Award

Superfunds Actuarial & Investment Expert

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 2 releases in its history.

AwardUpdate

14 Apr 2020 at 13:51

Award Notice
Award

14 Apr 2020 at 13:44

Award Notice
Summary of the contracting process

The Department for Work and Pensions has awarded a contract for Actuarial and Investment modelling services titled "Superfunds Actuarial & Investment Expert". This project falls under the Financial management consultancy services category and has a total value of £57,500. The procurement method utilised was a direct award via a single tender action, and the contract period commenced on 14 April 2020, concluding on 13 July 2020. The delivery address for the services is located in the South East region of the United Kingdom.

This tender presents significant opportunities for businesses specialising in financial management consultancy, particularly small and medium-sized enterprises (SMEs) that can provide tailored actuarial and investment services. Companies with expertise in investment modelling and consultancy are well-suited to leverage this awarded contract for growth and expansion in the public sector. Engaging with the Department for Work and Pensions could also lead to further opportunities in related government projects.

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Notice Information

Notice Title

Superfunds Actuarial & Investment Expert

Notice Description

A contract has been awarded for Actuarial and Investment modelling services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3838228a-65ab-4870-8eb7-fa2ae26a5c97
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f845c462-33a2-43ff-92d8-eb700c89e713
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

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
£57,500 Under £100K
Lots Value
Not specified
Awards Value
£57,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20205 years ago
Submission Deadline
8 Apr 2020Expired
Future Notice Date
Not specified
Award Date
7 Apr 20205 years ago
Contract Period
13 Apr 2020 - 13 Jul 2020 1-6 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
BRIGHGTON
Postcode
BN1 7DD
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
TLJ South East (England)
Local Authority
Brighton and Hove
Electoral Ward
Hollingdean & Fiveways
Westminster Constituency
Brighton Pavilion

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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