Awarded contract

Cordoba Agreement Pension Scheme.

Details

Buyer: Foreign, Commonwealth and Development Office
Supplier(s): Crown Agents Bank LTd
Value: £1,037,610
Topic: Pension services
Published: 3 November 2025
Source: uk:find_a_tender

Tender description

The FCDO requires a supplier to provide administration and payment of pensions on behalf of the Overseas Pensions Department (OPD) to approximately 900 overseas pensioners currently entitled to life pensions, for the contract term. This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information. Lot 1: The FCDO require the facility of a banking service to provide services in relation to the administration of this Cordoba scheme, and the disbursement of pension payments to pensioners covered by the ongoing Scheme Agreement.

Timeline

Completed: Award date6 October 2025
Completed: Award published3 November 2025
Current notice

About the buyer

The Foreign, Commonwealth and Development Office is a ministerial department that buys through its own Commercial Directorate. Every procurement runs on Jaggaer, the department's eSourcing portal, where suppliers register to bid. Opportunities and awards are published on Contracts Finder, and bids above threshold need Central Digital Platform registration. A commercial pipeline is updated every quarter. Four category teams cover programme delivery, estates and security, digital and technology, and corporate services. The department runs its own frameworks, such as the Global Development Delivery Framework, and dynamic purchasing systems for construction and global facilities management.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of the Foreign, Commonwealth and Development Office's contract awards have been in business services, transport equipment and construction work.

Relevant CPV codes

66520000 · Pension services

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@foreign-commonwealth-and-development-office.gov
Commercial Director	+44 •••• ••••••	••••••••@foreign-commonwealth-and-development-office.gov
Procurement Manager	+44 •••• ••••••	••••••••@foreign-commonwealth-and-development-office.gov
Category Lead	+44 •••• ••••••	••••••••@foreign-commonwealth-and-development-office.gov
Senior Buyer	+44 •••• ••••••	••••••••@foreign-commonwealth-and-development-office.gov
Contracts Manager	+44 •••• ••••••	••••••••@foreign-commonwealth-and-development-office.gov