Decision details

GMP - A0890 Pension Administration Service

Decision Maker: GM Deputy Mayor, Treasurer GMCA

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

While there are a large number of providers who offer Pension Administration Services, there are far fewer who have both the capability to support an organisation the size of GMP and also have the requisite knowledge and experience required in relation to Police pensions.

In awarding this contract it is necessary to take into account the McCloud ruling. Due to the complexities involved, it has been recommended that Forces stay with their current pension provider until the remedies are complete.

A direct award can be made to XPS Administration Ltd via the Mint Framework for Pensions Administration.

Decision:

The Deputy Mayor approves the direct award of a 2-year contract for Pension Administration Services, to XPS Administration Ltd with the option to extend for a further 5 years. The likely value of 7 years’ spend would be circa £5m

Alternative options considered:

Do nothing – rejected as non-compliant with Procurement Legislation and Chief Constable’s Financial Instructions.
• Undertake a bespoke procurement exercise (OJEU) –rejected as there is a suitable framework available.
• Extend current arrangements – rejected as non-compliant with Procurement Legislation and Chief Constable’s Financial Instructions.

Publication date: 09/09/2022

Date of decision: 01/09/2022