GSV1701-Provision of Third party Administration Services to the Parliamentary Contributory Pension Fund (PCPF)

The Parliamentary Contributory Pension Fund which is governed by a board of Trustees outsources the administration of the scheme to a third party. The present supplier's contract will come to an end and the Trustees are therefore issuing an invitation to tender for the provision of this service. The supplier will work closely with the Secretariat who support the trustees and are based in the Corporate Services team in the House of Commons. The PCPF is however a separate legal entity from the house of Commons. The contract is for a period of 5 years with an option to extend for another 5 under the same terms. The estimated value of the contract is …

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