---
title: "Members of the Senedd Pension Scheme -Third-party administration"
ocid: "ocds-kuma6s-137159"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-137159"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-137159.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-137159.json"
source: "Sell2Wales"
current_stage: "Award"
buyer: "SENEDD CYMRU / WELSH PARLIAMENT"
published: "2024-09-17"
---

# Members of the Senedd Pension Scheme -Third-party administration

Buyer: SENEDD CYMRU / WELSH PARLIAMENT  
Current stage: Award  
OCID: ocds-kuma6s-137159

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-137159.json)

## Summary

The Senedd Cymru / Welsh Parliament has recently awarded a contract for third-party administration of the Members of the Senedd Pension Scheme. The procurement process, under a restricted procedure, was targeted at the services industry and focused specifically on pension scheme administration. The award was given to BROADSTONE CORPORATE BENEFITS LIMITED, a large-scale business entity based in London. The procurement stage has been completed, with the contract signed on 19th July 2024 and valued at £110,583. The procurement method ensured a selective and thorough evaluation of candidates, reflecting high standards in public procurement practices.

This tender offers significant growth opportunities for businesses involved in pension administration services. The rigorous selection process aligns well with experienced firms capable of handling large-scale pension schemes. The contract serves as a substantial endorsement for the winning business, enhancing credibility and opening doors to similar high-profile contracts. Moreover, the clear and defined criteria on quality and price can help firms benchmark their services, providing insights into competitive standards within the industry. Companies specialising in financial services and pension administration would be particularly well-suited to compete in such tenders, leveraging their expertise to secure similar opportunities.

## Notice

The Senedd Commission ("the Commission") are seeking to appoint a third-party pension scheme administrator (TPA) to undertake the administration of the Members of the Senedd Pension Scheme (the Scheme).

### Lot Information

Lot 1

The Senedd Commission ("the Commission") are seeking to appoint a third-party pension scheme administrator (TPA) to undertake the administration of the Members of the Senedd Pension Scheme (the Scheme).

Renewal: Up to a maximum of a further 60 Months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137159 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Sep 2024 |
| Submission deadline | 10 Jan 2024 |
| Future notice date | Not specified |
| Award date | 19 Jul 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £365,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £110,583 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SENEDD CYMRU / WELSH PARLIAMENT |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF99 1SN |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Butetown |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | TLL22 Cardiff and Vale of Glamorgan |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BROADSTONE CORPORATE BENEFITS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66141000 - Pension fund management services
- 66520000 - Pension services
- 66522000 - Group pension services
- 66523000 - Pension fund consultancy services

## Release History

- 17 Sep 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137159
- 8 Dec 2023 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137159

## Documents

- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=DEC459974
  Members of the Senedd Pension Scheme -Third-party administration - The Senedd Commission ("the Commission") are seeking to appoint a third-party pension scheme administrator (TPA) to undertake the administration of the Members of the Senedd Pension Scheme (the Scheme).
- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=SEP491324
  Members of the Senedd Pension Scheme -Third-party administration - The Senedd Commission ("the Commission") are seeking to appoint a third-party pension scheme administrator (TPA) to undertake the administration of the Members of the Senedd Pension Scheme (the Scheme).

## Notice URLs

- http://www.senedd.wales.org/abthome/abt-procurement.htm
- https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-137159
- https://etenderwales.bravosolution.co.uk/home.html

## 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-kuma6s-137159. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-137159.json.