Provision of Defined Contribution Pension Arrangement for GovCo Staff by Friends Life & Pensions Ltd
HMRC · Awarded contract
AwardedProvision of Defined Contribution Pension Arrangement for GovCo Staff by Friends Life & Pensions Ltd
Awarded 31 Jul 2016
Awarded31 Jul 2016
Value£70,000.00
SupplierFriends Life & Pensions Ltd
AgencyHMRC
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 6y 3mo ago4y term
Awarded 31 July 2016Expired 31 July 2020
About
HMRC awarded a contract to Friends Life & Pensions Ltd for pension fund management and administration services, specifically to establish a new defined contribution pension arrangement for approximately 1000 staff employed by GovCo, a limited company established by HMRC.
The arrangement is between the pension provider and GovCo, with HMRC conducting the procurement on GovCo's behalf.
The contract value is £70,000.
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Provision of Defined Contribution Pension Arrangement for GovCo Staff by Friends Life & Pensions Ltd
Won by Friends Life & Pensions Ltd · HMRC
£70Kawarded
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Pension Administrative Services for Bank Employees – 6+5 Year Contract (£9M–£14M)Finance & Insurance · Closes 8 Feb 2027
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
How it is scoredPrice 40%, experience 35%, method 25%
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