Official UK procurement notice
PROJ10136 Agreement for Services in Respect of Overseas Pension Scheme
Authority: Foreign, Commonwealth and Development Office (Central government)
What is being bought
Published requirement descriptionThis service contract is to provide administration services to, and the disbursement of pension payments to entitled pensioners. This contract is for 24 months with the option to extend for a further 24 months and up to another £600,000 subject to approvals. FCDO reserves the right to scale back or discontinue this programme at any point in line with FCDO Standard Terms and Conditions and contract documents.
CPV: Foreign economic-aid-related services
The lotProcurement structure
single lot · no lot value publishedLot #1Through a competitive tender for a supplier to manage and disburse pension payments…Awarded
Through a competitive tender for a supplier to manage and disburse pension payments for overseas service agreements. This procurement will take place through the EU OJEU Open Procedure. FCDO encouraged interest and participation from suppliers with the appropriate capability and capacity as outlined in the tender documents including the relevant registration through the Financial Conduct Authority and the Bank of England Prudential Regulations Authority or equivalent. Suppliers that are interested in the opportunity registered on the FCDO Supplier Portal fcdo.proactisportal.com ↗
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 award criteria: 60%
- price: 40%
Published award criteria (2)
- technical award criteria: 60
- Price: 40
- Price carries 40 of 100 points: a 10% discount moves about 4 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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 19 Feb 2021, 09:15 GMT
- Last source update
- 19 Feb 2021, 09:15 GMT
- Authority reference
DN133- FTS notice number
2021/S 000-003321- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-029461Find a Tender
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| CROWN AGENTS BANK LIMITEDAgreement for Services in Respect of Overseas Pension Scheme | £600,000 † | — | Awarded |
Contracts
Agreement for Services in Respect of Overseas Pension Scheme · CROWN AGENTS BANK LIMITED
- Signed
- 29 Jan 2021
- Value
- £600,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic | 0 | — | — |
Contracting authority & participating public bodies
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.