Award

CAA Pensions Actuarial Advice and Benefits Consultancy Services

CIVIL AVIATION AUTHORITY

This public procurement record has 2 releases in its history.

Award

01 Feb 2024 at 14:05

Tender

25 Aug 2023 at 15:06

Summary of the contracting process

The Civil Aviation Authority (CAA) has awarded a contract for "CAA Pensions Actuarial Advice and Benefits Consultancy Services" to Ernst and Young LLP. The procurement process was completed on 14th December 2023. This contract falls under the services category, specifically pension fund consultancy services. The CAA, located in Crawley, UK, initiated this tender as part of an open procedure. The contract is currently active, with a value of £900,000 GBP.

This tender for pension fund consultancy services by the CAA provides opportunities for businesses, particularly those offering actuarial advice and benefits consultancy. SMEs are encouraged to participate in this tender. The procurement stage involves submission of bids electronically or in writing, with a submission deadline of 25th September 2023. The tender aims to build a diverse market-led pension offering and de-risk existing obligations. The contract has a potential recurrence of up to 30 months, creating consistent business opportunities for successful bidders.

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Notice Title

CAA Pensions Actuarial Advice and Benefits Consultancy Services

Notice Description

CAA pensions actuarial advice & benefits consultancy.

Lot Information

Lot 1

CAA Pensions Actuarial Advice and Benefits Consultancy Services

Renewal: Extension periods of up to 4 years available

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03f733
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003378-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
£900,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£900,000 £500K-£1M

Notice Dates

Publication Date
1 Feb 20242 years ago
Submission Deadline
25 Sep 2023Expired
Future Notice Date
Not specified
Award Date
14 Dec 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
30 months

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CIVIL AVIATION AUTHORITY
Contact Name
Lisa Wynn
Contact Email
procurement@caa.co.uk
Contact Phone
+44 3301383226

Buyer Location

Locality
CRAWLEY
Postcode
RH6 0YR
Post Town
Redhill
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ28 West Sussex (North East)
Delivery Location
Not specified

Local Authority
Crawley
Electoral Ward
Langley Green & Tushmore
Westminster Constituency
Crawley

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST AND YOUNG

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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