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Tenders

Pensions Administration Software

Open
Deadline
25 days left
April 30, 2026
Contract Details
Category
Other
Reference
028447-2026
Value
Not disclosed
Location
United Kingdom
Published
March 28, 2026
CPV Code
Project Timeline

Tender Published

March 27, 2026

Deadline for Questions

April 23, 2026

Submission Deadline

April 30, 2026

Contract Start Date

March 31, 2027

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Budget
Not disclosed
Duration
144 months
Location
United Kingdom
Type
Other
75
Quality Score/100
Good

Original Tender Description

We are reviewing our pension administration software solution and wish to engage with the market to explore potential solutions. We want to understand what solutions may exist to meet our existing needs, as well as exploring enhancements that might be available to meet future needs. We ultimately seek a solution which will streamline pension administration for our members and future members, enhance user experience, provide modern digital tools and capabilities, and ensure compliance with legislative and regulatory standards. As of 31 March 2024, we administer the pensions for 432,496 of our members and payout approximately £1.2bn per year in member benefits. Our existing pensions administration contract expires 31 March 2029. All details contained in this notice are our genuine best estimate but are subject to change.

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75
Good

Tender Quality Score

This tender is in the planning stage, seeking market engagement for pensions administration software. It provides a good overview of the organization's needs and scale but lacks specific details on evaluation criteria and financial value.

Score Breakdown

Legal Compliance75/100

The tender is in a planning phase, which inherently limits some aspects of legal compliance checks. The CPV code is appropriate. Deadlines are not yet firm, but the provided submission deadline seems reasonable for a planning notice. No disputes are reported. The procedure type is not specified, which is a minor omission for a planning notice.

Clarity80/100

The description clearly outlines the organization's objective to explore potential pensions administration software solutions, detailing current member numbers and annual payouts. It specifies desired outcomes such as streamlining administration, enhancing user experience, and ensuring compliance. However, the absence of explicit evaluation criteria hinders clarity on how proposals will be assessed.

Missing evaluation criteria
Completeness70/100

Basic information like title, reference, organization, and CPV code is present. The contract duration and start date are specified. However, the estimated value is not disclosed and is classified, and the content of the tender documents is not available, impacting overall completeness.

Estimated value not disclosed
No document content available
Fairness85/100

The tender is in a planning stage, which generally promotes fairness by seeking market input. Requirements are broadly defined, avoiding obvious tailoring to specific companies. The value is classified, which is a concern for transparency. The lack of specified evaluation criteria could lead to perceived unfairness if not addressed in subsequent stages. E-submission is not explicitly mentioned.

Value classified
Missing evaluation criteria
Practicality65/100

The contract duration and start date are provided. Financing information is not disclosed. The absence of explicit mention of e-submission and the lack of accessible document content reduce practicality for potential bidders at this stage.

No e-submission mentioned
No document content available
Data Consistency90/100

Key fields such as title, reference, organization, CPV, and dates are populated. There are no reported disputes or suspensions. The dates provided (submission deadline and contract start) are logically sequenced. The status 'planning' is consistent with the description.

Sustainability50/100

There is no explicit mention of green procurement, social aspects, or innovation within the provided tender information. This suggests a lack of focus on sustainability criteria at this planning stage.

Not green procurement
No social criteria

Strengths

Clear description of organizational needs and scale
Appropriate CPV code provided
Defined contract duration and start date
Market engagement approach

Concerns

Estimated value not disclosed
Missing evaluation criteria
No document content available
Lack of sustainability focus

Recommendations

1. Specify evaluation criteria in subsequent documentation.
2. Disclose the estimated financial value to enhance transparency.
3. Provide access to tender documents with detailed content.

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