Award

CP2403-23 Actuarial Services

DEVON COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

19 Mar 2024 at 15:20

Award Notice
Summary of the contracting process

The Devon County Council has awarded a contract for Actuarial Services under a selective procurement method. The contract value is £2,400,000, starting on April 1, 2024, and ending on March 31, 2030. The procurement stage is now complete, and the tender closed on December 4, 2023. Potential suppliers should note that the Council is based in Exeter, England, and the contract falls under the services category.

This contract award presents a significant opportunity for businesses providing Actuarial Services to grow their operations. The Devon County Council's contract offers a substantial revenue stream over a six-year term, attracting suppliers capable of fulfilling long-term service contracts efficiently. Businesses experienced in actuarial practices and able to meet the Council's requirements for this restricted procedure tender are well-suited to compete for this lucrative opportunity.

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Notice Information

Notice Title

CP2403-23 Actuarial Services

Notice Description

Provision of Actuarial Services to Devon & Somerset Councils.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67625963-0d4a-4917-9a6a-a077dad6d5aa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5745fd58-5684-45af-be44-fc1720850c83
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£2,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Mar 20241 years ago
Submission Deadline
4 Dec 2023Expired
Future Notice Date
Not specified
Award Date
19 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2030 Over 5 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
DEVON 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
EXETER
Postcode
EX2 4QD
Post Town
Exeter
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
Not specified
Local Authority
Exeter
Electoral Ward
Newtown and St Leonard's
Westminster Constituency
Exeter

Supplier Information

Number of Suppliers
1
Supplier Name

UK09695687

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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