Award

Actuarial & Benefit Consultancy 2025

WIRRAL BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

17 Apr 2025 at 14:40

Summary of the contracting process

Wirral Borough Council has completed the tender process titled "Actuarial & Benefit Consultancy 2025". The procurement, conducted under the LGPS Framework for Actuarial, Benefits, and Governance Consultancy Services, falls under the Pension Services industry category (CPV code 66520000). The contract, valued at £10,000,000, commenced on 1st March 2025 and will run until 28th February 2035. This tender was carried out using an open procedure and targets a service category within the England region of the United Kingdom.

This tender represents a significant opportunity for large-scale consultancy firms with expertise in actuarial and benefit services. The substantial contract value and long-term duration provide a stable and lucrative engagement for businesses in the pension services industry. Organisations like Mercer, the awarded supplier, are ideally positioned to leverage their capabilities to deliver comprehensive consultancy services, although it is not specifically directed at SMEs or VCSEs. This contract showcases a valuable opportunity for firms looking to grow their footprint in public sector consultancy, particularly in long-term strategic roles.

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Notice Title

Actuarial & Benefit Consultancy 2025

Notice Description

Actuarial & Benefit Consultancy 2025 Additional information: Further competition via LGPS Framework for Actuarial, Benefits and Governance Consultancy Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e1a7e9be-ab7a-4e71-bade-e126c7315b2e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c6584916-44cc-40c2-a88c-c2f93dbc6c82
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£10,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£10,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Apr 202510 months ago
Submission Deadline
14 Feb 2025Expired
Future Notice Date
Not specified
Award Date
28 Feb 202512 months ago
Contract Period
1 Mar 2025 - 28 Feb 2035 Over 5 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
WIRRAL BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurementcorporate@wirral.gov.uk
Contact Phone
+44 1516062000

Buyer Location

Locality
BIRKENHEAD
Postcode
CH41 2AB
Post Town
Chester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD74 Wirral
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
Wirral
Electoral Ward
Birkenhead and Tranmere
Westminster Constituency
Birkenhead

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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