RM6326
This Award Notice relates solely to Lot 2: Procurement for the provision of pension administration for the Royal Mail Statutory Pension Scheme (RMSPS). The RMSPS is managed by the Authority. The current contract expires on 30 September 2024. The RMSPS is the 6th largest public sector pension scheme in the United Kingdom, with approximately 365,000 members
Buyer
The Cabinet Office
Value
£310,000,000
Published
29 Jul 2024
Closes
7 Mar 2022
Procurement details
Source
Find a Tender
Region
United Kingdom
Procurement method
Selective
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
75320000
Government employee pension schemes
66520000
Pension services
75100000
Administration services
Lots
Lot 1 The provision of pension administration for the Civil Service Pension Scheme
£239,000,000
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 mem...
Delivery: United Kingdom, West Surrey
Lot 2 Procurement for the provision of pension administration for the Royal Mail Statutory Pensions Scheme (“RMSPS”)
£48,000,000
The Authority requires the provision of administration services for the RMSPS. The pension administration services required include the following: Pension Administration services are required for the following two membership profiles:(1) RMSPS scheme members with no benefits in the RMPP and (2) RMSPS scheme members with benefits in the RMPP. The pension admi...
Delivery: United Kingdom
Lot Lot 1 Procurement for the provision of pension administration for the Civil Service Pension Scheme
£262,000,000
The Authority requires the provision of administration services for the CSPS, which includes 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 mem...
Delivery: United Kingdom
Lot Lot 2 Procurement for the provision of pension administration for the RMSPS
£48,000,000
The provision of administration services for the RMSPS. The pension administration services include the following: finance, accounting and taxation services; administration services; interactions with members including portal provision/self-service; maintenance of accurate and clean member and scheme data; member communications (including managing and operat...
Delivery: United Kingdom
Documents
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