--- title: "Pension Administration Service" ocid: "ocds-h6vhtk-066245" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-066245" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-066245.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-066245.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "BANK OF ENGLAND" published: "2026-03-04" --- # Pension Administration Service Buyer: BANK OF ENGLAND Current stage: Planning OCID: ocds-h6vhtk-066245 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-066245) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-066245.json) ## Summary The Bank of England is currently in the planning stage of procuring a Pension Administration Service, scheduled for a Request for Information (RFI) on 4 March 2026 with responses due by 23 March 2026 at noon. This initiative falls under the industry category of pension fund management and administration services, with anticipation of a tender being issued in April 2026, leading to a contract commencement in March 2027. Interested parties must register on the Bank's e-procurement portal, Proactis, and are invited to an online engagement session on 19 March 2026. The location associated with this procurement is London, United Kingdom, where the Bank is headquartered. This preliminary market engagement offers unique opportunities for businesses specialising in high-quality defined benefit pensions administration and pension payroll services. Companies with a strong background in pension fund management and administration are particularly well-suited to engage with this opportunity, which seeks innovative solutions and legislative compliance assurance. The Bank of England is aiming for a competitive proposal that guarantees cost certainty while facilitating a seamless transition by the deadline in March 2027. This serves as a significant opportunity for businesses to contribute to the pension services of a central institution, expanding their footprint within the public sector. ## Notice THIS IS NOT A CALL FOR COMPETITION The Bank of England is commissioning a Pension Administration Service. It is anticipated, dependent upon an engagement exercise, that a tender for this service will be issued in April 2026, to enable a new contract to begin from March 2027. As part of the tender process, the Bank is undertaking a soft market testing exercise. This gives potential providers and other stakeholders the opportunity to express their interest and feed in their views on the potential service model and specification principles. The Bank will use the information to appraise options and further develop the specification. To express an interest, register for free on the Bank's e-procurement portal Proactis: https://supplierlive.proactisp2p.com/Account/Login Upon registration, the Request For Information Questionnaire can be found under the following project: RFX REQ/1000380 - Pension Administration Service 2026 - Preliminary Market Engagement. Suppliers are further invited to attend an online supplier engagement session on 19 March 2026 at 11am. Interested parties are to register their interest at Corporate.Contracts@bankofengland.co.uk by 12 noon on 13 March 2026 with a subject line: Pension Administration Service 2026 - UK2: Preliminary Market Engagement. Note This process does not constitute a formal tender or other competitive bidding process and will not result in the letting of a Contract. The Bank is using this process solely to test the market to gather information and ascertain the level of interest in this particular service. There are therefore no formal criteria which we will use to judge your responses, and it is not our intention to provide any feedback. About the service The Bank of England (the Bank) is the central bank of the United Kingdom. Its mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability. Your company is invited to take part in the Preliminary Market Engagement for the provision of high-quality Defined Benefit pensions administration and pension payroll services for the Bank of England Pension Fund (the Fund). The Bank is looking to appoint a provider by March 2027 who has the capability and capacity to achieve a successful transfer of the services by the deadline date. The Bank is seeking a commercially competitive proposal which provides certainty of cost whilst demonstrating legislative compliance and innovative administration and payroll solutions. The Bank is therefore seeking expressions of interest for this significant pension administration services opportunity. ### Planning Information A Request for Information ( RFI) questionnaire to be issued 04 March 2026 with a response window to close 23 March 2026 at 12 noon. To express an interest, register for free on the Bank's e-procurement portal Proactis: https://supplierlive.proactisp2p.com/Account/Login Upon registration, the Request For Information Questionnaire can be found under the following project: RFX REQ/1000380 - Pension Administration Service 2026 - Preliminary Market Engagement. Suppliers are further invited to attend an online supplier engagement session on 19 March 2026 at 11am. Interested parties are to register their interest at Corporate.Contracts@bankofengland.co.uk by 12 noon 13 March 2026. Following the supplier engagement session, the Bank may engage in a series of dialogues either one to one meetings or further group sessions with suppliers. Key information from these sessions will be made available to all bidders during the tender stage. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/019557-2026 | | Notice type | UK2 - Preliminary Market Engagement 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 | 4 Mar 2026 | | Submission deadline | Not specified | | Future notice date | 23 Mar 2026 | | Award date | Not specified | | Contract period | 22 Mar 2027 - 21 Mar 2038 | | 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 | Planning | | Lots status | Planning | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BANK OF ENGLAND | | Locality | LONDON | | Post town | Central London | | Postcode | EC2R 8AH | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | City of London | | Electoral ward | Walbrook | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66141000 - Pension fund management services - 66523100 - Pension fund administration services ## Release History - 4 Mar 2026 at 14:54 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/019557-2026 ## Documents - https://www.find-tender.service.gov.uk/Notice/019557-2026 4th March 2026 - Preliminary market engagement notice on Find a Tender ## Notice URLs - https://supplierlive.proactisp2p.com/Account/Login - 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-066245. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-066245.json.