# Contract Award for the Pension Consultancy Service for the British Embassy The Hague

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Foreign Commonwealth and Development Office](/buyers/foreign-commonwealth-and-development-office/contract-awards)
- Contract winner: Bell Pension Consultants & Actuaries
- Award value: £72,156
- Tender value: £72,156
- Award date: 14 July 2022
- Published: 4 August 2022
- Contract start: 14 July 2022
- Contract end: 30 June 2025
- Stage: awarded
- Procurement category: services
- Notice ID: b08331e2-5d9a-4c23-b867-d6872aedc546-560663
- OCID: ocds-b5fd17-f52a965c-ab58-4adb-b0fe-31758846015e

## Description

The objective of the procurement is to find a Pension Consultancy Service provider that is expected to deliver value for money and to offer high quality of services\. The main features of services required: - assistance and advice on local staff pension matters; - estimating pension costs for the FY; - presentations in English to all local staff on the changes to pension legislation; - liaising with the pension provider and carrying out monthly checks; - supporting with the pension tender every 3-5 years; - creating excel sheets for local staff incorporating salary, social security, employer and employee pension costs; - a Pension calculator; - a yearly overview of the pension situation in the Netherlands and updates when applicable on changes to pension legislation in English\. Changes affecting local staff should be presented via a presentation to local staff; - calculation of pay uplift scenarios; - other consultations related to the pension actuary services\. The contract duration is three years thereafter with optional extension of another two years \(option to renew annually\)\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/b08331e2-5d9a-4c23-b867-d6872aedc546-560663)