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TRHS0016 Provision of Pension Scheme for the Euston Delivery Company
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Descriptions
Subject to approvals, the Department for Transport (DfT) on behalf of the Euston Delivery Company (EDC) 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 required for c.60 people in total, with employees eligible to join the pension scheme joining the company from April 2026 onwards. • The pension scheme is required to be in place from April 2026 onwards. Further details of the start date will be provided in the UK4 tender notice. • Terms are being requested based on an initial 3-year pension scheme length. • Both a Master Trust and Contract based solution will be considered. 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, at which point the EDC shall assume all rights, obligations and liabilities under the Contract from the effective date of novation.
Timeline
Published Date :
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Tender Regions
CPV Codes
66131100 - Pension investment services
66521000 - Individual pension services
66523100 - Pension fund administration services
66522000 - Group pension services
66520000 - Pension services
66523000 - Pension fund consultancy services
66141000 - Pension fund management services
Keywords
pension planning
pension advisory
retirement fund services
group retirement fund
pension fund management
pension administration
pension trustee services
pension scheme services
retirement plan advisory
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pension recordkeeping
pension system operation
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corporate pension plans
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pension fund investing
pension scheme design
pension fund review
employee pension schemes
fund trustee services
personal pension plans
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pension saver services
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pension scheme optimization
retirement savings investment
individual retirement account
collective pension program
pension compliance consultancy
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pension investment planning
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strategic pension planning
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pension contributions administration
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pension disbursement services
organizational pension fund
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pension disbursement processing
retirement planning investments
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defined contribution pension
individual pension management
employer-sponsored pension service
group retirement planning
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pension payment administration
employee pension services
self-directed pension service
multi-employer pension services
retirement benefit management
pension compliance management
trustee advisory services
retirement fund management
pension capital management
defined benefit scheme service
workplace pension administration
retirement fund administration
Tender Lot Details & Award Criteria
1 Tender Lots
Workflows
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