Award

Cheshire Pension Fund - Actuarial Services

CHESHIRE WEST AND CHESTER BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

20 Jan 2022 at 15:18

Award Notice
Summary of the contracting process

The Cheshire Pension Fund has successfully completed a tender process for Actuarial Services, initiated by Cheshire West and Chester Borough Council. This procurement falls under the financial and insurance services category, with a total contract value of £2,487,700, and was conducted using a restricted procedure. The tender was open until 19 August 2021, with the contract commencing on 24 January 2022 and set to conclude on 23 January 2032. The relevant procurement is located in England, within the jurisdiction of the United Kingdom.

This tender presents a significant opportunity for firms specialising in actuarial consultancy and related financial services, particularly larger organisations capable of meeting the complex requirements outlined by the Cheshire Pension Fund. As the contract is now awarded to Hymans Robertson LLP, businesses in the actuarial and financial sectors should keep an eye on future opportunities that may arise as the pension fund continues to seek expert services throughout the contract period.

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Notice Information

Notice Title

Cheshire Pension Fund - Actuarial Services

Notice Description

Cheshire Pension Fund - Actuarial Services Via Actuarial Benefit and Governance Consultancy Services (from Lot 1 LGPS Framework)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bfe24119-b0a6-4890-9e77-0dabc85ad1f3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c965f20a-271e-449b-a9b3-c85f567402bc
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£2,487,700 £1M-£10M
Lots Value
Not specified
Awards Value
£1,294,330 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20224 years ago
Submission Deadline
19 Aug 2021Expired
Future Notice Date
Not specified
Award Date
20 Jan 20224 years ago
Contract Period
24 Jan 2022 - 23 Jan 2032 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
CHESHIRE WEST AND CHESTER BOROUGH 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
ELLESMERE PORT
Postcode
CH65 0BE
Post Town
Chester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD63 Cheshire West and Chester
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
Cheshire West and Chester
Electoral Ward
Central & Grange
Westminster Constituency
Ellesmere Port and Bromborough

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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