Competition with a shortlist
Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.
Key facts
- Buyer
- Department For Education · Body governed by public law
- Supplier
- Tata Consultancy Services Limited SME
- Value
- £233,866,286.34
- Procedure
- Competitive dialogue
- Sector
- Software & information systems · Software package and information systems (CPV 48000000)
- Region
- London
- Official notice
- 017960-2023 on Find a Tender
- Timeline
-
- Contract date28 May 2023
- Published23 Jun 2023Published 26 days after the contract date
Description
The key requirement is to administer the Teachers' Pension Scheme (TPS) in accordance with the statutory regulations that govern the scheme. Those regulations are currently the Teachers’ Pensions Regulations 2010 and the Teachers’ Pension Scheme Regulations 2014 'the Regulations' as amended. The administrator will be required to work with the Department to ensure the regulations remain up to date and appropriate and will need to adapt the administration to ensure it remains compliant with and supportive of any changes introduced via regulatory change or case law; such as the McCloud/Sargeant judgment in respect of 2015 transitional arrangements. Administration of the Scheme must also comply with all other legislative requirements that have applied, apply, or will apply to the TPS. It is essential therefore that the contractor is proactive in monitoring, analysing, and adapting to new legislative requirements, ensuring the Scheme continues to adapt appropriately. The vision for the TPS…
About the supplier
Tata Consultancy Services Limited: every public contract they have won, plus their Companies House record (company BR007627).