Award

Actuary Service

KENT COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

19 Jan 2024 at 12:25

Summary of the contracting process

The Kent County Council recently awarded a contract for actuarial services, with a total value of £500,000. The procurement process was completed and the contract was awarded to Barnett Waddingham LLP. The contract was procured via the National LGPS Framework - Actuarial, Benefits and Governance Consultancy Services Agreement. The contract period is from February 1, 2024, to January 31, 2030. The procurement stage was an award, and the tender period ended on November 1, 2023. The contract location is in the South East region of the United Kingdom.

This opportunity for actuarial services presents a potential business growth opportunity for companies with expertise in financial and insurance services. Businesses that can provide actuarial, benefits, and governance consultancy services may find this tender well-suited for their capabilities. The buying organisation, Kent County Council, selected Barnett Waddingham LLP as the supplier for this contract. The award was published on January 13, 2024. Businesses looking to expand their presence in the actuarial services sector should consider engaging with Kent County Council for similar future opportunities.

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Notice Title

Actuary Service

Notice Description

The actuarial service is a way of determining, assessing and planning the financial impact of risk levels of uncertain future events. This contract was procured via the National LGPS Framework - Actuarial, Benefits and Governance Consultancy Services Agreement - LOT 1 (Actuary Services)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-584df05c-b195-449b-b347-7e244e3a3a38
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/afdb0c93-11fc-4fe5-b94e-2e34be9758a9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Procured via National LGPS framework - Actuarial, Benefits and Governance Consultancy Services Agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jan 20242 years ago
Submission Deadline
1 Nov 2023Expired
Future Notice Date
Not specified
Award Date
13 Jan 20242 years ago
Contract Period
1 Feb 2024 - 31 Jan 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
KENT COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MAIDSTONE
Postcode
ME14 1XX
Post Town
Rochester
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
Delivery Location
TLJ South East (England)

Local Authority
Maidstone
Electoral Ward
Penenden Heath
Westminster Constituency
Maidstone and Malling

Supplier Information

Number of Suppliers
1
Supplier Name

BARNETT WADDINGHAM

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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