Source: https://tendernation.io/opportunities/01a13c41-e968-7171-a003-4ed20dd047c4/pension-administration-software

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closedGBopen procedureSuitable for SMEs

# Pension Administration Software

[Oxfordshire County Council](https://tendernation.io/buyers/oxfordshire-county-council)

Pays 100% within 30 daysEstimated value

£5,000,000

Published

18 Jun 2019

Deadline

Closed

19 Jul 2019

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](/opportunities/for-small-businesses)## About this tender

Oxfordshire County Council, require a replacement of their existing Pension Administration Software and Hosting service prior to the expiry of the existing contract in January 2020. Throgh use of this software they currenty adminster the pension records of circa 70000 members of a number of schemes including the Local Government Pension Scheme (LGPS), The Fire Service Pension Schemes (FPS) and the Teachers' Compensatory Added Years (CAY). To meet their obligations as pension administrators Oxford County Council require an efficient and effective pension administration software product that can hold necessary information and make calculations in line with all pension and overriding pension legislation. The pension administration software is used to run a monthly payrol to pay the pensions to around 15,000 pension members amounting to cÂ£6,300,000 each month. The administration software is also used, as above, to hold records; calculate and pay benefits for Fire Pension Scheme members and whilst the numbers are much smaller there is far more complexity here with 5 schemes (sets of regulation) to use in calculating benefit entitlements.

## CPV classification

Pension fund management services

Source

Contracts Finder (UK)

[View official notice ](https://www.contractsfinder.service.gov.uk/notice/97a424fe-c6d7-4180-9d8c-8234c369cdee)

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[Buyer profileOxfordshire County Council: past awards and live tenders](https://tendernation.io/buyers/oxfordshire-county-council)[SectorMore Financial &amp; insurance services tenders](https://tendernation.io/sectors/financial-insurance-services)

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