--- title: "W164568 Pensions Benchmarking Service 2025" ocid: "ocds-h6vhtk-04c05a" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c05a" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c05a.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c05a.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "NHS BUSINESS SERVICES AUTHORITY" published: "2024-11-27" --- # W164568 Pensions Benchmarking Service 2025 Buyer: NHS BUSINESS SERVICES AUTHORITY Current stage: Planning OCID: ocds-h6vhtk-04c05a [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c05a) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c05a.json) ## Summary The NHS Business Services Authority (NHSBSA) is in the planning stage for a tender titled "W164568 Pensions Benchmarking Service 2025", which aims to identify pensions benchmarking services. This procurement is focused on services within the pension fund management industry, classified under CPV code 66141000. The location for this tender is in the North East of England (UKC). The NHSBSA seeks information to prepare for a procurement that will commence in early to mid-2025. Businesses interested must respond by 6th January 2025 via the provided Atamis platform. This tender presents a significant opportunity for companies specialising in pension fund management services and related administrative and consultancy services. Businesses with experience in benchmarking services, particularly those serving large public sector bodies, are well-suited to compete. The NHSBSA’s need for efficient and cost-effective benchmarking services can create substantial growth prospects for companies capable of delivering value and improving operational efficiencies for the NHS pension scheme, one of the largest centrally administered public service pension schemes in Europe. ## Notice Request for information to identify pensions benchmarking services ### Lot Information Lot 1 The NHS Pensions Service is a department under the NHSBSA. Its role is to centrally administer the NHS Pension Scheme on behalf of the Department of Health. The NHS Pension Scheme currently has over 1.6 million actively contributing members, 700,000+ deferred members, and pays pension benefits to 960,000+ recipients every month. The service collects monthly contributions and pays out pension benefits totaling PS12.1 billion per year. The NHSBSA works with 10,000 different scheme employers who are responsible for local administration of the Scheme across England and Wales. The NHS Pension Scheme has been a cornerstone of the NHS' reward package since its creation in 1948. In terms of membership, it is the largest centrally administered public service pension scheme in Europe. For more information regarding the NHS Pensions department and the NHS Pension Scheme, please visit the following website: https://www.nhsbsa.nhs.uk/nhs-pensions. The NHSBSA currently has a contract in place with CEM Benchmarking Inc. to provide a pension administration benchmarking service for a period of 12 months. This service will run from the 01 June 2024 to 31 May 2025. This service is used to benchmark the NHS pension scheme against other large public sector body pension schemes. This is to ensure value for money is being achieved by providing an understanding of the NHSBSA's operating costs and to improve its comparator score against other large public sector bodies. The NHSBSA is looking to run an RFI to understand what services are available within the market as well as what routes to market are available for the service (e.g. frameworks). This is prepare the NHSBSA for an upcoming procurement in early to mid-2025. About NHSBSA: The NHSBSA is a national organisation providing a broad range of business services that support the wider NHS. Further information on our extensive service portfolio can be found at: https://www.nhsbsa.nhs.uk/about-us. Additional information: How to Participate * Submissions must be via Atamis (https://atamis-1928.my.site.com/s/Welcome). Any questions can be submitted via the 'Message Centre'. * Provide a response to each of the questions detailed in Appendix 1 (Questions). * This should be in the format of concise written responses and any other information that you feel may be useful to us. * We do not intend for this RFI exercise to be too onerous to respond to. Hence, the amount of information you wish to provide is left to your discretion. * We may seek further clarification on your RFI response which will be communicated via the Atamis 'Message Centre'. * The output from this RFI will be used to inform our future sourcing strategy. * The deadline for responses is 6th January 2025. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/038267-2024 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 27 Nov 2024 | | Submission deadline | Not specified | | Future notice date | 27 Nov 2024 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NHS BUSINESS SERVICES AUTHORITY | | Locality | NEWCASTLE UPON TYNE | | Post town | Newcastle upon Tyne | | Postcode | NE15 8NY | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC43 Tyneside | | Local authority | Newcastle upon Tyne | | Electoral ward | Lemington | | Westminster constituency | Newcastle upon Tyne Central and West | | Delivery location | TLC North East (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 75 - Administration, defence and social security services ### Codes - 66141000 - Pension fund management services - 66500000 - Insurance and pension services - 66520000 - Pension services - 66521000 - Individual pension services - 66522000 - Group pension services - 75110000 - General public services - 75112000 - Administrative services for business operations - 75320000 - Government employee pension schemes ## Release History - 27 Nov 2024 at 11:22 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/038267-2024 ## Notice URLs - https://atamis-1928.my.site.com/s/Welcome - https://health-family.force.com/s/Welcome - https://www.nhsbsa.nhs.uk/ - https://www.nhsbsa.nhs.uk/about-us - https://www.nhsbsa.nhs.uk/nhs-pensions ## 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-04c05a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c05a.json.