RFP QuestBeta
ClosedStage · contract

DEPARTMENT FOR INTERNATIONAL DEVELOPMENT

PROJ10136 Agreement for Services in Respect of Overseas Pension Scheme

Government ServicesCPV 75211200
Value£600k
Deadline15 Sept 2020
Published17 Aug 2020
RegionUK-wide
Timeline
Published 17 Aug 2020ClosedCloses 15 Sept 2020
Contract value in context
£600ktotal contract value
median £400k
this tender£0£22.3m

This sits in the upper-middle of the Government & Public Administration band — a substantial contract for the sector. Based on 5,438 valued Government & Public Administration tenders in our corpus.

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The brief

DFID is seeking a supplier registered with the Financial Conduct Authority (FCA) to manage and disburse pension payments (valued up to £8.2 million) to be disbursed over two years to pensioners covered by overseas services agreements.

There are currently 1,273 monthly and 423 quarterly paid pensioners in receipt of this pension.

There are no new pensioners joining this scheme and the average age is around 87 years.

The pensioner population is declining each year.

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Source & provenance
OCID
56210077-cf76-4b3d-9da3-08c4babd7c8a
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
70dad23b-125a-49d7-8151-b1690012e0e6
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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