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TenderCloses in 87 days

Pension Administrative Services

BANK OF ENGLAND · published 6 Oct 2026

Deadline
8 Feb 2027, 12:00 · questions by 15 Jan 2027, 12:00
Estimated value
£11,200,000 excluding VAT where stated
Procedure
Competitive flexible procedure · above threshold
Contract dates
1 Aug 2027 to 31 Jul 2033
Where
UK-wide
Categories (CPV)
  • 66141000 Pension fund management services
  • 66523100 Pension fund administration services
Award criteria
  • Quality (quality)65%
  • Price (price)30%
  • Social Value (quality)5%

Description

As part of its overall reward package for Bank employees, the Bank offers a non-contributary defined benefit pension as a core benefit. The Bank is looking to appoint a supplier who has the capability and capacity to provide Pension Administrative Services. The exact supply detail is set out in the Statement of Requirements. The Term is 6 + 5 years. The value is estimated at £9M - £14M.

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