Competition with a shortlist
Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.
Key facts
- Buyer
- Cabinet Office · National or federal agency/office
- Supplier
- Capita Pension Solutions Limited
- Value
- £239,000,000
- Procedure
- Competitive procedure with negotiation
- Sector
- Financial & insurance services · Pension services (CPV 66520000)
- Region
- London
- Official notice
- 000347-2024 on Find a Tender
- Timeline
-
- Contract date17 Nov 2023
- Published5 Jan 2024Published 49 days after the contract date
Description
The Authority required the provision of administration services for the CSPS, which included the Principal Civil Service Pension Scheme, the Civil Service and Others Pension Scheme, the Civil Service Compensation Scheme and the Civil Service Injury Benefits Schemes. The CSPS is the 3rd largest UK occupational pension scheme with approximately 1.6 million members and 300+ employers. The pension administration services required include the following: Finance, accounting and taxation services administration services employer-related services including: the collection of data and contributions and maintaining accurate and clean data communications, including digital the provision of a portal maintenance of a comprehensive database of members records which complies with relevant legislation and regulatory requirements Provision of calculations and information for annual resource accounts remuneration reports member-related services, including: the provision of a member portal and self serv…
About the supplier
Capita Pension Solutions Limited: every public contract they have won, plus their Companies House record (company 02260524).