Tender Details

Country: United Kingdom
Summary: W164568 Pensions Benchmarking Service 2025
GBT Ref No: 110853158
Deadline: 06 Jan 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: CF-2723100D0O000000rwimUAA
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Description:
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.

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W164568 Pensions Benchmarking Service 2025 - Greatbritain Tender

The NHS BUSINESS SERVICES AUTHORITY, a Government sector organization in United Kingdom, has announced a new tender for W164568 Pensions Benchmarking Service 2025. This tender is published on GreatbritainTenders under GBT Ref No: 110853158 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-01-06.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.