Contract Review and Options Analysis

Tender description

NS&I's current outsource contract commenced on 1 April 2014 and runs for an initial term of 7 years until 2021. NS&I have the option to extend for up to a further 3 years taking the maximum contract duration to 2024. NS&I will be commencing a review of the current contract in January 2016 with a view to determining if an extension of the current contract or a re-tender of the services delivers the best outcome for NS&I. The review needs to be completed by April 2016. Successful bidders will be required to; (a) Work with NS&I to develop a framework that can be used to provide a robust decision making process and rationale. This framework will need to be capable of being reviewed by NS&I at a later date to validate the initial decision. (b) Support NS&I with the evaluation of the current position with a view to making an initial recommendation whether to extend or re-tender by April 2016. (c) Provide current market knowledge of outsourcing arrangements and strategies that may influence the decision. (d) Validate financial analysis, as required, to support the decision.