Scope
Reference
CSP25324
Description
Great British Energy (GBE) are seeking to secure a pension provider.
As GBE is not part of the civil service, it is not covered by the current civil service pension arrangements and given its unique position, requires a different approach to pension arrangements than would normally be seen in the public sector.
The supplier will need to provide a Defined Contribution Pension Scheme for GBE employees.
This scheme will have a default fund that complies with GBE's Statement of Investment Principles into which all employees will be auto enrolled.
The scheme will offer other funds to give members choice in where their contributions are invested.
The scheme will offer a portal where members can view their investments and make investment decisions. This can be online or via a smartphone app or both.
The scheme will provide members with an annual statement of their investments which will include detail of management charges.
The scheme will notify members of any life styling arrangements before any change of investment from the default fund is completed.
The scheme will provide members with relevant information on an ad-hoc basis especially relating to life styling and retirement options.
The scheme will provide on the employer with data on a bi-annual basis, not limited to: -
• Membership numbers
• Number of members in each fund the scheme offers
• Performance of each fund members are invested in
• Performance of the funds members are invested in against the providers' benchmark fund
• Management charges
The scheme provider will engage with the company on a bi-annual basis to provide the above information to assist the company in governance arrangements.
Total value (estimated)
- £70,000 excluding VAT
- £84,000 including VAT
Below the relevant threshold
Contract dates (estimated)
- 9 February 2026 to 7 February 2031
- 4 years, 11 months, 27 days
Main procurement category
Services
CPV classifications
- 66520000 - Pension services
Contract locations
- UK - United Kingdom
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Enquiry deadline
12 January 2026, 11:00am
Tender submission deadline
19 January 2026, 11:00am
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Techical | Quality | 80% |
| Price | Price | 20% |
Procedure
Procedure type
Below threshold - open competition
Contracting authority
Department for Energy Security & Net Zero
- Public Procurement Organisation Number: PDHQ-2163-WYMH
55 Whitehall
London
SW1A 2HP
United Kingdom
Region: UKI32 - Westminster
Organisation type: Public authority - central government
Other organisation
These organisations are carrying out the procurement, or part of it, on behalf of the contracting authorities.
UK Shared Business Services Ltd
Summary of their role in this procurement: Share Service Provider
- Public Procurement Organisation Number: PMPN-7535-GNTG
Polaris House, North Star Avenue
Swindon
SN2 1FF
United Kingdom
Email: CoreServices@uksbs.co.uk
Region: UKK14 - Swindon