--- title: "TRHS0016 Provision of Pension Scheme for the Euston Delivery Company" ocid: "ocds-h6vhtk-0649c1" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0649c1" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0649c1.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0649c1.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "DEPARTMENT FOR TRANSPORT" published: "2026-05-11" --- # TRHS0016 Provision of Pension Scheme for the Euston Delivery Company Buyer: DEPARTMENT FOR TRANSPORT Current stage: Tender OCID: ocds-h6vhtk-0649c1 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0649c1) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0649c1.json) ## Summary The Department for Transport is leading the procurement for the "TRHS0016 Provision of Pension Scheme for the Euston Delivery Company" on behalf of the Euston Delivery Company (EDC), located in London. This competitive flexible tender procedure is at the tender update stage, with processes managed through the Jaggaer e-sourcing portal. The procurement, focused on pension services, is expected to offer a qualifying workplace pension scheme catering to an estimated 60 employees. Key deadlines include the enquiry period ending on 22nd May 2026, submission by 5th June 2026, and the award period concluding on 8th July 2026. The subsequent contract will initially run for three years, with the possibility of extending up to two additional years. This tender offers significant opportunities for growth, particularly for businesses specialising in pension investment, fund management, and administration services, with experience in handling public sector guidelines and benchmarking. SME-friendly, the contract appeals to both Master Trust and Contract-based pension providers. The Department aims to ensure quality service provision with an emphasis on both quality (40%) and price (60%), providing an expansive and competitive environment for capable providers to offer innovative solutions, meet set contribution benchmarks, and engage in pension fund consultancy for a new government-owned entity. ## Notice The Department of Transport (DfT) on behalf of the Euston Delivery Company (EDC) ("Buyer") is looking to appoint a pension provider for the provision of a pension scheme. The EDC is a new government-owned organisation so is not part of the civil service and is not covered by the current civil service pension arrangements. The service required is as follows: * Provision of a qualifying workplace pension scheme for a new government-owned company. * The pension scheme will be established for a maximum expected workforce of 60 EDC employees, who will be eligible to join the EDC pension scheme. EDC employees will be onboarded incrementally, with the first employees expected to commence employment from September 2026 onwards. * The pension scheme is required to be in place within 3 months from September 2026. * Terms are being requested based on an initial three-year pension scheme length, with an option, at the Buyer's sole discretion, to extend the Contract for up to an additional two years, exercisable in one-year increments (1+1). * Both a Master Trust and Contract based solution will be considered. It is anticipated that, once the EDC is fully operational, the average annual salary will be approximately PS80,000.00. Employer contributions are anticipated to range between 10%-12% and employee contributions are anticipated to range from 3%-6% of pensionable salary. As the organisation is newly established, the average salary is an estimate based on the expected roles required by the EDC and the company's remuneration strategy which will follow public sector guidelines and professional pay benchmarking. This figure is therefore provided for indicative purposes only and should not be relied upon as a guaranteed or definitive salary level. The DfT is procuring the Services under this Contract. It is anticipated that, following contract award, responsibility for the Contract will be transferred from DfT to the EDC. The Contract will be novated to the EDC on terms to be agreed with the successful Tenderer ("Supplier"), at which point the EDC shall assume all rights, obligations and liabilities under the Contract from the effective date of novation. ### Lot Information Lot 1 Renewal: This Contract will have the option to be extended for up to an additional two (2) years, exercisable in one-year increments (1+1) ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/042852-2026 | | Notice type | UK4 - Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Competitive flexible procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Planning, Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 11 May 2026 | | Submission deadline | 5 Jun 2026 | | Future notice date | 13 Feb 2026 | | Award date | Not specified | | Contract period | 7 Jul 2026 - 7 Jul 2029 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,400,000 | | Lots value | £1,400,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEPARTMENT FOR TRANSPORT | | Locality | LONDON | | Post town | South West London | | Postcode | SW1P 4DR | | 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 | Vincent Square | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66131100 - Pension investment services - 66141000 - Pension fund management services - 66520000 - Pension services - 66521000 - Individual pension services - 66522000 - Group pension services - 66523000 - Pension fund consultancy services - 66523100 - Pension fund administration services ## Release History - 11 May 2026 at 09:26 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/042852-2026 - 8 May 2026 at 10:49 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/042424-2026 - 8 May 2026 at 10:45 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/042419-2026 - 6 Feb 2026 at 10:36 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/010813-2026 ## Documents - https://www.find-tender.service.gov.uk/Notice/042852-2026 11th May 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/042424-2026 8th May 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/042419-2026 8th May 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/010813-2026 6th February 2026 - Pipeline notice on Find a Tender ## Notice URLs - https://dft.app.jaggaer.com/web/login.html - https://www.find-tender.service.gov.uk/Notice/042837-2026 - https://www.find-tender.service.gov.uk/Notice/042841-2026 - https://www.gov.uk/government/organisations/department-for-transport - https://www.legislation.gov.uk/ukpga/2023/54/contents ## 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-0649c1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0649c1.json.