Professional Services Administration, Actuarial, Support and Consultancy Services

Tender description

The Board of the Pension Protection Fund would like to procure a new Framework Agreement of specialist firms to provide Administration, Actuarial, Support and Consultancy Services. Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time, firms on this lot have direct experience in the pensions industry. Lot 2 is aimed at firms with specialist actuarial capabilities who will have experience in either the pensions or insurance industries. Firms on Lot 2 are therefore able to provide a broad scope of the specified actuarial consultancy services, although not necessarily all, as the intention was to establish a reasonable pool of suppliers who are capable of delivering any specific call-off contract we intend to seek to award. NEST may also choose to contract for services via a call-off from the Framework. The final value of the framework across the maximum term may fall within a huge range as it has been set up to be available for future call-offs for requirements that we may not currently be aware of.