Open tender · United Kingdom · Services
Pension Administrative Services
Bank of England in the United Kingdom is inviting bids for “Pension Administrative Services”. Bids close on 8 February 2027, 12:00 GMT; the estimated value is £11.2 million. Who can bid: Suppliers must show financial stability and the capacity to fulfil the contract; Suppliers must meet cyber, privacy and technical ability conditions of participation. askTender lists every requirement to qualify and checks whether your company meets them.
The tender in brief
Pension administration services for the Bank of England, worth £9M-£14M over six years plus a possible five
The Bank of England is appointing a supplier to provide pension administrative services for its non-contributory defined benefit pension scheme for employees. The contract runs for six years, with an option to extend by up to five years, and is estimated at £9M to £14M. It is a services contract covering the United Kingdom.
Who can win it
- Suppliers must show financial stability and the capacity to fulfil the contract
- Suppliers must meet cyber, privacy and technical ability conditions of participation
- Suppliers, associated persons and intended sub-contractors must not be subject to debarment or exclusion grounds
Key facts
- Estimated value
- £11.2 million
- Contract period
- 6 years, with an option to extend for up to 5 further years
- How bids are judged
- Quality 65%, price 30%, social value 5%; top 5 PSQ scorers shortlisted for ITT
- Published
- 06 Oct 2026
Before you bid, askTender
Everything else is in your askTender account
The requirements to qualify, the eligibility check and the bid documents for this tender are in your askTender account.
- What it takes to qualify: every requirement, in the tender’s own words
- Whether your company qualifies: your profile checked against each requirement, showing what you have, what’s missing and how to close the gap
- The documents to file: a checklist, with draft declarations ready to sign
- A bid partner for any requirement you can’t meet alone
- The tender documents, ready to open
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Public data: Contains public sector information licensed under the Open Government Licence v3.0. Source: Find a Tender Service (Cabinet Office). · Sources & licences