RM6326

Concepts

• government employee pension schemes
• rm6326
• pension services
• administration services
• pension payroll services
• pension administration
• pension benefits
• annual pension increase communications
• member communications
• annual benefits statements

Location

London

Description

This Award Notice relates solely to Lot 2: Procurement for the provision of pension administration for the Royal Mail Statutory Pension Scheme (RMSPS). The RMSPS is managed by the Authority. The current contract expires on 30 September 2024. The RMSPS is the 6th largest public sector pension scheme in the United Kingdom, with approximately 365,000 members

Total Quantity or Scope

The provision of administration services for the RMSPS. The pension administration services include the following: finance, accounting and taxation services; administration services; interactions with members including portal provision/self-service; maintenance of accurate and clean member and scheme data; member communications (including managing and operating a helpline and website, issuing annual benefits statements, lifetime allowance statements, annual pension increase communications, scheme newsletters and leaflets); pension payroll services (bulk and individual payroll services) and pensioner existence checking; accurate and timely calculation of pension benefits; reporting, including management information and provision of data, information and scheme returns to regulators and other bodies as needed; working with the Royal Mail Pension Plan (RMPP) pension administration providers and set up processes for the timely sharing of data, information and calculations as required to enable the processing of benefits for members including AVC benefits; interaction with RMPP’s pension administration providers and Royal Mail Group and Post Office Limited as employers of RMSPS beneficiaries as appropriate to align as far as possible timeliness and content of communications to members; and liaison with any scheme medical advisor that may be appointed by the Authority.

Award Detail

Renewal Options

Price was not the only award criterion and all criteria was stated only in the procurement documents

Award Criteria

CPV Codes

• 75320000 - Government employee pension schemes
• 66520000 - Pension services
• 75100000 - Administration services

Indicators

• Options are available.
• Award on basis of price.

Other Information

The total value provided is based on a total contract period of 114 months including transition and potential extension options As part of this contract award notice the redacted Commercial Agreement can be found within contracts finder. The contracts Finder link can be found here https://www.contractsfinder.service.gov.uk/Notice/c2e83344-f0f7-4554-a178-af25d3... On 02/04/2014, the Government introduced its Government Security Classifications (GSC) scheme which replaced the Government Protective Marking Scheme (GPMS). A key aspect is the reduction in the number of security classifications used. All bidders were required to make themselves aware of the changes as it may impact this requirement. This link provides information on the GSC at: https://www.gov.uk/government/publications/government-security-classifications Cyber Essentials is a mandatory requirement for Central Government contracts which involve handling personal information or provide certain ICT products/services. Government is taking steps to reduce the levels of cyber security risk in its supply chain through the Cyber Essentials scheme. The scheme defines a set of controls which, when implemented, will provide organisations with basic protection from the most prevalent forms of threat coming from the internet. To participate in this procurement, bidders were required to demonstrate they comply with the technical requirements prescribed by Cyber Essentials, for services under and in connection with this procurement.