Official UK procurement notice
Trustee Services Panel · UK public procurement notice
Authority: Pension Protection Fund (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThe Board of the Pension Protection Fund has established a new Framework of specialist firms to provide trustee and pre-insolvency services to pension schemes prior to, and during, the PPF Assessment Period.
CPV: Pension services
How this framework works
From the published notice- Places
- up to 4 suppliers · 4 bids received (1.0 per place) · 4 appointed (full)
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£36,000,000
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 (6)
- Customer Service Quality: 30
- Capacity: 20
- Quality Standards: 20
- Continuous Improvement: 20
- price: 100
- Social Value: 10
Published award criteria (6)
- Customer Service Quality: 30
- Capacity: 20
- Quality Standards: 20
- Continuous Improvement: 20
- Social Value: 10
- Price: 100
- Price carries 100 of 200 points: a 10% discount moves about 10 points. This one is won on the number: sharpen the price before polishing the prose.
- “Trustee Services Panel” is a framework: the contest is a place on its panel, up to 4 suppliers, not a single contract.
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
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 30 Sept 2024, 13:34 BST
- Last source update
- 19 Feb 2025, 16:57 GMT
- Award evaluation window
- 4 Nov 2024 – …
- FTS notice number
2025/S 000-005990- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04a429Find a Tender
How it was run
Official notice- Appointment period ends
- 4 Nov 2024, 13:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 4 Nov 2024, 13:00 GMT
Timeline
4 Nov 2024 → 19 Feb 2025 · 3 dates- Admission / appointment period endsperiod end, not a bid countdown4 Nov 2024, 13:00 GMT
- Bids opened4 Nov 2024, 13:00 GMT
- Notice published19 Feb 2025, 16:57 GMT
Notice history
2 events · 2 releases on Find a Tender · since 19 Feb 2025- Status changed to complete19 Feb 2025, 16:57 GMT
- Buyer details updated19 Feb 2025, 16:57 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast4 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
All 4 of these contracts carry the same published figure, £36,000,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.
Trustee Services Panel
- Signed
- 14 Feb 2025
- Value
- ceiling above
- Status
- active
Trustee Services Panel
- Signed
- 11 Feb 2025
- Value
- ceiling above
- Status
- active
Trustee Services Panel
- Signed
- 11 Feb 2025
- Value
- ceiling above
- Status
- active
Trustee Services Panel
- Signed
- 11 Feb 2025
- Value
- ceiling above
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- The Board of the Pension Protection FundContracting authorityReview bodyBody governed by public lawEconomic affairs
Dispute resolution & review bodies
- The Pension Protection FundReview body
Framework contractors & participating bidders
4 commercial parties on the notice- Dalriada Trustees LimitedFramework contractor
- Open Trustees LimitedFramework contractor
- Ross Trustees Services LimitedFramework contractor
- Vidett Trustee Services LimitedFramework contractor
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.