Award

Actuarial Services for the Staffordshire Pension Fund

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

20 Mar 2024 at 07:51

Summary of the contracting process

The Staffordshire County Council has awarded a contract for Actuarial Services for the Staffordshire Pension Fund to Hymans Robertson LLP. The contract, valued at £3,285,000 GBP, will run from 1st May 2024 to 30th April 2033. The procurement method used was selective, calling off from a framework agreement. The tender period ended on 12th January 2024.

This opportunity in the actuarial services sector in the West Midlands, United Kingdom, can benefit businesses that have expertise in actuarial services. With a contract period extending up to 2033 and a significant contract value, businesses specialising in actuarial services should consider engaging with Staffordshire County Council to explore potential future opportunities for growth and collaboration.

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Notice Title

Actuarial Services for the Staffordshire Pension Fund

Notice Description

Staffordshire County Council as the administering authority of the Staffordshire Pension Fund wishes to appoint a provider to provide services under Lot 1 - Actuarial Services of the National LGPS Framework reference NCCT41941. The Fund intends to appoint a single supplier to provide Actuarial Services for the period 1 May 2024 to 30 April 2030 with options to extend to a final end date of 30 April 2033.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e788f317-b218-4fdb-8e09-f7e333b7528b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fce9b976-2d69-495b-98d6-afb74c8bd07a
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial services

Notice Value(s)

Tender Value
£3,285,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,285,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 20241 years ago
Submission Deadline
12 Jan 2024Expired
Future Notice Date
Not specified
Award Date
27 Feb 20241 years ago
Contract Period
30 Apr 2024 - 30 Apr 2033 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
STAFFORDSHIRE COUNTY 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
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

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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