Award

Levy Third Triennium

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Award Notice
Summary of the contracting process

The tender titled "Levy Third Triennium" is issued by the Pension Protection Fund, a key player in the financial services sector, based in Croydon, England. This procurement process is at the Award stage, having been completed on 15 April 2016, with the total contract value of £72,000 for financial consultancy services. The contract is set to commence from 15 April 2016 and will continue until 31 March 2017. This opportunity is linked to the effective revision of determination rules and policy statements every three years, engaging stakeholders throughout the process.

This procurement represents a significant opportunity for large firms specialising in financial consultancy, particularly those with expertise in insolvency risk modelling and scorecard development. The involvement of established organisations like Experian indicates a need for high-quality analytical skills and best practice adherence, allowing businesses that can bring strategic insights and proven methodologies to thrive in this contract and potentially foster further growth in related sectors.

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Notice Information

Notice Title

Levy Third Triennium

Notice Description

The PPF revisits the determination rules and policy statement every three years, known as a Triennium. We are now preparing for the Third Triennium, which is likely to be consulted on with stakeholders in late 2016 or early 2017. The third triennium will start from Levy year 18/19. In preparation for this the insolvency risk model that has been developed with Experian (The PPFSM), will be revisited and scorecards potentially changed, where this is supported by sufficient evidence. The consultant will support The PPF during the development of the Model by Experian for the model or scorecard build. In particular, working with Experian and the PPF, they will provide expertise to and responses to ensure the development is in line with best practice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e375ac7d-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/03573e78-55a9-4b3a-bcef-d18e1e7242df
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
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£72,000 Under £100K
Lots Value
Not specified
Awards Value
£72,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
14 Apr 2016Expired
Future Notice Date
Not specified
Award Date
14 Apr 20169 years ago
Contract Period
14 Apr 2016 - 31 Mar 2017 6-12 months
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
PENSION PROTECTION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

THE ANALYTICAL COOPERATIVE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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