Award

Actuaries and Associated Services

BRITISH TRANSPORT POLICE

This public procurement record has 1 release in its history.

Award

10 May 2023 at 09:24

Summary of the contracting process

The British Transport Police has awarded a contract for actuarial advisory and associated services to XPS Pensions Group. The procurement process was completed under a selective method with a total value of £938,000. The contract period runs from October 3, 2022, to October 2, 2027. The procurement stage was the tender phase, with the tender period ending on June 17, 2022, and the contract was awarded on July 22, 2022. The buying organization is located in London, England, with the procurement falling under the services category.

This tender presents an opportunity for businesses offering actuarial and associated services to compete for contracts with the British Transport Police. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly suited for this tender. Businesses interested in providing pension-related services to a public sector organisation in the UK should consider engaging with the British Transport Police for potential future opportunities.

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Notice Title

Actuaries and Associated Services

Notice Description

This Procurement is for the immediate needs of the British Transport Police Authority (BTPA) for actuarial advisory and associated services in respect of its pension schemes and general pension matters.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-75800b41-2241-439c-b5ba-3c83faafccd2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/058702db-1c7f-46a6-b9a1-50bd649d1966
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 (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£938,000 £500K-£1M
Lots Value
Not specified
Awards Value
£938,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20232 years ago
Submission Deadline
17 Jun 2022Expired
Future Notice Date
Not specified
Award Date
21 Jul 20223 years ago
Contract Period
2 Oct 2022 - 2 Oct 2027 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
BRITISH TRANSPORT POLICE
Contact Name
Ayo Ogunmoyero
Contact Email
ayo.ogunmoyero@btp.police.uk
Contact Phone
07917580997

Buyer Location

Locality
LONDON
Postcode
NW1 9LN
Post Town
North West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
Camden Town
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

XPS PENSIONS GROUP

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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