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Consultancy Services - Stochastic Mortality

Pension Protection Fund

This public procurement record has 2 releases in its history.

Award

05 Jan 2023 at 13:45

Award Notice
Award

26 Feb 2020 at 16:16

Award Notice
Summary of the contracting process

The Pension Protection Fund has awarded a contract for consultancy services in stochastic mortality to Barnett Waddingham LLP. The contract value is £45,050 GBP, with a contract period starting on November 23, 2022, and ending on March 31, 2025. The procurement method used was selective, involving a call-off from a framework agreement. The award was made on November 18, 2022, in London, United Kingdom.

This tender presents opportunities for small and medium-sized enterprises (SMEs) to compete for consultancy services related to stochastic mortality. Businesses in the actuarial services industry, particularly those with expertise in mortality forecasting, may find this opportunity well-suited for business growth. The procurement stage has already been completed, providing a clear path for interested parties to engage in similar future contracting processes with the Pension Protection Fund.

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Notice Information

Notice Title

Consultancy Services - Stochastic Mortality

Notice Description

Stochastic mortality consultancy support services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4fc9d33b-4295-4aa2-a724-32b1dd53e37a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/587a2a7d-21fa-4c0b-ae87-556f51684fe4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£45,050 Under £100K
Lots Value
Not specified
Awards Value
£5,045,050 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jan 20233 years ago
Submission Deadline
4 Nov 2022Expired
Future Notice Date
Not specified
Award Date
15 Jan 20206 years ago
Contract Period
23 Nov 2022 - 31 Mar 2025 2-3 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
Pension Protection Fund
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
9
Supplier Names

Broadstone Corporate Benefits Limited

Government Actuary's Department

Hymans Robertson LLP

Barnett Waddingham LLP

ISIO INVESTMENT SOLUTIONS LIMITED

Mercer Limited

XPS Pensions Consulting Limited

Broadstone Pensions Limited

Spence & Partners Limited

Further Information

Notice Documents

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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