Trustee Services Panel

A Contract Award Notice
by PENSION PROTECTION FUND

Source
Contracts Finder
Type
Framework (Services)
Duration
2 year
Value
£43M
Sector
BUSINESS
Published
19 Feb 2025
Delivery
01 Apr 2025 to 31 Mar 2027
Deadline
04 Nov 2024 13:00

Concepts

Location

Geochart for 1 buyers and 4 suppliers

1 buyer

4 suppliers

Description

The Board of the Pension Protection Fund has established a new Framework of specialist firms to provide trustee and pre-insolvency services to pension schemes prior to, and during, the PPF Assessment Period. The contract will be for an initial term of two years with two optional one-year extensions to take the maximum possible term to four years (2+1+1). The estimate value of call-off contracts awarded via this framework's full potential four-year term is £36,000,000 + VAT (£43,200,000 inc. VAT).

Award Detail

1 Dalriada Trustees (Belfast)
  • Value: £43,200,000
2 Ross Trustees Services (London)
  • Value: £43,200,000
3 Open Trustees (Bristol)
  • Value: £43,200,000
4 Vidett Trustee Services (Reading)
  • Value: £43,200,000

CPV Codes

  • 66520000 - Pension services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains