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Contract Award Notice

Civil Service DC Pension Arrangements: Administration and Investment Platform Services

  • First published: 20 August 2019
  • Last modified: 20 August 2019
  • Record interest

     

  • This file may not be fully accessible.

  •  

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
The Cabinet Office
Authority ID:
AA26341
Publication date:
20 August 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Cabinet Office intends to select a single preferred provider.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Cabinet Office

N/A

Cabinet Office, 4th Floor, 1 Horse Guards Road

London

SW1A 2HQ

UK

Contact person: Kevin Hughes, Senior Pensions Policy Adviser

Telephone: +44 3450103503

E-mail: pat.robinson@cabinetoffice.gov.uk

NUTS: UK

Internet address(es)

Main address: www.gov.uk/government/organisations/cabinet-office

Address of the buyer profile: https://gpsesourcing.cabinetoffice.gov.uk

I.2) Joint procurement

The contract is awarded by a central purchasing body

I.4) Type of the contracting authority

Ministry or any other national or federal authority, including their regional or local subdivisions

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Civil Service DC Pension Arrangements: Administration and Investment Platform Services

Reference number: 2

II.1.2) Main CPV code

66520000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The Cabinet Office is re-tendering for the provision of administration and investment platform services for the civil service pension scheme defined contribution (DC) arrangements. The current DC pension arrangements include:

1) Partnership pension account (contract-based; bundled; main DC arrangement);

2) The civil service additional voluntary contribution scheme (a statutory scheme – akin to a trust based arrangement); and

3) Stand-alone Stakeholder scheme contract based; bundled arrangement).

Tenders are invited for the provision of DC pension services, through either contract-based or master-trust type arrangement. The Cabinet Offices' preference is to have a single type of arrangement going forwards with a single provider. Bidders can submit 2 bids if they would like to put forward a contract based solution and a master-trust solution.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 390 000 000.00  GBP

II.2) Description

II.2.2) Additional CPV code(s)

75320000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UK

II.2.4) Description of the procurement

The Cabinet Office intends to select a single preferred provider.

II.2.5) Award criteria

Quality criterion: N/A / Weighting: N/A

Cost criterion: N/A / Weighting: N/A

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

Duration in months: 60

Term of the contract may be extended subject to satisfactory performance. Any variations or extensions will be subject to discussion and agreement between the provider and the Cabinet Office.

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Restricted procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2016/S 160-289740

Section V: Award of contract

Title: Administration Services in relation to the Mastertrust Schemes

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/04/2019

V.2.2) Information about tenders

Number of tenders received: 7

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Legal and General Resources Ltd

02334263

One Coleman Street

London

EC2R 5AA

UK

E-mail: employerdedicatedteam@landg.com

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 390 000 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

The Cabinet Office intends to use an used an eTendering system as follows:

Suppliers instructions: how to express interest in this tender:

1) Register on the eSourcing tool (this is only required once): https://gpsesourcing.cabinetoffice.gov.uk and click the link to register

— accept the terms and conditions and click ‘continue’,

— enter your correct business and user details,

— note your chosen username and click ‘Save’.

You will receive an email with your password (keep this secure).

2) Express an interest in the tender

— login to the tool with the username/password,

— click the ‘PQQs/ITTs Open To All Suppliers’ link. (This is a pre-qualification questionnaires open to any registered supplier),

— click on the relevant PQQ/ ITT to access the content,

— click the ‘Express Interest’ button at the top of the page,

— this will move the PQQ/ITT into your ‘My PQQs/ My ITTs’ page. (A secure area reserved for your projects only),

— you can now access any attachments by clicking ‘Buyer Attachments’ in the ‘PQQ/ITT Details’ box;

3) Responding to the tender

— click ‘My Response’ under ‘PQQ/ ITT Details’, you can choose to ‘Create Response’ or to ‘Decline to Respond’ (please give a reason if declining),

— you can now use the ‘Messages’ function to communicate with the buyer and seek any clarification,

— note the deadline for completion. Follow the on-screen instructions to complete the PQQ/ ITT — There may be a mixture of online and offline actions to complete (detailed online help available). To submit your reply use the ‘Submit Response’ button (top of the page). For further assistance please consult the online help, or the eTendering help desk. The Cabinet Office expressly reserves the rights:

(i) to use a reverse auction;

(ii) to cancel this procurement at any stage;

(iii) to not award any contract as a result of the procurement process commenced by publication of this notice;

(iv) and in no circumstances will Cabinet Office be liable for any costs incurred by potential suppliers.

VI.4) Procedures for review

VI.4.1) Review body

Royal Courts of Justice

Strand

London

UK

Internet address(es)

URL: www.justice.gov.uk

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

Review procedures are as set out in the Concession Contracts Regulations 2016. Proceedings under the Concession Contracts Regulations 2016 are time limited and any such proceedings must be brought in the High Court of England and Wales.

VI.4.4) Service from which information about the review procedure may be obtained

Cabinet Office

4th Floor, 1 Horse Guards Road

London

SW1A 2HQ

UK

Telephone: +44 3450103503

VI.5) Date of dispatch of this notice

16/08/2019

Coding

Commodity categories

ID Title Parent category
75320000 Government employee pension schemes Compulsory social security services
66520000 Pension services Insurance and pension services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
pat.robinson@cabinetoffice.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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