Award

BTA1813 - Independent Pension Advice & IAS 19 Valuation & Disclosure

BRITISH TOURIST AUTHORITY T/A VISITBRITAIN/VISITENGLAND

This public procurement record has 1 release in its history.

Award

23 Jan 2023 at 11:31

Summary of the contracting process

The British Tourist Authority t/a VisitBritain/VisitEngland has awarded a contract for "BTA1813 - Independent Pension Advice & IAS 19 Valuation & Disclosure" to Pricewaterhouse Coopers LLP. The contract, valued at £357,000 GBP, covers group pension services and actuarial services in London, United Kingdom. The procurement stage was completed, with the tender period ending on November 9, 2022, and the contract period running from January 5, 2023, to January 5, 2026.

This procurement process by the British Tourist Authority presents opportunities for businesses specializing in pension services and actuarial services to collaborate with a significant organisation. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organizations (VCSEs) are considered suitable for potential participation. Businesses interested in providing independent pension advice and accounting disclosures should consider engaging with VisitBritain to explore business growth possibilities.

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Notice Title

BTA1813 - Independent Pension Advice & IAS 19 Valuation & Disclosure

Notice Description

The scope of this procurement relates to the BTA (VisitBritain) section of the scheme only and covers independent pension advice to assist BTA in managing its obligations as an employer, having a collaborative relationship with the Trustees of the scheme, ensuring the scheme has an appropriate investment strategy in order to minimise the risk of deficit contributions and the calculations for the employer IAS19 accounting disclosures.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-304ccd67-6ff7-4a22-be50-9eb38e0b16d7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/376748d2-2037-4c10-a46b-f17402a139ee
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

66522000 - Group pension services

Notice Value(s)

Tender Value
£357,000 £100K-£500K
Lots Value
Not specified
Awards Value
£357,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jan 20233 years ago
Submission Deadline
9 Nov 2022Expired
Future Notice Date
Not specified
Award Date
23 Jan 20233 years ago
Contract Period
5 Jan 2023 - 5 Jan 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BRITISH TOURIST AUTHORITY T/A VISITBRITAIN/VISITENGLAND
Contact Name
Procurement Team
Contact Email
procurement@visitbritain.org
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1W 0BD
Post Town
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSE COOPERS

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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