Awarded contract

International Payment Services 2026

Details

Value
£1,000,000
Duration
4 years
Topic
International payment transfer services
Published
13 August 2026

Tender description

Service to facilitate the payment of overseas member benefits. Procured via LGPS Pensions Administration Operational Support Services Framework.

Timeline

  1. Completed: Award date30 April 2026
  2. Completed: Award published13 August 2026
    Current notice
  3. Next: Contract expiry date30 April 2030in 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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