Tender

GB-London: Actuarial Services

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Tender

15 Oct 2020 at 17:05

Summary of the contracting process

The Financial Services Compensation Scheme is conducting an open tender for Actuarial Services, with a title "GB-London: Actuarial Services". The procurement is currently in the active tender stage, set to close on 29 October 2020. This opportunity is based in London, United Kingdom, and aims to establish a contract valued at £100,000, with a minimum value of £50,000. The service is expected to assist in pension accounting disclosures for the FSCS's Annual Report, along with other financial advice aspects. The contract period is scheduled to commence on 1 December 2020 and conclude on 30 November 2023.

This tender presents significant opportunities for small and medium enterprises (SMEs) and voluntary or community sector enterprises (VCSEs) interested in providing actuarial services. Companies with expertise in financial advice, risk management, and pension accounting will find this an ideal opportunity to expand their portfolio and client base. Participating in this procurement may not only enhance their visibility in the financial services industry but also foster valuable relationships with a key governmental organisation.

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Notice Title

GB-London: 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. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c8a0446f-3fcf-4e68-8395-cd9997110a41
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bc8171c2-09b2-46cb-9264-b38f946c02f6
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Oct 20205 years ago
Submission Deadline
29 Oct 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Dec 2020 - 30 Nov 2023 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL SERVICES COMPENSATION SCHEME
Contact Name
Jean Mutudza
Contact Email
jean.mutudza@fscs.org.uk
Contact Phone
02073758197

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

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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