Section one: Contracting authority
one.1) Name and addresses
Department for Education
Sanctuary Buildings, 20, Great Smith Street
London
SW1P 3BT
TPS.COMMERCIAL@education.gov.uk
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
https://www.gov.uk/government/organisations/department-for-education
one.4) Type of the contracting authority
National or federal Agency/Office
one.5) Main activity
Education
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Pension Administration Services: Teachers’ Pension Scheme (TPS)
two.1.2) Main CPV code
- 66523100 - Pension fund administration services
two.1.3) Type of contract
Services
two.1.4) Short description
The purpose of this Notice is to Notify of the outcome of the procurement for the provision of a new administration service to ensure the successful continuation of delivery of the Teachers’ Pension Scheme.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £233,866,286.34
two.2) Description
two.2.2) Additional CPV code(s)
- 48000000 - Software package and information systems
- 48812000 - Financial information systems
- 66000000 - Financial and insurance services
- 66520000 - Pension services
- 72000000 - IT services: consulting, software development, Internet and support
- 72212440 - Financial analysis and accounting software development services
- 75100000 - Administration services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
- 79200000 - Accounting, auditing and fiscal services
- 79500000 - Office-support services
- 79512000 - Call centre
- 79571000 - Mailing services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
The key requirement is to administer the Teachers' Pension Scheme (TPS) in accordance with the statutory regulations that govern the scheme. Those regulations are currently the Teachers’ Pensions Regulations 2010 and the Teachers’ Pension Scheme Regulations 2014 'the Regulations' as amended.
The administrator will be required to work with the Department to ensure the regulations remain up to date and appropriate and will need to adapt the administration to ensure it remains compliant with and supportive of any changes introduced via regulatory change or case law; such as the McCloud/Sargeant judgment in respect of 2015 transitional arrangements.
Administration of the Scheme must also comply with all other legislative requirements that have applied, apply, or will apply to the TPS. It is essential therefore that the contractor is proactive in monitoring, analysing, and adapting to new legislative requirements, ensuring the Scheme continues to adapt appropriately.
The vision for the TPS is 'to ensure that the TPS offers an attractive, clear and cost-effective contribution to the total reward package for teachers, and thus, that it plays a full part in recruiting and retaining an excellent teaching workforce.'
To support the DfE the TPS administration will be accepted as the best administered UK public service pension scheme. Providing an effective, fully digital, personalised service to our members with our partners at the centre of the administration design
The TPS is a statutory, unfunded, defined benefit occupational pension scheme split into three distinct sections:
• the Normal Pension Age (NPA) 60 section
• the NPA 65 section (note: both these sections provide benefits based on final salary and length of service)
• the 2015 section provides benefits based on career average earnings (CARE) and has a normal pension age equal to state pension age.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
Extension options 1+1+1+1+1
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2.14) Additional information
The Value of the Contract Excluding the optional up to 5 years extension options is: £173,951,390.15
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Competitive dialogue
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2021/S 000-020544
four.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
Section five. Award of contract
Contract No
con_21050
Title
Teachers’ Pension Scheme Administration
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
28 May 2023
five.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Tata Consultancy Services Limited
18 Grosvenor Place
London
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
BR007627
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £233,866,286.34
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
The Royal Courts of Justice
London
WC2A 2LL
Country
United Kingdom