Expired contract

Contract Award for the Pension Consultancy Service for the British Embassy The Hague

Details

Supplier(s)
Bell Pension Consultants & Actuaries
Value
£72,156
Duration
3 years
Topic
Pension fund consultancy services
Published
4 August 2022

Tender description

The objective of the procurement is to find a Pension Consultancy Service provider that is expected to deliver value for money and to offer high quality of services. The main features of services required: - assistance and advice on local staff pension matters; - estimating pension costs for the FY; - presentations in English to all local staff on the changes to pension legislation; - liaising with the pension provider and carrying out monthly checks; - supporting with the pension tender every 3-5 years; - creating excel sheets for local staff incorporating salary, social security, employer and employee pension costs; - a Pension calculator; - a yearly overview of the pension situation in the Netherlands and updates when applicable on changes to pension legislation in English. Changes affecting local staff should be presented via a presentation to local staff; - calculation of pay uplift scenarios; - other consultations related to the pension actuary services. The contract duration is three years thereafter with optional extension of another two years (option to renew annually).

Timeline

  1. Completed: Award date14 July 2022
  2. Completed: Award published4 August 2022
    Current notice
  3. Completed: Contract expiry date30 June 2025

About the buyer

The Foreign, Commonwealth and Development Office is a ministerial department that buys through its own Commercial Directorate. Four category teams cover programme delivery, estates and security, digital and technology, and corporate services. The department runs its own frameworks, such as the Global Development Delivery Framework, and dynamic purchasing systems for construction and global facilities management.

A commercial pipeline is updated every quarter.

Over the past 5 years, most of the Foreign, Commonwealth and Development Office's contract awards have been in business services, transport equipment and construction work.

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