Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Pension Protection Fund · Body governed by public law
- Suppliers
- Dalriada Trustees Limited, Open Trustees Limited, Ross Trustees Services Limited, Vidett Trustee Services Limited
- Value
- £43,200,000
- Procedure
- Open procedure (above threshold)
- Sector
- Financial & insurance services · Pension services (CPV 66520000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date14 Feb 2025
- Published19 Feb 2025Published 5 days after the contract date
Description
The Board of the Pension Protection Fund has established a new Framework of specialist firms to provide trustee and pre-insolvency services to pension schemes prior to, and during, the PPF Assessment Period. The contract will be for an initial term of two years with two optional one-year extensions to take the maximum possible term to four years (2+1+1). The estimate value of call-off contracts awarded via this framework's full potential four-year term is £36,000,000 + VAT (£43,200,000 inc. VAT).
About the suppliers
Dalriada Trustees Limited: every public contract they have won, plus their Companies House record (company NI038344).
Open Trustees Limited: every public contract they have won, plus their Companies House record (company 02679647).
Ross Trustees Services Limited: every public contract they have won, plus their Companies House record (company 07904277).
Vidett Trustee Services Limited: every public contract they have won, plus their Companies House record (company 01050578).