Administration and Payment of the Cordoba Agreement Pension Scheme to approximately 900 Overseas Pensioners

Awarded 31 Jul 2025

View live tenders
Awarded31 Jul 2025
Value£1,037,610.00
RegionLONDON
CategoryFinance & Insurance
Expires in 5y 9mo7y term, 18% elapsed
Awarded 31 July 2025Expires 30 July 2032

Foreign Commonwealth and Development Office awarded a contract to CROWN AGENTS BANK LIMITED for the administration and payment of pensions under the Cordoba Agreement Pension Scheme on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners who were entitled to life pensions for the contract term.

The contract covered bespoke administration services specific to the scheme and required a working knowledge of the Gibraltar Pension Ordinances.

It required the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.

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