Pension Administrative Services
Key Details
Estimated Value
£11,200,000
Deadline
8 February 2027(124 days)
Contract Period
Not specified
Procurement Method
open
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38
out of 100
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Key requirements
Extracted from the notice; check the official documents.
- Tender deadline
- 8 Feb 2027, 12:00
- Clarification questions by
- 15 Jan 2027, 12:00
- Estimated value
- £11.2m£14m including VAT
- Contract period
- 1 Aug 2027 to 31 Jul 2033 (6 years)
- Renewal / extension
- The contract will be awarded for an initial term of six (6) years, with the option for the Bank to extend for a further period of up to five (5) years, exercisable at the Bank's discretion and subject to ongoing busines…
- Procedure
- Competitive flexible procedure
- Legal basis
- Procurement Act 2023
- Delivery location (NUTS/ITL)
- United Kingdom
- CPV codes
- 66141000 Pension fund management services; 66523100 Pension fund administration services
- Submission method
- Electronic submission allowed
Award criteria
- Quality65%
- Price30%
- Social Value (quality)5%
How to respond
https://www.bankofengland.co.uk/contact/supplying-goods-and-services/how-to-become-a-supplier
Description
As part of its overall reward package for Bank employees, the Bank offers a non-contributary defined benefit pension as a core benefit. The Bank is looking to appoint a supplier who has the capability and capacity to provide Pension Administrative Services. The exact supply detail is set out in the Statement of Requirements. The Term is 6 + 5 years. The value is estimated at £9M - £14M.
Previously won by
No award has been published for this tender yet. These are the latest award notices from BANK OF ENGLAND for financial & insurance services.
Moody's Structured Finance · published 7 Jul 2026
MOODY'S ANALYTICS UK LIMITEDLarge
£755k · Awarded 29 Apr 2026 · Contract ends 29 Apr 2029 · Award notice ↗
All open tenders and award history for BANK OF ENGLAND →
From award notices on Find a Tender and Contracts Finder. SME or Large is the size the supplier declared on the notice (or, where it is silent, on its latest notice). Values are as published.