Award

Cheshire Pension Fund - Actuarial Services

CHESHIRE WEST AND CHESTER BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderUpdate

21 Jan 2022 at 10:47

Award

20 Jan 2022 at 14:50

Summary of the contracting process

The procurement process for actuarial services has been initiated by Cheshire West and Chester Borough Council for the Cheshire Pension Fund. This tender, titled "Cheshire Pension Fund - Actuarial Services", falls under the financial and insurance services category, specifically within the services procurement category. The procurement method selected was limited, allowing for an award procedure without the prior publication of a competition call. Companies interested in this opportunity should take note of the recently concluded tender stage, with activities culminating on 13th September 2021. All relevant contract activities were managed in Ellesmere Port, UK, where the contracting authority is based.

This tender provides significant opportunities for businesses in the financial services sector, particularly firms specialising in actuarial services. Businesses with strengths in delivering quality analysis and presentations, as highlighted in the evaluation criteria, would be well-suited to compete. Since the procurement process attracted multiple bids, with a reported range between £1,178,750 and £2,248,770, this indicates a competitive landscape that may benefit firms looking to establish or strengthen their market presence. With a focus on quality and presentation alongside pricing, agile companies that can articulate their value propositions effectively stand to gain from similar procurement processes in the future.

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Notice Title

Cheshire Pension Fund - Actuarial Services

Notice Description

Cheshire Pension Fund - Actuarial Services

Procurement Information

Competition through a framework agreement

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030d55
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001817-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20224 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Sep 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
CHESHIRE WEST AND CHESTER BOROUGH COUNCIL
Contact Name
Mr Chris Foley
Contact Email
chris.foley@cheshirewestandchester.gov.uk
Contact Phone
+44 1244975956

Buyer Location

Locality
ELLESMERE PORT
Postcode
CH65 0BE
Post Town
Chester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD63 Cheshire West and Chester
Delivery Location
TLD63 Cheshire West and Chester

Local Authority
Cheshire West and Chester
Electoral Ward
Central & Grange
Westminster Constituency
Ellesmere Port and Bromborough

Supplier Information

Number of Suppliers
1
Supplier Name

HYMANS ROBERTSON

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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