Award

Actuarial Stochastic Superfund Modelling

THE PENSIONS REGULATOR

This public procurement record has 1 release in its history.

Award

21 Aug 2025 at 08:08

Award Notice
Summary of the contracting process

The procurement process for the "Actuarial Stochastic Superfund Modelling" contract, spearheaded by The Pensions Regulator, has reached the award stage. This contract falls under the financial and insurance services category, with regional delivery in the South East of the United Kingdom. The process utilised a selective procurement method through a call-off from a framework agreement. The award was made on 11th August 2025, and the contract is set to commence on 26th August 2025, lasting for one year. The awarded value is £100,000, and the bidding concluded on 8th August 2025.

This tender represents a significant opportunity for businesses specialising in financial and insurance services, particularly those capable of delivering complex actuarial and stochastic modelling solutions. While this opportunity may not have been tailored specifically for SMEs or VCSEs, larger firms in this sector, such as Mercer Limited, which secured the contract, are well-placed to leverage their scale and expertise. Such engagements can enhance market presence and provide substantial business growth potential through continued partnerships with organisations such as The Pensions Regulator.

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Notice Information

Notice Title

Actuarial Stochastic Superfund Modelling

Notice Description

values include VAT

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e50e55c8-244e-4885-aa32-1e463ba188f6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/980bc077-4975-4330-ab42-d5640a65600b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20256 months ago
Submission Deadline
8 Aug 2025Expired
Future Notice Date
Not specified
Award Date
10 Aug 20256 months ago
Contract Period
25 Aug 2025 - 26 Aug 2026 1-2 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
THE PENSIONS REGULATOR
Contact Name
The Pensions Regulator
Contact Email
acommercial@tpr.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BRIGHTON
Postcode
BN1 6AF
Post Town
Brighton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ21 Brighton and Hove
Delivery Location
TLJ South East (England)
Local Authority
Brighton and Hove
Electoral Ward
Preston Park
Westminster Constituency
Brighton Pavilion

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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