PUBLISHED COMMERCIAL FIELDSValues stay separate.
A tender estimate and an award value answer different questions. Neither is treated as cash paid.
- Award value
- £43,200,000
award field- Tender value
- £43,200,000
tender field- Procurement method
- Open procedure (above threshold)
- Category
- services
- CPV
- 66520000
Pension services- Delivery
- London, United Kingdom
No postcode
PUBLISHED DESCRIPTION
What the notice says
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).
Tender statuscomplete