Awarded contract

Long Term Risk Model (LTRM) 2

Details

Supplier(s)
RPC Consulting LLP
Value
£1,355,008
Duration
10 years
Topic
IT services: consulting, software development, Internet and support
Published
24 March 2020

Tender description

The contract for the provision of a revamped Long Term Risk Model (LTRM 2) for the Pension Protection Fund (PPF)

Timeline

  1. Completed: Award date25 November 2019
  2. Completed: Award published24 March 2020
    Current notice
  3. Next: Contract expiry date24 November 2029in 3 years

About the buyer

The Pension Protection Fund protects members of defined benefit pension schemes across the UK, and buys as a central organisation. Public sector framework agreements are used where appropriate for goods and services. Contracts follow standard terms made up of an order form and core terms, with addendums covering information security, modern slavery and data protection. Nine specialist panels and frameworks support its assessment work, from legal to audit and actuarial services.

Over the past 5 years, most of the Pension Protection Fund's contract awards have been in IT services, business services and software and information systems.

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Decision makers

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