansion point in government-related financial services.

## Notice

The FCDO requires a supplier to provide administration and payment of pensions on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners currently entitled to life pensions, for the contract term. This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.

### Lot Information

Lot 1

The FCDO require the facility of a banking service to provide services in relation to the administration of this Cordoba scheme, and the disbursement of pension payments to pensioners covered by the ongoing Scheme Agreement.

Renewal: Initial Term of 4 years plus 3 optional 1 year extensions

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/070490-2025 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Nov 2025 |
| Submission deadline | 17 Dec 2024 |
| Future notice date | 25 Nov 2024 |
| Award date | 5 Oct 2025 |
| Contract period | 31 Jul 2025 - 31 Jul 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £18,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £1,037,610 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| 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 | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CROWN AGENTS BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66520000 - Pension services
- 66521000 - Individual pension services

## Release History

- 3 Nov 2025 at 14:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/070490-2025
- 2 Dec 2024 at 14:04 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/038763-2024
- 15 Aug 2024 at 12:52 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/025962-2024
- 9 Aug 2024 at 15:03 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/025289-2024

## Notice URLs

- http://www.gov.uk/fcdo
- https://fcdo.bravosolution.co.uk/web/login.html

## 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-048990. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-048990.json.