Official UK procurement notice
Pension Administration Services: Teachers’ Pension Scheme (TPS)
Authority: Department for Education (Central government)
What is being bought
Published requirement descriptionThe purpose of this Notice is to Notify of the outcome of the procurement for the provision of a new administration service to ensure the successful continuation of delivery of the Teachers’ Pension Scheme.
- Recurrence: 2035
CPV: Accounting, auditing and fiscal services · Administration services · Business services: law, marketing, consulting, recruitment, printing and security · Call centre · Financial analysis and accounting software development services · Financial and insurance services · Financial information systems · IT services: consulting, software development, Internet and support · Mailing services · Office-support services · Pension fund administration services · Pension services · +1 more
The lotProcurement structure
single lot · no lot value publishedLot #1The key requirement is to administer the Teachers' Pension Scheme (TPS) in accordance…Awarded
The key requirement is to administer the Teachers' Pension Scheme (TPS) in accordance with the statutory regulations that govern the scheme. Those regulations are currently the Teachers’ Pensions Regulations 2010 and the Teachers’ Pension Scheme Regulations 2014 'the Regulations' as amended.
The administrator will be required to work with the Department to ensure the regulations remain up to date and appropriate and will need to adapt the administration to ensure it remains compliant with and supportive of any changes introduced via regulatory change or case law; such as the McCloud/Sargeant judgment in respect of 2015 transitional arrangements.
Administration of the Scheme must also comply with all other legislative requirements that have applied, apply, or will apply to the TPS. It is essential therefore that the contractor is proactive in monitoring, analysing, and adapting to new legislative requirements, ensuring the Scheme continues to adapt appropriately.
The vision for the TPS is 'to ensure that the TPS offers an attractive, clear and cost-effective contribution to the total reward package for teachers, and thus, that it plays a full part in recruiting and retaining an excellent teaching workforce.'
To support the DfE the TPS administration will be accepted as the best administered UK public service pension scheme. Providing an effective, fully digital, personalised service to our members with our partners at the centre of the administration design
The TPS is a statutory, unfunded, defined benefit occupational pension scheme split into three distinct sections:
- the Normal Pension Age (NPA) 60 section
- the NPA 65 section (note: both these sections provide benefits based on final salary and length of service)
- the 2015 section provides benefits based on career average earnings (CARE) and has a normal pension age equal to state pension age. Additional information: The Value of the Contract Excluding the optional up to 5 years extension options is: £173,951,390.15
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).
- Price
- Suitability
All minimum expected standards are outlined in the Statement of Service Requirements which will be available as part of the tender pack.
- Successive reduction
- Candidates will be reduced successively across stages
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Competitive dialogue
- 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
- Yes · 2035
- First published
- 20 Aug 2021, 22:45 BST
- Last source update
- 23 Jun 2023, 13:31 BST
- FTS notice number
2023/S 000-017960- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02d7afFind a Tender
- Review procedure
The Authority will incorporate a minimum 10 calendar day standstill period at the point
information on the award of the Contract is communicated to tenderers. Applicants who are unsuccessful
shall be informed by the Authority as soon as possible after the decision has been made as to the reasons
why the Applicant was unsuccessful. If any clarification regarding the award of the Contract has not been
successfully resolved, The Public Contracts Regulations 2015 (SI 2015 No. 102) provide for aggrieved parties
who have been harmed or are at risk of harm by breach of the rules to take legal action.
Any such action must be brought within the applicable limitation period. Where a contract has not been
entered into, the Court may order the setting aside of the award decision or order the Authority to amend
any document and may award damages.
If a contract has been entered into the Court may, depending on the circumstances, award damages, make a
declaration of ineffectiveness, order the Authority to pay a fine, and/or order that the duration of the
contract be shortened. The purpose of the voluntary standstill period referred to above is to allow the parties
to apply to the Courts to set aside the award decision before the Contract is entered into.
Publisher note: The procurement will be ran through the department’s E-tendering portal. Providers can access this system at: https://education.app.jaggaer.com for details of how to register and the terms of free registration. All information included in this notice is indicative and subject to change, the contract value quoted is an estimate based on TPS’s current requirements and expectations only.
How it was run
Official notice- Submission deadline
- 12 Sept 2021
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 360 days from the deadline
Timeline
12 Sept 2021 → 23 Jun 2023 · 2 dates- Submission deadline12 Sept 2021
- Notice published23 Jun 2023, 13:31 BST
Notice history
1 event · 3 releases on Find a Tender- Status changed to complete23 Jun 2023, 13:31 BST
Published amendments (1 · 0 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | TextII.2.7 | Duration in months 120 This contract is subject to renewal No | Duration in months 144 This contract is subject to renewal No | |
| — | TextII.2.14 | The Department reserves the right not to enter into a formal procurement process and not award contract(s). The Authority will not be liable for any tender cost, expenditure, work or effort incurred by a candidate/tenderer in acting on the basis of this Notice. | The Department reserves the right not to enter into a formal procurement process and not award contract(s). The Authority will not be liable for any tender cost, expenditure, work or effort incurred by a candidate/tenderer in acting on the basis of this Notice. Expected contract length changed to include a possible 2 year transition period prior to the 10 year delivery period. Transition period wi… |
1 amendment published without a description.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| TATA CONSULTANCY SERVICES LIMITEDTeachers’ Pension Scheme Administration | £233,866,286 † | — | Awarded |
Contracts
Teachers’ Pension Scheme Administration · TATA CONSULTANCY SERVICES LIMITED
- Signed
- 28 May 2023
- Value
- £233,866,286
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview body
- The Royal Courts of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- Tata Consultancy Services LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria