Home / Opportunities / Opportunity
PROCUREMENT OPPORTUNITY

Cordoba Agreement Pension Scheme.

Foreign Commonwealth and Development Office · compiled

Tender information last checkedLast checked 29 Sept 2026, 19:35.

Opportunity overview

The FCDO requires a supplier to provide administration and payment of pensions on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners currently entitled to life pensions, for the contract term. This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Contract value
£1m
Awarded
Not supplied
Contract signed
5 Oct 2025
Award ID
070490-2025-ecm_7585-1
Status
active
Location
London, UK, SE1 9SG, United Kingdom

Classification

  • CPV66520000 — Pension services
  • CPV66521000 — Individual pension services

Lots

  • The FCDO require the facility of a banking service to provide services in relation to the administration of this Cordoba scheme, and the disbursement of pension payments to pensioners covered by the ongoing Scheme Agreement.Value not stated

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
Project 11366 ITT 6797
Status
complete
Has Recurrence
No
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Open procedure

Covered By

GPA

Amendments

Entry 1
Id
1
Description
Anticipated desired contract length up to 10 yrs due to the nature of this requirement but subject to further discussion and amendments. We are issuing this PIN for information about a possible upcoming tender opportunity. The FCDO are keen, to understand supply market capability, perspectives and gauge the interest and ability of suppliers to provide this service. If you feel this opportunity could be of interest to your company please reach out to Michelle.Dilkes@fcdo.gov.uk or Marie.Strandberg@fcdo.gov.uk.

Unstructured Changes

Entry 1

Where

Section
II.2.4) Description

New Value

Text
The FCDO Commercial team is seeking feedback from the market and wish to understand Suppliers capability and appetite to deliver an end to end pension assessment and administration to those identified in the description field.

Old Value

Text
Pension fund management and welfare checks in Gibraltar. The FCDO Commercial team is seeking feedback from the market and wish to understand Suppliers capability and appetite to deliver an end to end pension assessment and administration to those identified in the description field.
Entry 2

Where

Section
II.1.1) Title

New Value

Text
Cordoba Agreement and Gibraltar Social Insurance Fund (GSIF) Pension Schemes

Old Value

Text
Cordoba Agreement Pension Scheme

Bid Opening

Date
17 Dec 2024, 18:00

Legal basis

Id
32014L0024
Scheme
CELEX

Techniques

Has Electronic Auction
Yes

Expected award period

Starts
17 Dec 2024, 18:00

Tender Period

Ends
17 Dec 2024, 17:00

Communication

Future Notice Date
25 Nov 2024, 00:00

Contract terms

Has Electronic Payment
Yes
Has Electronic Ordering
Yes
Electronic Invoicing Policy
allowed

Classification

Id
66520000
Scheme
CPV
Description
Pension services

Submission terms

Languages

en

Submission Method

electronicSubmission
written

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
No
Has Renewal
Yes
Description
The FCDO require the facility of a banking service to provide services in relation to the administration of this Cordoba scheme, and the disbursement of pension payments to pensioners covered by the ongoing Scheme Agreement.

Renewal

Description
Initial Term of 4 years plus 3 optional 1 year extensions

Award criteria

Criteria

Criterion 1
Name
Technical/Quality
Type
quality
Description
70
Criterion 2
Name
Price
Type
cost
Description
30

Contract period

Ends
31 Jul 2029, 23:59
Starts
1 Aug 2025, 00:00

Submission terms

Variant Policy
notAllowed

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery Location

Description
Gibraltar

Delivery locations

Entry 1
Region
UKI
Entry 2
Region
UK
Entry 3
Region
UK

Additional Classifications

Entry 1
Id
66521000
Scheme
CPV
Description
Individual pension services

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-131
Name
Foreign Commonwealth and Development Office

Roles

buyer
centralPurchasingBody

Address

Region
UK
Locality
London
Postal Code
SW1A 2AH
Country Name
United Kingdom
Street Address
King Charles Street

Details

Classifications

Entry 1
Id
MINISTRY
Scheme
TED_CA_TYPE
Description
Ministry or any other national or federal authority, including their regional or local subdivisions
Entry 2
Id
01
Scheme
COFOG
Description
General public services

Identifier

Legal Name
Foreign Commonwealth and Development Office

Contact

Name
Technical/Quality
Organisation 2
Id
GB-FTS-8676
Name
Centre for Effective Dispute Resolution (CEDR)

Roles

reviewBody

Address

Locality
London
Country Name
United Kingdom

Identifier

Legal Name
Centre for Effective Dispute Resolution (CEDR)
Organisation 3
Id
GB-FTS-165503
Name
CROWN AGENTS BANK LIMITED

Roles

supplier

Address

Region
UK
Locality
London
Postal Code
SE1 9SG
Country Name
United Kingdom
Street Address
The News Building

Details

Scale
large

Identifier

Legal Name
CROWN AGENTS BANK LIMITED

Award information

Award 1
Id
070490-2025-ecm_7585-1
Title
Cordoba Agreement Pension Scheme
Status
active

Suppliers

Supplier 1
Id
GB-FTS-165503
Name
CROWN AGENTS BANK LIMITED

Related lots

1

Contracts and changes

Entry 1
Id
070490-2025-ecm_7585-1
Title
Cordoba Agreement Pension Scheme
Status
active
Award ID
070490-2025-ecm_7585-1
Date Signed
6 Oct 2025, 00:00

Value

Amount
1,037,610
Currency
GBP

Recorded locations

  • Buyer location · London · UK · SW1A 2AH · United Kingdom
  • Delivery location · UK
  • Delivery location · UKI

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-048990-2025-11-03T14:23:40Zcompiled ·