Pension Administrator for Royal Mail Pension Scheme

The Cabinet Office
1 Horse Guards Road
Contact point(s): Agent (for the purpose of this procurement only): Crown Commercial Service, 9th Floor, The Capital, Old Hall Street, Liverpool, L3 9PP
SW1A 2HQ London
UNITED KINGDOM
E-mail: gpsopssouth@ccs.gsi.gov.uk

Internet address(es):

General address of the contracting authority: http://www.cabinetoffice.gov.uk

Further information can be obtained from: The above mentioned contact point(s)

Ministry or any other national or federal authority, including their regional or local sub-divisions

General public services

The contracting authority is purchasing on behalf of other contracting authorities: no

Pension Administrator: Royal Mail Statutory Pension Scheme and Royal Mail Pension Plan.

Service category No 27: Other services
UK.

NUTS code UK

The notice involves the establishment of a framework agreement: no

1. On its transfer to the public sector in April 12, the RMSPS pension administration services remained with the Royal Mail’s own Pensions Service Centre to ensure continuity for the scheme and members. To comply with procurement regulations, we now need to procure a new contract through open competition.
2. Although the RMSPS and its successor, the Royal Mail Pension Plan (RMPP) have their own specific requirements for their own members, they are linked through legislation and there is a commitment for both to deliver a ‘seamless service’ to members delivered through the same pension administrator.
3. Members who have benefits or payments from both RMSPS and RMPP deal with one pension administrator who has access to the relevant information to service the members’ needs.
4. In order to maintain the ‘seamless service’ for all members, the RMSPS and RMPP are joining together to procure the services of one pension administrator. To reflect the fact that both are separate legal entities, this will result in the pension administrator having a contract with each to deliver services for RMSPS and RMPP and integrated service where necessary.
5. As the RMSPS is a closed scheme, the services it requires are for its deferred members and pensioners. The RMPP is the pension plan for employees of Royal Mail and the Post Office and as it is only 2 years old, the majority of members are active or deferred.
6. The RMSPS and RMPP already work collaboratively to ensure the ‘seamless service’ to members and the successful pension administrator will be expected to also work in a collaborative manner to ensure the successful delivery.
7. TUPE may apply in this case, potentially involving a transfer of staff. Further information will be available at the Supplier Engagement Day.
8. It is expected that the contract will be awarded for 7 + 3 years.

Lots

This contract is divided into lots: no

66520000, 66523100

The contract is covered by the Government Procurement Agreement (GPA): yes

The Contracting Authority intends to use an eTendering system in this procurement exercise and reserves the right to use a reverse auction.

The contract is related to a project and/or programme financed by European Union funds: no

We plan to hold a Supplier Day on 20.2.2015, to present the Royal Mail Statutory Pension Scheme (RMSPS) and the Royal Mail Pension Plan (RMPP) to potential bidders and to give them an opportunity to ask questions which will assist them in submitting a quality bid.
It will also give the RMSPS and RMPP the opportunity to ask bidders questions which will inform the procurement strategy and requirements.
Bidders can find relevant information on the RMSPS and RMPP and the latest Annual Accounts and Annual Reports for both at:

www.royalmailpensionplan.co.uk

If you wish to express an interest to attend, please email gpsopssouth@ccs.gsi.gov.uk no later than Monday 2.2.2015. In expressing an interest, please provide your full name, that of any additional attendee, and your organisation’s name.

Potential providers will be limited to a maximum of two named individuals being able to attend the event.
It should be noted that it is the expectation that 2 contracts will be awarded from this Procurement Activity. One contract will be awarded by the Cabinet Office for the administration of the Royal Mail Statutory Pension Scheme (RMSPS). The second contract will be awarded by Royal Mail Pensions Trustees Limited for the administration of the Royal Mail Pension Plan (RMPP). The estimated value for both contracts is expected to be GBP 100 000 000.

Relevant governmental Internet sites where information can be obtained

Tax legislation http://www.hmrc.gov.uk/thelibrary/legislation.htm

Environmental protection legislation http://www.legislation.gov.uk/ukpga/1990/43/contents

Employment protection and working conditions http://www.direct.gov.uk/en/Employment/Employees/index.htm

25.11.2014