Trhs0016 Provision of Pension Scheme Tender - 141064503

Procurement Summary

Country: United Kingdom

Summary: Trhs0016 Provision of Pension Scheme for the Euston Delivery Company

Deadline: 25 Jun 2026

Posting Date: 11 May 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 141064503

Document Ref. No.: TRHS0016

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

CPV Classification

66131100 - Pension investment services
66141000 - Pension fund management services
66520000 - Pension services
66521000 - Individual pension services
66522000 - Group pension services
66523000 - Pension fund consultancy services
66523100 - Pension fund administration services

Purchaser's Detail

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Tender Details

Subject to approvals, The Department of Transport (DfT) on behalf of the Euston Delivery Company (EDC) ("Buyer") is looking to appoint a pension provider for the provision of a pension scheme. The EDC is a new government-owned organisation so is not part of the civil service and is not covered by the current civil service pension arrangements. The service required is as follows: • Provision of a qualifying workplace pension scheme for a new government-owned company. • The pension scheme will be established for a maximum expected workforce of 60 EDC employees, who will be eligible to join the EDC pension scheme. EDC employees will be onboarded incrementally, with the first employees expected to commence employment from September 2026 onwards. • The pension scheme is required to be in place within 3 months from September 2026. • Terms are being requested based on an initial three-year pension scheme length, with an option, at the Buyer's sole discretion, to extend the Contract for up to an additional two years, exercisable in one-year increments (1+1). • Both a Master Trust and Contract based solution will be considered. The DfT is procuring the Services under this Contract. It is anticipated that, following contract award, responsibility for the Contract will be transferred from DfT to the EDC. The Contract will be novated to the EDC on terms to be agreed with the successful Tenderer ("Supplier"), at which point the EDC shall assume all rights, obligations and liabilities unde...
[Disclaimer: For this notice no specific deadline was given hence we have added 45 Days from the date of posting]

Documents

 Tender Notice