Opportunity

Pension Administration Services: Teachers’ Pension Scheme (TPS)

  • Department for Education

F02: Contract notice

Notice reference: 2021/S 000-020544

Published 20 August 2021, 10:45pm



Section one: Contracting authority

one.1) Name and addresses

Department for Education

Sanctuary Buildings, 20, Great Smith Street

London

SW1P 3BT

Email

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-

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://education.app.jaggaer.com

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

https://education.app.jaggaer.com

Tenders or requests to participate must be submitted to the above-mentioned address

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)

Reference number

project_4354

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 secure the provision of a new administration service to ensure the successful continuation of delivery of the Teachers’ Pension Scheme.

two.1.5) Estimated total value

Value excluding VAT: £185,000,000

two.1.6) Information about lots

This contract is divided into lots: No

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.

The department believe it is vitally important to make the procurement process as attractive and easy for Teacher Pensions Administrators and indeed for other, non-pension Providers, to engage with. Our view is that the procurement should be flexible enough to allow the 'market' to organise itself and bid for those aspects of the service it feels it can deliver optimally via either a Consortia, Prime, etc.

two.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months

120

This contract is subject to renewal

No

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: Yes

Description of options

Option to extend by 60 Months

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 Department reserves the right not to enter into a formal procurement process and not award contract(s). The Authority will not be liable for any tender cost, expenditure, work or effort incurred by a candidate/tenderer in acting on the basis of this Notice.


Section three. Legal, economic, financial and technical information

three.1) Conditions for participation

three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions

All minimum expected standards are outlined in the Statement of Service Requirements which will be available as part of the tender pack.

three.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents

three.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Competitive dialogue

four.1.4) Information about reduction of the number of solutions or tenders during negotiation or dialogue

Recourse to staged procedure to gradually reduce the number of solutions to be discussed or tenders to be negotiated

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.2.2) Time limit for receipt of tenders or requests to participate

Date

12 September 2021

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 12 (from the date stated for receipt of tender)


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: Yes

Estimated timing for further notices to be published: 2035

six.3) Additional information

The procurement will be ran through the department’s E-tendering portal. Providers can access this system at: https://education.app.jaggaer.com for details of how to register and the terms of free registration.

All information included in this notice is indicative and subject to change, the contract value quoted is an estimate based on TPS’s current requirements and expectations only.

six.4) Procedures for review

six.4.1) Review body

High Court

Royal Courts of Justice, The Strand

London

WC2A 2LL

Country

United Kingdom

six.4.3) Review procedure

Precise information on deadline(s) for review procedures

The Authority will incorporate a minimum 10 calendar day standstill period at the point

information on the award of the Contract is communicated to tenderers. Applicants who are unsuccessful

shall be informed by the Authority as soon as possible after the decision has been made as to the reasons

why the Applicant was unsuccessful. If any clarification regarding the award of the Contract has not been

successfully resolved, The Public Contracts Regulations 2015 (SI 2015 No. 102) provide for aggrieved parties

who have been harmed or are at risk of harm by breach of the rules to take legal action.

Any such action must be brought within the applicable limitation period. Where a contract has not been

entered into, the Court may order the setting aside of the award decision or order the Authority to amend

any document and may award damages.

If a contract has been entered into the Court may, depending on the circumstances, award damages, make a

declaration of ineffectiveness, order the Authority to pay a fine, and/or order that the duration of the

contract be shortened. The purpose of the voluntary standstill period referred to above is to allow the parties

to apply to the Courts to set aside the award decision before the Contract is entered into.