Tender

IFRS 17 Solution

FLOOD RE

This public procurement record has 1 release in its history.

Tender

22 Nov 2021 at 17:45

Summary of the contracting process

The procurement process is initiated by Flood Re, a UK-based organisation located in London, seeking to procure an IFRS 17 Solution. This tender falls under the financial management consultancy services category and is currently in the active tender stage, with submissions open until 5 January 2022. The contract period is set to begin on 8 March 2022 and conclude on 5 March 2027. The procurement method is an open procedure, allowing interested parties to participate freely.

This tender presents significant opportunities for businesses specialising in financial consultancy, actuarial services, and software development related to financial management solutions. Companies that can demonstrate expertise in IFRS 17 compliance and have experience in developing tailored financial software products would be particularly well-suited to compete. Engaging with this tender could facilitate growth and expansion into a key regulatory area of the finance industry.

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Notice Title

IFRS 17 Solution

Notice Description

Provision of a solution to meet the IFRS 17 requirements (from both an Actuarial and Finance perspectives): IFRS 17 parametrization, fulfilment cashflows, loss & loss recovery component calculations, discount rates, financial accounting ledger postings, production of financial statements and disclosures.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2ae84d6a-707f-48cf-9e3b-959b74d3336a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cdb8bff7-b63a-4c5c-b421-3fc3b2d42b55
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
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Nov 20214 years ago
Submission Deadline
5 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Mar 2022 - 5 Mar 2027 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FLOOD RE
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
EC4N 7BE
Post Town
Central 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
TLI London

Local Authority
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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