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PROCUREMENT OPPORTUNITY

Trustee Services Panel

Pension Protection Fund · compiled

Tender information last checkedLast checked 29 Sept 2026, 19:52.

Opportunity overview

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.

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.

Dalriada Trustees Limited

Matched by exact name
Contract value
£36m
Awarded
Not supplied
Contract signed
14 Feb 2025
Award ID
005990-2025-1-1
Status
active
Location
Belfast, UKN, BT2 8FE, United Kingdom

Ross Trustees Services Limited

Matched by exact name
Contract value
£36m
Awarded
Not supplied
Contract signed
11 Feb 2025
Award ID
005990-2025-2-2
Status
active
Location
London, UK, EC1N 2LL, United Kingdom

Open Trustees Limited

Match pending…
Contract value
£36m
Awarded
Not supplied
Contract signed
11 Feb 2025
Award ID
005990-2025-3-3
Status
active
Location
Bristol, UK, BS1 6AJ, United Kingdom

Vidett Trustee Services Limited

Match pending…
Contract value
£36m
Awarded
Not supplied
Contract signed
11 Feb 2025
Award ID
005990-2025-4-4
Status
active
Location
Reading, UK, United Kingdom

Classification

  • CPV66520000 — Pension services

Lots

  • 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. The contract will be for an initial term of two years with two optional one-year extensions to take the maximum possible term to four years (2+1+1). The estimate value of call-off contracts awarded via this framework's full potential four-year term is £36,000,000 + VAT (£43,200,000 inc. VAT).£36m

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
ocds-h6vhtk-04a429
Status
complete
Has Recurrence
No
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Open procedure

Covered By

GPA

Bid Opening

Date
4 Nov 2024, 13:00

Legal basis

Id
32014L0024
Scheme
CELEX

Techniques

Has Framework Agreement
Yes

Framework Agreement

Maximum Participants
4

Expected award period

Starts
4 Nov 2024, 13:00

Tender Period

Ends
4 Nov 2024, 13:00

Classification

Id
66520000
Scheme
CPV
Description
Pension services

Submission terms

Languages

en

Bid Validity Period

Duration In Days
180

Submission Method

electronicSubmission
written

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
No
Has Renewal
Yes
Description
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. The contract will be for an initial term of two years with two optional one-year extensions to take the maximum possible term to four years (2+1+1). The estimate value of call-off contracts awarded via this framework's full potential four-year term is £36,000,000 + VAT (£43,200,000 inc. VAT).

Value

Amount
36,000,000
Currency
GBP

Renewal

Description
The Framework Agreements will be awarded for an initial period of two (2) years. The Framework Agreement may be extended on the same terms and conditions at the Board’s option for a further period or periods not exceeding four (4) years in total (2+1+1).

Award criteria

Criteria

Criterion 1
Name
Customer Service Quality
Type
quality
Description
30
Criterion 2
Name
Capacity
Type
quality
Description
20
Criterion 3
Name
Quality Standards
Type
quality
Description
20
Criterion 4
Name
Continuous Improvement
Type
quality
Description
20
Criterion 5
Name
Social Value
Type
quality
Description
10
Criterion 6
Type
price
Description
100

Contract period

Duration In Days
1,440

Submission terms

Variant Policy
notAllowed

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Entry 2
Region
UK

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-12304
Name
The Board of the Pension Protection Fund

Roles

buyer
reviewBody

Address

Region
UK
Locality
Croydon
Postal Code
CR0 2NA
Country Name
United Kingdom
Street Address
Renaissance, 12 Dingwall Road

Details

Classifications

Entry 1
Id
BODY_PUBLIC
Scheme
TED_CA_TYPE
Description
Body governed by public law
Entry 2
Id
04
Scheme
COFOG
Description
Economic affairs

Identifier

Legal Name
The Board of the Pension Protection Fund

Contact

Telephone
+44 8456002541
Organisation 2
Id
GB-FTS-8835
Name
The Board of the Pension Protection Fund

Roles

mediationBody

Address

Locality
Croydon
Country Name
United Kingdom

Identifier

Legal Name
The Board of the Pension Protection Fund

Contact

Organisation 3
Id
GB-FTS-8833
Name
Pension Protection Fund

Roles

buyer

Address

Region
UK
Locality
Croydon
Postal Code
CR0 2NA
Country Name
United Kingdom
Street Address
Renaissance, 12 Dingwall Road

Details

Classifications

Entry 1
Id
BODY_PUBLIC
Scheme
TED_CA_TYPE
Description
Body governed by public law
Entry 2
Id
04
Scheme
COFOG
Description
Economic affairs

Identifier

Legal Name
Pension Protection Fund

Contact

Telephone
+44 8456002541
Organisation 4
Id
GB-FTS-138532
Name
Dalriada Trustees Limited

Roles

supplier

Address

Region
UKN
Locality
Belfast
Postal Code
BT2 8FE
Country Name
United Kingdom
Street Address
Linen Loft, 27-37 Adelaide Street

Details

Scale
sme

Identifier

Legal Name
Dalriada Trustees Limited
Organisation 5
Id
GB-FTS-138533
Name
Ross Trustees Services Limited

Roles

supplier

Address

Region
UK
Locality
London
Postal Code
EC1N 2LL
Country Name
United Kingdom
Street Address
Westgate House, 9 Holborn

Details

Scale
sme

Identifier

Legal Name
Ross Trustees Services Limited
Organisation 6
Id
GB-FTS-138534
Name
Open Trustees Limited

Roles

supplier

Address

Region
UK
Locality
Bristol
Postal Code
BS1 6AJ
Country Name
United Kingdom
Street Address
5th Floor, Halo, Counterslip

Details

Scale
sme

Identifier

Legal Name
Open Trustees Limited
Organisation 7
Id
GB-FTS-138535
Name
Vidett Trustee Services Limited

Roles

supplier

Address

Region
UK
Locality
Reading
Country Name
United Kingdom
Street Address
3rd Floor Forbury Works, 37-43 Blagrave Stree

Details

Scale
sme

Identifier

Legal Name
Vidett Trustee Services Limited
Organisation 8
Id
GB-FTS-138536
Name
The Pension Protection Fund

Roles

reviewBody

Address

Locality
Croydon
Postal Code
CR0 2NA
Country Name
United Kingdom
Street Address
Renaissance, 12 Dingwall Road

Identifier

Legal Name
The Pension Protection Fund

Award information

Award 1
Id
005990-2025-1-1
Title
Trustee Services Panel
Status
active

Suppliers

Supplier 1
Id
GB-FTS-138532
Name
Dalriada Trustees Limited

Related lots

1
Award 2
Id
005990-2025-2-2
Title
Trustee Services Panel
Status
active

Suppliers

Supplier 1
Id
GB-FTS-138533
Name
Ross Trustees Services Limited

Related lots

1
Award 3
Id
005990-2025-3-3
Title
Trustee Services Panel
Status
active

Suppliers

Supplier 1
Id
GB-FTS-138534
Name
Open Trustees Limited

Related lots

1
Award 4
Id
005990-2025-4-4
Title
Trustee Services Panel
Status
active

Suppliers

Supplier 1
Id
GB-FTS-138535
Name
Vidett Trustee Services Limited

Related lots

1

Contracts and changes

Entry 1
Id
005990-2025-1-1
Title
Trustee Services Panel
Status
active
Award ID
005990-2025-1-1
Date Signed
14 Feb 2025, 00:00

Value

Amount
36,000,000
Currency
GBP
Entry 2
Id
005990-2025-2-2
Title
Trustee Services Panel
Status
active
Award ID
005990-2025-2-2
Date Signed
11 Feb 2025, 00:00

Value

Amount
36,000,000
Currency
GBP
Entry 3
Id
005990-2025-3-3
Title
Trustee Services Panel
Status
active
Award ID
005990-2025-3-3
Date Signed
11 Feb 2025, 00:00

Value

Amount
36,000,000
Currency
GBP
Entry 4
Id
005990-2025-4-4
Title
Trustee Services Panel
Status
active
Award ID
005990-2025-4-4
Date Signed
11 Feb 2025, 00:00

Value

Amount
36,000,000
Currency
GBP

Recorded locations

  • Buyer location · Croydon · UK · CR0 2NA · United Kingdom
  • Delivery location · UK

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-04a429-2025-02-19T16:57:04Zcompiled ·