TRHS0016 Provision of Pension Scheme for the Euston Delivery Company
The TRHS0016 opportunity is being conducted via the Jaggaer e‑Sourcing portal. Organisations wishing to participate must register on the portal via the following link: https://dft.app.jaggaer.com/web/login.html Registration can be completed via the homepage. Guidance on the registration process is available through the link titled “Click here for details on how to register” on the homepage. Details of the Jaggaer e‑Sourcing Helpdesk are also provided on the homepage for tenderers requiring further assistance. When registered on Jaggaer, to access the Invitation to Tender (ITT) under tender_8456, please search the following; ITT Code: itt_3071 or Project Title: TRHS0016 Provision of Pension Scheme for the Euston Delivery Company, where this should take you directly to the opportunity. As this is an Open procedure, Tenderers must ensure that all ITT questions are fully responded to. Please also ensure you check the Attachments area for any documents/ information which may assist you with your submission or you may be required to upload as part of your submission.
The submission route named on the official notice.
This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
The Department of Transport (DfT) on behalf of the Euston Delivery Company (EDC) (“Buyer”) is looking to appoint a pension provider for the provision of a pension scheme.
The EDC is a new government-owned organisation so is not part of the civil service and is not covered by the current civil service pension arrangements.
The service required is as follows: • Provision of a qualifying workplace pension scheme for a new government-owned company. • The pension scheme will be established for a maximum expected workforce of 60 EDC employees, who will be eligible to join the EDC pension scheme.
EDC employees will be onboarded incrementally, with the first employees expected to commence employment from September 2026 onwards. • The pension scheme is required to be in place within 3 months from September 2026. • Terms are being requested based on an initial three-year pension scheme length, with an option, at the Buyer’s sole discretion, to extend the Contract for up to an additional two years, exercisable in one-year increments (1+1). • Both a Master Trust and Contract based solution will be considered.
It is anticipated that, once the EDC is fully operational, the average annual salary will be approximately £80,000.00.
Employer contributions are anticipated to range between 10%-12% and employee contributions are anticipated to range from 3%-6% of pensionable salary.
As the organisation is newly established, the average salary is an estimate based on the expected roles required by the EDC and the company’s remuneration strategy which will follow public sector guidelines and professional pay benchmarking.
This figure is therefore provided for indicative purposes only and should not be relied upon as a guaranteed or definitive salary level.
The DfT is procuring the Services under this Contract.
It is anticipated that, following contract award, responsibility for the Contract will be transferred from DfT to the EDC.
The Contract will be novated to the EDC on terms to be agreed with the successful Tenderer (“Supplier”), at which point the EDC shall assume all rights, obligations and liabilities under the Contract from the effective date of novation.
What the supplier must deliver
EDC employees will be onboarded incrementally,
EDC employees will be onboarded incrementally, with the first employees expected to commence employment from September 2026 onwards.
The pension scheme is required to
The pension scheme is required to be in place within 3 months from September 2026.
This figure is therefore provided for indicative
This figure is therefore provided for indicative purposes only and should not be relied upon as a guaranteed or definitive salary level.
The Contract will be novated to
The Contract will be novated to the EDC on terms to be agreed with the successful Tenderer (“Supplier”), at which point the EDC shall assume all rights, obligations and liabilities under the Contract from the effective date of novation.
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- OCID
- ocds-h6vhtk-0649c1
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 042852-2026
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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