Tender

Provision of Police Insurance Fund Actuarial Services and Audit

JOINT PROCUREMENT SERVICE FOR SURREY AND SUSSEX POLICE

This public procurement record has 1 release in its history.

Tender

18 Nov 2016 at 20:17

Summary of the contracting process

The Joint Procurement Service for Surrey and Sussex Police is currently conducting an open tender for the provision of Police Insurance Fund Actuarial Services and Audit. This contract, valued at £230,000, aims to ensure high-quality actuarial services for participants in the South East & Eastern Region Police Insurance Consortium (SEERPIC). The tender period will close on 12 December 2016, and the contract is expected to commence on 1 February 2017 and run until 31 January 2021. This procurement falls within the services category, specifically focusing on insurance consultancy and actuarial services, relevant to both public safety and financial management sectors.

This tender presents a valuable opportunity for businesses specialising in insurance consultancy and actuarial services to expand their reach and contribute to public sector financial strategies. Firms with expertise in evaluating self-insurance arrangements and providing comprehensive analyses would be particularly well-suited to compete. Engaging in this procurement not only allows companies to showcase their capabilities in risk management but also fosters relationships within public sector frameworks, potentially leading to future contracts and collaborations.

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Notice Title

Provision of Police Insurance Fund Actuarial Services and Audit

Notice Description

The Police and Crime Commissioner for Surrey is leading on a contract agreement for the Provision of Actuarial Services and Fund Audit on behalf of the South East & Eastern Region Police Insurance Consortium (SEERPIC). The primary purpose of this contract is to obtain a high quality good value actuarial service for each Contract Participant in order that they can maintain prudent self-insurance arrangements to cover existing and future insurable liabilities. The core requirements will be a periodic and comprehensive actuarial review of the self-funding arrangements for any contract participant, and to provide a bi-annual benchmarking and strategic analysis report.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-75791409-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6b4806d1-81b6-49a5-9e97-fbcb4d51718f
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519310 - Insurance consultancy services

66519600 - Actuarial services

Notice Value(s)

Tender Value
£230,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
12 Dec 2016Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2017 - 31 Jan 2021 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
JOINT PROCUREMENT SERVICE FOR SURREY AND SUSSEX POLICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GUILDFORD
Postcode
GU3 1HG
Post Town
Guildford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
Not specified

Local Authority
Guildford
Electoral Ward
Shalford
Westminster Constituency
Godalming and Ash

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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