--- title: "TRHS0016 Provision of Pension Scheme for the Euston Delivery Company" ocid: "ocds-h6vhtk-06954c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06954c" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06954c.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06954c.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-06954c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06954c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-06954c.json) ## Summary The Department for Transport is seeking to appoint a pension provider for the Euston Delivery Company (EDC). This procurement process, initiated on 11 May 2026, falls under the industry category of pension services, specifically covering pension investment, fund management, and consultancy services. The contract will be in the form of an open procedure with an estimated value of £1,680,000 including VAT. Interested parties must ensure submission by 5 June 2026 and can expect an award decision by 8 July 2026. The services will commence in July 2026 and cover a three-year period, with the possibility of extensions for up to two additional years. The location of service delivery is the United Kingdom. This tender presents a significant business growth opportunity for companies specialising in establishing and managing pension schemes. It suits mid to large-scale firms equipped to handle a maximum expected workforce of 60 employees for a newly government-owned company, not part of the civil service. Businesses offering both Master Trust and Contract-based pension solutions can compete for this contract, particularly those that cater to the unique needs of new government entities. SMEs are especially encouraged to participate, with quality and price being the key award criteria. The successful tenderer will initially work with the Department for Transport, with contract responsibility transferred to EDC upon award, creating a long-term partnership potential. ## Notice Subject to approvals, 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. 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/042841-2026 | | Notice type | UK4 - Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open 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 | 11 May 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 09:16 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/042841-2026 - 11 May 2026 at 09:09 - PlanningUpdate - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/042837-2026 - 11 May 2026 at 08:56 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/042826-2026 ## Documents - https://www.find-tender.service.gov.uk/Notice/042841-2026 11th May 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/042837-2026 11th May 2026 - Pipeline notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/042826-2026 11th May 2026 - Pipeline notice on Find a Tender ## Notice URLs - https://dft.app.jaggaer.com/web/login.html - 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-06954c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06954c.json.