Award

Actuarial Services

EAST RIDING OF YORKSHIRE COUNCIL

This public procurement record has 1 release in its history.

Award

28 Feb 2023 at 16:37

Award Notice
Summary of the contracting process

The East Riding of Yorkshire Council has awarded a contract for Actuarial Services under Lot 1 of the National LGPS Framework. The contract, valued at £3,359,169, was awarded to Hymans Robertson LLP. The procurement method used was a selective process with a tender period ending on 16th November 2022. The contract is set to commence on 1st April 2023 and run until 31st March 2033.

This tender for Actuarial Services presents an opportunity for businesses in the pension services industry. Companies providing actuarial, benefits, and consultancy services would be well-suited to compete for this contract. The East Riding of Yorkshire Council's procurement process has now reached the award stage, creating a potential avenue for business growth in the region of Yorkshire and the Humber, United Kingdom.

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Notice Information

Notice Title

Actuarial Services

Notice Description

This exercise was a call for competition under Lot 1 of the National LGPS Framework for Actuarial, Benefits and Governance Consultancy Services (Reference Number NCCT41941) for the procurement of Actuarial Services to the East Riding Pension Fund (ERPF) from 01 April 2023 to 31 March 2033.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b4114912-43a3-4caa-af01-0d0a44943179
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/17134db0-a2b0-4a76-8927-8aed1ed188a2
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
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

66523000 - Pension fund consultancy services

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
£3,359,169 £1M-£10M
Lots Value
Not specified
Awards Value
£3,359,169 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Feb 20232 years ago
Submission Deadline
16 Nov 2022Expired
Future Notice Date
Not specified
Award Date
20 Feb 20233 years ago
Contract Period
31 Mar 2023 - 31 Mar 2033 Over 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
EAST RIDING OF YORKSHIRE 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
BEVERLEY
Postcode
HU17 9BA
Post Town
Hull
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE12 East Riding of Yorkshire
Delivery Location
TLE Yorkshire and The Humber
Local Authority
East Riding of Yorkshire
Electoral Ward
St Mary's
Westminster Constituency
Beverley and Holderness

Supplier Information

Number of Suppliers
1
Supplier Name

HYMANS ROBERTSON

Further Information

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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