---
title: "FIN005/2024 Teesside Pension Administration Service"
ocid: "ocds-h6vhtk-04cd2c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04cd2c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04cd2c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04cd2c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "MIDDLESBROUGH BOROUGH COUNCIL"
published: "2025-01-06"
---

# FIN005/2024 Teesside Pension Administration Service

Buyer: MIDDLESBROUGH BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-04cd2c

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## Summary

Middlesbrough Borough Council is managing the procurement process for the Teesside Pension Administration Service, classified under Financial and insurance services (CPV code 66000000). This open procedure process, identified as DN727191, entails appointing a contractor to deliver administration services for the Teesside Pension Fund, with a contract value of £8,000,000. The procurement is in the stage of transitioning from Tender to Award, with key dates including the tender period's end on 1 January 2025 and the award start on 14 June 2024. The service provision will be based in the UKC12 region, and the contract offers the potential of 2 x 3-year optional extensions.

This tender opens substantial opportunities for businesses specializing in financial and insurance services. The contract's significant value and duration, complemented by potential extensions, present considerable growth prospects. Companies with experience in managing pension funds and administrative services are well-positioned to compete. Medium-sized enterprises, such as the awarded Tyne and Wear Pension Fund, and other firms equipped to handle comprehensive financial services, stand to benefit considerably from securing this contract.

## Notice

Teesside Pension Administration Service

### Lot Information

Lot 1

Teesside Pension Administration Service

Options: 2 x 3 year extensions

Renewal: This contract will have an initial term of 4 years followed by further periods of two 3 year optional extensions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000227-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Jan 2025 |
| Submission deadline | 1 Jan 2025 |
| Future notice date | Not specified |
| Award date | 8 Oct 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £8,000,000 |
| Lots value | £8,000,000 |
| Awards value | Not specified |
| Contracts value | £7,893,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MIDDLESBROUGH BOROUGH COUNCIL |
| Locality | MIDDLESBROUGH |
| Post town | Cleveland |
| Postcode | TS1 9GA |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC32 South Teesside |
| Local authority | Middlesbrough |
| Electoral ward | Newport |
| Westminster constituency | Middlesbrough and Thornaby East |
| Delivery location | TLC12 South Teesside |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TYNE AND WEAR PENSION FUND |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 6 Jan 2025 at 15:58 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000227-2025
- 31 Dec 2024 at 11:53 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/041628-2024

## Notice URLs

- http://www.middlesbrough.gov.uk
- https://procontract.due-north.com/Advert/Index?advertId=672d4fd4-b428-ef11-812c-005056b64545

## 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-04cd2c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04cd2c.json.