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Prior notice United Kingdom Services

Pensions Administration Software

Buyer: Pension Protection Fund

Published
1 April 2025
Place of performance
UK
Lots
1
Notice number
012147-2025
Reference
ocds-h6vhtk-04fb0c
Official source
Official source

CPV codes

Description

We are reviewing our pension administration software solution and wish to engage with the market to explore potential solutions. We want to understand what solutions may exist to meet our existing needs, as well as exploring enhancements that might be available to meet future needs. We ultimately seek a solution which will streamline pension administration for our members and future members, enhance user experience, provide modern digital tools and capabilities, and ensure compliance with legislative and regulatory standards. As of 31 March 2024, we administer the pensions for 432,496 of our members and payout approximately £1.2bn per year in member benefits. Our existing pensions administration contract expires 31 March 2029. All details contained in this notice are our genuine best estimate but are subject to change.

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The contracting authority is Pension Protection Fund (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.