Award

Actuarial Services

LONDON BOROUGH OF BROMLEY

This public procurement record has 1 release in its history.

Award

22 Apr 2018 at 09:27

Award Notice
Summary of the contracting process

The London Borough of Bromley is seeking actuarial services through an open procurement process. The tender, titled "Actuarial Services," aims to address various actuarial needs such as triennial valuations and annual cash flow projections. This opportunity is classified under the CPV category of actuarial services and is set to commence from 1st April 2018 and conclude on 31st March 2024. Suppliers are required to submit their applications via the London Tenders Portal before the close of the tender period on 20th February 2018.

This tender presents significant opportunities for businesses specialising in actuarial services, particularly small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies with expertise in actuarial valuations, financial forecasting, and consultancy can leverage this contract to expand their clientele and service offerings within the public sector. Engaging in this procurement process can help these businesses increase their market presence and contribute to projects within the South East region of the United Kingdom.

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Notice Information

Notice Title

Actuarial Services

Notice Description

The Actuarial Services required for the London Borough of Bromley include the following: * Triennial actuarial valuations * Annual IAS19 & FRS101/102 accounting calculations/schedules * Annual cash flow projections * General and specialist advice/updates * Bulk transfer calculations, bond reviews, and admission calculations/ reports The tender opportunity will be run electronically through the London Tenders Portal and suppliers will need to register their company with the portal as soon as possible (if they have not already done so) at www.londontenders.org to ensure they are able to access and submit the relevant documents online. All applications must be made through the London Tenders Portal only and not to the Contact Details contained within this notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38298d0f-1955-43d4-ab4a-75ba22c11074
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e1ad8409-e3e1-45ec-9ece-b1bc07efa052
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
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£330,000 £100K-£500K
Lots Value
Not specified
Awards Value
£330,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 20187 years ago
Submission Deadline
20 Feb 2018Expired
Future Notice Date
Not specified
Award Date
20 Feb 20188 years ago
Contract Period
31 Mar 2018 - 31 Mar 2024 Over 5 years
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
LONDON BOROUGH OF BROMLEY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BROMLEY
Postcode
BR1 3UH
Post Town
Bromley
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLJ South East (England)
Local Authority
Bromley
Electoral Ward
Bromley Town
Westminster Constituency
Bromley and Biggin Hill

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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