AWARD OUTCOME
What happened
British Library Board awarded Barnett Waddingham LLP a pension consultancy contract to support establishment of a new defined-contribution pension arrangement.
Published outcomeThe record reports an active award and active contract for award/contract 1. The contract was signed on 2 October 2026 and runs from 5 October 2026 to 30 June 2027.
Market significanceThis is a below-threshold, limited-competition public-sector pensions consultancy engagement with a stated net contract value of £16,700 and gross value of £20,040.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
BARNETT WADDINGHAM LLP
99% confidenceAward 1 · Lots 1 · £16,700 net / £20,040 gross GBP · Verified supplier; active award and contract
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Award 1 names BARNETT WADDINGHAM LLP as supplier. Supplier verification matched company number OC307678 to BARNETT WADDINGHAM LLP. Contract 1, linked to award 1, states these values.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceContract details notice on Find a Tender
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Process display status is awarded; the source document is described as a Contract details notice on Find a Tender.
Award status
99% confidenceActive
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Award 1 status is active.
Contract status
99% confidenceActive
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Contract 1 status is active.
Contract signature
99% confidenceSigned 2 October 2026
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Contract 1 dateSigned is 2026-10-02.
Contract period
99% confidence5 October 2026 to 30 June 2027
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Contract 1 period startDate is 2026-10-05 and endDate is 2027-06-30.
VALUES
Published values explained
Contract value excluding VAT
99% confidence£16,700
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Contract 1 value.amount is 16700 GBP.
Contract value including VAT
99% confidence£20,040
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Contract 1 value.amountGross is 20040 GBP.
Value allocation
94% confidenceContract-level value; one listed supplier and one related lot
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Contract 1 is linked to award 1. Award 1 has one supplier and relates to lot 1.
Optional service prices
98% confidenceProvider selection day: £3,000 excluding VAT; establish a pensions Management Committee: £2,250 excluding VAT
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Contract options description lists these optional services and prices.
TIMELINE
Procurement timeline
Contract signed
99% confidence2 October 2026
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Contract 1 dateSigned is 2026-10-02.
Contract start
99% confidence5 October 2026
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Contract 1 period startDate is 2026-10-05.
Notice published
99% confidence19 October 2026
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The source notice datePublished is 2026-10-19.
Contract end
99% confidence30 June 2027
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Contract 1 period endDate is 2027-06-30.
SCOPE
What was awarded
Requirement
99% confidencePensions consultancy services supporting the establishment of a new defined-contribution pension arrangement
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Process description states this purpose.
Procurement category
99% confidenceServices
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Award 1 mainProcurementCategory is services.
CPV classification
99% confidence66523000 — Pension fund consultancy services
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Award item 1 additional classification gives this CPV code and description.
Lot
98% confidenceLot 1 (no published lot title or description)
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Award 1 and contract 1 relate to lot 1; the supplied lot record has no title or description.
Delivery geography
96% confidenceUnited Kingdom
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Award item 1 delivery address region is UK.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceLimited
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Tender procurementMethod is limited.
Procurement method detail
99% confidenceBelow threshold - limited competition
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Tender procurementMethodDetails states this wording.
Competition information
99% confidenceNumber of bidders and evaluation results unknown
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Information not supplied in the published notice data.
CONTRACT TERMS
Published contract terms
Term
99% confidence5 October 2026 to 30 June 2027
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Contract period dates are explicitly supplied.
Options
99% confidenceYes; optional provider selection day and establishment of a pensions Management Committee
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Contract 1 hasOptions is true and the options description lists both services.
Extension or renewal terms
95% confidenceNot stated
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The supplied contract data identifies options but gives no extension or renewal mechanism.
COMMERCIAL VIEW
Commercial observations
Engagement profile
96% confidenceTargeted pensions advisory engagement for creation of a new DC pension arrangement
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The stated requirement is pensions consultancy supporting establishment of a new DC arrangement.
Commercial flexibility
98% confidenceThe agreement includes separately priced optional services
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The contract explicitly lists two optional services with prices excluding VAT.
Route-to-market signal
99% confidenceBelow-threshold limited competition was used
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Tender procurement method details state Below threshold - limited competition.
DATA QUALITY
Gaps and source limitations
Award and contract evidence
97% confidenceStrong
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The published contract details notice supplies active award and contract statuses, a supplier, signed date, term and contract values.
Supplier identity
99% confidenceVerified
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Supplier verification matched source company number OC307678 to BARNETT WADDINGHAM LLP; no name mismatch is reported.
Lot detail
99% confidenceLimited
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Lot 1 is identified, but its title, description and standalone value are not supplied.
Competition and evaluation detail
99% confidenceInformation not supplied in the published notice
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No bidder count, award date, scoring or evaluation narrative is present in supplied data.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- No award decision date is supplied.
- Lot 1 has no published title, description or individual value.
- Information not supplied in the published notice: bidder count, bid prices, evaluation criteria, scores and rationale for award.
- No extension or renewal mechanism is stated; the published optional services are not necessarily extension terms.
- The notice does not state whether optional services are included in, or additional to, the stated contract value.
MARKET THEMES
Relevant award themes
British Library BoardBarnett Waddingham LLPpension consultancydefined contribution pensionpublic procurementFind a Tender
COMMON QUESTIONS
About this award
Who won the British Library pension review and replacement advice contract?
BARNETT WADDINGHAM LLP, verified against company number OC307678.
What is the contract value?
The stated contract value is £16,700 excluding VAT and £20,040 including VAT.
When does the contract run?
It was signed on 2 October 2026 and runs from 5 October 2026 to 30 June 2027.
What services are being procured?
Pensions consultancy to support British Library Board in establishing a new defined-contribution pension arrangement.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.