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GB-London: Actuarial services - FPS 2015 remedy

BIP SOLUTIONS LIMITED

This public procurement record has 1 release in its history.

Tender

16 Dec 2021 at 13:19

Tender Notice
Summary of the contracting process

The procurement process initiated by BIP Solutions Limited involves the tender titled "GB-London: Actuarial services - FPS 2015 remedy." This contract relates to the provision of actuarial services, specifically aimed at producing illustrative member scenarios to aid Firefighters' Pension Scheme members in understanding the implications of the McCloud/Sargeant remedy on their benefits. The procurement is currently in the active tender stage, with the tender period set to conclude on 4th January 2022. The contract period is scheduled to run from 10th January 2022 to 4th February 2022, with a total contract value estimated at £50,000, which falls within a minimum value of £25,000. The procurement method is an open procedure below the threshold.

This tender presents a significant opportunity for businesses specialising in actuarial services, particularly those with expertise in pension schemes and legal compliance. Companies that can demonstrate experience in creating member scenario analyses that align with regulatory changes would be well-suited to compete for this contract. Additionally, businesses that focus on providing consulting services in financial assessments and risk management may find this tender aligns with their service offerings, potentially leading to growth in the public sector market.

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Notice Information

Notice Title

GB-London: Actuarial services - FPS 2015 remedy

Notice Description

The Firefighters' Pensions' (England) Scheme Advisory Board (SAB) would like to commission a range of illustrative member scenarios, to help provide scheme members with a better understanding of the implications of the McCloud/Sargeant remedy on their benefits.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-100f9c3e-7a91-4ac0-a03d-e11984e8a4bf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/00afcbc4-7404-466f-a679-666ae457c343
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Dec 20214 years ago
Submission Deadline
4 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
10 Jan 2022 - 4 Feb 2022 30 days
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BIP SOLUTIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 3HZ
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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