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AwardedUnited KingdomServices£43,200,000

Trustee Services Panel

Published
Published 30 September 2024
Deadline
Closed 4 November 2024

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. 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).

Key details

Country
United Kingdom
Status
Awarded
Category
Services
Estimated value
£43,200,000
Procedure
Open
SME suitable
Yes
Published
30 September 2024
Deadline
Closed
Classification (CPV)
Pension services

Award outcome

Awarded value
£43,200,000
Award date
14 February 2025
Contract period
31 March 2025 → 31 March 2027
Winners
  • Dalriada Trustees Limited
  • Open Trustees Limited
  • Ross Trustees Services Limited
  • Vidett Trustee Services Limited

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract Award Notice

    19 February 2025

  2. Contract Notice

    30 September 2024

Contracting authority

  • Pension Protection Fund

    Buyer

    Croydon, United Kingdom

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Awarded: Trustee Services Panel — won by Dalriada Trustees Limited +3 — Skim