Teachers' Pension Scheme Transition Programme Contract - £312k to PwC
Summary
The Department for Education has awarded a contract valued at £312,000 (including VAT) to PricewaterhouseCoopers LLP for transition assurance and consultancy support on the Teachers' Pension Scheme (TPS) Transition Programme. The contract, awarded via direct award procedure under the Procurement Act 2023, runs from 29 April 2026 to 31 October 2026, with a possible 3-month extension at the authority's discretion. The standstill period ends 24 April 2026, with contract signing from 28 April 2026.
What changed
The Department for Education has formally awarded a £260,000 (excl. VAT) contract to PricewaterhouseCoopers LLP for independent transition assurance and contingency planning support for the Teachers' Pension Scheme Transition Programme. The contract covers financial consultancy services (CPV 66171000) and supports the safe transition of pension administration services to a new administrator.\n\nSuppliers and stakeholders in the public pension administration ecosystem should note this contract award. The standstill period runs until 24 April 2026, with contract performance commencing 29 April 2026. Possible extension to 31 January 2027 at the authority's discretion. No compliance obligations are created by this procurement notice.
What to do next
- Monitor for updates
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Award
Teachers’ Pension Scheme (TPS) Transition Programme – Additional Transition Assurance & Consultancy Support
- Department for Education UK6: Contract award notice - Procurement Act 2023 - view information about notice types
Notice identifier: 2026/S 000-034441
Procurement identifier (OCID): ocds-h6vhtk-0682fe (view related notices)
Published 15 April 2026, 8:42pm
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Contents
Scope Contract 1. Teachers’ Pension Scheme (TPS) Transition Programme - Additional Transition Assurance & Consultancy Support Procedure Supplier Contracting authority
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Description
The contract is for the provision of independent transition assurance and contingency planning support for the Department for Education’s Teachers’ Pension Scheme (TPS) Transition Programme. The services will support the safe and effective transition of pension administration services to the new administrator.
Contract 1. Teachers’ Pension Scheme (TPS) Transition Programme - Additional Transition Assurance & Consultancy Support
Supplier
Contract value
- £260,000 excluding VAT
- £312,000 including VAT Above the relevant threshold
Award decision date
15 April 2026
Standstill period
- End: 24 April 2026
- 8 working days
Earliest date the contract will be signed
28 April 2026
Contract dates (estimated)
- 29 April 2026 to 31 October 2026
- Possible extension to 31 January 2027
- 9 months, 2 days Description of possible extension:
3 month extension at the sole discretion of the authority
Main procurement category
Services
CPV classifications
Financial consultancy services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKK - South West (England)
- UKJ - South East (England)
- UKL - Wales
Procedure
Procedure type
Direct award
Supplier
PricewaterhouseCoopers LLP
- Companies House: OC303525 1 Embankment Place
London
WC2N 6RH
United Kingdom
Email: uk_privacy@pwc.com
Region: UKI32 - Westminster
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Teachers' Pension Scheme (TPS) Transition Programme - Additional Transition Assurance & Consultancy Support
Contracting authority
Department for Education
- Public Procurement Organisation Number: PDZG-3487-DPVD Sanctuary Buildings, 20 Great Smith Street
London
SW1P3BT
United Kingdom
Email: PolicyAssurance.COMMERCIALQUERIES@education.gov.uk
Region: UKI32 - Westminster
Organisation type: Public authority - central government
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