The Board of the Pension Protection Fund (the Board) has procured a Framework Agreement consisting of specialist firms to provide administration, actuarial, support and consultancy services.
Firms have been appointed to either Lot 1 or Lot 2, or both Lots, distinguished by the type of work required under the Framework Agreement.
• Lot 1 – Administration, Actuarial, Support & Pensions Consultancy Services
• Lot 2 – Actuarial Consultancy Services
Lot 1 is primarily for services to the Board where both administration and actuarial services and/or pensions consultancy may be required at the same time.
Lot 2 is aimed at firms with specialist actuarial capabilities who have experience in either the pensions or insurance industries (where long-term risk modelling is also considered).
The Framework Agreements have an initial term of two years, with the option of two one-year extensions, commencing 2 December 2023.
The National Employment Savings Trust (NEST) may also choose to contract for services via a call-off from this Framework.
The final value of the framework across the maximum term (four years) may fall within a wide range as it has been set up to be available for future call-offs for in scope requirements that we may not currently be aware of.
The Board of the Pension Protection FundLondonWAC-146875
The Board of the Pension Protection Fund (PPF) is awarding a contract, tendered in accordance with the Public Contracts Regulations 2015 under the Competitive Procedure with Negotiation, to deliver the following systems which have been split into two lots:
Lot 1
• Order management system;
• Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI).
Lot 2
• Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets)
This Framework sets up access to providers we can partner with for training and development initiatives at the PPF. We want to strengthen the current programme of development activity to increase capability across all areas.
The Board of the Pension Protection FundLondonWAC-30034
The PPF outsources a significant portion of its investment management requirements to external third party investment managers. This solution will digitise, streamline and enhance our current annual manager monitoring process by implementing an ODD technology solution. The objective is centered on time saving and efficiency, so that the team can be focused on the ‘value-add’ activities. The implementation of a due diligence solution is very much seen as an evolution of the ODD programme.
This Framework sets up access to providers we can partner with for coaching initiatives at the PPF. We want to strengthen the current programme of development activity to increase capability across all areas.
Deputy Board & Company Secretary to backfill for maternity leave. Other routes to market were explored but due to the niche nature of this role we used a specialist agency who are a leading company secretarial recruitment practice.
We are seeking proposals from external, third-party suppliers in relation to the establishment of a panel to provide legal services to the Board of the Pension Protection Fund.
Bidders will have the opportunity to bid on any of the four lots:
Lot 1 Services (Legal Advisory Services) - maximum 4 bidders will be appointed to this lot.
Lot 2 Services (Asset Management) - maximum 6 bidders will be appointed to this lot.
Lot 3 Services (Real Estate) - maximum 3 bidders will be appointed to this lot.
Lot 4 Services (Schemes in Assessment) - maximum 3 bidders will be appointed to this lot.
The new panel will be live from Monday 2nd February 2026 and successfully appointed Bidders must be capable of commencing services from this date.
The contract term will be for an initial term of 24-months with two optional extension periods of 12-months each to take the maximum possible term to 48 months (2+1+1).
This notice is linked to a UK2 - Early Market Engagement Notice, with the below reference numbers. There appears to be a validation bug where we're unable to link the UK2 notice with this UK4 - Tender Opportunity notice, which we are raising with BravoSolutions.
Notice number:
2025/S 000-011208
Procedure ID:
ocds-h6vhtk-04f8a3
Notice reference
2025-041381
The Board of the Pension Protection Fund has established a new Framework of specialist firms to provide trustee and pre-insolvency services to pension schemes prior to, and during, the PPF Assessment Period.