Pension Administration Services: Teachers’ Pension Scheme (TPS)
The purpose of this Notice is to Notify of the outcome of the procurement for the provision of a new administration service to ensure the successful continuation of delivery of the Teachers’ Pension Scheme.
Buyer
Department for Education
Value
£185,000,000
Published
23 Jun 2023
Closes
12 Sept 2021
Procurement details
Source
Find a Tender
Region
Westminster
Procurement method
Selective
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66523100
Pension fund administration services
48000000
Software package and information systems
48812000
Financial information systems
66000000
Financial and insurance services
66520000
Pension services
72000000
IT services: consulting, software development, Internet and support
72212440
Financial analysis and accounting software development services
75100000
Administration services
Lots
Lot 1 Pension Administration Services: Teachers’ Pension Scheme (TPS)
£233,866,286
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 e...
Delivery: United Kingdom
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Contains public sector information licensed under the Open Government Licence v3.0.