Official UK procurement notice
Cordoba Agreement Pension Scheme.
Authority: Foreign, Commonwealth and Development Office (Central government)
What is being bought
Published requirement descriptionThe FCDO requires a supplier to provide administration and payment of pensions on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners currently entitled to life pensions, for the contract term.
This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.
CPV: Individual pension services · Pension services
The lotProcurement structure
single lot · no lot value publishedLot #1The FCDO require the facility of a banking service to provide services in relation to…AwardedRenewal
The FCDO require the facility of a banking service to provide services in relation to the administration of this Cordoba scheme, and the disbursement of pension payments to pensioners covered by the ongoing Scheme Agreement.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- Technical/Quality: 70%
- Price: 30%
Published award criteria (2)
- Technical/Quality: 70
- Price: 30
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 9 Aug 2024, 16:03 BST
- Last source update
- 3 Nov 2025, 14:23 GMT
- Award evaluation window
- 17 Dec 2024 – …
- Authority reference
Project 11366 ITT 6797- FTS notice number
2025/S 000-070490- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-048990Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official notice- Submission deadline
- 17 Dec 2024, 17:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 17 Dec 2024, 18:00 GMT
Timeline
25 Nov 2024 → 3 Nov 2025 · 5 dates- Next notice expected25 Nov 2024
- Submission deadline17 Dec 2024, 17:00 GMT
- Bids opened17 Dec 2024, 18:00 GMT
- Contract starts1 Aug 2025, 00:00 BST
- Notice published351 days ago3 Nov 2025, 14:23 GMT
Notice history
4 events · 4 releases on Find a Tender · since 2 Dec 2024- Status changed to active2 Dec 2024, 14:04 GMT
- Procurement method changed2 Dec 2024, 14:04 GMT
- Deadline published: 17 Dec 2024, 17:00 GMT2 Dec 2024, 14:04 GMT
- Status changed to complete3 Nov 2025, 14:23 GMT
Published amendments (1 · 0 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | TextII.2.4) Description | Pension fund management and welfare checks in Gibraltar. The FCDO Commercial team is seeking feedback from the market and wish to understand Suppliers capability and appetite to deliver an end to end pension assessment and administration to those identified in the description field. | The FCDO Commercial team is seeking feedback from the market and wish to understand Suppliers capability and appetite to deliver an end to end pension assessment and administration to those identified in the description field. | |
| — | TextII.1.1) Title | Cordoba Agreement Pension Scheme | Cordoba Agreement and Gibraltar Social Insurance Fund (GSIF) Pension Schemes |
Anticipated desired contract length up to 10 yrs due to the nature of this requirement but subject to further discussion and amendments. We are issuing this PIN for information about a possible upcoming tender opportunity. The FCDO are keen, to understand supply market capability, perspectives and gauge the interest and ability of suppliers to provide this service. If you feel this opportunity c…
Routine re-releases (4)
- 2024-08: 1 release · 9 Aug 2024
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| CROWN AGENTS BANK LIMITED | £1,037,610 † | — | Awarded |
Contracts
Cordoba Agreement Pension Scheme · CROWN AGENTS BANK LIMITED
- Signed
- 6 Oct 2025
- Value
- £1,037,610
- Period
- … – 31 Jul 2029
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Centre for Effective Dispute Resolution (CEDR)Review body
Bidders & participating suppliers
1 commercial party on the notice- CROWN AGENTS BANK LIMITEDAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.