Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Foreign Commonwealth and Development Office · Ministry or any other national or federal authority, including their regional or local subdivisions
- Supplier
- Crown Agents Bank SME
- Value
- £1,037,610
- Procedure
- Open procedure (above threshold)
- Sector
- Financial & insurance services · Pension services (CPV 66520000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date10 Apr 2025
- Published3 Nov 2025Published 207 days after the contract date
Description
The FCDO requires a supplier to provide administration and payment of pensions on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners currently entitled to life pensions, for the contract term. This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.
About the supplier
Crown Agents Bank: every public contract they have won, plus their Companies House record (company 11809810).