Award

Consultancy Support for ESM Validation

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

02 Mar 2023 at 09:42

Summary of the contracting process

The Pension Protection Fund has awarded a consultancy contract for the internal validation of its Economic Scenario Model to the Government Actuary's Department. The procurement had a total value of £39,680 and was conducted through a selective procurement method with a call-off from a framework agreement. The contract period spans from 2nd February 2023 to 12th April 2023, with the tender closing on 6th January 2023. The service falls under the 'Financial consultancy services' industry category and is located in London, United Kingdom.

This tender for consultancy support provides opportunities for businesses specializing in financial consultancy services to engage with the Pension Protection Fund. Suitable businesses should be prepared to work within the specified contract period and have the necessary expertise to provide internal validation services for economic scenario models. Companies based in or willing to operate in London, UK, may find this opportunity particularly relevant for their business growth strategies.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Consultancy Support for ESM Validation

Notice Description

Consultancy support for internal validation of the PPF's Economic Scenario Model

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-55d106b2-c235-4421-bfa1-5ae564f8783e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6d73c85d-f678-423f-89a9-a03f096e61de
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£39,680 Under £100K
Lots Value
Not specified
Awards Value
£39,680 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Mar 20232 years ago
Submission Deadline
6 Jan 2023Expired
Future Notice Date
Not specified
Award Date
13 Jan 20233 years ago
Contract Period
2 Feb 2023 - 12 Apr 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

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
Post Town
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
1
Supplier Name

GOVERNMENT ACTUARY'S DEPARTMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-55d106b2-c235-4421-bfa1-5ae564f8783e-2023-03-02T09:42:10Z",
    "date": "2023-03-02T09:42:10Z",
    "ocid": "ocds-b5fd17-55d106b2-c235-4421-bfa1-5ae564f8783e",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_342347/1186045",
        "title": "Consultancy Support for ESM Validation",
        "description": "Consultancy support for internal validation of the PPF's Economic Scenario Model",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 39680,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-01-06T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-02-02T00:00:00Z",
            "endDate": "2023-04-12T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-41401",
            "name": "Pension Protection Fund",
            "identifier": {
                "legalName": "Pension Protection Fund"
            },
            "address": {
                "streetAddress": "Renaissance, 12 Dingwall Road",
                "locality": "Croydon",
                "postalCode": "CR0 2NA",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "CommercialServices@ppf.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-237297",
            "name": "Government Actuary's Department",
            "identifier": {
                "legalName": "Government Actuary's Department"
            },
            "address": {
                "streetAddress": "Finlaison House, 15-17 Furnival Street, London, EC4A 1AB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-41401",
        "name": "Pension Protection Fund"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-55d106b2-c235-4421-bfa1-5ae564f8783e-1",
            "status": "active",
            "date": "2023-01-13T00:00:00Z",
            "datePublished": "2023-03-02T09:42:10Z",
            "value": {
                "amount": 39680,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-237297",
                    "name": "Government Actuary's Department"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-02-02T00:00:00Z",
                "endDate": "2023-04-12T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/6d73c85d-f678-423f-89a9-a03f096e61de",
                    "datePublished": "2023-03-02T09:42:10Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}