Award

Evaluation of Staff Inherited Liabilities

HIGHER EDUCATION FUNDING COUNCIL FOR ENGLAND

This public procurement record has 1 release in its history.

Award

30 Dec 2017 at 16:00

Award Notice
Summary of the contracting process

The Higher Education Funding Council for England conducted a limited procurement process for the tender titled "Evaluation of Staff Inherited Liabilities". This procurement falls under the industry category of research and development services and related consultancy services. The tender period ended on 14 November 2017, while the contract period commenced on 5 December 2017 and is expected to conclude on 31 January 2018. The total value of the contract awarded is £15,000. The project is located in the South West of England.

This tender presents a significant opportunity for consultancy firms, particularly those with expertise in actuarial valuations and pension assessments. Businesses that excel in research and development services or possess strong analytical capabilities would be well-positioned to compete in similar tenders. Engaging in such contracts can not only enhance a company's portfolio but also establish long-term relationships with public sector organisations.

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Notice Information

Notice Title

Evaluation of Staff Inherited Liabilities

Notice Description

Supply of an actuarial valuation of the Staff Related Inherited Liabilities (i.e. unfunded pensions) for inclusion in the Councils 2017/18 statutory accounts, and to illustrate the sensitivity of the results to changes in the underlying assumptions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38d14e60-c537-48f1-b01f-0d1007ba1494
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/899338d7-df09-4efe-bedc-9f0c4f36b654
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£15,000 Under £100K
Lots Value
Not specified
Awards Value
£15,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Dec 20178 years ago
Submission Deadline
14 Nov 2017Expired
Future Notice Date
Not specified
Award Date
16 Nov 20178 years ago
Contract Period
5 Dec 2017 - 31 Jan 2018 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
HIGHER EDUCATION FUNDING COUNCIL FOR ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOKE GIFFORD
Postcode
B S34
Post Town
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLK South West (England)
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

GOVERNMENT ACTUARY DEPARTMENT

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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