What the buyer wrote
As part of its overall reward package for Bank employees, the Bank offers a non-contributary defined benefit pension as a core benefit. The Bank is looking to appoint a supplier who has the capability and capacity to provide Pension Administrative Services. The exact supply detail is set out in the Statement of Requirements. The Term is 6 + 5 years. The value is estimated at £9M - £14M.
Details
- What the buyer calls it
- Pension Administrative Services
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- services
- Kind of work
- Accountancy, audit and financial advice
Asking a question
The buyer published a contact address on this notice. Questions close 15 Jan 2027, 12:00 GMT.
Fm.contracts@bankofengland.co.uk
Above threshold you will be asked for a PPON and a share code when you bid. Getting one takes about half an hour, once.