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Official procurement procedure

Administration of the Civil Service Pensions Schemes

Pension fund administration services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: The Minister for the Cabinet Office acting through Crown Commercial Service: "Administration of the Civil Service Pensions Schemes". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityThe Minister for the Cabinet Office acting through Crown Commercial ServiceScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: The Minister for the Cabinet Office acting through Crown Commercial Service
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for The Minister for the Cabinet Office acting through Crown Commercial Service. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
23.3Bids / Report
0.7% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 148 active published awards; 145 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityThe Minister for the Cabinet Office acting through Crown Commercial Service
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published27 Jan 2021, 22:56 GMT
Last source update27 Jan 2021, 22:56 GMT
Recurring procurementNot published
ClassificationPension fund administration services
Delivery area
UK
OCIDocds-h6vhtk-028df8
What is being bought
The administration of civil service pensions for more than 1.5 million past and present civil servants and more than 250 employers; the provision of pension payroll and injury benefit services; and services in connection with the Civil Service Compensation Scheme, which provides compensation to civil servants in the event of redundancy.
What changed
From the official release history
  1. Status changed to complete
    27 Jan 2021, 22:56 GMT
  2. Official notice release published
    27 Jan 2021, 22:56 GMT
  3. Buyer information updated
    27 Jan 2021, 22:56 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Cabinet Office is responsible for the management of the Civil Service Pension Scheme (CSPS) and the Royal Mail Statutory Pension Scheme (RMSPS) - the third and sixth largest pension schemes in the UK respectively. The CSPS is currently administered under contract by MyCSP Ltd and the contract is due to expire on 31 December 2021. Additional work has become necessary between early 2021 and mid 2023 In order to allow the contracting authority to meet its obligations in response to the McCloud judgment on the transitional protection elements of the 2015 public sector pension scheme reforms. This cannot be carried out by an alternative provider for economic and technical reasons without causing significant inconvenience or substantial duplication of costs for the contracting authority. Accordingly, the contracting authority has entered into an agreement with MyCSP to extend the contract by two years. The RMSPS is currently administered under a separate contract with Capita, which expires in September 2023. Additional information: Cabinet Office expects to run a single procurement for both schemes. An advert will be published in Q2 of 2021 with contract award in 2022. To inform the procurement, Cabinet Office is undertaking pre-market engagement and would welcome views from suppliers on: Delivery Model, Service Transformation, Transition, Technology, Commercial models and risk appetite.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    27 Jan 2021, 22:56 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 20 Jan 2021, 00:00 GMT · £44,762,364
Commercial outcome and competition
Awards
MyCSP Limited
Not published · Not published · active
Contracts
Administration of Civil Service Pensions
£44,762,364 · signed 20 Jan 2021, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

The Minister for the Cabinet Office acting through Crown Commercial Service

Contracting authority GB-FTS-575
View buyer profile

  • The Minister for the Cabinet Office acting through Crown Commercial Service
    buyer

    9th Floor, The Capital, Old Hall Street, Liverpool, UK, L3 9PP
    pat.robinson@cabinetoffice.gov.uk
    +44 7711937552

  • High Court of England and Wales
    reviewBody

    London

  • MyCSP Limited
    supplier

    Park Square, Bird Hall Lane, Stockport, UK, SK3 0XM
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleCabinet Office is responsible for the management of the Civil Service Pension Scheme (CSPS) and the Royal Mail Statutory Pension Scheme (RMSPS). MyCSP Ltd administers the CSPS, and the contract expires on 31 December 2021. Additional work has become necessary to allow Cabinet Office to meet its obligations in response to the McCloud judgment on the transitional protection elements of the 2015 public sector pension scheme reforms (the “2015 Remedy”). An alternative provider cannot deliver this work for technical reasons, and without causing significant inconvenience or duplication of costs. The principle technical issue is the need to administer the 2015 Remedy from early 2021 alongside the core scheme administration, which timeline precludes the opportunity to procure and transition the services to an alternative provider. It is expected the 2015 Remedy will take three years to complete. Continuing with the current provider allows the Cabinet Office to meet the immediate needs of scheme members who have already taken pensions and may need to have their pensions adjusted under the 2015 Remedy or who have been denied ill health retirement pensions which may be granted due to the 2015 Remedy. In addition to meeting the needs of those retiring over the coming few years. For a third party to deliver the 2015 Remedy separately from the core pension administration would require substantial duplication of costs and be technically difficult due to the need to; replicate the scheme calculations through a second pension administration system; transition and duplicate scheme data; maintain two parallel databases; and interface data between two administrators to ensure consistent and accurate communication with members and employers to calculate the benefits. Accordingly, Cabinet Office has entered into an agreement with MyCSP to extend the contract by two years and to deliver the 2015 Remedy programme. Cabinet Office expects to commence a new procurement exercise for the administration of both CSPS and RMSPS in Q2 of 2021. As set out in the additional information section, Cabinet Office will carry out pre-market engagement to inform the procurement exercise for replacement CSPS and RMSPS contract(s).