Award

Homes England - Probability of default (PD) methodology and assumptions

HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)

This public procurement record has 1 release in its history.

Award

10 Feb 2022 at 12:02

Award Notice
Summary of the contracting process

The procurement process involves Homes England, which operates under the Homes and Communities Agency, seeking actuarial services to develop a Probability of Default (PD) methodology and assumptions for the 2021/22 accounts. The tender, titled "Homes England - Probability of default (PD) methodology and assumptions," was completed with a total value of £65,000. It was active until the tender period ended on 1st January 2022, and the contract commenced on 6th January 2022, continuing until 6th January 2023. The services are required across England.

This tender presents an opportunity for businesses in the actuarial and financial services sector, particularly those classified as SMEs and voluntary, community, and social enterprises (VCSE). Companies with expertise in developing methodology and assumptions related to financial risk management will find this contract particularly relevant. Engaging with Homes England could lead to further contracts in the public sector, enhancing business growth prospects.

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Notice Information

Notice Title

Homes England - Probability of default (PD) methodology and assumptions

Notice Description

Probability of default (PD) methodology and assumptions and actuarial services for 2021/22 accounts.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c76d39d-84d5-4862-82a4-d4c4c21ac098
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8f59b6e4-3eac-4982-8c95-fd8ada96a744
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 -
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
£65,000 Under £100K
Lots Value
Not specified
Awards Value
£65,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20224 years ago
Submission Deadline
1 Jan 2022Expired
Future Notice Date
Not specified
Award Date
2 Jan 20224 years ago
Contract Period
6 Jan 2022 - 6 Jan 2023 1-2 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
HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE4 5BZ
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Arthur's Hill
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

GOVERNMENT ACTUARY'S DEPARTMENT

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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