RFP QuestBeta
ClosedStage · preprocurement

NHS Business Services Authority

W164568 Pensions Benchmarking Service 2025

Financial ServicesCPV 66522000 66141000 66521000 75320000 66500000 66520000 75110000 75112000
ValueValue not published
Deadline6 Jan 2025
Published27 Nov 2024
RegionUK-wide
Timeline
Published 27 Nov 2024ClosedCloses 6 Jan 2025
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The brief

The NHS Pensions Service is a department under the NHSBSA.

Its role is to centrally administer the NHS Pension Scheme on behalf of the Department of Health.

The NHS Pension Scheme currently has over 1.6 million actively contributing members, 700,000+ deferred members, and pays pension benefits to 960,000+ recipients every month.

The service collects monthly contributions and pays out pension benefits totaling £12.1 billion per year.

The NHSBSA works with 10,000 different scheme employers who are responsible for local administration of the Scheme across England and Wales.

The NHS Pension Scheme has been a cornerstone of the NHS' reward package since its creation in 1948.

In terms of membership, it is the largest centrally administered public service pension scheme in Europe.

For more information regarding the NHS Pensions department and the NHS Pension Scheme, please visit the following website: https://www.nhsbsa.nhs.uk/nhs-pensions.

The NHSBSA currently has a contract in place with CEM Benchmarking Inc. to provide a pension administration benchmarking service for a period of 12 months.

This service will run from the 01 June 2024 to 31 May 2025.

This service is used to benchmark the NHS pension scheme against other large public sector body pension schemes.

This is to ensure value for money is being achieved by providing an understanding of the NHSBSA's operating costs and to improve its comparator score against other large public sector bodies.

The NHSBSA is looking to run an RFI to understand what services are available within the market as well as what routes to market are available for the service (e.g. frameworks).

This is prepare the NHSBSA for an upcoming procurement in early to mid-2025.

About NHSBSA: The NHSBSA is a national organisation providing a broad range of business services that support the wider NHS.

Further information on our extensive service portfolio can be found at: https://www.nhsbsa.nhs.uk/about-us.

Further information related to the early market engagement activities and how to participate can be found in the Additional Information section of the Find a Tender Service Notice, which can be found here: https://www.find-tender.service.gov.uk/Notice/038267-2024

Key requirements

What the supplier must deliver

01

The NHSBSA works with 10,000 different scheme

The NHSBSA works with 10,000 different scheme employers who are responsible for local administration of the Scheme across England and Wales.

02

The NHSBSA currently has a contract in

The NHSBSA currently has a contract in place with CEM Benchmarking Inc. to provide a pension administration benchmarking service for a period of 12 months.

03

This is to ensure value for money

This is to ensure value for money is being achieved by providing an understanding of the NHSBSA's operating costs and to improve its comparator score against other large public sector bodies.

04

About NHSBSA: The NHSBSA is a national

About NHSBSA: The NHSBSA is a national organisation providing a broad range of business services that support the wider NHS.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
7c70e00e-01fd-4d60-9eca-5e0ff5771fe9
Stage
preprocurement · Closed
Source
Contracts Finder
Buyer ref
CF-2723100D0O000000rwimUAA
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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