Cordoba Agreement Pension Scheme.

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  "date": "2025-11-03T14:23:40Z",
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        "postalCode": "SW1A 2AH",
        "countryName": "United Kingdom",
        "streetAddress": "King Charles Street"
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    },
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        "postalCode": "SE1 9SG",
        "countryName": "United Kingdom",
        "streetAddress": "The News Building"
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      "details": {
        "scale": "large"
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      "identifier": {
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    },
    {
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      "address": {
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        "countryName": "United Kingdom"
      },
      "identifier": {
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  ],
  "language": "en",
  "contracts": [
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      "title": "Cordoba Agreement Pension Scheme",
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      },
      "status": "active",
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      "dateSigned": "2025-10-06T00:00:00+01:00"
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  "date": "2024-12-02T14:04:41Z",
  "ocid": "ocds-h6vhtk-048990",
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        "hasRenewal": true,
        "description": "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. Additional information: Reduced timescales for the tender window (due to PIN that was published 09 August 2024)",
        "contractPeriod": {
          "endDate": "2029-07-31T23:59:59+01:00",
          "startDate": "2025-08-01T00:00:00+01:00"
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    "title": "Cordoba Agreement Pension Scheme",
    "status": "active",
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    "submissionMethodDetails": "https://fcdo.bravosolution.co.uk/web/login.html",
    "procurementMethodDetails": "Open procedure"
  },
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      "name": "Foreign Commonwealth and Development Office",
      "roles": [
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      ],
      "address": {
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        "locality": "London",
        "postalCode": "SW1A 2AH",
        "countryName": "United Kingdom",
        "streetAddress": "King Charles Street"
      },
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    }
  ],
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{
  "id": "025962-2024",
  "tag": [
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  "date": "2024-08-15T13:52:18+01:00",
  "ocid": "ocds-h6vhtk-048990",
  "buyer": {
    "id": "GB-FTS-131",
    "name": "Foreign Commonwealth and Development Office"
  },
  "tender": {
    "id": "ocds-h6vhtk-048990",
    "title": "Cordoba Agreement Pension Scheme",
    "amendments": [
      {
        "id": "1",
        "description": "Anticipated desired contract length up to 10 yrs due to the nature of this requirement but subject to further discussion and amendments. \nWe 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 could be of interest to your company please reach out to Michelle.Dilkes@fcdo.gov.uk or Marie.Strandberg@fcdo.gov.uk.",
        "unstructuredChanges": [
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            "where": {
              "section": "II.2.4) Description"
            },
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              "text": "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."
            },
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              "text": "Pension fund management and welfare checks in Gibraltar.\nThe 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."
            }
          },
          {
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            },
            "newValue": {
              "text": "Cordoba Agreement and Gibraltar Social Insurance Fund (GSIF) Pension Schemes"
            },
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        ]
      }
    ],
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    "description": "The FCDO Commercial team are 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.",
    "classification": {
      "id": "66141000",
      "scheme": "CPV",
      "description": "Pension fund management services"
    },
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  },
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      "name": "Foreign Commonwealth and Development Office",
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  "language": "en",
  "initiationType": "tender"
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{
  "id": "025289-2024",
  "tag": [
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  "date": "2024-08-09T16:03:54+01:00",
  "ocid": "ocds-h6vhtk-048990",
  "buyer": {
    "id": "GB-FTS-131",
    "name": "Foreign Commonwealth and Development Office"
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  "tender": {
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    "lots": [
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        "status": "planned",
        "description": "Pension fund management and welfare checks in Gibraltar. \nThe 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."
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    ],
    "items": [
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            "description": "Individual pension services"
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    ],
    "title": "Cordoba Agreement and Gibraltar Social Insurance Fund (GSIF) Pension Schemes",
    "value": {
      "amount": 18000000,
      "currency": "GBP"
    },
    "status": "planned",
    "coveredBy": [
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    ],
    "legalBasis": {
      "id": "32014L0024",
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    },
    "description": "Cordoba is the trilateral agreement between the Governments of the UK, Spain, and Gibraltar, which was reached in Cordoba in 2006. This agreement, amongst other things, provided a settlement to the long-running issue of pensions paid to Spanish workers affected by the 1969 Spain/Gibraltar border closure. This service contract is to provide services to, and the disbursement of pension payments to, pensioners covered by the ongoing agreement.   \nThere are currently approximately 742 monthly and 198 quarterly paid pensioners in receipt of this pension. This is a closed pension, with the number of members expected to decline over the contract period, which may lead to the eventual early termination of the scheme \nThe FCDO is seeking a supplier registered with the Financial Conduct Authority (FCA) to calculate, manage and disburse pension payments over a four to nine year period.  \nWe estimate £1.9M in pension payments will be disbursed annually, with this reducing year on year.  \nThe supplier will be responsible for the end-to-end pension assessment and administration to the limited number of employees still registered. You will be required to make payments in local currency which currently include; Euro and GBP.  \nPayments will be made in local currency, direct to pensioners’ bank accounts. Amounts required to be converted into foreign currency will be converted at the Supplier’s Bank’s Reference Exchange Rate on the relevant day. The Supplier will absorb any transaction costs within this process and ensure no costs are deducted from the pension payment \nResponsibilities will include, but are not limited to;  \nSetting up and maintaining standing instruction records of payments made each month to each pensioner comprising bank details provided by the pensioner and frequency of payments.   \nMaking changes to the standing instruction records in accordance with information received from the pensioner.  \nMaintaining records of each payment made to each pensioner  \nRequesting the completion of a “Proof of Life” form (life certificate) annually confirming that the pensioner is still alive.  \nDisbursing funds to pensioners in line with FCDO requirements.   \nResolve any queries from pensioners relating to payment issues.   \nProvide required reporting.   \nProvide a dedicated resource to FCDO.  \nAbility to communicate verbally and in writing in Spanish and English  \nManaging tax demand; applying tax codes, calculating PAYE and compliance with HMRC.  \nThe service is bespoke to the FCDO.  \nThe FCDO reserves the right to change the process at any stage and to undertake this procurement using alternative routes. The Authority is not committing at this time to undertake a procurement. Please note that the value range stated is an estimate at this stage and will be finalised following further analysis and confirmed during the process.",
    "communication": {
      "futureNoticeDate": "2024-11-25T00:00:00Z"
    },
    "classification": {
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      "description": "Pension fund management services"
    },
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      "name": "Foreign Commonwealth and Development Office",
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        "locality": "London",
        "postalCode": "SW1A 2AH",
        "countryName": "United Kingdom",
        "streetAddress": "King Charles Street"
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}