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Pensions Administration Software

Pension Protection Fund · Local or regional public body

In brief

Pension Protection Fund has announced plans to buy IT and software and financial services work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The notice does not state a value.

The contract runs for 10 years, up to 15 years with extensions, starting 1 April 2029.

The buyer says it is suitable for small and medium-sized businesses.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Usually high: a median of 19 bids per contract for this buyer (from 5 awards in the last 12 months).

What the notice says

We are reviewing our pension administration software solution and wish to engage with the market to explore potential solutions. We want to understand what solutions may exist to meet our existing needs, as well as exploring enhancements that might be available to meet future needs. We ultimately seek a solution which will streamline pension administration for our members and future members, enhance user experience, provide modern digital tools and capabilities, and ensure compliance with legislative and regulatory standards. As of 31 March 2024, we administer the pensions for 432,496 of our members and payout approximately £1.2bn per year in member benefits. Our existing pensions administration contract expires 31 March 2029. All details contained in this notice are our genuine best estimate but are subject to change.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Preliminary market engagement notice · UK2, notice 028447-2026
  2. Preliminary market engagement notice · UK2, notice 060393-2026

About the buyer

Pension Protection FundLast 12 months

Procurements

22

Awards

19

Suppliers it has used most for IT and software

All tenders and awards from Pension Protection Fund

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From notice 028447-2026 on Find a Tender, first published 27 March 2026, last updated 26 June 2026. We last checked for changes on 28 September 2026.