Award

Modelling Development: Pensions Stress Test 2017

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

22 Mar 2017 at 10:08

Award Notice
Summary of the contracting process

The procurement process involves the Department for Work and Pensions, which has completed a tender titled "Modelling Development: Pensions Stress Test 2017". This project falls under the industry category of development consultancy services and took place in Brighton, England. The direct award method resulted in a contract valued at £41,520, with the contract period spanning from 17th March 2017 to 16th December 2017. The tender period concluded on 1st March 2017, indicating that the procurement is in the award stage.

This tender presents significant opportunities for businesses involved in consultancy services, particularly those specialised in financial modelling and stress testing within the pensions sector. Companies that have expertise in developing analytical tools or providing advisory services related to pensions would be particularly well-suited to engage in similar future contracts. The completed nature of this contract suggests potential for ongoing relationships and additional projects within the same domain.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Modelling Development: Pensions Stress Test 2017

Notice Description

Development of pre-existing modelling capability for The Pensions Regulator.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3594adf7-4883-496d-bc8d-d382b692378c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94fb2246-1cf0-4ffe-b3f0-0ebb4eec7196
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73220000 - Development consultancy services

Notice Value(s)

Tender Value
£41,520 Under £100K
Lots Value
Not specified
Awards Value
£41,520 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Mar 20178 years ago
Submission Deadline
1 Mar 2017Expired
Future Notice Date
Not specified
Award Date
1 Mar 20178 years ago
Contract Period
17 Mar 2017 - 16 Dec 2017 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIGHTON
Postcode
BN1 4DW
Post Town
Brighton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ21 Brighton and Hove
Delivery Location
Not specified
Local Authority
Brighton and Hove
Electoral Ward
West Hill & North Laine
Westminster Constituency
Brighton Pavilion

Supplier Information

Number of Suppliers
1
Supplier Name

AON HEWITT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-3594adf7-4883-496d-bc8d-d382b692378c-2017-03-22T10:08:20Z",
    "date": "2017-03-22T10:08:20Z",
    "ocid": "ocds-b5fd17-3594adf7-4883-496d-bc8d-d382b692378c",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "REGPOL16/001I",
        "title": "Modelling Development: Pensions Stress Test 2017",
        "description": "Development of pre-existing modelling capability for The Pensions Regulator.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "73220000",
            "description": "Development consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "bn1 4dw"
                    }
                ]
            }
        ],
        "value": {
            "amount": 41520,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Direct award",
        "tenderPeriod": {
            "endDate": "2017-03-01T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2017-03-17T00:00:00Z",
            "endDate": "2017-12-16T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/ahmV766A",
            "name": "DEPARTMENT FOR WORK AND PENSIONS",
            "identifier": {
                "legalName": "DEPARTMENT FOR WORK AND PENSIONS",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/ahmV766A"
            },
            "address": {
                "streetAddress": "Napier House",
                "locality": "Brighton",
                "postalCode": "BN1 4DW",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "aprocurement@tpr.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-51053",
            "name": "Aon Hewitt Limited",
            "identifier": {
                "legalName": "Aon Hewitt Limited"
            },
            "address": {
                "streetAddress": "8 Devonshire Square London EC2M 4PL"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/ahmV766A",
        "name": "DEPARTMENT FOR WORK AND PENSIONS"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-3594adf7-4883-496d-bc8d-d382b692378c-1",
            "status": "active",
            "date": "2017-03-01T00:00:00Z",
            "datePublished": "2017-03-22T10:08:20Z",
            "value": {
                "amount": 41520,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-51053",
                    "name": "Aon Hewitt Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2017-03-17T00:00:00Z",
                "endDate": "2017-12-16T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/94fb2246-1cf0-4ffe-b3f0-0ebb4eec7196",
                    "datePublished": "2017-03-22T10:08:20Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}