Award

GB-Swindon: UKRI-4740 Actuarial Services 2024-25

UK RESEARCH & INNOVATION

This public procurement record has 1 release in its history.

Award

13 Feb 2025 at 16:00

Summary of the contracting process

UK Research & Innovation (UKRI) has completed the procurement process for the provision of actuarial services, under the title "GB-Swindon: UKRI-4740 Actuarial Services 2024-25." This project falls within the services industry category, specifically actuarial services (CPV code 66519600), and encompasses a global reach including British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. The procurement process has reached the award stage, with the contract awarded on 7th February 2025 and covering the period from 9th February 2025 to 31st March 2025. The contract value is £45,000 GBP, and the awarded supplier is the Government Actuary's Department, based in London. The main contact for this procurement is MRC Procurement at UKRI.

This tender provides an excellent opportunity for businesses specialising in actuarial services to collaborate with a significant public research organisation, potentially opening doors for future projects and case studies that can enhance their portfolio. While the procurement process was primarily directed at larger firms, it signals potential upcoming opportunities where businesses of various sizes could engage in similar projects. Businesses with expertise in financial risk management and actuarial consulting, particularly those experienced in serving international markets, would have been well-suited to compete for this contract.

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Notice Title

GB-Swindon: UKRI-4740 Actuarial Services 2024-25

Notice Description

Actuarial Services Additional information: Procurement Contract Transparency Data: Redacted contract documents will be made available within the next 30 days on the UKRI website at: https://www.ukri.org/about-us/procurement-contract-transparency-data/

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-31049370-a58f-4488-9f18-9338f34da60f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/af6a11fb-c98f-4a3f-8e2e-af2ec8e168ab
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Feb 20251 years ago
Submission Deadline
7 Feb 2025Expired
Future Notice Date
Not specified
Award Date
7 Feb 20251 years ago
Contract Period
9 Feb 2025 - 31 Mar 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

GOVERNMENT ACTUARY'S DEPT

Open Contracting Data Standard (OCDS)

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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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