Award

GB-London: FSCS398 Actuarial Services

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Award

18 Mar 2021 at 09:55

Summary of the contracting process

The Financial Services Compensation Scheme is seeking to procure actuarial services through a completed tender titled "GB-London: FSCS398 Actuarial Services". This process took place in London, UK, with the tender period concluding on 12 March 2021. The awarded contract, amounting to £51,500, commenced on 18 March 2021 and is set to run until 30 November 2023. The classification for this contract falls under the category of 'Actuarial services'.

This procurement presents opportunities for businesses that specialise in actuarial services, particularly those capable of providing pension accounting disclosures and associated advisory services. Companies with expertise in cost analysis and risk management in the financial sector would be well-suited for this contract. Given the nature of the work, firms that are larger and have the ability to deliver comprehensive insights into industry practices and negotiations will likely find this an advantageous opportunity for growth.

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Notice Title

GB-London: FSCS398 Actuarial Services

Notice Description

FSCS is looking for a firm to primarily propose the assumptions to be used and compile the pension accounting disclosures for the purpose and inclusion within FSCS's Annual Report and Accounts. Occasionally, FSCS may also want advice on cost, risk management, cash funding negotiations, and industry insights.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9d09f179-0153-43a3-a5a0-221673eed760
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd55e333-c461-40f0-85d2-149358a1ec1e
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
Not specified
Tender Suitability
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
£51,500 Under £100K
Lots Value
Not specified
Awards Value
£51,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Mar 20214 years ago
Submission Deadline
12 Mar 2021Expired
Future Notice Date
Not specified
Award Date
12 Mar 20214 years ago
Contract Period
18 Mar 2021 - 30 Nov 2023 2-3 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
FINANCIAL SERVICES COMPENSATION SCHEME
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BUCK CONSULTANTS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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