Award

CC00128 Provision of Actuarial Services for Worcestershire Pension Fund - AWARD

WORCESTERSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Apr 2024 at 08:40

Award Notice
Summary of the contracting process

The Worcestershire County Council has awarded a contract for the provision of Actuarial Services for the Worcestershire Pension Fund. The contract falls under the Pension services category and has a total value of £2,000,000. The procurement method used was selective, with a Restricted procedure. The contract period is from 22nd January 2024 to 21st January 2028. The tender period ended on 16th November 2023, and the procurement stage is awarded.

This contract presents an opportunity for businesses specialising in actuarial services to work with the Worcestershire County Council. Businesses involved in pension services and consultancy would find this tender particularly suited to their expertise. The contract location is in the West Midlands, United Kingdom, with the contracting authority being the Worcestershire County Council. Interested businesses should take note of the key dates and requirements outlined in the tender description to participate effectively in the further competition process.

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Notice Information

Notice Title

CC00128 Provision of Actuarial Services for Worcestershire Pension Fund - AWARD

Notice Description

Invitation to Participate in a Further Competition - CC00128 Provision of Actuarial Services to the Worcestershire Pension Fund under Lot 1 of the Actuarial, Benefits and Governance Consultancy Services Framework Agreement (NCCT41941). Worcestershire Pension Fund wish to appoint a Provider to supply the following services: - Actuarial calculations and modelling - provide information and advice - work with stakeholders - review processes, structures and policies - support projects and provision of services If you wish to view the documents for this opportunity please click 'Express Interest'. Following this, if you wish to apply for this opportunity please click 'Opt in' which will then enable you to view and complete the questionnaires and upload the relevant documents. After uploading all required documents and completing the questionnaires please remember to press the 'Submit your Return' button at the bottom of the page. Suppliers will receive a system generated email to confirm successful submission of their return. Any questions or clarification should be conducted via 'Correspondence' through this portal.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7747adfa-f111-4d50-a955-eb6c01fe8c7e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a25fffe8-0dba-477f-b0e4-de323026d7f1
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

66523000 - Pension fund consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
12 Apr 20241 years ago
Submission Deadline
16 Nov 2023Expired
Future Notice Date
Not specified
Award Date
5 Jan 20242 years ago
Contract Period
22 Jan 2024 - 21 Jan 2028 4-5 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
WORCESTERSHIRE 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
WORCESTERSHIRE
Postcode
WR5 2NP
Post Town
Worcester
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Worcester
Electoral Ward
Nunnery
Westminster Constituency
Worcester

Supplier Information

Number of Suppliers
1
Supplier Name

HYMANS ROBERTSON

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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