Tender

Actuarial / Investment services

ASSOCIATED BRITISH PORTS

This public procurement record has 1 release in its history.

Tender

21 Apr 2022 at 16:53

Summary of the contracting process

The current procurement process pertains to actuarial and investment services for the ABP Group Pension Scheme, facilitated by Associated British Ports (ABP). The tender, titled "Actuarial / Investment services," is classified under services in the CPV code 66519600, and is taking place in the UK. The procurement method employed is selective, involving a negotiated procedure with prior call for competition. The tender period is set to close on 21 May 2022, with invitations for the second round being sent out on 26 May 2022. The contract is expected to span 1080 days with possibilities for extensions.

This tender presents significant opportunities for businesses specialising in actuarial services, particularly those with experience in pension schemes and corporate finance. Firms equipped to handle electronic submissions and offer competitive economic and technical criteria will find themselves well-positioned to bid. Businesses aiming to grow in the public sector should consider engaging with ABP, as they are actively seeking comprehensive pensions advice and may have ongoing opportunities for recurring contracts through this procurement process.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Actuarial / Investment services

Notice Description

Provision of corporate pensions advice in relation to the ABP Group Pension Scheme and other pension arrangements ABP participates in

Lot Information

Lot 1

Provision of corporate pensions advice in relation to the ABP Group Pension Scheme and other pension arrangements ABP participates in

Renewal: Potential +1 +1 extensions

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-032f55
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010423-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66519600 - Actuarial 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 Apr 20223 years ago
Submission Deadline
21 May 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
2025

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ASSOCIATED BRITISH PORTS
Contact Name
Rob Reeves
Contact Email
procurement@abports.co.uk
Contact Phone
Not specified

Buyer Location

Locality
HULL
Postcode
HU9 5PQ
Post Town
Hull
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
Not specified

Local Authority
Kingston upon Hull, City of
Electoral Ward
Drypool
Westminster Constituency
Kingston upon Hull East

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-032f55-2022-04-21T17:53:16+01:00",
    "date": "2022-04-21T17:53:16+01:00",
    "ocid": "ocds-h6vhtk-032f55",
    "initiationType": "tender",
    "tender": {
        "id": "ABP- GRP-22/0361",
        "legalBasis": {
            "id": "32014L0025",
            "scheme": "CELEX"
        },
        "title": "Actuarial / Investment services",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66519600",
            "description": "Actuarial services"
        },
        "mainProcurementCategory": "services",
        "description": "Provision of corporate pensions advice in relation to the ABP Group Pension Scheme and other pension arrangements ABP participates in",
        "lots": [
            {
                "id": "1",
                "description": "Provision of corporate pensions advice in relation to the ABP Group Pension Scheme and other pension arrangements ABP participates in",
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Potential +1 +1 extensions"
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "active"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66519600",
                        "description": "Actuarial services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "participationFees": [
            {
                "id": "1",
                "type": [
                    "document"
                ]
            }
        ],
        "submissionMethod": [
            "electronicSubmission",
            "written"
        ],
        "submissionMethodDetails": "https://in-tendhost.co.uk/abp/aspx/Tenders/Current",
        "documents": [
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "procurementMethod": "selective",
        "procurementMethodDetails": "Negotiated procedure with prior call for competition",
        "tenderPeriod": {
            "endDate": "2022-05-21T17:00:00+01:00"
        },
        "secondStage": {
            "invitationDate": "2022-05-26T00:00:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "hasRecurrence": true,
        "contractTerms": {
            "hasElectronicOrdering": true,
            "electronicInvoicingPolicy": "allowed",
            "hasElectronicPayment": true
        },
        "recurrence": {
            "description": "2025"
        }
    },
    "parties": [
        {
            "id": "GB-FTS-764",
            "name": "Associated British Ports",
            "identifier": {
                "legalName": "Associated British Ports"
            },
            "address": {
                "streetAddress": "Port House, Northern Gateway",
                "locality": "Hull",
                "region": "UK",
                "postalCode": "HU9 5PQ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Rob Reeves",
                "email": "Procurement@abports.co.uk",
                "url": "https://in-tendhost.co.uk/abp/aspx/Tenders/Current"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://in-tendhost.co.uk/abp/aspx/Tenders/Current",
                "buyerProfile": "https://in-tendhost.co.uk/abp/aspx/Tenders/Current",
                "classifications": [
                    {
                        "scheme": "TED_CE_ACTIVITY",
                        "id": "PORT_RELATED_ACTIVITIES",
                        "description": "Port-related activities"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-50682",
            "name": "Associated British Ports",
            "identifier": {
                "legalName": "Associated British Ports"
            },
            "address": {
                "streetAddress": "25 Bedford Street",
                "locality": "London",
                "postalCode": "WC2E9ES",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewContactPoint"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-764",
        "name": "Associated British Ports"
    },
    "language": "en"
}