Award

Pension Actuarial and Investment Advice

FINANCIAL OMBUDSMAN SERVICE LIMITED

This public procurement record has 1 release in its history.

Award

19 Jun 2024 at 14:49

Award Notice
Summary of the contracting process

The Financial Ombudsman Service Limited has awarded a contract for Pension Actuarial and Investment Advice. The procurement stage was a limited competitive quotation process. The contract value is £160,000, with a contract period starting on 20th March 2024 and ending on 19th March 2027. The buying organisation is located in London, England. The industry category is actuarial services, and the tender period ended on 11th January 2024.

This tender offers opportunities for businesses providing actuarial services to collaborate with the Financial Ombudsman Service Limited. Small and medium-sized enterprises (SMEs) are well-suited to compete for this contract. Businesses capable of offering high-quality pension actuarial advice should consider engaging in this procurement process to support their growth objectives.

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Notice Information

Notice Title

Pension Actuarial and Investment Advice

Notice Description

Provision of Pension Actuarial Advice Additional information: Option to extend until 2030

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-52935100-cbec-40ff-ac87-d1c9cdaa0574
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/18be651b-5b34-444d-941f-25acc519bba5
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£160,000 £100K-£500K
Lots Value
Not specified
Awards Value
£160,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20241 years ago
Submission Deadline
11 Jan 2024Expired
Future Notice Date
Not specified
Award Date
20 Mar 20241 years ago
Contract Period
20 Mar 2024 - 19 Mar 2027 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
FINANCIAL OMBUDSMAN SERVICE LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 9SR
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

AON SOLUTIONS

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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